HGHAF Stock Financial Analysis - High Arctic Energy Services Inc (OTCPK) Stock

Overview

High Arctic Energy Services Inc, based in Canada, is a prominent provider in the energy services sector, specializing in drilling and production services predominantly for the oil and gas industry. The company operates mainly in Canada and Papua New Guinea, offering a suite of services including well servicing, snubbing services, nitrogen, and equipment rentals. Key projects often involve intricate drilling operations, well maintenance, and support services tailored to enhance operational efficiency and safety for major oil and gas operators. Over the years, High Arctic Energy Services Inc has established a reputation for utilizing advanced technology and maintaining high safety standards, which facilitates its ability to undertake complex and demanding projects in diverse environments.

Quality, Value, Momentum Scores

This card shows the Quality, Value, and Momentum scores for the company

Quality

The QualityScore is a proprietary scoring model that identifies high quality companies, based on cash generating efficiencies.

Value

Proprietary scoring model that ranks companies based on their relative valuation. Scores range from 0 to 100, with 100 being the most undervalued.

Momentum

Proprietary scoring model that ranks companies on their six-month momentum.

Fund Sentiment

The Fund Sentiment (fka Ownership) score is a proprietary quantitative model that ranks companies based on levels of ownership accumulation.

QVM

The QVM Score is a proprietary scoring model that combines Quality, Value, and Momentum into a single metric that ranks companies from 0 to 100.

Income Statement: Revenue, Operating Income, Net Income

The revenue for High Arctic Energy Services Inc as of June 30, 2025 is 9.68 MM.
The operating income for High Arctic Energy Services Inc as of June 30, 2025 is -0.91 MM.
The net income for High Arctic Energy Services Inc as of June 30, 2025 is 26.09 MM.

Period End (TTM)	Revenue (MM)	Operating Income (MM)	Net Income (MM)
2025-06-30	9.68	-0.91	26.09
2025-03-31	9.82	-2.02	24.69
2024-12-31	10.47	-2.96	28.31
2024-09-30	9.06	-3.73	31.77
2024-06-30	7.57	-5.05	-10.61
2024-03-31	5.70	-5.08	-9.01
2023-12-31	3.38	-5.05	-13.14
2023-09-30	14.44	-11.88	-24.99
2023-06-30	25.55	-12.87	-14.37
2023-03-31	49.34	-14.45	-34.54
2022-12-31	77.37	-16.23	-36.58
2022-09-30	88.92	-15.72	-32.09
2022-06-30	95.44	-18.01	-32.33
2022-03-31	87.37	-19.14	-16.08
2021-12-31	76.44	-22.46	-18.61
2021-09-30	69.38	-27.72	-25.59
2021-06-30	69.26	-33.84	-26.89
2021-03-31	69.00	-35.97	-28.98
2020-12-31	90.83	-33.73	-25.98
2020-09-30	117.05	-24.75	-17.09
2020-06-30
2020-03-31

Income Statement: EPS

Period End (TTM)	Earnings Per Share Basic	Earnings Per Share Diluted
2025-06-30
2025-03-31
2024-12-31
2024-09-30	2.58	2.59
2024-06-30	-0.87	-0.89
2024-03-31	-0.73	-0.73
2023-12-31	-1.08
2023-09-30	-2.05	-2.06
2023-06-30	-1.18	-1.16
2023-03-31	-2.84	-2.82
2022-12-31	-3.00
2022-09-30	-2.63	-2.63
2022-06-30	-2.65	-2.65
2022-03-31	-1.32	-1.32
2021-12-31	-1.53
2021-09-30	-2.10	-2.10
2021-06-30	-2.19	-2.19
2021-03-31	-2.35	-2.35
2020-12-31	-2.10
2020-09-30	-1.38	-1.38
2020-06-30	-0.98	-0.97
2020-03-31	-0.80	-0.80

Cash Flow: Operations, Investing, Financing

The cash from operating activities for High Arctic Energy Services Inc as of June 30, 2025 is 3.92 MM.
The cash from investing activities for High Arctic Energy Services Inc as of June 30, 2025 is -22.37 MM.
The cash from financing activities for High Arctic Energy Services Inc as of June 30, 2025 is -38.79 MM.

