Northern Ocean Ltd.

NTNOF · OTC
Analyze with AI
9/30/2025
6/30/2025
3/31/2025
12/31/2024
Revenue$57,366$52,641$57,986$65,324
% Growth9%-9.2%-11.2%
Cost of Goods Sold$63,868$52,799$51,758$63,065
Gross Profit-$6,502-$158$6,228$2,259
% Margin-11.3%-0.3%10.7%3.5%
R&D Expenses$0$0$0$0
G&A Expenses$2,048$1,512$2,606$2,157
SG&A Expenses$2,048$1,512$2,606$2,157
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses-$70$74-$82-$30
Operating Expenses$1,978$1,586$2,524$2,127
Operating Income-$8,480-$1,744$3,704$132
% Margin-14.8%-3.3%6.4%0.2%
Other Income/Exp. Net-$16,980-$12,718-$14,006-$13,532
Pre-Tax Income-$25,460-$14,462-$10,302-$13,400
Tax Expense$428$599$940$425
Net Income-$25,888-$15,061-$11,242-$13,825
% Margin-45.1%-28.6%-19.4%-21.2%
EPS-0.09-0.05-0.037-0.046
% Growth-81.1%-34%18.6%
EPS Diluted-0.09-0.05-0.037-0.046
Weighted Avg Shares Out303,215303,215303,215303,215
Weighted Avg Shares Out Dil303,215303,215303,215303,215
Supplemental Information
Interest Income$324$548$409$599
Interest Expense$15,906$15,211$15,076$15,359
Depreciation & Amortization$16,008$14,234$13,414$13,333
EBITDA$6,454$14,983$18,188$15,292
% Margin11.3%28.5%31.4%23.4%