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High Arctic Overseas Holdings Corp. provides contract drilling, well completion, and other oilfield services in Papua New Guinea. The company supplies rental equipment, including rig matting, camps, and material handling and drilling support equipment; and provides manpower solutions. It serves customers in oil and natural gas industry. The company was incorporated in 2024 and is headquartered in Calgary, Canada.
Source: TradingView
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
High Arctic Overseas Holdings Corp. (HOH.V) is listed on the TSX Venture Exchange; publicly available disclosures provide little verifiable detail about its operations. Because material information on assets and strategy is absent, long-term growth drivers cannot be determined and investors should consult company filings. Potential attractiveness depends on future disclosures clarifying operations.
Principal risks include limited disclosure, low liquidity, potential shell status, and financing and governance uncertainty.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 3.90M | -10.47M | -4.15M | -5.97M |
| Net income | 2.86M | -8.62M | -4.96M | -5.02M |
| Selling general administrative | 4.81M | 3.61M | 3.69M | 2.38M |
| Gross profit | 5.25M | 8.19M | -2.10M | -4.61M |
| Reconciled depreciation | 3.82M | 6.22M | 7.69M | 8.34M |
| Operating income | 1.27M | 4.58M | -5.75M | -7.03M |
| Interest expense | 0.05M | 0.25M | 0.09M | 0.01M |
| Tax provision | 1.05M | -1.84M | 0.81M | -0.95M |
| Interest income | 0.17M | 0.00M | 0.59M | 0.39M |
| Net interest income | -0.01M | -0.24M | 0.48M | 0.37M |
| Total revenue | 24.07M | 43.38M | 29.93M | 11.75M |
| Total operating expenses | 22.80M | 38.80M | 35.68M | 18.78M |
| Cost of revenue | 18.83M | 35.19M | 32.02M | 16.36M |
| Total other income expense net | 2.64M | -14.80M | 1.12M | 0.69M |
| Net income from continuing ops | 2.86M | -8.62M | -4.96M | -5.02M |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 35.29M | 43.37M | 50.57M | 68.46M |
| Other current assets | 0.52M | 0.42M | 0.46M | 0.22M |
| Total liab | 4.33M | 10.26M | 8.84M | 11.02M |
| Total stockholder equity | 30.95M | 33.11M | 41.73M | 57.45M |
| Capital stock | 29.50M | 0.00M | 0.01M | 0.01M |
| Retained earnings | 1.47M | 0.00M | 41.70M | 57.40M |
| Cash | 14.93M | 10.96M | 3.85M | 1.89M |
| Total current liabilities | 4.10M | 9.76M | 5.73M | 6.25M |
| Total current assets | 24.71M | 30.09M | 17.91M | 18.69M |
| Net receivables | 1.80M | 10.99M | 6.54M | 6.99M |
| Inventory | 7.46M | 7.01M | 6.70M | 7.20M |
| Accounts payable | 0.34M | 3.47M | 0.84M | 1.42M |
| Non current assets total | 10.58M | 13.28M | 32.66M | 49.77M |
| Capital lease obligations | 0.45M | 0.97M | 0.46M | 0.16M |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Net borrowings | -0.49M | -0.71M | -0.24M | -0.29M |
| Total cash from financing activities | -5.49M | -0.71M | -0.99M | -4.97M |
| Net income | 2.86M | -8.62M | -4.96M | -5.02M |
| Change in cash | 3.97M | 7.11M | 1.96M | -8.68M |
| Begin period cash flow | 10.96M | 3.85M | 1.89M | 10.56M |
| End period cash flow | 14.93M | 10.96M | 3.85M | 1.89M |
| Total cash from operating activities | 10.11M | 8.91M | 2.63M | -1.90M |
| Depreciation | 3.82M | 6.22M | 7.69M | 8.34M |
| Dividends paid | -5.00M | 0.00M | -0.75M | -4.67M |
| Change to inventory | -0.55M | -0.35M | 0.22M | -0.40M |
| Change to account receivables | 9.19M | -4.45M | 0.44M | -5.93M |
| Capital expenditures | 0.65M | 1.08M | 0.40M | 1.87M |
| Change in working capital | 3.34M | -1.37M | 2.12M | -3.58M |
| Stock based compensation | 0.01M | 0.00M | - | - |
| Other non cash items | 0.05M | 0.25M | 0.09M | 0.01M |
| Free cash flow | 9.46M | 7.83M | 2.23M | -3.77M |
Sector: Energy Industry: Oil & Gas Equipment & Services
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| HOH High Arctic Overseas Holdings Corp. |
-0.14 5.62% |
2.35 | - | - | 1.40 | 0.44 | 0.10 | 0.42 |
| RFX Reeflex Solutions Inc. |
-0.01 2.70% |
0.18 | - | - | 1.00 | 1.26 | 1.92 | 4.40 |
High Arctic Overseas Holdings Corp. provides contract drilling, well completion, and other oilfield services in Papua New Guinea. The company supplies rental equipment, including rig matting, camps, and material handling and drilling support equipment; and provides manpower solutions. It serves customers in oil and natural gas industry. The company was incorporated in 2024 and is headquartered in Calgary, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. Michael Joseph Maguire | CEO & Director | NA |
| Mr. Matthew Cocks | VP of Finance, CFO & Corporate Secretary | NA |
| Mr. Stephen P. Lambert | Chief Operating Officer | NA |
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