Himalaya Tech Financials
Himalaya Tech (HMLA) reported $2K in revenue for fiscal year 2023. This page shows its 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).
Minimal reported revenue sits beside a shrinking asset base, rising liabilities, and financing-dependent cash movement.
From FY2022 to FY2023, total assets fell from$327K to$36K while total liabilities increased from$1.0M to$1.2M , leaving the balance sheet increasingly dominated by obligations rather than operating resources. At the same time, operating cash flow worsened from-$29K to-$63K , while financing inflows rose from$11K to$65K ; that combination indicates reported cash activity was being supported more by financing than by operations.
Revenue stayed roughly
The current ratio fell from 0.0041 to 0.0003, and nearly all reported liabilities were current in FY2023. Combined with negative equity of
Financial Health Signals
Himalaya Tech does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The metrics below are current.
Key Financial Metrics
Earnings & Revenue
Himalaya Tech generated $2K in revenue in fiscal year 2023. That is unchanged from the prior year.
Not reported for fiscal year 2023.
Not reported for fiscal year 2023.
Cash & Balance Sheet
Himalaya Tech held $324 in cash as of fiscal year 2023; long-term debt is not reported for that period.
Not reported for fiscal year 2023.
Not reported for fiscal year 2023.
Margins & Returns
None of these metrics is reported for fiscal year 2023.
Capital Allocation
None of these metrics is reported for fiscal year 2023.
HMLA Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | $2K | N/A | N/A | N/A | $2K | N/A |
| R&D Expenses | $47K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $276K+345.3% | $62K | N/A | N/A | $70K-13.2% | $80K-0.6% | $81K | N/A |
| Operating Income | -$324K-410.0% | -$63K | N/A | N/A | -$71K+13.1% | -$81K+0.5% | -$82K | N/A |
| Interest Expense | $12K-4.9% | $13K+92.4% | $7K | N/A | $10K+12.9% | $9K+15.9% | $7K | N/A |
| Net Income | N/A | -$363K-257.4% | -$102K | N/A | $196K+185.6% | -$229K-24.9% | -$183K | N/A |
| EPS (Diluted) | N/A | $0.00 | $0.00 | N/A | N/A | $0.00 | $0.00 | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, Income Tax.
HMLA Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $89K-35.3% | $137K+295.8% | $35K-3.6% | $36K-82.5% | $206K-37.1% | $328K-2.7% | $337K+3.0% | $327K |
| Current Assets | $100-98.0% | $5K+2073.2% | $235-27.5% | $324-30.0% | $463-57.2% | $1K-88.1% | $9K+119.7% | $4K |
| Cash & Equivalents | $100-98.0% | $5K+2073.2% | $235-27.5% | $324-30.0% | $463-57.2% | $1K-88.1% | $9K+119.7% | $4K |
| Total Liabilities | $821K+18.0% | $696K-25.5% | $933K-19.7% | $1.2M+15.2% | $1.0M-25.2% | $1.3M+17.1% | $1.2M+12.8% | $1.0M |
| Current Liabilities | $821K+18.0% | $696K-25.5% | $933K-19.7% | $1.2M+15.2% | $1.0M-25.2% | $1.3M+17.1% | $1.2M+12.8% | $1.0M |
| Total Equity | -$732K-31.1% | -$558K+37.9% | -$899K+20.2% | -$1.1M-40.3% | -$802K+21.4% | -$1.0M-25.3% | -$815K-17.4% | -$694K |
| Retained Earnings | -$9.6M-5.3% | -$9.1M-4.2% | -$8.7M-1.2% | -$8.6M-4.4% | -$8.3M+2.3% | -$8.5M-2.8% | -$8.2M-2.3% | -$8.1M |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
HMLA Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$16K+67.8% | -$49K-1043.0% | -$4K+35.6% | -$7K+59.6% | -$16K-3.7% | -$16K+34.7% | -$24K-205.4% | $23K |
| Investing Cash Flow | N/A | N/A | N/A | $0 | $0 | $0+100.0% | -$6K | N/A |
| Financing Cash Flow | $871-98.6% | $63K+1418.7% | $4K-35.6% | $6K-58.9% | $16K+103.4% | $8K-78.0% | $35K+320.0% | -$16K |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
HMLA Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | -5447.8% | N/A |
| Net Margin | N/A | N/A | -6767.5% | N/A | N/A | N/A | -12222.9% | N/A |
| Return on Assets | N/A | -264.4%+28.3pp | -292.7% | N/A | 95.1%+165.0pp | -69.9%-15.4pp | -54.4% | N/A |
| Current Ratio | 0.000.0x | 0.010.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.010.0x | 0.00 |
Not reported in any period shown, so not listed: Gross Margin, Return on Equity, Debt-to-Equity, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Note: Shareholder equity is negative (-$1.1M), 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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Where Himalaya Tech Ranks
Frequently Asked Questions
What is Himalaya Tech's annual revenue?
Himalaya Tech (HMLA) reported $2K in total revenue for fiscal year 2023. That is unchanged from 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 was essentially unchanged year-over-year, at $2K in fiscal year 2023 against $2K the year before.
What is Himalaya Tech's operating cash flow?
Himalaya Tech (HMLA) recorded an outflow of $63K in operating cash flow during fiscal year 2023, representing cash used by core business activities.
What are Himalaya Tech's total assets?
Himalaya Tech (HMLA) had $36K in total assets as of fiscal year 2023, including both current and long-term assets.
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.
How does Himalaya Tech's liquidity compare with its operating cash outflow?
At the end of fiscal year 2023, Himalaya Tech (HMLA) held $21K in cash, cash equivalents and investments, and reported an operating cash outflow of $63K over that year. Dividing the one by the other, the reported balance equals about 4 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is Himalaya Tech's debt-to-equity ratio negative or not reported?
Himalaya Tech (HMLA) has negative shareholder equity of -$1.1M as of fiscal year 2023, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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.