Heidmar Maritime Holdings Corp.
HMR Nasdaq Deep Sea Foreign Transportation Of Freight Financials FY2022–FY2025
What Heidmar Maritime Holdings Corp. does
No business description yet.
- Legal name
- Heidmar Maritime Holdings Corp.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Apr 30, 2026
- Accession · CIK
- 0001193125-26-197112
0002029471
Revenue and margins
Heidmar Maritime Holdings Corp. had $55.9M of revenue in fiscal 2025, up 92.9% on the year before.
Net income and earnings per share
Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was $13.2M in fiscal 2025, 23.6% of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Heidmar Maritime Holdings Corp. returned $8.0M to shareholders in fiscal 2025, 61% of free cash flow. The diluted share count rose 2.0%.
Balance sheet
Cash, debt and the ratios that show how comfortably Heidmar Maritime Holdings Corp. can carry it.
| Fiscal year end | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Cash and short-term investments | $25.2M | $18.9M | $20.0M | $18.6M |
| Current ratio | — | 1.3x | 1.5x | 0.9x |
| Quick ratio | — | 1.3x | 1.5x | 0.9x |
| Total assets | — | $47.3M | $38.1M | $72.1M |
| Total liabilities | — | $30.9M | $19.9M | $61.4M |
| Shareholders' equity | $21.8M | $16.4M | $18.2M | $10.7M |
| Net debt (− = net cash) | — | — | — | — |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. “Plan” marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Net income is positive | ✓ | ✓ | ✓ | ✕ |
| Cash from operations is positive | ✓ | ✓ | ✓ | ✓ |
| Return on assets rose | — | — | ✕ | ✕ |
| Cash from operations exceeds net income | ✕ | ✕ | ✓ | ✓ |
| Debt fell relative to assets | — | — | — | — |
| Current ratio rose | — | — | ✓ | ✕ |
| Share count didn't rise | — | ✕ | ✓ | ✕ |
| Gross margin rose | — | — | — | — |
| Revenue rose relative to assets | — | — | ✕ | ✓ |
| F-score | — / 3 | — / 4 | 5 / 7 | 3 / 7 |
| Accruals ratio | — | 15.9% | −11.3% | −64.9% |
| Altman Z'' | — | 5.18 | 4.59 | −1.25 |
4 years of figures
Amounts in USD. Hover a ratio’s name for its definition.
| Fiscal year | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $30.1M | $49.1M | $28.9M | $55.9M |
| Operating income | $16.9M | $19.6M | $4.1M | −$4.9M |
| Income tax | $0.0M | $0.0M | $0.0M | $0.0M |
| Net income | $16.2M | $19.6M | $1.9M | −$22.6M |
| Diluted EPS | $168,551.55 | $0.34 | $0.03 | −$0.39 |
| Diluted shares | 0.00B | 0.06B | 0.06B | 0.06B |
| Cash flow | ||||
| Cash from operations | $14.7M | $12.0M | $6.8M | $13.2M |
| Capital expenditure | — | $0.0M | $0.3M | $0.0M |
| Free cash flow | — | $12.0M | $6.5M | $13.2M |
| Depreciation and amortization | $0.0M | $0.0M | $0.0M | $0.0M |
| Stock-based compensation | — | — | — | $5.0M |
| Dividends paid | — | $25.0M | — | $8.0M |
| Dividends and buybacks | — | $25.0M | — | $8.0M |
| Balance sheet | ||||
| Cash and short-term investments | $25.2M | $18.9M | $20.0M | $18.6M |
| Current assets | — | $33.0M | $30.3M | $27.4M |
| Current liabilities | — | $25.1M | $19.6M | $29.2M |
| Inventory | — | $1.2M | $0.6M | $0.0M |
| Property and equipment, net | $0.0M | $0.1M | $0.3M | $0.3M |
| Goodwill | — | — | $0.3M | $0.3M |
| Intangible assets | — | — | $0.4M | $0.4M |
| Total assets | — | $47.3M | $38.1M | $72.1M |
| Total liabilities | — | $30.9M | $19.9M | $61.4M |
| Shareholders' equity | $21.8M | $16.4M | $18.2M | $10.7M |
| Margins | ||||
| Operating margin | 56.3% | 40.0% | 14.1% | −8.7% |
| EBITDA margin | 56.3% | 40.0% | 14.3% | −8.6% |
| Net margin | 53.8% | 39.8% | 6.6% | −40.4% |
| FCF margin | — | 24.5% | 22.4% | 23.6% |
| Returns | ||||
| Return on capital employed | — | 88.7% | 22.1% | −11.4% |
| Return on equity | 74.3% | 102.4% | 11.1% | −156.0% |
| Return on assets | — | 41.4% | 4.5% | −40.9% |
| Return on tangible equity | 74.3% | 119.2% | 11.0% | −226.2% |
| Growth | ||||
| Revenue growth | — | 63.3% | −41.0% | 92.9% |
| Net income growth | — | 20.8% | −90.2% | −1,279.0% |
| EPS growth | — | −100.0% | −91.2% | −1,400.0% |
| FCF growth | — | — | −46.0% | 103.4% |
| Share count change | — | 57,123,700.0% | 0.0% | 2.0% |
| Financial health | ||||
| Current ratio | — | 1.3x | 1.5x | 0.9x |
| Quick ratio | — | 1.3x | 1.5x | 0.9x |
| Capital allocation | ||||
| Capex / revenue | — | 0.0% | 0.9% | 0.0% |
| Stock comp / revenue | — | — | — | 8.9% |
| Payouts / FCF | — | 208.1% | — | 60.6% |
| Quality scores | ||||
| Piotroski F-score | — | — | 5.0 | 3.0 |
| Altman Z'' | — | 5.2 | 4.6 | −1.2 |
| Accruals ratio | — | 15.9% | −11.3% | −64.9% |
Source: SEC EDGAR XBRL filings (CIK 0002029471). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.