Himalaya Shipping Ltd. HSHP
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No price or market cap here: this company files no 10-K, so the only share count SEC publishes for it counts its ordinary shares in its home market, while its US listing is a depositary receipt standing for some number of them. That number is in no filing, so a price multiplied by that count is not this company's value and is not shown. The financial statements below are as filed.
Valuation FY2025 figures against the last close
P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS0.38
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $131.9M | $123.6M | $36.7M | $0 | — | — |
| Cost of revenue | $28.0M | $23.8M | $8.6M | $0 | — | — |
| Gross profit | $103.9M | $99.8M | $28.1M | $0 | — | — |
| SG&A | $4.9M | $5.0M | $3.8M | $2.0M | — | — |
| Total operating expenses | $63.7M | $56.9M | $22.1M | $2.0M | — | — |
| Operating income | $68.2M | $66.7M | $14.6M | -$2.0M | — | — |
| Interest expense | $51.4M | $46.6M | $13.6M | $0 | — | — |
| Pre-tax income | $17.7M | $21.1M | $1.5M | -$2.0M | — | — |
| Income tax | $0 | $0 | $0 | $0 | — | — |
| Net income | $17.7M | $21.1M | $1.5M | -$2.0M | — | — |
| EPS, basic | 0.38 | 0.48 | 0.04 | -0.06 | — | — |
| EPS, diluted | 0.38 | 0.48 | 0.04 | -0.06 | — | — |
| Shares, diluted (wtd. avg.) | $46.0M | $43.9M | $38.6M | $32.2M | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and equivalents | $32.4M | $19.4M | $25.5M | $300.0K | $11.3M | $0 |
| Receivables | $700.0K | $1.2M | $811.0K | $0 | — | — |
| Inventory | $1.7M | $1.5M | $634.0K | $0 | — | — |
| Total current assets | $39.7M | $26.8M | $32.8M | $1.7M | — | — |
| Property, plant and equipment | $823.8M | $853.0M | — | — | — | — |
| Total assets | $863.9M | $880.1M | $599.2M | $177.8M | — | — |
| Accounts payable | $1.3M | $800.0K | $1.7M | $14.9M | — | — |
| Short-term debt | $23.6M | $24.3M | $19.8M | $7.0M | — | — |
| Total current liabilities | $36.6M | $35.8M | $25.3M | $26.1M | — | — |
| Long-term debt | $665.6M | $689.6M | $419.7M | $60.4M | — | — |
| Total liabilities | $702.2M | $725.4M | $445.0M | $87.5M | — | — |
| Retained earnings | $37.3M | $19.6M | -$1.5M | -$3.0M | — | — |
| Total equity | $161.7M | $154.7M | $154.2M | $90.4M | $91.9M | $10.0K |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | $51.7M | $55.9M | $6.4M | -$1.4M | — | — |
| Depreciation and amortisation | $29.2M | $26.5M | $9.1M | $0 | — | — |
| Stock-based compensation | $200.0K | $500.0K | $500.0K | $401.0K | — | — |
| Investing cash flow | $0 | -$313.4M | -$413.0M | -$78.2M | — | — |
| Financing cash flow | -$38.7M | $251.4M | $431.8M | $68.6M | — | — |
| Dividends paid | $26.9M | $20.6M | $0 | $0 | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001959455-26-000024.
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