Company Analysis

TMD Energy Limited (TMDE)

NYSE: TMDE · Wholesale-Petroleum & Petroleum Products (No Bulk Stations) · filing with the SEC since 2024
Grade2.8
◀ Past 2.8● Present 2.6▶ Future 3.0
2 est.

The grade of TMD Energy Limited

Nine metrics read from its own filings, by tense
Headline grade
2.8/10
◀ Past2.825% of the headline
● Present2.645% of the headline
▶ Future3.030% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

2.8/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
3.3/10

Has it survived what it has been through?

1 warning event since 2024; the latest 2025-04-30.

weight 45% of this tense · 33rd percentile among 36 sector filers · read for itself

From the record

TMD Energy Limited's filings since 2024 show 1 warning event: a late-report notice (Form NT 10-K or NT 10-Q, the latest 2025-04-30) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
2.7/10

What has it actually done, year after year?

-7% a year over 4 filed years; profitable in 3 of 4.

weight 33% of this tense · 27th percentile among 35 sector filers · read for its customers

From the record

TMD Energy Limited's 4 filed years say what it did: revenue went from $702 million in fiscal 2022 to $545 million in fiscal 2026, down 7% a year; it rose in 1 of 3 years; the deepest fall was 22% from fiscal 2022 to fiscal 2026; net income was positive in 3 of 4 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-7.0%bottom 16% of its family
  • the share of years revenue rosebottom 14% of its family
  • the share of filed years with a profitbottom 33% of its family
  • the deepest fall from a revenue peak22.4%bottom 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
1.8/10

How has it treated the people who own it?

SI estimate 1.8/10, confidence 35 of 100 (one part).

weight 22% of this tense · 18th percentile among 34 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 18% of 34 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 34 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: TMD Energy Limited's shareholder treatment is put at 1.8 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 18% of 34 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

2.6/1045% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
0.6/10

Is it financially healthy right now?

ROE -598%: lost 598¢ per shareholder dollar. Leverage 98%: owes 98¢ per asset dollar.

weight 33% of this tense · 6th percentile among 33 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-06-30, TMD Energy Limited lost about 598 cents for every dollar of shareholders' money, and gross profitability: its products earned about 2 cents per dollar of everything the company owns. Leverage: it owed about 98 cents per dollar of assets (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 11% of its family
  • return on equitybottom 5% of its family
  • gross profit against assetsbottom 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
2.9/10

How strong is its position in its industry?

bottom 28% of 35 in its family; net margin -3.4%.

weight 45% of this tense · 28th percentile among 35 sector filers · read for its customers

From the record

TMD Energy Limited's standing among 35 graded names in its industry family: revenue of $545 million in fiscal 2026 ranks in the bottom 40% by size; a net margin of -3.4% ranks in the bottom 16%; revenue growth of -7% a year over the last 3 filed years ranks in the bottom 30% (its annual reports).

What it rests on

  • revenue against the family$545Mbottom 40% of its family
  • net margin-3.4%bottom 16% of its family
  • three-year revenue growth-7.0%bottom 30% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.2/10

What are the people in charge doing?

SI estimate 5.2/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 24 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-25 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 24 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-25 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 24 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: TMD Energy Limited's leadership is put at 5.2 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-25 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 24 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

3.0/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.0/10

How much room does it have to grow?

bottom 40% of 35 in its family for room to expand.

weight 33% of this tense · 40th percentile among 35 sector filers · read for itself

From the record

TMD Energy Limited's room to grow, from the newest filed statements (fiscal 2026): cash of $4 million against debt of $709 thousand leaves 2.6% of its assets as net cash, top 34% of its family; cash from operations less capital spending is 1.4% of revenue (top 47%); a gross margin of 0.6% (bottom 2%) (its annual report).

What it rests on

  • cash less debt against assets2.6%top 34% of its family
  • cash from operations less capital spending against revenue1.4%top 47% of its family
  • gross margin0.6%bottom 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.9/10

What could actually drive growth from here?

bottom 39% of 35 in its family for growth drivers.

weight 33% of this tense · 39th percentile among 35 sector filers · read for its customers

From the record

TMD Energy Limited's growth drivers, from the filed years to fiscal 2026: revenue grew -7% a year over the last three filed years against -7% over all 4, speeding up (top 24% of its family); the newest year grew -14.5% (bottom 16%); capital spending grew -19.3% a year (bottom 27%) (its annual reports). TMD Energy Limited tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+0.0 points a yeartop 24% of its family
  • the newest year's revenue growth-14.5%bottom 16% of its family
  • three-year growth of capital spending-19.3%bottom 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
1.1/10

Did its newest year beat what its own record pointed to?

bottom 11% of 32 in its family for expectations against reality.

weight 33% of this tense · 11th percentile among 32 sector filers · read for its shareholders

From the record

TMD Energy Limited's newest year against its own record: revenue of $545 million in fiscal 2026 came in 20.1% below the $682 million its prior three years' pace pointed to (bottom 11% of its family); net income of $19 million against a prior three-year average of $2 million (bottom 6%); a net margin of -3.4% against 0.3% before (bottom 17%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-20.1%bottom 11% of its family
  • net income against the prior three years' averagefive times below its prior average or morebottom 6% of its family
  • net margin against its prior average-3.7 pointsbottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton TMDE · research, not advice