Heidmar Maritime Holdings Corp. (HMR) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 13, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the HMR SEC filings page.
Heidmar Maritime Holdings Corp. (HMR) reported $55.9M in revenue for fiscal year 2025, up 92.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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).
Sales rebounded sharply, but a heavier cost base and weaker capitalization turned growth into losses and tighter liquidity.
In FY2025, revenue reached$55.9M while the operating margin fell to-8.7% , showing that added volume did not cover the expanded expense base. Yet operating cash flow was$13.2M despite a net loss of$22.6M , meaning reported earnings and cash generation moved in opposite directions and the loss was not primarily a cash outflow in that period.
The balance sheet became materially more stretched: liabilities rose to
The business has not required heavy reinvestment to produce cash: FY2025 capital expenditures were only
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Heidmar Maritime Holdings Corp.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Heidmar Maritime Holdings Corp. has an operating margin of -8.7%, meaning the company loses $9 on every $100 of revenue. This results in a profitability score of 54/100. This is down from 14.1% the prior year.
Heidmar Maritime Holdings Corp.'s revenue surged 92.9% year-over-year to $55.9M, reflecting rapid business expansion. This strong growth earns a score of 56/100.
Heidmar Maritime Holdings Corp. has elevated debt relative to equity (D/E of 5.74), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 9/100, reflecting increased financial risk.
Heidmar Maritime Holdings Corp.'s current ratio of 0.94 is below the typical benchmark, resulting in a score of 16/100. However, the company holds substantial cash reserves (64% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.
Heidmar Maritime Holdings Corp. converts 23.6% of revenue into free cash flow ($13.2M). This strong cash generation earns a score of 89/100.
Heidmar Maritime Holdings Corp. posts a -210.7% return on equity (ROE), meaning it loses $211 for every $100 of shareholders' equity. This results in a returns score of 69/100. This is down from 10.5% the prior year.
Heidmar Maritime Holdings Corp. scores 1.21, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($106.2M) relative to total liabilities ($61.4M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Heidmar Maritime Holdings Corp. passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
Heidmar Maritime Holdings Corp. reported a net loss of $22.6M while generating $13.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Heidmar Maritime Holdings Corp. held $18.6M in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
HMR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
HMR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q2'256-K | Q4'2420-F | Q4'2310-K |
|---|---|---|---|---|
| Total Assets | $72.1M+89.2% | $72.6M | $38.1M-19.4% | $47.3M |
| Current Assets | $27.4M-9.5% | $26.1M | $30.3M-8.3% | $33.0M |
| Cash & Equivalents | $18.6M-6.9% | $11.3M | $20.0M+5.8% | $18.9M |
| Short-Term Investments | $0 | $0 | $0 | $0 |
| Inventory | $2K-99.6% | $1.4M | $612K-49.1% | $1.2M |
| Accounts Receivable | $1.2M | $3.8M | N/A | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 |
| Goodwill | $344K0.0% | $344K | $344K | N/A |
| Total Liabilities | $61.4M+208.6% | $59.8M | $19.9M-35.5% | $30.9M |
| Current Liabilities | $29.2M+48.8% | $23.1M | $19.6M-21.8% | $25.1M |
| Non-Current Liabilities | $32.2M+12071.2% | $36.7M | $265K-95.4% | $5.7M |
| Total Equity | $10.7M-41.2% | $12.8M | $18.2M+11.0% | $16.4M |
| Retained Earnings | -$17.9M-241.6% | -$15.1M | $12.6M+17.8% | $10.7M |
Not reported in any period shown, so not listed: Long-Term Debt.
