Heidmar Maritime Holdings Corp. ( (HMR) ) has released its Q2 earnings. Here is a breakdown of the information Heidmar Maritime Holdings Corp. presented to its investors.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Heidmar Maritime Holdings Corp. is a commercial and pool management company based in Athens, specializing in the crude and product tanker market, and is expanding into container vessel ownership.
In its second quarter of 2025, Heidmar reported a total net revenue of $9.6 million, marking a 23% increase from the previous year. Despite this revenue growth, the company recorded a net loss attributable to shareholders of $0.1 million. However, when adjusted for non-cash stock-based compensation, the company achieved a net income of $0.5 million.
Key highlights from the quarter include the acquisition of the C/V A. Obelix, a feeder container vessel, and the commencement of operations for the PSV ACE Supplier. The acquisition is expected to generate significant EBITDA over its charter period. Additionally, Heidmar secured a term loan facility to partially fund this acquisition and completed the sale of its non-core Americana Liberty LLC business.
Looking forward, Heidmar remains focused on scaling its maritime services and project development business lines. The company is actively evaluating new vessel investment opportunities to drive long-term value creation, despite the challenges posed by market uncertainties.