HUBC: Hub Cyber Security Ltd Financial Statements

Balance sheet, income statement, and cash flow statements for Hub Cyber Security Ltd (HUBC).

OverviewDividends

$14.42M Market Cap.

As of 05/01/2025 5:00 PM ET (MRY) • Disclaimer

HUBC Market Cap. (MRY)


HUBC Shares Outstanding (MRY)


HUBC Assets (MRY)


Total Assets

$27.42M

Total Liabilities

$108.23M

Total Investments

$165.00K

HUBC Income (MRY)


Revenue

$29.56M

Net Income

-$39.76M

Operating Expense

$31.27M

HUBC Cash Flow (MRY)


CF Operations

-$17.11M

CF Investing

-$452.00K

CF Financing

$17.18M

HUBC Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$27,416,000 (-15.88%)

$32,590,000 (-56.43%)

$74,793,000 (-38.05%)

$120,732,000 (7474.15%)

Assets Current

$18,402,000 (-8.49%)

$20,109,000 (-39.43%)

$33,198,000 (-33.29%)

$49,761,000 (3392.00%)

Assets Non-Current

$9,014,000 (-27.78%)

$12,481,000 (-69.99%)

$41,595,000 (-41.39%)

$70,971,000 (41894.67%)

Goodwill & Intangible Assets

$6,211,000 (-21.21%)

$7,883,000 (-73.64%)

$29,900,000 (-45.25%)

$54,609,000 (259942.86%)

Shareholders Equity

-$80,817,000 (-59.30%)

-$50,733,000 (-675.86%)

$8,810,000 (-86.61%)

$65,778,000 (9988.65%)

Property Plant & Equipment Net

$2,638,000 (-25.59%)

$3,545,000 (-54.67%)

$7,821,000 (-16.63%)

$9,381,000 (6238.51%)

Cash & Equivalents

$3,613,000 (-29.97%)

$5,159,000 (-7.36%)

$5,569,000 (-60.76%)

$14,192,000 (1024.56%)

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Investments

$165,000 (9.27%)

$151,000 (-94.97%)

$3,002,000 (-32.04%)

$4,417,000 (0%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$1,001,000 (0%)

Investments Non-Current

$165,000 (9.27%)

$151,000 (-94.97%)

$3,002,000 (-12.12%)

$3,416,000 (0%)

Inventory

$0 (0%)

$0 (0%)

$1,900,000 (3.37%)

$1,838,000 (0%)

Trade & Non-Trade Receivables

$7,897,000 (-25.44%)

$10,592,000 (-57.51%)

$24,929,000 (-24.06%)

$32,826,000 (20038.65%)

Trade & Non-Trade Payables

$47,674,000 (12.72%)

$42,294,000 (8.19%)

$39,093,000 (58.55%)

$24,656,000 (7629.15%)

Accumulated Retained Earnings (Deficit)

-$226,245,000 (-21.32%)

-$186,488,000 (-88.29%)

-$99,042,000 (-467.67%)

-$17,447,000 (-314.02%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$3,469,000 (0%)

Tax Liabilities

$79,000 (-31.90%)

$116,000 (-27.95%)

$161,000 (-96.60%)

$4,734,000 (0%)

Total Debt

$40,484,000 (40.71%)

$28,772,000 (44.59%)

$19,899,000 (-14.09%)

$23,163,000 (26524.14%)

Debt Current

$39,272,000 (45.13%)

$27,060,000 (81.56%)

$14,904,000 (12.04%)

$13,302,000 (23236.84%)

Debt Non-Current

$1,212,000 (-29.21%)

$1,712,000 (-65.73%)

$4,995,000 (-49.35%)

$9,861,000 (32770.00%)

Total Liabilities

$108,233,000 (29.90%)

$83,323,000 (26.28%)

$65,983,000 (17.94%)

$55,945,000 (5838.96%)

Liabilities Current

$106,074,000 (31.80%)

$80,479,000 (39.15%)

$57,836,000 (52.37%)

$37,958,000 (9995.21%)

Liabilities Non-Current

$2,159,000 (-24.09%)

$2,844,000 (-65.09%)

$8,147,000 (-54.71%)

$17,987,000 (3077.92%)

HUBC Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$29,562,000 (-30.70%)

$42,657,000 (-14.69%)

$50,002,000 (69.31%)

$29,533,000 (77618.42%)

Cost of Revenue

$24,515,000 (-41.50%)

$41,907,000 (-8.73%)

$45,914,000 (85.80%)

$24,711,000 (0%)

Selling General & Administrative Expense

$29,087,000 (-51.41%)

$59,866,000 (-24.17%)