Period End (TTM)	Cash From Operating Activities (MM)	Cash From Investing Activities (MM)	Cash From Financing Activities (MM)
2025-06-30	3.92	-22.37	-38.79
2025-03-31	6.87	-21.88	-38.90
2024-12-31	14.27	-23.09	-39.10
2024-09-30	21.58	-26.67	-38.01
2024-06-30	20.65	-4.33	-2.06
2024-03-31	18.28	-4.61	-3.31
2023-12-31	11.22	24.21	-3.93
2023-09-30	4.22	27.44	-8.53
2023-06-30	2.77	35.61	-7.90
2023-03-31	7.94	34.84	-7.18
2022-12-31	7.86	6.65	-6.74
2022-09-30	3.89	3.99	-4.30
2022-06-30	3.69	-6.87	-3.91
2022-03-31	-0.41	-6.08	-3.50
2021-12-31	-1.80	-5.57	-13.39
2021-09-30	4.06	-3.70	-12.61
2021-06-30	4.52	-2.20	-12.74
2021-03-31	10.47	-2.91	-12.91
2020-12-31	20.15	-1.10	4.60
2020-09-30	18.96	-1.25	3.51
2020-06-30
2020-03-31

Valuation Metrics : PE, PriceToBook, PriceToTBV

P/Book: The current closing price divided by the book value per share.

P/TBV: The current price divided by the tangible book value per share.

Period End (TTM)	p/e	P/Book	P/TBV
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31
2020-12-31
2020-09-30
2020-06-30
2020-03-31

Valuation Metrics : EBitToEv, EBit3YrAvgToEv

Period End (TTM)	EBIT/EV	EBIT (3y)/EV
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31
2020-12-31
2020-09-30
2020-06-30
2020-03-31

Management Effectiveness

The roa for High Arctic Energy Services Inc as of June 30, 2025 is 0.20.
The roe for High Arctic Energy Services Inc as of June 30, 2025 is 0.38.
The roic for High Arctic Energy Services Inc as of June 30, 2025 is 0.95.
The croic for High Arctic Energy Services Inc as of June 30, 2025 is -2.08.
The ocroic for High Arctic Energy Services Inc as of June 30, 2025 is 0.27.

Period End (TTM)	ROA	ROE	ROIC	CROIC	OCROIC
2025-06-30	0.20	0.38	0.95	-2.08	0.27
2025-03-31	0.25	0.31	1.14	-1.53	0.77
2024-12-31	0.26	0.32	1.14	-1.53	0.77
2024-09-30	-0.09	-0.09	-0.10	0.14	0.19
2024-06-30		-0.08
2024-03-31		-0.11
2023-12-31			-0.22	0.21
2023-09-30			-0.13	0.27
2023-06-30		-0.11
2023-03-31		-0.24
2022-12-31
2022-09-30		0.00
2022-06-30		0.00	0.00
2022-03-31		0.00
2021-12-31		-0.10
2021-09-30	-0.11	-0.13
2021-06-30	-0.11		-0.14	-0.06	0.02
2021-03-31	-0.11	-0.14	-0.14	-0.04	0.05
2020-12-31	-0.10	-0.13	-0.13	0.11	0.10
2020-09-30	-0.07	-0.08	-0.08	0.09	0.09
2020-06-30	-0.05	-0.06	-0.05	0.09	0.09
2020-03-31	-0.04	-0.04	-0.04	0.02	0.09

Gross Margins

The gross margin for High Arctic Energy Services Inc as of June 30, 2025 is 0.46.
The net margin for High Arctic Energy Services Inc as of June 30, 2025 is 2.51.
The operating margin for High Arctic Energy Services Inc as of June 30, 2025 is -0.21.

Gross Margin: The Gross Margin is the ratio of revenue left after substracting the Cost of Goods Sold. It is calculated as 1.0 - (Revenue - COGS ) / Revenue.

Net Margin: The Net Margin (aka Profit Margin) is the ratio of revenue left after substracting the Net Income. It is calculated as Net Income / Revenue.

Operating Margin: The Operaing Margin is the ratio of revenue left after substracting the Operating Income. It is calculated as Operating Income / Revenue.

Period End (TTM)	Gross Margin	Net Margin	Operating Margin
2025-06-30	0.46	2.51	-0.21
2025-03-31	0.48	2.70	0.04
2024-12-31	0.48	0.47	0.04
2024-09-30	0.48	-0.16	0.02
2024-06-30
2024-03-31
2023-12-31
2023-09-30		-0.27	-0.22
2023-06-30		-0.27	-0.22
2023-03-31		-0.57	-0.26
2022-12-31
2022-09-30		0.00	0.00
2022-06-30		0.00	0.00
2022-03-31
2021-12-31
2021-09-30
2021-06-30	0.26	-0.39	-0.38
2021-03-31	0.27	-0.42	-0.41
2020-12-31	0.28	-0.29	-0.29
2020-09-30	0.25	-0.15	-0.16
2020-06-30	0.26	-0.08	-0.10
2020-03-31	0.26	-0.06	-0.06