Nordic American Tankers Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Nordic American Tankers Limited income statement - Annual data in millions USD
BreakdownFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period EndingDec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Revenue & Gross Profit
Revenue349.74391.69339.34191.08354.62317.22289.02
Cost of Revenue243.61240.91233.95264.29-121.09-141.77306.12
Gross Profit106.14150.78105.40-73.22166.65109.42-17.10
Operating Expenses
Research & Development0.000.000.000.000.000.000.00
Selling, General & Administrative28.8322.8918.8015.6217.5913.4812.73
Operating Expenses28.8322.8969.2210.94-66.88-66.0312.73
Operating Income77.31127.8936.18-84.1581.2331.97-29.83
Other Income/Expense
Interest Income0.731.300.270.000.100.000.33
Interest Expense29.8929.04-27.0623.39-31.480.0029.75
Other Income/Expense-30.680.140.05-60.31-0.264.16-8.79
Income
Income Before Tax46.6398.8315.12-171.2750.10-10.28-87.56
Income Tax Expense-0.010.120.020.060.060.070.08
Net Income46.6498.7115.10-171.3350.03-10.35-95.31
Net Income - Continuous Operations46.6498.7115.10-171.330.000.000.00
Net Income - Discontinued Operations0.000.000.000.000.000.000.00
EBITDA132.67179.2786.60-79.53153.7796.372.89
EBIT76.52127.8736.18-147.8881.5828.11-57.81
Depreciation & Amortization56.1551.4050.4268.3567.830.000.00
Earnings Per Share
Basic EPS----1.00---1.00
Diluted EPS----1.00---1.00
Basic Shares Outstanding209.23208.80202.03162.55149.29142.57141.97
Diluted Shares Outstanding209.23208.80202.03162.55149.29142.57141.97