$78,945,000 (558.09%)

$11,996,000 (830.64%)

Research & Development Expense

$2,002,000 (-65.99%)

$5,886,000 (5.60%)

$5,574,000 (-3.83%)

$5,796,000 (307.31%)

Operating Expenses

$31,270,000 (-60.15%)

$78,475,000 (-7.15%)

$84,519,000 (375.04%)

$17,792,000 (556.05%)

Interest Expense

$12,586,000 (74.95%)

$7,194,000 (419.80%)

$1,384,000 (367.57%)

$296,000 (198.99%)

Income Tax Expense

$557,000 (225.73%)

$171,000 (122.04%)

-$776,000 (-396.18%)

$262,000 (0%)

Net Loss Income from Discontinued Operations

-$1,885,000 (7.14%)

-$2,030,000 (-456.77%)

$569,000 (431.78%)

$107,000 (0%)

Consolidated Income

-$39,031,000 (54.95%)

-$86,636,000 (-8.29%)

-$80,000,000 (-496.35%)

-$13,415,000 (-386.05%)

Net Income to Non-Controlling Interests

$726,000 (-10.37%)

$810,000 (-49.22%)

$1,595,000 (514.29%)

-$385,000 (0%)

Net Income

-$39,757,000 (54.54%)

-$87,446,000 (-7.17%)

-$81,595,000 (-526.21%)

-$13,030,000 (-372.10%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$39,757,000 (54.54%)

-$87,446,000 (-7.17%)

-$81,595,000 (-526.21%)

-$13,030,000 (-372.10%)

Weighted Average Shares

$2,645,478 (173.12%)

$968,600 (13.57%)

$852,887 (10.04%)

$775,100

Weighted Average Shares Diluted

$2,645,478 (173.12%)

$968,600 (13.57%)

$852,887 (10.04%)

$775,100

Earning Before Interest & Taxes (EBIT)

-$26,614,000 (66.77%)

-$80,081,000 (1.12%)

-$80,987,000 (-549.35%)

-$12,472,000 (-368.70%)

Gross Profit

$5,047,000 (572.93%)

$750,000 (-81.65%)

$4,088,000 (-15.22%)

$4,822,000 (12589.47%)

Operating Income

-$26,223,000 (66.26%)

-$77,725,000 (3.36%)

-$80,431,000 (-520.13%)

-$12,970,000 (-385.04%)

HUBC Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$452,000 (-121.16%)

$2,136,000 (132.62%)

-$6,549,000 (59.02%)

-$15,982,000 (-79810.00%)

Net Cash Flow from Financing

$17,176,000 (32.87%)

$12,927,000 (-37.43%)

$20,660,000 (-36.83%)

$32,703,000 (1313.88%)

Net Cash Flow from Operations

-$17,110,000 (-5.60%)

-$16,202,000 (30.86%)

-$23,432,000 (-343.79%)

-$5,280,000 (-84.68%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$437,000 (7.42%)

-$472,000 (95.27%)

-$9,980,000 (-178.51%)

$12,712,000 (2804.68%)

Net Cash Flow - Business Acquisitions and Disposals

-$1,615,000 (0%)

$0 (0%)

-$5,405,000 (55.04%)

-$12,021,000 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$1,247,000 (-48.75%)

$2,433,000 (567.88%)

-$520,000 (85.18%)

-$3,508,000 (0%)

Capital Expenditure

-$84,000 (71.72%)

-$297,000 (52.40%)

-$624,000 (-37.75%)

-$453,000 (-2165.00%)

Issuance (Repayment) of Debt Securities

$18,798,000 (120.04%)

$8,543,000 (671.44%)

-$1,495,000 (-77.98%)

-$840,000 (-1400.00%)

Issuance (Purchase) of Equity Shares

$0 (0%)

$2,379,000 (-88.72%)

$21,087,000 (-36.75%)

$33,341,000 (1598.47%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

-$51,000 (-107.65%)

$667,000 (201.21%)

-$659,000 (-151.85%)

$1,271,000 (1223.96%)

Share Based Compensation

$2,070,000 (-70.91%)

$7,115,000 (-32.34%)

$10,516,000 (78.33%)

$5,897,000 (0%)

Depreciation Amortization & Accretion

$2,379,000 (-68.85%)

$7,637,000 (-1.98%)

$7,791,000 (320.45%)

$1,853,000 (5350.00%)

HUBC Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

17.10% (850.00%)

1.80% (-78.05%)

8.20% (-49.69%)

16.30% (-83.70%)

Profit Margin

-134.50% (34.39%)

-205.00% (-25.61%)

