Heidmar Maritime Holdings Corp. · NASDAQ:HMR
Heidmar Maritime — Q1 2026 Earnings Presentation
9 slides from Heidmar Maritime's earnings presentation, May 27, 2026
Slide 1: Heidmar Reports Results for the Quarter Ended March 31, 2026
HEIDMAR MARITIME HOLDINGS CORP. REPORTS RESULTS FOR THE QUARTER ENDED MARCH 31, 2026 Athens / New York, May 26, 2026 - Heidmar Maritime Holdings Corp. (the "Company" or "Heidmar") (NASDAQ: HMR) today reported its results for the quarter ended March 31, 2026. First Quarter 2026 Highlights • Total rev
Slide 2: Key quarterly highlights
Key quarterly highlights: Under the purchase agreement with B. Riley Principal Capital II LLC (BRPC II) announced in June 2025, the Company as of March 31, 2026, had issued and sold 260,628 shares at a gross average price of $1.27 per share, generating gross proceeds of approximately $330,940. Fleet
Slide 3: Management commentary (continued)
voyages, increases the number of vessels required to move the same volume of energy, and rewards owners and operators who can offer reliable, transparent, and flexible access to high-quality tonnage. Heidmar’s commercial and pool management platform, our long-standing customer relationships, and our
Slide 4: Conference Call details
Conference Call details: Our management team will host a conference call to discuss our financial results on May 27, 2026, at 09:00 a.m. Eastern Time (ET). Participants should dial into the call 10 minutes before the scheduled time using the following numbers: +1 877 405 1226 (US Toll-Free Dial In)
Slide 5: Forward-looking statements
records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond the Company’
Slide 6: Unaudited Condensed Consolidated Statements of Operations
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in U.S. dollars) Three months ended Three months ended March 31, 2026 March 31, 2025 Revenues: Trade Revenues 5,681,868 2,338,185 Voyage and time charter revenues 12,668,390 3,235,407 Revenues, net - 262,471 Total revenues 18,350,258 5,836,0
Slide 7: Unaudited Condensed Consolidated Balance Sheet Data
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEET DATA (in U.S. dollars) March 31, 2026 December 31, 2025 ASSETS Cash and cash equivalents 27,554,132 18,648,537 Other current assets 8,643,179 8,733,039 Other non-current assets 39,940,772 44,755,156 Total assets 76,138,083 72,136,732 LIABILITIES AND STO
Slide 8: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES Reconciliation of Net Income/ (Loss) to Adjusted EBITDA (unaudited) (in U.S. Dollars) Three months ended Three months ended March 31, 2026 March 31, 2025 Net income/ (loss) 2,784,690 (6,033,120) Interest and finance (income)/ cost, net (88,297) 272,259 19,328 Depreciation
Slide 9: Reconciliation of Net income/(loss) to Adjusted Net income
Reconciliation of Net income/ (loss) from continuing operations to Adjusted Net income (unaudited) (in U.S. Dollars) Three months ended Three months ended March 31, 2026 March 31, 2025 Net income/ (loss) 2,784,690 (6,033,120) Non-cash expense relating to fair value - 3,917,767 of the earnout shares
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