This page shows Hallmark Fin Svs (HALL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2022 annual data. Scores normalized against common benchmarks. How we calculate these scores
Hallmark Fin Svs's revenue declined 29.4% year-over-year, from $226.5M to $159.9M. This contraction results in a growth score of 0/100.
Hallmark Fin Svs has elevated debt relative to equity (D/E of 24.49), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
While Hallmark Fin Svs generated -$165.0M in operating cash flow, capex of $2.4M consumed most of it, leaving -$167.3M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Hallmark Fin Svs generates a -179.3% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from 5.1% the prior year.
Hallmark Fin Svs passes 0 of 9 financial strength tests. No profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Hallmark Fin Svs generates $1.53 in operating cash flow (-$165.0M OCF vs -$108.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Hallmark Fin Svs generated $159.9M in revenue in fiscal year 2022. This represents a decrease of 29.4% from the prior year.
Hallmark Fin Svs reported -$108.1M in net income in fiscal year 2022. This represents a decrease of 1300.7% from the prior year.
Hallmark Fin Svs earned $-59.47 per diluted share (EPS) in fiscal year 2022. This represents a decrease of 1299.0% from the prior year.
Cash & Balance Sheet
Hallmark Fin Svs generated -$167.3M in free cash flow in fiscal year 2022, representing cash available after capex. This represents a decrease of 499.7% from the prior year.
Hallmark Fin Svs held $59.1M in cash against $0 in long-term debt as of fiscal year 2022.
Margins & Returns
Hallmark Fin Svs's net profit margin was -67.6% in fiscal year 2022, showing the share of revenue converted to profit. This is down 71.6 percentage points from the prior year.
Hallmark Fin Svs's ROE was -179.3% in fiscal year 2022, measuring profit generated per dollar of shareholder equity. This is down 184.4 percentage points from the prior year.
Capital Allocation
Hallmark Fin Svs invested $2.4M in capex in fiscal year 2022, funding long-term assets and infrastructure. This represents an increase of 23.5% from the prior year.
HALL Income Statement
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $41.9M0.0% | $41.9M+5.2% | $39.8M-5.9% | $42.3M+10.7% | $38.2M+2.9% | $37.2M-12.0% | $42.2M | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $2.0M+5.1% | $1.9M+2.1% | $1.9M+8.8% | $1.7M+14.1% | $1.5M+11.9% | $1.4M+8.1% | $1.3M | N/A |
| Income Tax | $456K+442.9% | -$133K+75.1% | -$534K-31.2% | -$407K+59.6% | -$1.0M-108.1% | $12.4M+491.5% | -$3.2M | N/A |
| Net Income | -$21.5M-80.6% | -$11.9M+69.6% | -$39.1M-434.7% | -$7.3M+74.0% | -$28.2M+59.4% | -$69.4M-2056.5% | -$3.2M | N/A |
| EPS (Diluted) | $-11.83-80.6% | $-6.55+69.6% | $-21.53 | N/A | $-15.48+59.4% | $-38.16-2055.9% | $-1.77 | N/A |
HALL Balance Sheet
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.1B-12.5% | $1.2B-15.0% | $1.5B-4.3% | $1.5B+3.7% | $1.5B+1.1% | $1.5B-1.6% | $1.5B-4.1% | $1.6B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $75.7M-49.7% | $150.5M+42.7% | $105.5M+78.3% | $59.1M-54.3% | $129.5M+14.4% | $113.2M-38.3% | $183.4M-48.0% | $352.9M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | $0 | N/A | N/A | N/A | $0 |
| Total Liabilities | $1.1B-11.0% | $1.2B-14.5% | $1.4B-2.0% | $1.5B+4.2% | $1.4B+3.4% | $1.4B+3.8% | $1.3B-4.2% | $1.4B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$7.8M-162.7% | $12.4M-47.4% | $23.5M-61.0% | $60.3M-8.3% | $65.8M-31.8% | $96.4M-43.3% | $169.8M-3.2% | $175.5M |
| Retained Earnings | -$105.5M-24.9% | -$84.5M-16.4% | -$72.5M-117.2% | -$33.4M-28.1% | -$26.1M-1362.0% | $2.1M-97.1% | $71.5M-4.3% | $74.7M |
HALL Cash Flow Statement
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$109.1M-2579.5% | -$4.1M+93.1% | -$58.9M+35.1% | -$90.8M-2288.0% | $4.2M+125.4% | -$16.3M+73.7% | -$62.0M-1631.3% | -$3.6M |
