Pangaea Logistics Solutions, Ltd.
PANL · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $536,536 | $499,268 | $699,707 | $718,104 |
| % Growth | 7.5% | -28.6% | -2.6% | – |
| Cost of Goods Sold | $463,461 | $430,131 | $570,770 | $620,266 |
| Gross Profit | $73,075 | $69,137 | $128,937 | $97,839 |
| % Margin | 13.6% | 13.8% | 18.4% | 13.6% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $24,626 | $22,781 | $20,103 | $18,966 |
| SG&A Expenses | $24,626 | $22,781 | $20,103 | $18,966 |
| Sales & Mktg Exp. | $0 | $0 | $0 | $0 |
| Other Operating Expenses | $0 | $1,739 | $3,326 | $0 |
| Operating Expenses | $24,626 | $24,519 | $23,429 | $18,966 |
| Operating Income | $48,449 | $44,617 | $105,508 | $78,872 |
| % Margin | 9% | 8.9% | 15.1% | 11% |
| Other Income/Exp. Net | -$13,576 | -$15,617 | -$13,283 | -$6,499 |
| Pre-Tax Income | $34,873 | $29,000 | $92,225 | $72,374 |
| Tax Expense | $0 | $0 | $0 | $0 |
| Net Income | $28,903 | $26,323 | $79,491 | $67,227 |
| % Margin | 5.4% | 5.3% | 11.4% | 9.4% |
| EPS | 0.64 | 0.59 | 1.79 | 1.53 |
| % Growth | 8.5% | -67% | 17% | – |
| EPS Diluted | 0.63 | 0.58 | 1.76 | 1.5 |
| Weighted Avg Shares Out | 45,392 | 44,774 | 44,399 | 43,997 |
| Weighted Avg Shares Out Dil | 46,046 | 45,475 | 45,060 | 44,849 |
| Supplemental Information | – | – | – | – |
| Interest Income | $3,023 | $3,572 | $932 | $0 |
| Interest Expense | $20,176 | $17,488 | $22,422 | $11,514 |
| Depreciation & Amortization | $30,376 | $30,070 | $29,490 | $22,974 |
| EBITDA | $82,321 | $76,096 | $137,419 | $106,862 |
| % Margin | 15.3% | 15.2% | 19.6% | 14.9% |