HARBOR DIVERSIFIED, INC. (HRBR)

1.56 0 (0%)

As of 2026-02-05 16:00:00 EST

Air Wisconsin Airlines is a charter airline based at Appleton International Airport in the town of Greenville, Wisconsin near Appleton, Wisconsin. The company began operations in 1965 and became a United Express feeder carrier on behalf of United Airlines in 1985. The partnership with United ended in 2005 at which time the airline became a feeder for US Airways, operating as US Airways Express. When US Airways merged into American Airlines in 2015, Air Wisconsin became an American Eagle affiliate. From March 2018 to April 2023, Air Wisconsin returned to operating as a United Express carrier, with hubs at Chicago–O'Hare International Airport (ORD) and Washington–Dulles. In April 2023, it shifted back once again to operating only for American Eagle. The agreement with American concluded on April 3, 2025, after which the airline has been in transition to only flying charter and Essential Air Service subsidized flights. As of January 2026, Air Wisconsin has been flying shackled migrants for ICE, with flights to Alexandria, LA and El Paso, TX.

Traded asOTC: HRBR
ISINUS41150R1023
CIK0000899394
LEI
EIN133697002
Sector
IndustryAir Transportation, Scheduled
CEORobert Binns
Employees
Fiscal Year End1231
Address5601 W. GRANDE MARKET DRIVE, APPLETON, WI, 54913
Phone(920) 749-4188
Websitehttp://www.airwis.com
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
HRBRHARBOR DIVERSIFIED, INC.2026-02-05 16:00:001.5600
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
HRBR0000899394HARBOR DIVERSIFIED, INC.US41150R1023133697002OTC4512Air Transportation, Scheduled1231DE5601 W. GRANDE MARKET DRIVEAPPLETONWI54913UNITED STATESUS(920) 749-41885601 W. GRANDE MARKET DRIVE, APPLETON, WI, 549135601 W. GRANDE MARKET DRIVE, APPLETON, WI, 54913Harbor BioSciences, Inc.1963-11-18Robert Binnshttp://www.airwis.com53,400,00071,981,14058,429,836Air Wisconsin Airlines is a charter airline based at Appleton International Airport in the town of Greenville, Wisconsin near Appleton, Wisconsin. The company began operations in 1965 and became a United Express feeder carrier on behalf of United Airlines in 1985. The partnership with United ended in 2005 at which time the airline became a feeder for US Airways, operating as US Airways Express. When US Airways merged into American Airlines in 2015, Air Wisconsin became an American Eagle affiliate. From March 2018 to April 2023, Air Wisconsin returned to operating as a United Express carrier, with hubs at Chicago–O'Hare International Airport (ORD) and Washington–Dulles. In April 2023, it shifted back once again to operating only for American Eagle. The agreement with American concluded on April 3, 2025, after which the airline has been in transition to only flying charter and Essential Air Service subsidized flights. As of January 2026, Air Wisconsin has been flying shackled migrants for ICE, with flights to Alexandria, LA and El Paso, TX.2026-02-12 23:06:18
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HRBR Stock Price (End-of-Day)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
202353,400,000-2,000,000-3.610158,534,30913,722,89030.6236
202255,400,000-8,900,000-13.841444,811,419-2,343,878-4.9706
202164,300,00062,557,0003,589.041947,155,297-7,708,008-14.0495
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Dwight R. StickneyChief Medical Officer2010371,39402397,998464,502
Robert W. WeberChief Financial Officer2010235,000023917,148337,258
Dr. James M. FrinckeChief Executive Officer2010325,000057417,738526,080
Dr. Christopher L. ReadingChief Scientific Officer2010270,50802398,251363,869
Richard B. HollisChief Executive Officer, Chairman Of The Board2009121,76001,86044,386168,006
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Employee Count
Fiscal YearEmployee Count
20231,008
20221,085
20211,212
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Income Statements
Fiscal Year202320222021
Revenue199,205,000280,863,000247,579,000
Cost Of Revenue
Gross Profit
Research And Development Expenses
General And Administrative Expenses
Operating Expenses236,076,000224,997,000142,410,000
Operating Income-36,871,00055,866,000105,169,000
Net Income-15,985,00039,110,00092,626,000
Earnings Per Share Basic-0.390.831.69
Earnings Per Share Diluted-0.390.611.29
Weighted Average Shares Outstanding Basic44,043,17546,35954,321
Weighted Average Shares Outstanding Diluted44,043,17562,95771,249
