High-Trend International Group HTCO
Annual
Quarterly
FY2025 · ended Oct 31, 2025 · Revenue $214.42M, +98.2% YoY · Filed Jan 23, 2026
High-Trend International Group (HTCO) files with the SEC under industry code 4412, Deep Sea Foreign Transportation of Freight. In fiscal 2025, which ended Oct 31, 2025, it reported revenue of $214.4 million and a net loss of $21.5 million. Free cash flow was $4.6 million. As of Oct 31, 2025 it held $10.1 million in cash and investments and $104,129 in total debt.
Revenue
$214.42M
+98.2% vs prior year
Net income
$-21.46M
+9.0% vs prior year
Operating cash flow
$4.63M
+239.2% vs prior year
Free cash flow
$4.63M
EPS
$-4.18
+58.3% vs prior year
Dividend per share
None
Shares outstanding
6.63M
-94.4% vs prior year
Net cash
$10.04M
FY 2025
Operating margin
-9.3%
FY 2025
Company profile
- Industry
- Deep Sea Foreign Transportation of Freight (SIC 4412)
- Listed as
- HTCO (Nasdaq)
- Fiscal year ends
- October 31
- Incorporated in
- Cayman Islands
- Headquarters
- Singapore
- SEC filer status
- Non-accelerated filer, Emerging growth company
- SEC CIK
- 1928948
- Former names
- Caravelle International Group (until Jan 16, 2025)
Other Deep Sea Foreign Transportation of Freight companies
- Frontline plc FRO
- Cmb.tech NV CMBT
- Scorpio Tankers Inc. STNG
- TORM plc TRMD
- DHT Holdings, Inc. DHT
- Okeanis Eco Tankers Corp. ECO
- ZIM Integrated Shipping Services Ltd. ZIM
- Star Bulk Carriers Corp. SBLK
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Oct 31, 2025 |
FY 2024 Oct 31, 2024 |
FY 2023 Oct 31, 2023 |
FY 2022 Oct 31, 2022 |
|---|---|---|---|---|
| Revenue | $214.4M | $108.2M | $95.3M | $185.3M |
| Operating income | -$19.9M | $2.3M | -$15.6M | $23.6M |
| Net income | -$21.5M | -$23.6M | -$9.3M | $12.2M |
| Diluted EPS | -$4.18 | -$10.02 | -$4.45 | $0.24 |
| Operating cash flow | $4.6M | -$3.3M | -$17.8M | $33.1M |
| Free cash flow | $4.6M | — | — | — |
| Total assets | $32.4M | $29.2M | $8.4M | $35.6M |
| Total liabilities | $19.8M | $20.5M | $15.7M | $25.5M |
| Stockholders' equity | $7.9M | $5.4M | -$5.4M | $4.5M |
| Cash and investments | $10.1M | $6.9M | $2.2M | $21.6M |
| Total debt | $104,129 | $1.5M | $2.6M | $3.2M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Jul 22, 2026 | Apr 30, 2026 |
| 6-K | Current report (foreign issuer) | May 14, 2026 | May 14, 2026 |
| 6-K | Current report (foreign issuer) | May 14, 2026 | May 14, 2026 |
| 6-K | Current report (foreign issuer) | May 11, 2026 | May 11, 2026 |
| 6-K | Current report (foreign issuer) | May 4, 2026 | May 4, 2026 |
| 20-F/A | Amended annual report (foreign issuer) | Apr 6, 2026 | Oct 31, 2025 |
All 122 High-Trend International Group SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.