-163.20% (-270.07%)

-44.10% (99.39%)

EBITDA Margin

-82.00% (51.71%)

-169.80% (-15.98%)

-146.40% (-306.67%)

-36.00% (99.48%)

Return on Average Equity (ROAE)

60.40% (-85.52%)

417.20% (290.68%)

-218.80% (-176.26%)

-79.20%

Return on Average Assets (ROAA)

-132.50% (18.66%)

-162.90% (-95.09%)

-83.50% (-101.20%)

-41.50%

Return on Sales (ROS)

-90.00% (52.05%)

-187.70% (-15.86%)

-162.00% (-283.89%)

-42.20% (99.40%)

Return on Invested Capital (ROIC)

66.40% (-87.24%)

520.50% (223.78%)

-420.50% (-201.65%)

-139.40%

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0%

Price to Earnings Ratio (P/E)

-0.46 (-91.67%)

-0.24 (98.19%)

-13.28 (77.42%)

-58.79

Price to Sales Ratio (P/S)

0.62 (25.15%)

0.49 (-97.66%)

21.08 (-21.01%)

26.69

Price to Book Ratio (P/B)

-0.18 (53.16%)

-0.38 (-100.28%)

134.24 (3818.30%)

3.43

Debt to Equity Ratio (D/E)

-1.34 (18.45%)

-1.64 (-121.92%)

7.49 (780.14%)

0.85 (-41.11%)

Earnings Per Share (EPS)

-15 (83.39%)

-90.3 (3.01%)

-93.1 (-438.15%)

-17.3 (-332.50%)

Sales Per Share (SPS)

11.18 (-74.63%)

44.04 (-24.88%)

58.63 (53.87%)

38.1

Free Cash Flow Per Share (FCFPS)

-6.5 (61.85%)

-17.03 (39.61%)

-28.2 (-281.35%)

-7.4

Book Value Per Share (BVPS)

-30.55 (41.68%)

-52.38 (-607.05%)

10.33 (-87.83%)

84.86

Tangible Assets Book Value Per Share (TABVPS)

8.02 (-68.57%)

25.51 (-51.54%)

52.64 (-38.30%)

85.31

Enterprise Value Over EBIT (EV/EBIT)

-2 (0%)

0 (0%)

-15 (16.67%)

-18

Enterprise Value Over EBITDA (EV/EBITDA)

-1.77 (-265.77%)

-0.48 (97.02%)

-16.28 (22.78%)

-21.09

Asset Turnover

0.98 (24.06%)

0.79 (55.38%)

0.51 (-45.70%)

0.94

Current Ratio

0.17 (-30.80%)

0.25 (-56.45%)

0.57 (-56.22%)

1.31 (-65.41%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$17,194,000 (-4.21%)

-$16,499,000 (31.41%)

-$24,056,000 (-319.61%)

-$5,733,000 (-99.13%)

Enterprise Value (EV)

$42,998,464 (22.45%)

$35,113,726 (-97.05%)

$1,191,757,893 (432.25%)

$223,908,516

Earnings Before Tax (EBT)

-$39,200,000 (55.08%)

-$87,275,000 (-5.95%)

-$82,371,000 (-545.14%)

-$12,768,000 (-362.61%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$24,235,000 (66.55%)

-$72,444,000 (1.03%)

-$73,196,000 (-589.29%)

-$10,619,000 (-304.23%)

Invested Capital

-$47,998,000 (-49.25%)

-$32,159,000 (-2418.60%)

$1,387,000 (-96.27%)

$37,136,000 (168700.00%)

Working Capital

-$87,672,000 (-45.22%)

-$60,370,000 (-145.03%)

-$24,638,000 (-308.74%)

$11,803,000 (1025.17%)

Tangible Asset Value

$21,205,000 (-14.17%)

$24,707,000 (-44.96%)

$44,893,000 (-32.11%)

$66,123,000 (4103.62%)

Market Capitalization

$14,417,464 (-25.17%)

$19,267,726 (-98.37%)

$1,182,663,893 (424.80%)

$225,353,979

Average Equity

-$65,775,000 (-213.79%)

-$20,961,500 (-156.21%)

$37,294,000 (126.58%)

$16,459,466

Average Assets

$30,003,000 (-44.12%)

$53,691,500 (-45.08%)

$97,762,500 (211.37%)

$31,397,926

Invested Capital Average

-$40,078,500 (-160.49%)

-$15,386,000 (-179.88%)

$19,261,500 (115.23%)

$8,949,110

Shares

2,089,488 (135.33%)

887,914 (-7.20%)

956,848 (331.82%)

221,587