HRBR — Stock Film
STOCK FILMSCENE 1/12HRBR · $2.20
Stock Expert AI presents
HRBR
Harbor Diversified, Inc
~5 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
Harbor Diversified, Inc. What it actually does.

Provides air transportation services within the United States. Leases and finances flight equipment to other companies. Now — the numbers.

on the stock market since 1997
944 employees
$128.5M market value
WHERE DOES THE MONEY COME FROM?
100%Contract Revenue
Contract RevenueContract Service and Other <1%
100% of all revenue comes from a single line: Contract Revenue.

That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.

Revenue last year:
$199.2M
The loss that same year:
$16M
For every $1 it earns, the company spends $1.1.

The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.

THE SALES TREND
Sales have been shrinking.

An average decline of 7% a year over the last 4 years — the most striking risk in this picture. Red columns mark years that ended in a loss.

$263.6M
2019
2020
2021
2022
$199.2M
2023
In the vault right now:
$113.5M
DEBT: $12.2M
At this pace, that money lasts about 7.1 years.

At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.

THE PRICE TAG
MARKET VALUE / ANNUAL SALES
0.6×

This company is not turning a profit, so the market is pricing its sales instead: 0.6× for every dollar of annual revenue.

No analyst target is on record for this company.

What executives did with their own stock over the last 12 months:
13 buy2 sell

Executives buying with their own money is usually read as confidence in the company’s future.

THE FIVE-YEAR JOURNEY
Below the peak, but no collapse.

The stock trades 26% below its peak. The market has trimmed its expectations for the company.

1
THE BRIGHT SIDE · 1/2
Strong cash, light debt

There is $113.5M in the vault; even if every debt were paid off, $101.3M would remain.

2
THE BRIGHT SIDE · 2/2
Executives are buying their own stock

Over the last 12 months, company executives reported 13 buys and 2 sells. Management buying with its own money is usually read as a good sign.

1
THE RISKS · 1/3
Running at a loss

A loss of $16.0M against $199.2M in annual sales. And on top of that, sales fell from the year before.

2
THE RISKS · 2/3
The stock has lost its spark

Since the drop from its peak, buyer appetite hasn’t come back.

3
THE RISKS · 3/3
Thin profit on each sale

As the slice kept from each sale thins out, so does the profit.

FINALE · THE GRADE
grade pending

No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.

One-line summary: few numbers, an untested story. Keep watching.

What would you like to do next?
Open the stock page →

Not covered, because the filings we hold do not carry it: earnings execution.

This was a film — not investment advice.
Data: FMP & company filings
Sep 12, 2026 · stockexpertai.com · Stock Film