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Balance Sheet Statements
Fiscal Year202320222021
Cash And Cash Equivalents20,776,00033,333,00037,170,000
Marketable Securities Current153,827,000138,370,000
Accounts Receivable5,592,00040,341,0007,422,000
Inventories
Non Trade Receivables1,024,000
Other Assets Current2,115,0003,732,0004,174,000
Total Assets Current127,659,000256,256,000194,303,000
Marketable Securities Non Current4,275,0004,275,0004,275,000
Property Plant And Equipment75,806,000102,259,000124,659,000
Other Assets Non Current32,839,00024,132,00080,439,000
Total Assets Non Current108,645,000126,391,000205,098,000
Total Assets236,304,000382,647,000399,401,000
Accounts Payable12,385,00020,165,00020,060,000
Deferred Revenue100,0001,985,00043,890,000
Short Term Debt09,154,0005,880,000
Other Liabilities Current
Total Liabilities Current28,985,00066,082,00090,037,000
Long Term Debt061,222,00067,550,000
Other Liabilities Non Current2,007,0001,977,0002,722,000
Total Liabilities Non Current17,475,00072,159,00090,604,000
Total Liabilities46,460,000138,241,000180,641,000
Common Stock555,000555,000555,000
Retained Earnings-88,719,000-40,034,000-79,144,000
Accumulated Other Comprehensive Income
Total Shareholders Equity176,644,000231,206,000205,560,000
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Cash Flow Statements
Fiscal Year202320222021
Depreciation And Amortization25,523,00026,327,00026,552,000
Share Based Compensation Expense
Other Non Cash Income Expense523,000-181,000298,000
Change In Accounts Receivable-5,636,00032,919,000-2,294,000
Change In Inventories
Change In Non Trade Receivables0-28,116,00015,128,000
Change In Other Assets
Change In Accounts Payable-7,780,000105,0008,287,000
Change In Other Liabilities
Cash From Operating Activities-12,027,00045,034,00094,213,000
Purchases Of Marketable Securities35,132,00024,283,000267,157,000
Sales Of Marketable Securities99,863,000
Acquisition Of Property Plant And Equipment4,487,0005,513,0003,637,000
Acquisition Of Business
Other Investing Activities
Cash From Investing Activities60,271,000-29,732,000-143,135,000
Tax Withholding For Share Based Compensation
Payments Of Dividends1,328,000792,000792,000
Issuance Of Common Stock
Repurchase Of Common Stock4,549,00011,703,0002,799,000
Issuance Of Long Term Debt
Repayment Of Long Term Debt55,018,0006,275,00040,061,000
Other Financing Activities
Cash From Financing Activities-60,895,000-19,739,000-43,652,000
Change In Cash-12,651,000-4,437,000-92,574,000
Cash At End Of Period20,776,00033,333,00037,170,000
Income Taxes Paid2,471,0007,925,00033,956,000
Interest Paid2,083,0002,375,0003,337,000
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Key Metrics
Fiscal Year202320222021
Earnings Per Share-0.390.831.69
Price To Earnings Ratio-5.23082.56631.2189
Earnings Growth Rate-146.988-50.8876138.0282
Price Earnings To Growth Ratio0.0356-0.05040.0088
Book Value Per Share4.31045,272.02924,027.1718
Price To Book Ratio0.47330.00040.0005
Ebitda12,024,00073,365,000153,981,000
Enterprise Value69,072,07737,141,744.6736,371,901.26
Dividend Yield0.01488.02077.0777
Dividend Payout Ratio-0.08310.02030.0086
Debt To Equity Ratio00.30440.3572
Capital Expenditures-930,0003,927,0001,820,000
Free Cash Flow-11,097,00041,107,00092,393,000
Return On Equity-0.09050.16920.4506
One Year Beta0.05370.11911.3938
Three Year Beta0.3579-0.08310.0391
Five Year Beta0.08690.04850.0832
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
FRINCKE JAMES MDirector, CEO2011-10-2825,000A994,672
FRINCKE JAMES MDirector, CEO2011-10-2725,000A969,672
FRINCKE JAMES MDirector, CEO2011-10-1825,000A944,672
WEBER ROBERT WChief Financial Officer2010-01-29100,000A100,000
STICKNEY DWIGHTChief Medical Officer2010-01-29100,000A100,000
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
Williams Jones Wealth Management, LLC.2025-12-3133,00020,0001.65
Williams Jones Wealth Management, LLC.2025-09-3018,00020,0000.9
Williams Jones Wealth Management, LLC.2025-06-309,80020,0000.49
Williams Jones Wealth Management, LLC.2025-03-3110,20020,0000.51
Williams Jones Wealth Management, LLC.2024-12-3118,40020,0000.92
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
FRANK FUNDS2023-03-31INVESTOR CLASSFRNKX132,250261,8551.14
FRANK FUNDS2023-03-31CLASS CFNKCX132,250261,8551.14
FRANK FUNDS2023-03-31INSTITUTIONAL CLASSFNKIX132,250261,8551.14
FRANK FUNDS2022-12-31INVESTOR CLASSFRNKX132,250281,692.51.46
FRANK FUNDS2022-12-31CLASS CFNKCX132,250281,692.51.46
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