TMD Energy Limited Financials
This page shows TMD Energy Limited (TMDE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 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).
Thin-margin operations left FY2024 liquidity dependent on external financing even as reported margins improved.
FY2024 looked better on the income statement, with gross margin at2.3% and operating margin at0.9% , implying cost absorption improved even without a high-margin cushion. Yet operating cash flow swung from$654K in FY2023 to-$24.3M , so the year’s higher cash balance was funded by financing rather than by those reported profits.
The reported debt-to-equity ratio near 0.03x looks modest, but it misses where the balance-sheet strain sits: total liabilities were about 5.1x equity in FY2024 and were overwhelmingly current. That combination matters because liquidity pressure is tied less to long-term borrowing and more to obligations that have to be managed inside the operating cycle, which can make cash needs feel sudden even when reported debt looks low.
The business also operates with very little room for error: net margin was only
Financial Health Signals
Scored against energy companies for FY2024. 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 TMD Energy Limited'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.
TMD Energy Limited scores 6.58, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
TMD Energy Limited passes 5 of 9 financial strength tests. 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, TMD Energy Limited generates $-12.94 in operating cash flow (-$24.3M OCF vs $1.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
TMD Energy Limited earns $1.3 in operating income for every $1 of interest expense ($6.0M vs $4.6M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
TMD Energy Limited generated $688.6M in revenue in fiscal year 2024. This represents an increase of 8.8% from the prior year.
TMD Energy Limited's EBITDA was $10.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 57.1% from the prior year.
TMD Energy Limited reported $1.9M in net income in fiscal year 2024. This represents a decrease of 5.9% from the prior year.
TMD Energy Limited earned $0.09 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 10.0% from the prior year.
Cash & Balance Sheet
TMD Energy Limited generated -$28.0M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 1023.9% from the prior year.
TMD Energy Limited held $16.1M in cash against $504K in long-term debt as of fiscal year 2024.
TMD Energy Limited had 20M shares outstanding in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Margins & Returns
TMD Energy Limited's gross margin was 2.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 0.4 percentage points from the prior year.
TMD Energy Limited's operating margin was 0.9% in fiscal year 2024, reflecting core business profitability. This is up 0.5 percentage points from the prior year.
TMD Energy Limited's net profit margin was 0.3% in fiscal year 2024, showing the share of revenue converted to profit. This is down 0.1 percentage points from the prior year.
TMD Energy Limited's ROE was 10.5% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 0.9 percentage points from the prior year.
Capital Allocation
TMD Energy Limited invested $3.8M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 19.1% from the prior year.
TMDE Income Statement
| Metric | Q2'25 | Q4'24 | Q4'23 |
|---|---|---|---|
| Revenue | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A |
TMDE Balance Sheet
| Metric | Q2'25 | Q4'24 | Q4'23 |
|---|---|---|---|
| Total Assets | $124.9M+13.5% | $110.1M+5.5% | $104.4M |
| Current Assets | $93.0M+19.5% | $77.9M+9.4% | $71.2M |
| Cash & Equivalents | $7.1M-56.1% | $16.1M+232.7% | $4.8M |
| Inventory | $7.6M-21.1% | $9.7M-38.9% | $15.8M |
| Accounts Receivable | $28.4M+39.6% | $20.3M-9.9% | $22.6M |
| Goodwill | N/A | N/A | $1K |
| Total Liabilities | $102.3M+12.5% | $91.0M+10.7% | $82.2M |
| Current Liabilities | $101.7M+12.5% | $90.4M+10.8% | $81.6M |
| Long-Term Debt | $525K+4.1% | $504K-8.8% | $553K |
| Total Equity | $21.6M+20.7% | $17.9M+2.5% | $17.4M |
| Retained Earnings | $8.3M-34.2% | $12.6M+71.4% | $7.3M |
TMDE Cash Flow Statement
| Metric | Q2'25 | Q4'24 | Q4'23 |
|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A |
TMDE Financial Ratios
| Metric | Q2'25 | Q4'24 | Q4'23 |
|---|---|---|---|
| Gross Margin | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A |
| Current Ratio | 0.91+0.1 | 0.86-0.0 | 0.87 |
| Debt-to-Equity | 0.020.0 | 0.030.0 | 0.03 |
| FCF Margin | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.86), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Frequently Asked Questions
What is TMD Energy Limited's annual revenue?
TMD Energy Limited (TMDE) reported $688.6M in total revenue for fiscal year 2024. This represents a 8.8% 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 TMD Energy Limited's revenue growing?
TMD Energy Limited (TMDE) revenue grew by 8.8% year-over-year, from $633.1M to $688.6M in fiscal year 2024.
Is TMD Energy Limited profitable?
Yes, TMD Energy Limited (TMDE) reported a net income of $1.9M in fiscal year 2024, with a net profit margin of 0.3%.
What is TMD Energy Limited's EBITDA?
TMD Energy Limited (TMDE) had EBITDA of $10.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does TMD Energy Limited have?
As of fiscal year 2024, TMD Energy Limited (TMDE) had $16.1M in cash and equivalents against $504K in long-term debt.
What is TMD Energy Limited's gross margin?
TMD Energy Limited (TMDE) had a gross margin of 2.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is TMD Energy Limited's operating margin?
TMD Energy Limited (TMDE) had an operating margin of 0.9% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is TMD Energy Limited's net profit margin?
TMD Energy Limited (TMDE) had a net profit margin of 0.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is TMD Energy Limited's return on equity (ROE)?
TMD Energy Limited (TMDE) has a return on equity of 10.5% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is TMD Energy Limited's free cash flow?
TMD Energy Limited (TMDE) generated -$28.0M in free cash flow during fiscal year 2024. This represents a -1023.9% 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 TMD Energy Limited's operating cash flow?
TMD Energy Limited (TMDE) generated -$24.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are TMD Energy Limited's total assets?
TMD Energy Limited (TMDE) had $110.1M in total assets as of fiscal year 2024, including both current and long-term assets.
What are TMD Energy Limited's capital expenditures?
TMD Energy Limited (TMDE) invested $3.8M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is TMD Energy Limited's current ratio?
TMD Energy Limited (TMDE) had a current ratio of 0.86 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is TMD Energy Limited's debt-to-equity ratio?
TMD Energy Limited (TMDE) had a debt-to-equity ratio of 0.03 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is TMD Energy Limited's return on assets (ROA)?
TMD Energy Limited (TMDE) had a return on assets of 1.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is TMD Energy Limited's cash runway?
Based on fiscal year 2024 data, TMD Energy Limited (TMDE) had $16.1M in cash against an annual operating cash burn of $24.3M. This gives an estimated cash runway of approximately 8 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 TMD Energy Limited's Altman Z-Score?
TMD Energy Limited (TMDE) has an Altman Z-Score of 6.58, placing it in the Safe Zone (low 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 TMD Energy Limited's Piotroski F-Score?
TMD Energy Limited (TMDE) has a Piotroski F-Score of 5 out of 9, indicating neutral 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are TMD Energy Limited's earnings high quality?
TMD Energy Limited (TMDE) has an earnings quality ratio of -12.94x, 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 TMD Energy Limited cover its interest payments?
TMD Energy Limited (TMDE) has an interest coverage ratio of 1.3x, 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.
How financially healthy is TMD Energy Limited?
TMD Energy Limited (TMDE) scores 51 out of 100 on our Financial Health Score, indicating moderate standing within its energy 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.