| Capital Expenditures | $23K-94.4% | $411K+72.7% | $238K+13.3% | $210K-30.7% | $303K-75.0% | $1.2M+92.4% | $631K+127.0% | $278K |
| Free Cash Flow | -$109.1M-2334.4% | -$4.5M+92.4% | -$59.1M+35.0% | -$91.0M-2465.8% | $3.8M+121.9% | -$17.5M+72.0% | -$62.6M-1522.9% | -$3.9M |
| Investing Cash Flow | $30.5M-44.4% | $54.8M-35.4% | $84.8M+106.4% | $41.1M+142.7% | $16.9M+131.3% | -$54.1M+49.5% | -$107.1M-449.6% | $30.6M |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
HALL Financial Ratios
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | -51.3%-22.9pp | -28.4%+69.8pp | -98.3%-81.0pp | -17.3%+56.3pp | -73.6%+113.2pp | -186.8%-179.2pp | -7.6% | N/A |
| Return on Equity | N/A | -96.2%+70.2pp | -166.3%-154.2pp | -12.1%+30.7pp | -42.8%+29.2pp | -72.0%-70.1pp | -1.9% | N/A |
| Return on Assets | -2.0%-1.0pp | -0.9%+1.7pp | -2.7%-2.2pp | -0.5%+1.4pp | -1.9%+2.8pp | -4.7%-4.5pp | -0.2% | N/A |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | -141.70-241.6 | 99.88+38.4 | 61.47+37.0 | 24.49+3.0 | 21.53+7.3 | 14.21+6.4 | 7.77-0.1 | 7.85 |
| FCF Margin | -260.5%-249.8pp | -10.7%+137.8pp | -148.5%+66.7pp | -215.1%-225.2pp | 10.1%+57.3pp | -47.2%+101.1pp | -148.3% | N/A |
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Frequently Asked Questions
What is Hallmark Fin Svs's annual revenue?
Hallmark Fin Svs (HALL) reported $159.9M in total revenue for fiscal year 2022. This represents a -29.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Hallmark Fin Svs's revenue growing?
Hallmark Fin Svs (HALL) revenue declined by 29.4% year-over-year, from $226.5M to $159.9M in fiscal year 2022.
Is Hallmark Fin Svs profitable?
No, Hallmark Fin Svs (HALL) reported a net income of -$108.1M in fiscal year 2022, with a net profit margin of -67.6%.
What is Hallmark Fin Svs's net profit margin?
Hallmark Fin Svs (HALL) had a net profit margin of -67.6% in fiscal year 2022, representing the share of revenue converted into profit after all expenses.
What is Hallmark Fin Svs's return on equity (ROE)?
Hallmark Fin Svs (HALL) has a return on equity of -179.3% for fiscal year 2022, measuring how efficiently the company generates profit from shareholder equity.
What is Hallmark Fin Svs's free cash flow?
Hallmark Fin Svs (HALL) generated -$167.3M in free cash flow during fiscal year 2022. This represents a -499.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Hallmark Fin Svs's operating cash flow?
Hallmark Fin Svs (HALL) generated -$165.0M in operating cash flow during fiscal year 2022, representing cash generated from core business activities.
What are Hallmark Fin Svs's total assets?
Hallmark Fin Svs (HALL) had $1.5B in total assets as of fiscal year 2022, including both current and long-term assets.
What are Hallmark Fin Svs's capital expenditures?
Hallmark Fin Svs (HALL) invested $2.4M in capital expenditures during fiscal year 2022, funding long-term assets and infrastructure.
What is Hallmark Fin Svs's debt-to-equity ratio?
Hallmark Fin Svs (HALL) had a debt-to-equity ratio of 24.49 as of fiscal year 2022, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Hallmark Fin Svs's return on assets (ROA)?
Hallmark Fin Svs (HALL) had a return on assets of -7.0% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.
What is Hallmark Fin Svs's cash runway?
Based on fiscal year 2022 data, Hallmark Fin Svs (HALL) had $59.1M in cash against an annual operating cash burn of $165.0M. This gives an estimated cash runway of approximately 4 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Hallmark Fin Svs's Piotroski F-Score?
Hallmark Fin Svs (HALL) has a Piotroski F-Score of 0 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Hallmark Fin Svs's earnings high quality?
Hallmark Fin Svs (HALL) has an earnings quality ratio of 1.53x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Hallmark Fin Svs?
Hallmark Fin Svs (HALL) scores 0 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.