Northern Ocean Ltd.
NTNOF · OTC
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | -$65,657 | -$70,898 | -$92,890 | -$11,025 |
| Dep. & Amort. | $49,929 | $42,889 | $40,209 | $42,657 |
| Deferred Tax | $0 | $0 | $0 | $0 |
| Stock-Based Comp. | $273 | $0 | $0 | $0 |
| Change in WC | -$18,933 | -$37,938 | $1,920 | $19,657 |
| Other Non-Cash | $14,950 | $35,353 | -$2,054 | -$73,098 |
| Operating Cash Flow | -$19,438 | -$30,594 | -$52,815 | -$21,809 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$55,404 | -$48,966 | -$4,679 | -$206 |
| Net Acquisitions | $0 | $0 | $0 | $0 |
| Inv. Purchases | $0 | $0 | $0 | $0 |
| Inv. Sales/Matur. | $0 | $0 | $0 | $0 |
| Other Inv. Act. | $0 | $0 | $0 | $0 |
| Investing Cash Flow | -$55,404 | -$48,966 | -$4,679 | -$206 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $4,891 | $60,171 | $11,778 | $0 |
| Stock Issued | $59,598 | $959 | $103,855 | $0 |
| Stock Repurch. | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 |
| Other Fin. Act. | -$1,250 | $0 | -$830 | $0 |
| Financing Cash Flow | $63,239 | $61,130 | $114,803 | $0 |
| Forex Effect | $0 | $0 | $0 | $0 |
| Net Chg. in Cash | -$11,603 | -$18,430 | $57,309 | -$22,015 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $54,492 | $72,922 | $15,613 | $37,628 |
| End Cash | $42,889 | $54,492 | $72,922 | $15,613 |
| Free Cash Flow | -$74,842 | -$79,560 | -$57,494 | -$22,015 |