Name: Pangaea Logistics Solutions, Ltd. (PANL) Financial Statements
Creator: FinSpry

Pangaea Logistics Solutions Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

Scale:

Scroll to see more

Pangaea Logistics Solutions, Ltd. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	536.54	499.27	699.71	718.10	382.90	412.20	372.97
Cost of Revenue	463.46	400.06	570.77	620.27	344.75	0.00	319.56
Gross Profit	73.08	99.21	128.94	97.84	38.14	412.20	53.42
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	24.63	22.78	20.10	18.97	15.92	17.38	16.48
Operating Expenses	24.63	52.85	20.10	18.97	-294.73	-388.94	16.48
Operating Income	48.45	46.36	108.83	78.87	19.70	32.59	36.93
Other Income/Expense
Interest Income	3.02	3.57	0.93	0.00	0.00	0.00	0.00
Interest Expense	20.18	-17.49	22.42	11.51	-7.83	0.00	8.90
Other Income/Expense	0.47	-2.16	-1.84	5.02	-0.25	1.52	-4.05
Income
Income Before Tax	31.77	28.54	85.51	72.37	668.09	17.05	23.98
Income Tax Expense	0.00	0.42	0.44	0.61	0.58	-0.46	0.00
Net Income	28.90	26.32	79.49	67.23	11.35	11.66	17.76
Net Income - Continuous Operations	31.77	28.54	85.51	72.37	0.00	0.00	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	82.32	76.43	137.42	106.86	37.58	44.86	50.50
EBIT	51.95	46.36	107.93	83.89	20.52	26.33	32.88
Depreciation & Amortization	30.38	30.07	29.49	22.97	17.06	18.53	0.00
Earnings Per Share
Basic EPS	1.00	1.00	2.00	2.00	-	-	-
Diluted EPS	1.00	1.00	2.00	2.00	-	-	-
Basic Shares Outstanding	45.39	44.77	44.40	44.00	43.42	42.75	42.25
Diluted Shares Outstanding	46.05	45.48	45.06	44.85	43.82	43.27	42.78