Toro (TORO) Income Statement: Revenue & Earnings

Toro Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Toro Corp. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Revenue & Gross Profit
Revenue	22.39	78.47	15.64	29.26
Cost of Revenue	17.73	14.52	6.61	23.27
Gross Profit	4.67	63.95	9.02	5.99
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00
Selling, General & Administrative	10.20	15.07	2.09	2.74
Operating Expenses	10.22	26.50	2.09	6.72
Operating Income	-5.56	37.45	6.93	-0.73
Other Income/Expense
Interest Income	8.72	3.07	0.00	0.00
Interest Expense	0.23	-0.03	0.01	-0.48
Other Income/Expense	11.07	-100.31	0.00	-0.03
Income
Income Before Tax	5.51	140.99	6.92	-1.22
Income Tax Expense	0.00	0.35	0.00	0.21
Net Income	25.21	140.64	49.93	-1.43
Net Income - Continuous Operations	25.21	11.18	6.92	-1.43
Net Income - Discontinued Operations	19.70	129.46	43.01	0.00
EBITDA	10.64	2.81	8.34	3.10
EBIT	5.74	-0.03	6.93	-0.73
Depreciation & Amortization	4.90	6.98	1.41	3.83
Earnings Per Share
Basic EPS	1.00	9.00	5.00	-
Diluted EPS	1.00	3.00	5.00	-
Basic Shares Outstanding	17.40	15.44	9.46	9.46
Diluted Shares Outstanding	17.40	48.66	9.46	9.46