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.

Himalaya Tech Financials

HMLA

Source SEC Filings (10-K/10-Q) Data as of 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).

Rhea AI HMLA FY2023 2026-04-22

External financing, not customer revenue, appears to be the core mechanic as cash burn persists against an extremely thin asset base.

By FY2023, operating cash burn of -$63K was almost fully offset by financing inflows of $65K. With revenue stuck at only $2K in both FY2022 and FY2023, the cash cycle appears supported by capital raising rather than customer receipts.

The FY2023 balance sheet is liquidity-starved: cash fell to $235 and the current ratio was just 0.0003x. Assets also shrank from $337K in FY2022 to $35K in FY2023, so the company entered the year with less buffer against obligations that still dominated the capital structure.

Across the last three reported years, shares outstanding rose from 97.7M to 205.8M. Because reported revenue was still only $2K in FY2023, that looks like capital structure change without matching operating scale, making each share represent a claim on a business that has not yet become self-funding.

Financial Health Signals

Financial health score pending refresh

We are recalculating Himalaya Tech's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Key Financial Metrics

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Earnings & Revenue

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

Net Income

N/A

EPS (Diluted)

$0.00

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

Cash & Balance Sheet

Free Cash Flow

N/A

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.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

HMLA Income Statement

Metric	FY23	FY22	FY21	FY14	FY13	FY12
Revenue	$2K0.0%	$2K	N/A	N/A	N/A	N/A
Cost of Revenue	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
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	$283K+546.2%	$44K-74.7%	$173K-33.3%	$259K+60.3%	$162K
Operating Income	N/A	-$286K-539.0%	-$45K	N/A	-$267K-533.1%	-$42K
Interest Expense	$34K+46.3%	$23K-84.9%	$153K+148.7%	$61K+15.6%	$53K+268.0%	$14K
Income Tax	N/A	N/A	N/A	$0	$0	$0
Net Income	N/A	-$197K-699.8%	$33K	N/A	-$334K-195.7%	-$113K
EPS (Diluted)	$0.00	$0.00	N/A	N/A	N/A	N/A

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
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+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
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	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

HMLA Balance Sheet

Metric	FY23	FY22	FY21	FY14	FY13	FY12
Total Assets	$35K-89.7%	$337K+759.4%	$39K-70.2%	$131K-86.4%	$966K+17.2%	$824K
Current Assets	$235-97.4%	$9K-68.2%	$29K-66.7%	$86K+183.7%	$30K-70.5%	$103K
Cash & Equivalents	$235-97.4%	$9K-68.2%	$29K+310.4%	$7K+60.8%	$4K-95.2%	$90K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	$5K-75.0%	$20K+185.7%	$7K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$933K-18.9%	$1.2M+9.0%	$1.1M+90.0%	$556K-60.9%	$1.4M+37.1%	$1.0M
Current Liabilities	$933K-18.9%	$1.2M	N/A	$551K-61.1%	$1.4M+37.2%	$1.0M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$899K-10.3%	-$815K+19.9%	-$1.0M-139.6%	-$424K+6.9%	-$456K-113.7%	-$213K
Retained Earnings	-$8.7M-6.0%	-$8.2M-4.8%	-$7.9M-22.0%	-$6.4M-1214.1%	-$490K-220.9%	-$153K

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
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	N/A	N/A	N/A	N/A	N/A
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
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
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

HMLA Cash Flow Statement

Metric	FY23	FY22	FY21	FY14	FY13	FY12
Operating Cash Flow	-$63K-114.2%	-$29K-2.5%	-$29K+3.3%	-$30K+42.3%	-$51K-149.4%	$104K
Capital Expenditures	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
Investing Cash Flow	-$6K-3.4%	-$6K	N/A	N/A	-$157K-504.6%	-$26K
Financing Cash Flow	$65K+511.5%	$11K-81.4%	$57K	N/A	$71K	$0
Dividends Paid	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

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
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	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
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	FY23	FY22	FY21	FY14	FY13	FY12
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	-19048.7%	N/A	N/A	N/A	N/A
Net Margin	N/A	-13135.9%	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	-58.5%-142.3pp	83.8%	N/A	-34.6%-20.9pp	-13.7%
Current Ratio	0.000.0	0.01	N/A	0.16+0.1	0.02-0.1	0.10
Debt-to-Equity	-1.04+0.4	-1.41-0.4	-1.04+0.3	-1.31+1.8	-3.12+1.7	-4.86
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
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	-5447.8%	N/A
Net Margin	N/A	N/A	-6767.5%	N/A	N/A	N/A	-12222.9%	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	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	0.000.0	0.010.0	0.000.0	0.000.0	0.000.0	0.000.0	0.010.0	0.00
Debt-to-Equity	-1.12+0.1	-1.25-0.2	-1.040.0	-1.03+0.2	-1.26+0.1	-1.32+0.1	-1.41+0.1	-1.47
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.

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 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.