Financial Snapshot

Revenue
$199.2M
TTM
Gross Margin
58.29%
TTM
Net Earnings
-$16.40M
TTM
Current Assets
Q4 2023
Current Liabilities
Q4 2023
Current Ratio
440.43%
Q4 2023
Total Assets
Q4 2023
Total Liabilities
$46.46M
Q4 2023
Book Value
$189.8M
Q4 2023
Cash
Q4 2023
P/E
-3.391
Nov 27, 2024 EST
Free Cash Flow
-$16.51M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Revenue $199.2M $280.9M $247.6M $7.307M $263.6M $240.6M $146.0K $0.00 $0.00 $0.00 $645.0K $440.0K $60.00K $60.00K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -29.07% 13.44% 3288.24% -97.23% 9.56% -100.0% 46.59% 633.33% 0.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Revenue $199.2M $280.9M $247.6M $7.307M $263.6M $240.6M $146.0K $0.00 $0.00 $0.00 $645.0K $440.0K $60.00K $60.00K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Cost Of Revenue $83.17M $82.26M $69.92M $53.88M $105.0M $108.3M
Gross Profit $116.0M $198.6M $177.7M $132.1M $158.6M $132.3M
Gross Profit Margin 58.25% 70.71% 71.76% 1807.4% 60.17% 54.97%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Selling, General & Admin $127.9M $116.4M $112.3M $103.7M $134.9M $134.6M $2.102M $2.771M $5.140M $6.537M $8.150M $9.640M $9.410M $6.790M $7.330M $4.790M $5.090M $4.160M $11.94M $3.580M $2.040M $160.0K $70.00K
YoY Change 9.87% 3.7% 8.27% -23.13% 0.19% -24.14% -46.09% -21.37% -19.79% -15.46% 2.44% 38.59% -7.37% 53.03% -5.89% 22.36% -65.16% 233.52% 75.49% 1175.0% 128.57%
% of Gross Profit 110.23% 58.62% 63.19% 78.51% 85.04% 101.78%
Research & Development $1.867M $3.759M $10.56M $16.07M $18.32M $23.76M $18.71M $18.92M $10.76M $13.08M $11.87M $17.93M $5.730M $2.780M $3.490M $200.0K $500.0K
YoY Change -50.33% -64.39% -34.32% -12.28% -22.9% 26.99% -1.11% 75.84% -17.74% 10.19% -33.8% 212.91% 106.12% -20.34% 1645.0% -60.0%
% of Gross Profit
Depreciation & Amortization $25.52M $26.33M $26.55M $27.22M $25.24M $22.15M $2.000K $21.00K $208.0K $315.0K $309.0K $290.0K $300.0K $220.0K $120.0K $120.0K $130.0K $110.0K $70.00K $20.00K $10.00K $0.00 $0.00
YoY Change -3.05% -0.85% -2.46% 7.86% 13.97% -90.48% -89.9% -33.97% 1.94% 6.55% -3.33% 36.36% 83.33% 0.0% -7.69% 18.18% 57.14% 250.0% 100.0%
% of Gross Profit 22.0% 13.26% 14.95% 20.61% 15.91% 16.74%
Operating Expenses $236.1M $225.0M $138.8M $142.6M $284.5M $265.1M $3.969M $6.530M $15.70M $22.61M $26.47M $33.41M $28.12M $25.70M $18.09M $17.87M $16.96M $22.09M $17.67M $6.350M $5.530M $160.0K $70.00K
YoY Change 4.92% 62.09% -2.66% -49.87% 7.3% -39.22% -58.39% -30.57% -14.59% -20.78% 18.81% 9.42% 42.07% 1.23% 5.37% -23.22% 25.01% 178.27% 14.83% 3356.25% 128.57%
Operating Profit -$36.87M $55.87M $38.85M $43.35M -$20.86M -$24.50M
YoY Change -166.0% 43.79% -10.37% -307.79% -14.84%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Interest Expense $15.00K $3.000K $19.00K $1.736M $1.806M $13.45M $6.000K $16.00K $138.0K $1.048M $2.781M $2.740M $1.620M $920.0K -$7.580M $390.0K $1.200M $2.580M $2.350M $930.0K $280.0K $350.0K $220.0K
