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Himalaya Tech Financials

HMLA
Source SEC Filings (10-K/10-Q) Updated Apr 30, 2024 Currency USD FYE July

This page shows Himalaya Tech (HMLA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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

Piotroski F-Score Weak
2/9

Himalaya Tech passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Low Quality
0.11x

For every $1 of reported earnings, Himalaya Tech generates $0.11 in operating cash flow (-$63K OCF vs -$578K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk
-9.0x

Himalaya Tech earns $-9.0 in operating income for every $1 of interest expense (-$302K vs $34K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Revenue
$2K
YoY+0.0%

Himalaya Tech generated $2K in revenue in fiscal year 2023. This represents an increase of 0.0% from the prior year.

EBITDA
N/A
Free Cash Flow
N/A
Net Income
-$578K
YoY-193.2%

Himalaya Tech reported -$578K in net income in fiscal year 2023. This represents a decrease of 193.2% from the prior year.

EPS (Diluted)
$0.00

Himalaya Tech earned $0.00 per diluted share (EPS) in fiscal year 2023.

Cash & Debt
$235
YoY-97.4%
5Y CAGR-69.6%

Himalaya Tech held $235 in cash against $0 in long-term debt as of fiscal year 2023.

Dividends Per Share
N/A
Shares Outstanding
206M
YoY+39.8%

Himalaya Tech had 206M shares outstanding in fiscal year 2023. This represents an increase of 39.8% from the prior year.

Gross Margin
N/A
Operating Margin
-20146.6%
YoY-1097.9pp

Himalaya Tech's operating margin was -20146.6% in fiscal year 2023, reflecting core business profitability. This is down 1097.9 percentage points from the prior year.

Net Margin
-38518.4%
YoY-25382.5pp

Himalaya Tech's net profit margin was -38518.4% in fiscal year 2023, showing the share of revenue converted to profit. This is down 25382.5 percentage points from the prior year.

Return on Equity
N/A
R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
N/A

HMLA Income Statement

Metric Q3'24 Q1'24 Q1'23 Q2'22 Q3'23 Q2'21 Q3'22 Q3'14
Revenue N/A $2K0.0% $2K N/A N/A N/A N/A 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 $47K N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $276K-6.3% $295K+265.7% $81K N/A $22K N/A $31K-94.2% $534K
Operating Income -$324K-9.4% -$296K-262.1% -$82K N/A -$22K N/A -$31K+94.2% -$535K
Interest Expense $12K+83.0% $7K-9.0% $7K N/A $6K N/A $114K+272.8% -$66K
Income Tax N/A N/A N/A N/A N/A N/A N/A N/A
Net Income -$483K-376.1% -$102K+44.6% -$183K N/A $700K N/A -$196K+56.6% -$452K
EPS (Diluted) $0.00 $0.00 $0.00 N/A N/A N/A N/A N/A

HMLA Balance Sheet

Metric Q3'24 Q1'24 Q1'23 Q2'22 Q3'23 Q2'21 Q3'22 Q3'14
Total Assets $89K+155.9% $35K-89.7% $337K+3.0% $327K+1.8% $321K+719.9% $39K N/A $50K
Current Assets $100-57.4% $235-97.4% $9K+119.7% $4K+38.1% $3K-89.5% $29K N/A $9K
Cash & Equivalents $100-57.4% $235-97.4% $9K+119.7% $4K+38.1% $3K-89.5% $29K N/A $7K
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 $2K
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $821K-12.0% $933K-18.9% $1.2M+12.8% $1.0M+31.2% $778K-34.2% $1.2M N/A $753K
Current Liabilities $821K-12.0% $933K-18.9% $1.2M+12.8% $1.0M+31.2% $778K-34.2% $1.2M N/A $748K
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity -$732K+18.5% -$899K-10.3% -$815K-17.4% -$694K-51.9% -$457K+60.1% -$1.1M+12.8% -$1.3M-86.5% -$703K
Retained Earnings -$9.6M-9.7% -$8.7M-6.0% -$8.2M-2.3% -$8.1M-5.4% -$7.6M+2.8% -$7.9M N/A -$7.3M

