Pangaea Logistics Solutions, Ltd.

PANL · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$537$499$700$718
% Growth7.5%-28.6%-2.6%
Cost of Goods Sold$463$430$571$620
Gross Profit$73$69$129$98
% Margin13.6%13.8%18.4%13.6%
R&D Expenses$0$0$0$0
G&A Expenses$25$23$20$19
SG&A Expenses$25$23$20$19
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$0$2$3$0
Operating Expenses$25$25$23$19
Operating Income$48$45$106$79
% Margin9%8.9%15.1%11%
Other Income/Exp. Net-$14-$16-$13-$6
Pre-Tax Income$35$29$92$72
Tax Expense$0$0$0$0
Net Income$29$26$79$67
% Margin5.4%5.3%11.4%9.4%
EPS0.640.591.791.53
% Growth8.5%-67%17%
EPS Diluted0.630.581.761.5
Weighted Avg Shares Out45454444
Weighted Avg Shares Out Dil46454545
Supplemental Information
Interest Income$3$4$1$0
Interest Expense$20$17$22$12
Depreciation & Amortization$30$30$29$23
EBITDA$82$76$137$107
% Margin15.3%15.2%19.6%14.9%