YoY Change 400.0% -84.21% -98.91% -3.88% -86.57% -62.5% -88.41% -86.83% -62.32% 1.5% 69.14% 76.09% -112.14% -2043.59% -67.5% -53.49% 9.79% 152.69% 232.14% -20.0% 59.09%
% of Operating Profit 0.01% 0.05% 4.0%
Other Income/Expense, Net $17.52M -$1.763M $2.496M -$1.127M $1.970M $14.40M $0.00 $0.00 $0.00 $0.00
YoY Change -1093.82% -170.63% -321.47% -157.21% -86.32%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Pretax Income -$19.35M $54.10M $118.0M $42.22M -$18.89M $176.2M -$3.803M -$6.597M -$15.63M -$21.57M -$23.12M -$30.23M -$29.44M -$24.76M -$25.67M -$17.50M -$15.76M -$19.52M -$15.32M -$5.430M -$5.250M $190.0K $150.0K
YoY Change -135.77% -54.17% 179.58% -323.5% -110.72% -42.35% -57.78% -27.54% -6.73% -23.52% 2.68% 18.9% -3.54% 46.69% 11.04% -19.26% 27.42% 182.14% 3.43% -2863.16% 26.67%
Income Tax -$3.365M $14.99M $25.42M $2.460M $322.0K -$5.124M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $70.00K $50.00K
% Of Pretax Income 27.71% 21.53% 5.83% -2.91% 36.84% 33.33%
Net Earnings -$15.99M $39.11M $92.63M $39.76M -$19.21M $181.3M -$3.803M -$6.597M -$15.63M -$21.57M -$23.12M -$30.23M -$29.44M -$24.76M -$25.67M -$17.50M -$15.76M -$19.52M -$15.32M -$5.430M -$5.250M $110.0K $100.0K
YoY Change -140.87% -57.78% 132.95% -306.95% -110.6% -42.35% -57.78% -27.54% -6.73% -23.52% 2.68% 18.9% -3.54% 46.69% 11.04% -19.26% 27.42% 182.14% 3.43% -4872.73% 10.0%
Net Earnings / Revenue -8.02% 13.92% 37.41% 544.18% -7.29% 75.36% -2604.79% -3584.65% -6870.45% -49066.67% -41266.67%
Basic Earnings Per Share -$0.39 $0.83 $1.69 $0.71 -$0.35 $3.30
Diluted Earnings Per Share -$0.39 $0.61 $1.300M $0.56 -$0.35 $3.27 -$107.3K -$201.1K -$533.0K -$742.1K -$798.5K -$1.203M -$1.462M -$1.285M -$1.669M -$1.353M -$1.353M -$1.737M -$1.411M -$691.7K -$848.1K $132.5K $163.9K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Cash & Short-Term Investments $113.5M $187.2M $175.5M $130.4M $69.45M $60.26M $1.470M $5.923M $9.738M $24.15M $43.22M $67.14M $45.13M $61.99M $84.85M $13.09M $30.57M $34.30M $47.49M $24.19M $7.100M $6.690M $6.520M
YoY Change -39.34% 6.62% 34.64% 87.71% 15.26% -75.18% -39.18% -59.68% -44.11% -35.63% 48.77% -27.2% -26.94% 548.2% -57.18% -10.87% -27.77% 96.32% 240.7% 6.13% 2.61%
Cash & Equivalents $20.78M $33.33M $37.17M $130.4M $69.45M $60.26M $1.470M $5.923M $9.738M $24.15M $43.22M $67.14M $45.13M $61.99M $84.85M $13.09M $30.57M $34.30M $47.49M $24.19M $7.100M $150.0K $310.0K
Short-Term Investments $92.75M $153.8M $138.4M $6.550M $6.210M
Other Short-Term Assets $2.981M $4.724M $6.141M $3.563M $2.222M $32.15M $70.00K $128.0K $257.0K $269.0K $276.0K $230.0K $250.0K $220.0K $160.0K $210.0K $200.0K $130.0K $150.0K $40.00K $60.00K $200.0K