HMR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
HMR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Note: The current ratio is below 1.0 (0.94), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Heidmar Maritime Holdings Corp. HMR | FY2025 | $55.9M | -$22.6M | -40.4% | $106.2M | 49/100 |
| Toro Corp. TORO | FY2025 | $21.1M | $5.9M | 28.1% | $152.4M | 32/100 |
| Vantage Corp VNTG | FY2026 | $17.8M | -$1.3M | -7.4% | $19.7M | 41/100 |
| Seanergy Maritime Holdings Corp. SHIP | FY2025 | $158.1M | $21.2M | 13.4% | $370.7M | 61/100 |
| Safe Bulkers, Inc Cumulative Re SB-PC | FY2025 | N/A | $38.6M | N/A | $175.0M | — |
| Safe Bulkers, Inc Perpetual Pre SB-PD | FY2025 | N/A | $38.6M | N/A | $173.9M | — |
Where Heidmar Maritime Holdings Corp. Ranks
Frequently Asked Questions
What is Heidmar Maritime Holdings Corp.'s annual revenue?
Heidmar Maritime Holdings Corp. (HMR) reported $55.9M in total revenue for fiscal year 2025. This represents a 92.9% 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 Heidmar Maritime Holdings Corp.'s revenue growing?
Heidmar Maritime Holdings Corp. (HMR) revenue grew by 92.9% year-over-year, from $28.9M to $55.9M in fiscal year 2025.
Is Heidmar Maritime Holdings Corp. profitable?
No, Heidmar Maritime Holdings Corp. (HMR) reported a net income of -$22.6M in fiscal year 2025, with a net profit margin of -40.4%.
What is Heidmar Maritime Holdings Corp.'s EBITDA?
Heidmar Maritime Holdings Corp. (HMR) had EBITDA of -$4.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Heidmar Maritime Holdings Corp.'s operating margin?
Heidmar Maritime Holdings Corp. (HMR) had an operating margin of -8.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Heidmar Maritime Holdings Corp.'s net profit margin?
Heidmar Maritime Holdings Corp. (HMR) had a net profit margin of -40.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Heidmar Maritime Holdings Corp. pay dividends?
Yes, Heidmar Maritime Holdings Corp. (HMR) paid $0.08 per share in dividends during fiscal year 2025.
What is Heidmar Maritime Holdings Corp.'s return on equity (ROE)?
Heidmar Maritime Holdings Corp. (HMR) has a return on equity of -210.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Heidmar Maritime Holdings Corp.'s free cash flow?
Heidmar Maritime Holdings Corp. (HMR) generated $13.2M in free cash flow during fiscal year 2025. This represents a 103.4% 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 Heidmar Maritime Holdings Corp.'s operating cash flow?
Heidmar Maritime Holdings Corp. (HMR) generated $13.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Heidmar Maritime Holdings Corp.'s total assets?
Heidmar Maritime Holdings Corp. (HMR) had $72.1M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Heidmar Maritime Holdings Corp.'s capital expenditures?
Heidmar Maritime Holdings Corp. (HMR) invested $930 in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Heidmar Maritime Holdings Corp.'s current ratio?
Heidmar Maritime Holdings Corp. (HMR) had a current ratio of 0.94 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Heidmar Maritime Holdings Corp.'s debt-to-equity ratio?
Heidmar Maritime Holdings Corp. (HMR) had a debt-to-equity ratio of 5.74 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Heidmar Maritime Holdings Corp.'s return on assets (ROA)?
Heidmar Maritime Holdings Corp. (HMR) had a return on assets of -31.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Heidmar Maritime Holdings Corp.'s P/E ratio?
Heidmar Maritime Holdings Corp. (HMR) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $106.2M as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Heidmar Maritime Holdings Corp.'s price-to-sales ratio?
Heidmar Maritime Holdings Corp. (HMR) trades at 1.9x sales, its market capitalization divided by revenue of $55.9M revenue, FY2025. The market capitalization is $106.2M as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Heidmar Maritime Holdings Corp.'s Altman Z-Score?
Heidmar Maritime Holdings Corp. (HMR) has an Altman Z-Score of 1.21, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Heidmar Maritime Holdings Corp.'s Piotroski F-Score?
Heidmar Maritime Holdings Corp. (HMR) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Heidmar Maritime Holdings Corp.'s earnings high quality?
Heidmar Maritime Holdings Corp. (HMR) reported a net loss of $22.6M while generating $13.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. 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 Heidmar Maritime Holdings Corp.?
Heidmar Maritime Holdings Corp. (HMR) scores 49 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.