Nordic American Tankers Limited

NAT · NYSE
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$349,742$391,687$339,340$195,759
% Growth-10.7%15.4%73.3%
Cost of Goods Sold$243,606$240,907$284,366$264,291
Gross Profit$106,136$150,780$54,974-$68,532
% Margin30.3%38.5%16.2%-35%
R&D Expenses$0$0$0$0
G&A Expenses$0$0$0$0
SG&A Expenses$28,825$22,890$18,798$15,620
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$0$0$0$0
Operating Expenses$28,825$22,890$18,798$15,620
Operating Income$77,311$127,890$36,176-$84,152
% Margin22.1%32.7%10.7%-43%
Other Income/Exp. Net-$30,678-$29,059-$21,052-$35,271
Pre-Tax Income$46,633$98,831$15,124-$119,423
Tax Expense-$10$120$23$0
Net Income$46,643$98,711$15,101-$119,423
% Margin13.3%25.2%4.5%-61%
EPS0.220.470.075-0.74
% Growth-53.2%528.3%110.1%
EPS Diluted0.220.470.075-0.74
Weighted Avg Shares Out209,228208,796202,033162,550
Weighted Avg Shares Out Dil209,898208,811202,033162,550
Supplemental Information
Interest Income$731$1,302$0$0
Interest Expense$30,739$30,498$27,055$26,377
Depreciation & Amortization$56,151$51,397$50,421$68,352
EBITDA$133,523$180,726$92,600-$24,694
% Margin38.2%46.1%27.3%-12.6%