YoY Change -36.9% -23.07% 72.35% 60.35% -93.09% -45.31% -50.19% -4.46% -2.54% 20.0% -8.0% 13.64% 37.5% -23.81% 5.0% 53.85% -13.33% 275.0% -33.33% -70.0%
Inventory $4.810M $4.579M $5.200M $5.937M $7.819M $8.676M
Prepaid Expenses
Receivables $5.592M $59.79M $7.422M $7.977M $5.525M $9.514M $0.00 $0.00 $10.00K $0.00 $20.00K $0.00
Other Receivables $753.0K $0.00 $0.00 $0.00 $0.00 $0.00 $645.0K $0.00 $10.00K $10.00K $0.00 $0.00
Total Short-Term Assets $127.7M $256.3M $194.3M $147.9M $85.02M $110.6M $1.540M $6.052M $10.08M $24.42M $44.14M $67.37M $45.40M $62.22M $85.03M $13.30M $30.76M $34.42M $47.63M $24.43M $7.320M $6.690M $6.520M
YoY Change -50.18% 31.88% 31.42% 73.9% -23.13% -74.55% -39.94% -58.74% -44.67% -34.49% 48.39% -27.03% -26.83% 539.32% -56.76% -10.63% -27.73% 94.97% 233.74% 9.42% 2.61%
Property, Plant & Equipment $86.08M $115.7M $143.3M $158.0M $175.3M $158.4M $7.000K $44.00K $176.0K $641.0K $892.0K $1.050M $1.120M $960.0K $280.0K $400.0K $420.0K $420.0K $390.0K $90.00K $80.00K $0.00
YoY Change -25.63% -19.25% -9.26% -9.87% 10.65% -84.09% -75.0% -72.54% -28.14% -15.05% -6.25% 16.67% 242.86% -30.0% -4.76% 0.0% 7.69% 333.33% 12.5%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $4.275M $4.275M $4.275M $4.275M $4.275M $4.275M
YoY Change 0.0% 0.0% 0.0% 0.0% 0.0%
Other Assets $11.25M $1.077M $4.521M $2.049M $1.906M $1.833M $2.478M $0.00 $34.00K $95.00K $95.00K $100.0K $60.00K $60.00K $70.00K $0.00 $140.0K $0.00
YoY Change 944.1% -76.18% 120.64% 7.5% 3.98% -100.0% -64.21% 0.0% -5.0% 66.67% 0.0% -14.29%
Total Long-Term Assets $108.6M $126.4M $205.1M $202.6M $187.6M $171.1M $2.485M $44.00K $210.0K $736.0K $987.0K $1.140M $1.180M $1.020M $350.0K $680.0K $700.0K $680.0K $630.0K $90.00K $80.00K $140.0K $0.00
YoY Change -14.04% -38.38% 1.23% 7.99% 9.67% 5547.73% -79.05% -71.47% -25.43% -13.42% -3.39% 15.69% 191.43% -48.53% -2.86% 2.94% 7.94% 600.0% 12.5% -42.86%
Total Assets $236.3M $382.6M $399.4M $350.5M $272.6M $281.7M $4.025M $6.096M $10.29M $25.16M $45.12M $68.51M $46.58M $63.24M $85.38M $13.98M $31.46M $35.10M $48.26M $24.52M $7.400M $6.830M $6.520M
YoY Change
Accounts Payable $12.39M $20.17M $20.06M $11.77M $16.61M $25.08M $7.000K $201.0K $136.0K $323.0K $455.0K $630.0K $7.520M $5.010M $3.330M $2.950M $3.600M $2.640M $1.640M $0.00 $340.0K $700.0K
YoY Change -38.58% 0.52% 70.39% -29.11% -33.78% -96.52% 47.79% -57.89% -29.01% -27.78% -91.62% 50.1% 50.45% 12.88% -18.06% 36.36% 60.98% -100.0% -51.43%
Accrued Expenses $16.50M $18.22M $20.21M $16.47M $22.11M $17.17M $346.0K $1.005M $1.150M $1.629M $2.563M $6.110M $0.00 $160.0K $40.00K
YoY Change -9.43% -9.85% 22.71% -25.53% 28.79% -65.57% -12.61% -29.4% -36.44% -58.05% -100.0% 300.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $9.154M $5.880M $23.65M $12.85M $7.198M
