HDSNHUDSON TECHNOLOGIES INC /NY
Wholesale-Machinery, Equipment & Supplies
- Revenue
- $247M
- 4.0% YoY
- Operating margin
- 7.5%
- 39% YoY
- EBITDA
- $21M
- 34% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -1.0×
- −$21M net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashFired-19% of net incomeCash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowClear-633% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear20% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $193M | $325M | $289M | $237M | $247M | 4.0% |
| Operating income | $42M | $132M | $78M | $29M | $19M | 37% |
| Net income | $32M | $104M | $52M | $24M | $17M | 32% |
| Operating cash flow | −$1M | $63M | $59M | $92M | −$3M | 103% |
| Capex | $2M | $4M | $4M | $5M | $5M | 4.7% |
| Stock-based comp | $511K | $922K | $2M | $842K | $1M | 31% |
| Buybacks | — | — | — | $8M | $20M | 146% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $757K · 5
- Open-market sells, 12 mo
- $0 · 0
- Net
- $757K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 699 | 150 |
| FY2024 | — | — | 557 | 134 |
| FY2023 | — | — | 1377 | 121 |
| FY2022 | — | — | 1033 | 106 |
| FY2021 | — | — | 453 | 135 |