A company still losing money with growing sales. Institutions are adding.
Going well
Sales up 93% last year
Watch out for
Losing money, losses are large next to sales
Bills due within a year exceed short-term assets
Money moves
No insider buying or selling in the last 30 days
Institutions added 177% to their holdings in the quarter ending June 2026 (7 bought, 1 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$1.90+4.4% that day
Company value
$111M
Share price times all shares
Price vs sales
2.0x
No profit over the last year, so this compares value with sales instead
Cash vs value
17%
Cash as a share of company value
From HMR's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
What the price assumes
Your guesses, our math
Move the sliders to your own view of HMR. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$71M
Profit in 5 years$7M
Price these guesses point to$1.83-3.7% vs $1.90 todayAbout -0.7% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 5.8% a year for 5 years just to match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
0/2Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-156.0%
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-40.4%
Revenue
$55.9M
+92.9% vs prior year
Current ratio
0.94x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: debt under half of equity, profitable every year, free cash flow positive, share count not growing, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
0.2
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+176.8%
Institutions added 176.8% to their holdings. 7 bought, 1 sold.
Shares held by institutions193K
Sep '24Jun '26
Safety check
From SEC filings
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
Total liabilities $61.4M
Shares outstandingLatest reported
58M
Why moderate risk
Losing money, losses are large next to sales
Bills due within a year exceed short-term assets
Earnings reports
Last 0
Next reportNot enough history
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.