YoY Change -100.0% 55.68% -75.14% 84.13% 78.45%
Total Short-Term Liabilities $28.99M $66.08M $90.04M $70.44M $60.12M $56.99M $2.853M $1.235M $1.286M $1.952M $3.018M $6.730M $7.710M $5.010M $3.330M $2.950M $3.600M $2.640M $1.640M $220.0K $470.0K $290.0K $90.00K
YoY Change -56.14% -26.61% 27.82% 17.17% 5.5% 131.01% -3.97% -34.12% -35.32% -55.16% -12.71% 53.89% 50.45% 12.88% -18.06% 36.36% 60.98% 645.45% -53.19% 62.07% 222.22%
Long-Term Debt $4.275M $56.34M $65.94M $98.46M $112.1M $113.2M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -92.41% -14.56% -33.02% -12.18% -0.93%
Other Long-Term Liabilities $11.22M $7.826M $23.97M $45.63M $20.28M $12.92M
YoY Change 43.33% -67.35% -47.46% 124.99% 56.97%
Total Long-Term Liabilities $15.49M $64.17M $89.92M $144.1M $132.4M $126.1M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -75.86% -28.63% -37.6% 8.83% 5.0%
Total Liabilities $46.46M $138.2M $180.6M $220.7M $195.1M $184.9M $2.853M $1.235M $1.286M $1.952M $3.018M $6.730M $7.710M $5.010M $3.330M $2.950M $3.600M $2.640M $1.640M $220.0K $470.0K $290.0K $90.00K
YoY Change -66.39% -23.47% -18.16% 13.13% 5.51% 131.01% -3.97% -34.12% -35.32% -55.16% -12.71% 53.89% 50.45% 12.88% -18.06% 36.36% 60.98% 645.45% -53.19% 62.07% 222.22%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Basic Shares Outstanding 44.04M shares 46.36K 54.32K 54.86M 54.86M 54.86M shares
Diluted Shares Outstanding 44.04M shares 62.96K 71.25K 71.20M 54.86M 55.42M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $55.608 Million

About HARBOR DIVERSIFIED, INC.

Harbor Diversified, Inc. is a development stage pharmaceutical company, which engages in the discovery, development, and commercialization of products for the treatment of diseases related to aging. The company is headquartered in Appleton, Wisconsin and currently employs 1,008 full-time employees. Its primary business consists of serving American Airlines, Inc. (American) and its customers through Air Wisconsin's provision of regional airline services. Air Wisconsin owns around 63 CRJ-200 regional jets, each of which is configured for single class seating. The CRJ-200 regional jet offers many of the capabilities and amenities of larger commercial jet aircraft, including flight attendant service and a stand-up cabin. The company is also the direct parent of three other subsidiaries: Lotus Aviation Leasing, LLC, which leases flight equipment to Air Wisconsin, Air Wisconsin Funding LLC, which provides flight equipment financing to Air Wisconsin, and Harbor Therapeutics, Inc., which is a non-operating entity with no material assets.

Industry: Air Transportation, Scheduled Peers: Wheels Up Experience Inc. Blade Air Mobility, Inc. HAWAIIAN HOLDINGS INC MESA AIR GROUP INC Sun Country Airlines Holdings, Inc. SKYWEST INC SOUTHWEST AIRLINES CO