Heidmar Maritime Holdings Corp. Reports Results For the Quarter Ended March 31, 2025
1. Heidmar's Q1 2025 revenue dropped to $5.8 million. 2. Net loss of $6.0 million, largely due to decreased vessel management. 3. Freight rates declined, causing asset prices to drop 30-35%. 4. Heidmar is bidding on new vessels and focusing on growth. 5. The business environment remains challenging after MGO acquisition.