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MARKETS / BALCAO / NMHI
BALCAO · FARM MACHINERY & EQUIPMENT

Nature's Miracle Holding Inc. NMHI

4 fiscal years on record · USD · FY2025 reported · SEC filings only
$1.7M
▼ 81.2% YoY
$-12.0M
In brief

What this company does

We are a growing agriculture technology company providing Controlled Environment Agriculture (“CEA”) hardware products to growers in the CEA industry setting in North America. We provide hardware to design, build and operate various indoor growing settings, including greenhouse and indoor growing spaces. Through our two wholly-owned subsidiaries, Visiontech Group Inc. (“Visiontech”) and Hydroman, Inc. (“Hydroman”), we provide grow lights, grow media products and dehumidifiers to indoor growers in North America. We also arrange energy rebate solutions combined with the supply of LED lights that qualify for energy-saving rebates provided by large Utility companies throughout the U.S. We have also developed fully automated container-sized units that function as indoor vertical farms were five containers can equal the output of 10 acres of farmland. We design, mid-to high end LED and Dehumidifier products, arrange manufacturing overseas and ship to our distribution warehouse in Upland, California.

Written from the business description in Nature's Miracle Holding Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 15 April 2026. Every sentence was checked against that document before publication.

Growth
USD 1.7M
Revenue, FY2025 · full 4-year series below
Revenue $M Net income $M
FY2025 · Revenue 1.7 · Net income -12.0
8M16M-5M-10M2022202320242025
Compound annual growth
−54.6%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−688 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -410.5% · Net -688.0%
-200%-400%-600%2022202320242025
ROE

Not applicable: equity was negative in this period, so return on equity has no meaning.

Cash & shareholders
returned in FY2025 · dividends + net buybacks

Total assetsUSD 20.4M
EquityUSD -12.7M
CashUSD 97,694.00
Gross debtUSD 9.6M
Net debtUSD 9.5M
Current ratio0.04×

Equity was negative — liabilities exceeded assets. No ratio is shown.

The 4-year record
4 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022
Revenue $B0.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.0
Income tax $B0.00.00.0−0.0
Net income $B−0.0−0.0−0.0−0.0
Free cash flow $B···−0.0
EPS, diluted $−0.81−11.88−9.88−0.15
Dividend / sh $····
Payout %····
ROE %···−398.6
Shares out B0.110.000.000.02

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 20 reconciliationsAUDITED

Reconciled in 4 of 19 fiscal years. 75 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityFarm Machinery & Equipment
Listed onOTC market
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2022

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