← NORDIC AMERICAN TANKERS Ltd
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $357.5m |
$297.1m
-16.87%
|
$289.0m
-2.73%
|
$317.2m
+9.76%
|
$354.6m
+11.79%
|
$191.1m
-46.12%
|
$339.3m
+77.60%
|
$391.7m
+15.43%
|
$349.7m
-10.71%
|
$291.7m
-16.60%
|
$331.3m
+13.57%
|
|
| Cost of Revenue | $126.0m |
$142.5m
+13.08%
|
$165.0m
+15.83%
|
$141.8m
-14.09%
|
$121.1m
-14.59%
|
$128.3m
+5.92%
|
$170.5m
+32.94%
|
$129.5m
-24.05%
|
$124.6m
-3.75%
|
$109.9m
-11.85%
|
$234.7m
+113.58%
|
|
| Gross Profit (Calculated) | $231.5m |
$154.7m
-33.17%
|
$124.0m
-19.83%
|
$175.4m
+41.49%
|
$233.5m
+33.10%
|
$62.8m
-73.10%
|
$168.8m
+168.78%
|
$262.2m
+55.30%
|
$225.1m
-14.14%
|
$181.8m
-19.23%
|
— | |
| General and Administrative Expense | $12.3m | $12.6m | $12.7m | $13.5m | $17.6m | $15.6m | $18.8m | $22.9m | $28.8m | $28.1m | $30.6m | |
| Operating expenses: | ||||||||||||
| Operating Costs and Expenses | $80.3m | $87.7m | $80.4m | $66.0m | $66.9m | $67.7m | $63.4m | $60.0m | $62.8m | $66.9m | — | |
| Vessel Operating Expenses | ($80.3m) | ($87.7m) | ($80.4m) | ($66.0m) | ($66.9m) | ($67.7m) | ($63.4m) | ($60.0m) | ($62.8m) | ($66.9m) | — | |
| Operating Income (Loss) | $53.3m |
($175.7m)
-429.37%
|
($38.6m)
+78.02%
|
$32.0m
+182.79%
|
$81.2m
+154.06%
|
($144.5m)
-277.85%
|
$41.9m
+128.98%
|
$127.9m
+205.47%
|
$77.3m
-39.55%
|
$46.3m
-40.05%
|
$68.5m
+47.89%
|
|
| Interest Expense, Debt | — | — | $1.5m | $4.4m | $4.4m | $3.0m | $3.6m | $1.5m | $850k | — | $36.2m | |
| Interest Income | $215k | $347k | $334k | $298k | $96k | $3k | $0 | $1.3m | $731k | $1.6m | $1.5m | |
| Gain (Loss) on Investments | ($46.6m) | ($8.4m) | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | $0 | $0 | — | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | ($98k) | ($644k) | ($14.7m) | ($4.2m) | $255k | ($429k) | $312k | $137k | ($670k) | $118k | — | |
| Interest Expense (non-operating) | $11.2m | $20.5m | $34.5m | $38.4m | $31.5m | $26.4m | $27.1m | $30.5m | $30.7m | $35.8m | $36.2m | |
| Income (Loss) from Equity Method Investments | $0 | — | ($7.7m) | $0 | $0 | $4.7m | $0 | $0 | $0 | $730k | — | |
| Other Expenses | — | — | $13.9m | — | — | — | — | — | — | — | — | |
| Other Income | $0 | — | ($7.7m) | $0 | $0 | $4.7m | $0 | $0 | $0 | $730k | — | |
| Total Other Expenses | ($11.1m) | ($20.8m) | ($48.9m) | ($42.3m) | ($31.1m) | ($26.8m) | ($26.7m) | ($29.1m) | ($30.7m) | ($34.0m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $42.3m | ($196.5m) | ($87.6m) | ($10.3m) | $50.1m | ($171.3m) | $15.1m | $98.8m | $46.6m | $12.3m | $54.4m | |
| Income Tax Expense (Benefit) | $102k | $83k | $79k | $71k | $64k | $59k | $23k | $120k | ($10k) | $48k | $48k | |
| Net Income (Loss) Attributable to Parent | ($4.5m) |
($205.0m)
-4499.84%
|
($95.3m)
+53.50%
|
($10.4m)
+89.14%
|
$50.0m
+583.32%
|
($171.3m)
-442.43%
|
$15.1m
+108.81%
|
$98.7m
+553.67%
|
$46.6m
-52.75%
|
$12.3m
-73.69%
|
$54.3m
+342.64%
|
|
| Earnings Per Share, Basic | ($0.05) | ($1.97) | ($0.67) | ($0.07) | $0.34 | ($1.05) | $0.07 | $0.47 | $0.22 | $0.06 | $0.26 | |
| Earnings Per Share, Diluted | ($0.05) | ($1.97) | ($0.67) | ($0.07) | $0.34 | ($1.05) | $0.07 | $0.47 | $0.22 | $0.06 | $0.26 | |
| Common Stock, Dividends, Per Share, Declared | $1.37 | $0.53 | $0.07 | $0.10 | $0.45 | $0.06 | $0.11 | $0.43 | $0.40 | $0.36 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 92.5m | 103.8m | 142.0m | 142.6m | 149.3m | 162.5m | 202.0m | 208.8m | 209.2m | 211.8m | 211.8m | |
| Basic Average Number of Common Shares Outstanding (in shares) | 92.5m | 103.8m | 142.0m | 142.6m | 149.3m | 162.5m | 202.0m | 208.8m | 209.2m | 211.8m | — | |
| Dilutive Average Number of Common Shares Outstanding (in shares) | 92.5m | 103.8m | 142.0m | 142.6m | 149.3m | 162.5m | 202.0m | 208.8m | 209.9m | 211.8m | — | |
| Weighted Average Number of Shares Outstanding, Diluted | 92.5m | 103.8m | 142.0m | 142.6m | 149.3m | 162.5m | 202.0m | 208.8m | 209.9m | 211.8m | 211.8m | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | — | $19.0m | $0 | $0 | — | — | — | — | — | — | $0 | |
| Voyage Expenses | ($126.0m) | ($142.5m) | ($165.0m) | ($141.8m) | ($121.1m) | ($128.3m) | ($170.5m) | ($129.5m) | ($124.6m) | ($109.9m) | — | |
| Depreciation Expense | ($90.9m) | ($100.7m) | ($60.7m) | ($64.0m) | ($67.8m) | ($68.4m) | ($50.4m) | ($51.4m) | ($56.2m) | ($57.7m) | — | |
| Gain on Disposal of Vessels | — | — | — | — | $0 | $0 | $6.0m | $0 | $0 | $16.6m | — | |
| Other Financial Income (Expense) | ($98k) | ($644k) | ($14.7m) | ($4.2m) | $255k | ($429k) | $312k | $137k | ($670k) | $118k | — |