HMLA Cash Flow Statement

Metric Q3'24 Q1'24 Q1'23 Q2'22 Q3'23 Q2'21 Q3'22 Q3'14
Operating Cash Flow -$16K-267.6% -$4K+82.4% -$24K-205.4% $23K+176.0% -$30K-0.1% -$30K N/A -$186K
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow $0 N/A -$6K N/A N/A N/A N/A -$82K
Financing Cash Flow $871-79.1% $4K-88.1% $35K+320.0% -$16K-158.7% $27K-53.7% $59K 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

HMLA Financial Ratios

Metric Q3'24 Q1'24 Q1'23 Q2'22 Q3'23 Q2'21 Q3'22 Q3'14
Gross Margin N/A N/A N/A N/A N/A N/A N/A N/A
Operating Margin N/A -19728.0%-14280.2pp -5447.8% N/A N/A N/A N/A N/A
Net Margin N/A -6767.5%+5455.3pp -12222.9% N/A N/A N/A N/A N/A
Return on Equity N/A N/A N/A N/A N/A N/A N/A N/A
Return on Assets -544.5%-251.8pp -292.7%-238.3pp -54.4% N/A 217.8% N/A N/A -906.7%
Current Ratio 0.000.0 0.000.0 0.010.0 0.000.0 0.00-0.0 0.02 N/A 0.01
Debt-to-Equity -1.12-0.1 -1.04+0.4 -1.41+0.1 -1.47+0.2 -1.70-0.7 -1.03 N/A -1.07
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

Note: Shareholder equity is negative (-$899K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.00), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Himalaya Tech's annual revenue?

Himalaya Tech (HMLA) reported $2K in total revenue for fiscal year 2023. This represents a 0.0% 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 Himalaya Tech's revenue growing?

Himalaya Tech (HMLA) revenue grew by 0% year-over-year, from $2K to $2K in fiscal year 2023.

Is Himalaya Tech profitable?

No, Himalaya Tech (HMLA) reported a net income of -$578K in fiscal year 2023, with a net profit margin of -38518.4%.

What is Himalaya Tech's earnings per share (EPS)?

Himalaya Tech (HMLA) reported diluted earnings per share of $0.00 for fiscal year 2023. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Himalaya Tech's operating margin?

Himalaya Tech (HMLA) had an operating margin of -20146.6% in fiscal year 2023, reflecting the profitability of core business operations before interest and taxes.

What is Himalaya Tech's net profit margin?

Himalaya Tech (HMLA) had a net profit margin of -38518.4% in fiscal year 2023, representing the share of revenue converted into profit after all expenses.

What is Himalaya Tech's operating cash flow?

Himalaya Tech (HMLA) generated -$63K in operating cash flow during fiscal year 2023, representing cash generated from core business activities.

What are Himalaya Tech's total assets?

Himalaya Tech (HMLA) had $35K in total assets as of fiscal year 2023, including both current and long-term assets.

How many shares does Himalaya Tech have outstanding?

Himalaya Tech (HMLA) had 206M shares outstanding as of fiscal year 2023.

What is Himalaya Tech's current ratio?

Himalaya Tech (HMLA) had a current ratio of 0.00 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.

What is Himalaya Tech's debt-to-equity ratio?

Himalaya Tech (HMLA) had a debt-to-equity ratio of -1.04 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Himalaya Tech's return on assets (ROA)?

Himalaya Tech (HMLA) had a return on assets of -1665.9% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.

What is Himalaya Tech's cash runway?

Based on fiscal year 2023 data, Himalaya Tech (HMLA) had $235 in cash against an annual operating cash burn of $63K. This gives an estimated cash runway of approximately 0 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.

Why is Himalaya Tech's debt-to-equity ratio negative or unusual?

Himalaya Tech (HMLA) has negative shareholder equity of -$899K as of fiscal year 2023, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Himalaya Tech's Piotroski F-Score?

Himalaya Tech (HMLA) has a Piotroski F-Score of 2 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 Himalaya Tech's earnings high quality?

Himalaya Tech (HMLA) has an earnings quality ratio of 0.11x, 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.

Can Himalaya Tech cover its interest payments?

Himalaya Tech (HMLA) has an interest coverage ratio of -9.0x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.