Northern Ocean Ltd.
NTNOF · OTC
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $263,527 | $235,163 | $21,662 | $67,778 |
| % Growth | 12.1% | 985.6% | -68% | – |
| Cost of Goods Sold | $267,054 | $252,974 | $77,643 | $102,200 |
| Gross Profit | -$3,527 | -$17,811 | -$55,981 | -$34,422 |
| % Margin | -1.3% | -7.6% | -258.4% | -50.8% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $7,011 | $7,534 | $7,620 | $10,147 |
| SG&A Expenses | $7,011 | $7,534 | $7,620 | $10,147 |
| Sales & Mktg Exp. | $0 | $0 | $0 | $0 |
| Other Operating Expenses | -$333 | -$1,760 | $358 | $5,441 |
| Operating Expenses | $6,678 | $5,774 | $7,978 | $15,588 |
| Operating Income | -$10,205 | -$23,585 | -$63,959 | -$50,010 |
| % Margin | -3.9% | -10% | -295.3% | -73.8% |
| Other Income/Exp. Net | -$53,052 | -$44,551 | -$28,543 | -$21,656 |
| Pre-Tax Income | -$63,257 | -$68,136 | -$92,502 | -$71,666 |
| Tax Expense | $2,400 | $2,762 | $388 | -$3,067 |
| Net Income | -$65,657 | -$70,898 | -$92,890 | -$11,025 |
| % Margin | -24.9% | -30.1% | -428.8% | -16.3% |
| EPS | -0.23 | -0.39 | -0.8 | -0.17 |
| % Growth | 41% | 51.3% | -370.6% | – |
| EPS Diluted | -0.23 | -0.39 | -0.8 | -0.17 |
| Weighted Avg Shares Out | 283,071 | 182,500 | 115,494 | 63,802 |
| Weighted Avg Shares Out Dil | 283,071 | 182,500 | 115,494 | 63,802 |
| Supplemental Information | – | – | – | – |
| Interest Income | $2,679 | $1,837 | $363 | $5 |
| Interest Expense | $56,300 | $45,992 | $27,855 | $21,009 |
| Depreciation & Amortization | $49,929 | $42,889 | $40,209 | $42,657 |
| EBITDA | $42,972 | $20,745 | -$24,438 | -$9,366 |
| % Margin | 16.3% | 8.8% | -112.8% | -13.8% |