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MARKETS / NYSE / TMDE
NYSE · WHOLESALE-PETROLEUM & PETROLEUM PRODUCTS (NO BULK STATIONS) · SMALL CAP

TMD Energy Ltd. TMDE

3 fiscal years on record · USD · FY2024 reported · SEC filings only
$688.6M
▲ 8.8% YoY
$1.9M
▼ 5.9% YoY
$-28.0M
In brief

What this company does

TMD Energy is principally involved in marine fuel bunkering services, specializing in the supply and marketing of marine gas oil and marine fuel oil, including high sulfur fuel oil, low sulfur fuel oil and very low sulfur fuel oil, to ships and vessels at sea. It is also involved in the provision of ship management services for in-house and external vessels, as well as vessel chartering services. It operates in 19 ports in Malaysia, including Lumut Port, Penang Port, Port Klang, Malacca Port, Linggi Port, Johor Port, Port of Tanjung Pelepas, Tok Bali Port, Kuala Terengganu Port, Dungun Port, Kemaman Port, Kuantan Port, Pulau Tioman Port, Desaru Port, Bintulu Port, Miri Port, Labuan Port, Kota Kinabalu Port and Sapangar Bay Oil Terminal. As at December 31, 2024, it had 105 customers in its portfolio, which include ship owners and operators, shipping lines, logistics and freight companies, and oil and gas traders or brokers. The percentage of its total purchases from its largest supplier for FY2023 and FY2024 amounted to approximately 47% and 82%, respectively.

Written from the business description in TMD ENERGY LIMITED's annual report to the U.S. Securities and Exchange Commission, filed 14 May 2025. Every sentence was checked against that document before publication.

Growth
USD 688.6M
Revenue, FY2024 · full 3-year series below
Revenue $M Net income $M
FY2024 · Revenue 688.6 · Net income 1.9
250.0M500.0M202220232024
Compound annual growth
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
0 cents
of every revenue dollar became profit
Operating margin Net margin
FY2024 · Operating 0.9% · Net 0.3%
0.5%202220232024
ROE
FY2024 · ROE 10.6%
5%10%202220232024

Each USD of equity produced 11 cents of profit this year.

Cash & shareholders
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF -28.0
-10M-20M202220232024

Total assetsUSD 110.1M
EquityUSD 17.9M
CashUSD 16.1M
Gross debtUSD 1.3M
Net debtUSD -14.8M
Current ratio0.86×

The company holds more cash than debt.

The 3-year record
3 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 202420232022
Revenue $B0.70.60.7
Operating income $B0.00.00.0
EBITDA $B0.00.00.0
Income tax $B0.00.0−0.0
Net income $B0.00.00.0
Free cash flow $B−0.0−0.0−0.0
EPS, diluted $0.090.100.12
Dividend / sh $···
Payout %···
ROE %10.611.4·
Shares out B0.020.02·

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 13 reconciliationsAUDITED

Reconciled in 3 of 19 fiscal years. 82 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityWholesale-Petroleum & Petroleum Products (No Bulk Stations)
Listed onNYSE
Incorporated inoutside the United States — SEC code E9
Fiscal year endsJune 30
SEC categoryemerging growth company
Data on record since2022

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