Harbor Star Shipping Services, Inc. (PSE:TUGS)

Philippines · Delayed Price · Currency is PHP

1.880

+0.020 (1.08%)

At close: Sep 11, 2026

PSE:TUGS Financials Overview

Financials in millions PHP. Fiscal year is January - December.

Millions PHP. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,873	2,791	3,038	2,663	2,700	1,909
Revenue Growth	-2.31%	-8.13%	14.07%	-1.35%	41.39%	13.48%
Gross Profit	690.69	669.61	856.38	820.67	1,021	514.87
Operating Income	223.37	176.61	348.72	365.27	565.73	151.61
Net Income	129.87	60.94	112.93	29.71	2.05	-166.63
Earnings Per Share	0.14	0.07	0.13	0.03	0.00	-0.19
EPS Growth	-	-46.03%	279.46%	1351.27%	-	-

Revenue by Segment

Fiscal Year	FY 2025	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Harbor Assistance	2,624	2,844
Renewable Energy	166.65	193.36
Total	2,791	3,038

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	247.17	349.15	383.03	285.19	266.46	263.96
Total Debt	3,349	3,437	3,356	3,601	3,847	4,132
Net Cash (Debt)	-3,102	-3,088	-2,973	-3,316	-3,580	-3,868
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-3.47	-3.45	-3.32	-3.71	-4.00	-4.32

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	665.22	833.75	880.01	781.99	863.48	618.71
Capital Expenditures	-338.08	-522.02	-429.02	-313.06	-407.94	-249.13
Free Cash Flow	327.14	311.74	450.99	468.92	455.54	369.59
Free Cash Flow Growth	7.57%	-30.88%	-3.82%	2.94%	23.26%	-28.86%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	24.04%	23.99%	28.19%	30.82%	37.81%	26.97%
Operating Margin	7.78%	6.33%	11.48%	13.72%	20.96%	7.94%
Pretax Margin	5.56%	3.32%	8.92%	2.59%	-0.37%	-7.69%
Profit Margin	4.52%	2.18%	3.72%	1.11%	0.08%	-8.73%
FCF Margin	11.39%	11.17%	14.85%	17.61%	16.88%	19.36%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 13, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	12.97	8.66	4.91	22.89	423.91	-
P/FCF Ratio	5.14	1.69	1.23	1.45	1.91	2.20
PS Ratio	0.59	0.19	0.18	0.26	0.32	0.43