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HCDI - Harbor Custom Development, Inc.

NASDAQ -> Real Estate -> Real Estate—Development
Gig Harbor, United States
Type: Equity

HCDI price evolution
HCDI
(in millions $) 30 Sep 2023 30 Jun 2023 31 Mar 2023 31 Dec 2022
Current assets
Cash $8.65 $8.93 $8.29 $10.26
Short term investments
Net receivables $0.18 $0.82 $1.24 $1.71
Inventory
Total current assets $10.1 $11.21 $11.38 $16.69
Long term investments
Property, plant & equipment $212.33 $215.66 $221.66 $209.69
Goodwill & intangible assets
Total noncurrent assets
Total investments $1.06 $2.12 $2.39 $4.53
Total assets $223.98 $236.9 $241.97 $236.17
Current liabilities
Accounts payable $7.53 $8.14 $13.78 $14.09
Deferred revenue $0.37 $0.43 $0.82 $0.55
Short long term debt
Total current liabilities $157 $146.43 $149.14 $135.17
Long term debt $15.2 $18.43 $23.13 $24.89
Total noncurrent liabilities
Total debt $158.92 $152.91 $156.59 $145.34
Total liabilities $172.53 $165.29 $173.09 $160.61
Shareholders' equity
Retained earnings -$57.55 -$37.37 -$31.09 -$24.33
Other shareholder equity
Total shareholder equity $51.45 $71.61 $68.87 $75.56
(in millions $) 31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Current assets
Cash $10.26 $26.23 $2.4 $0.43
Short term investments
Net receivables $1.71 $1.11 $0.08 $0.01
Inventory
Total current assets $16.69 $29.52 $4.13 $0.56
Long term investments
Property, plant & equipment $209.69 $134.77 $9.05 $6.2
Goodwill & intangible assets
Total noncurrent assets $29.49 $31.2
Total investments $4.53 $2
Total assets $236.17 $169.7 $33.62 $32.21
Current liabilities
Accounts payable $14.09 $10.66 $2.7 $3.78
Deferred revenue $0.55 $0.04 $0.9 $0.07
Short long term debt
Total current liabilities $135.17 $65.09 $2.7 $3.78
Long term debt $24.89 $4.83 $21.77 $27.5
Total noncurrent liabilities $24.5 $29.21
Total debt $145.34 $58.58 $23.61 $29.59
Total liabilities $160.61 $69.96 $27.2 $33.44
Shareholders' equity
Retained earnings -$24.33 $1.65 -$4.49 -$0.95
Other shareholder equity -$1.29 -$1.06
Total shareholder equity $75.56 $101.03 $7.7 -$0.16
(in millions $) 30 Sep 2023 30 Jun 2023 31 Mar 2023 31 Dec 2022
Revenue
Total revenue $5.54 $19.84 $9.18 $4.8
Cost of revenue $13.79 $22.76 $11.23 $9.81
Gross Profit -$8.25 -$2.92 -$2.04 -$5.01
Operating activities
Research & development
Selling, general & administrative $2.39 $2.38 $2.94 $4.22
Total operating expenses $2.39 $2.38 $2.94 $4.22
Operating income -$10.64 -$5.3 -$4.98 -$9.23
Income from continuing operations
EBIT -$10.61 -$5.22 -$4.93 -$12.45
Income tax expense $7.24 -$1.37 -$1.28 -$2.52
Interest expense $0.42 $0.53 $1.21 $0.71
Net income
Net income -$18.27 -$4.38 -$4.86 -$10.64
Income (for common shares) -$20.18 -$6.28 -$6.77 -$12.55
(in millions $) 31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Revenue
Total revenue $55.41 $72.35 $50.4 $30.95
Cost of revenue $55.87 $50.42 $48.39 $27.65
Gross Profit -$0.45 $21.93 $2 $3.31
Operating activities
Research & development
Selling, general & administrative $16.24 $11.15 $5.49 $3.47
Total operating expenses $16.24 $11.15 $5.49 $3.47
Operating income -$16.69 $10.78 -$3.49 -$0.16
Income from continuing operations
EBIT -$19.62 $10.87 -$3.03 -$0.04
Income tax expense -$4.46 $1.77 $0.12 -$0.63
Interest expense $1.76 $0.25 $0.38 $0.36
Net income
Net income -$16.92 $8.86 -$3.53 $0.24
Income (for common shares) -$24.68 $6.13 -$3.53 $0.24
(in millions $) 30 Sep 2023 30 Jun 2023 31 Mar 2023 31 Dec 2022
Net income -$18.27 -$4.38 -$4.86 -$10.64
Operating activities
Depreciation $0.12 $0.14 $0.14 $0.49
Business acquisitions & disposals
Stock-based compensation $0.02 $0.08 $0.08 $0.04
Total cash flows from operations -$5.46 -$3.66 -$11.63 -$25.69
Investing activities
Capital expenditures -$0.01 $0.13 $0.13 $4.08
Investments
Total cash flows from investing -$0.01 $0.13 $0.13 $4.08
Financing activities
Dividends paid
Sale and purchase of stock $0 $8.94 -$0
Net borrowings $5.19 -$4.76 $10.16 $19.47
Total cash flows from financing $5.19 $4.17 $9.53 $17.56
Effect of exchange rate
Change in cash and equivalents -$0.28 $0.64 -$1.98 -$4.04
(in millions $) 31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Net income -$16.92 $8.86 -$3.53 $0.24
Operating activities
Depreciation $1.95 $1.47 $0.88 $0.58
Business acquisitions & disposals
Stock-based compensation $0.52 $0.5 $0.12 $0.01
Total cash flows from operations -$93.87 -$86.42 $3.02 -$3.18
Investing activities
Capital expenditures $2.47 -$0.68 $0.58 -$0.4
Investments
Total cash flows from investing $2.47 -$0.68 $0.58 -$0.4
Financing activities
Dividends paid -$2.05
Sale and purchase of stock -$0.02 $20.12 $10.79
Net borrowings $83.25 $26.23 -$12.35 $5.57
Total cash flows from financing $75.44 $110.93 -$1.63 $3.8
Effect of exchange rate
Change in cash and equivalents -$15.96 $23.83 $1.97 $0.21
Fundamentals
Market cap $138.46K
Enterprise value $150.41M
Shares outstanding 2.30M
Revenue $39.36M
EBITDA -$32.33M
EBIT -$33.22M
Net Income -$38.16M
Revenue Q/Q -52.88%
Revenue Y/Y -48.85%
P/E ratio -0.00
EV/Sales 3.82
EV/EBITDA -4.65
EV/EBIT -4.53
P/S ratio 0.00
P/B ratio 0.00
Book/Share 22.37
Cash/Share 3.76
EPS -$16.59
ROA -16.25%
ROE -57.06%
Debt/Equity 2.13
Net debt/EBITDA -5.07
Current ratio 0.06
Quick ratio 0.06