HARBOR DIVERSIFIED, INC.
Industrials · Air Transportation, Scheduled · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|---|---|
| Revenue | $202.4M | $199.2M | $280.9M | $247.6M | $185.9M | $263.6M |
| Operating income | −$24.2M | −$36.9M | $55.9M | $105.2M | $43.4M | −$20.9M |
| Net income | −$17.2M | −$16.0M | $39.1M | $92.6M | $39.8M | −$19.2M |
| Total assets | $204.4M | $236.3M | $382.6M | $399.4M | $350.5M | $272.6M |
| Total liabilities | — | $121.0M | $167.1M | — | — | — |
| Equity | $158.8M | $176.6M | $231.2M | $205.6M | $116.5M | $77.5M |
| EPS (diluted) | $-0.36 | $-0.39 | $0.61 | $1.29 | $0.56 | $-0.35 |
| Shares out. | 58.5M | 44.8M | 47.2M | 54.9M | 54.9M | 54.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- −12.0%
- Net margin
- −8.5%
- Return on equity
- −10.8%
- Return on assets
- −8.4%
- Return on capital (ROCE)
- −14.2%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $2.71
- Revenue growth (YoY)
- 1.6%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2024- Accruals / assets
- −14.9%clean
- Piotroski F-Score
- 4/8mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 2 warning● 3 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 18, 2026
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2026
- NT 10-Qmissed a reporting deadline ↗Dec 10, 2025
- NT 10-Qmissed a reporting deadline ↗Sep 3, 2025
- NT 10-Qmissed a reporting deadline ↗May 16, 2025
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2025
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Director / officer change · Other material eventJan 16, 2026
- Shareholder voteDec 31, 2025
- Entered a material agreement · Item 5.08Dec 18, 2025
- Entered a material agreement · Costs from exit or disposal · Director / officer changeSep 3, 2025
- Terminated a material agreement · Other material eventJan 10, 2025
- Entered a material agreementDec 5, 2024
- Shareholder voteOct 25, 2024
- Prior financials not reliable (restatement)Mar 29, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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