$2.33
-4.1%TMD Energy Limited, an investment holding company, provides marine fuel bunkering services in Hong Kong, Malaysia, Indonesia, Singapore, and Vietnam. The company involved in marketing and supply of marine gas and fuel oil, including high sulfur fuel oil, low sulfur fuel oil, and very low sulfur fuel oil products to ships and vessels. It also provides vessel chartering and ship management services for in-house and external vessels; sale of cargo oil and fresh water; and general cleaning and disinfecting services. It operates with a fleet of 15 well-maintained bunkering vessels. TMD Energy Limited was incorporated in 2023 and is based in the Kuala Lumpur, Malaysia. TMD Energy Limited is a subsidiary of Straits Energy Resources Berhad.
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extension—monitor closely.
Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.
TMDE • AMEX
| TMD Energy Limited Cash Flow Statement | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|
OPERATING ACTIVITIES | |||
2M | 3M | 3.2M | |
4.8M | 4.3M | 3M | |
0.0 | -92.7K | -902.2K | |
71.7K | -18.7K | 0.0 | |
(776.3K) | (0.0) | (177.8K) | |
-31.2M | -6.5M | -4.8M | |
-24.3M | 654.2K | 518.6K | |
INVESTING ACTIVITIES | |||
-3.8M | -3.1M | -6.6M | |
(74.1K) | (0.0) | (0.0) | |
-83.1K | -4.4K | (0.0) | |
0.0 | 6.1K | 0.0 | |
-3.8M | -3.1M | -6.6M | |
FINANCING ACTIVITIES | |||
0.0 | 0.0 | 561K | |
50.9M | -2.8M | 6.9M | |
-12.2M | 320.5K | 561.2K | |
38.7M | -2.5M | 8M | |
CASH FLOW SUMMARY | |||
635.6K | -1.5M | -891K | |
11.2M | -6.4M | 1.1M | |
4.8M | 11.3M | 10.2M | |
16.1M | 4.8M | 11.3M | |
-28M | -2.5M | -6.1M |
TMDE - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
6-K 6-K 2026 Q1 Q1 | February 17, 2026 | February 17, 2026 | 2026 | |
6-K 6-K 2025 Q3 Q3 | September 29, 2025 | September 29, 2025 | 2025 | |
20-F 20-F 2025 FY FY | September 29, 2025 | June 30, 2025 | 2025 | |
6-K 6-K 2025 Q2 Q2 | June 18, 2025 | June 18, 2025 | 2025 | |
6-K 6-K 2025 Q2 Q2 | May 21, 2025 | May 21, 2025 | 2025 | |
6-K 6-K 2025 Q2 Q2 | May 16, 2025 | May 16, 2025 | 2025 | |
6-K 6-K 2025 Q2 Q2 | May 14, 2025 | May 14, 2025 | 2025 | |
6-K 6-K 2025 Q2 Q2 | May 14, 2025 | May 14, 2025 | 2025 | |
20-F 20-F 2024 FY FY | May 14, 2025 | December 31, 2024 | 2024 | |
6-K 6-K 2025 Q2 Q2 | April 25, 2025 | April 24, 2025 | 2025 |
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