TORM
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. TORM's past years’ income statements indicate that its last revenue has increased compared to the previous period by 5% to $1,520,393,000. The net income raised on $648,265,000 and profit margin reached 43%. Total operating expenses were $180,409,999.
Profit Margin
| 2014 | 1.10B | 79.98M | 7.22% |
|---|---|---|---|
| 2015 | 3.71B | 865.67M | 23.31% |
| 2016 | 4.80B | -1.00B | -20.95% |
| 2017 | 4.07B | 14.93M | 0.37% |
| 2018 | 4.14B | -226.65M | -5.47% |
| 2019 | 692.61M | 166.02M | 23.97% |
| 2020 | 747.35M | 88.11M | 11.79% |
| 2021 | 619.53M | -42.08M | -6.79% |
| 2022 | 1.44B | 562.75M | 38.99% |
| 2023 | 1.52B | 648.26M | 42.64% |
0RG4.L Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.52B | 1.44B | 619.53M | 747.35M | 692.61M | 4.14B | 4.07B | 4.80B | 3.71B | 1.10B |
Cost of revenue | 646.28M | 661.56M | 431.40M | 406.3M | 440.72M | 3.03B | 2.83B | 3.09B | 2.09B | 805.98M |
Gross profit | 874.11M | 781.78M | 188.12M | 341.05M | 251.88M | 1.10B | 1.24B | 1.70B | 1.62B | 301.47M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 180.40M | 181.62M | 188.56M | 204.92M | 48.28M | 1.10B | 1.02B | 2.49B | 646.89M | 196.88M |
Operating income | 648.22M | 593.74M | 6.14M | 149.17M | 91.12M | 33.43M | 250.28M | 548.20M | 980.92M | 104.59M |
Other income (expenses), net | 3.77M | -37.08M | -46.89M | -59.64M | 75.67M | -249.93M | -230.52M | -1.54B | -108.10M | -24.61M |
Income before tax | 652.00M | 556.66M | -40.74M | 89.52M | 166.80M | -216.50M | 19.75M | -1.00B | 872.82M | 79.98M |
Income tax expense | 4.03M | 5.91M | 1.34M | 1.41M | 784K | 10.15M | 4.82M | 5.36M | 7.15M | 0 |
Net income | 648.26M | 562.75M | -42.08M | 88.11M | 166.02M | -226.65M | 14.93M | -1.00B | 865.67M | 79.98M |
Earnings per share | ||||||||||
Basic EPS | 7.48 | 6.8 | -0.54 | 1.19 | 2.24 | -3.13 | 0.24 | -16.03 | 16.49 | 2.46 |
Diluted EPS | 7.48 | 6.8 | -0.54 | 1.19 | 2.24 | -3.1 | 0.24 | -16 | 16.74 | 2.46 |
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