Castor Maritime
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. Castor Maritime's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 63% to $97,515,511. The net income dropped to $38,642,488 and profit margin reached 40%. Total operating expenses were $12,848,768.

Profit Margin

Castor Maritime Inc. (NASDAQ:CTRM): Profit margin
2017 2.01M 878.64K 43.54%
2018 3.96M 980.93K 24.77%
2019 5.96M 1.79M 30.15%
2020 12.48M -1.75M -14.04%
2021 132.04M 40.49M 30.67%
2022 262.10M 118.56M 45.23%
2023 97.51M 38.64M 39.63%

CTRM Income Statement (2017 – 2023)

2023 2022 2021 2020 2019 2018 2017
Revenue
Revenue
97.51M262.10M132.04M12.48M5.96M3.96M2.01M
Cost of revenue
69.04M121.83M66.51M9.93M3.96M2.40M1.45M
Gross profit
28.47M140.26M65.53M2.55M2.00M1.55M559.86K
Operating exp.
Research and development
0000000
Selling and marketing
0000000
Total operating expenses
12.84M16.70M10.01M2.09M723.16K570.88K149.94K
Operating income
22.00M126.77M55.51M-671.64K381.55K987.18K409.92K
Other income (expenses), net
-526.96K-6.87M-2.75M-2.18M706.59K-7.1K468.71K
Income before tax
21.48M119.90M52.76M-1.73M1.08M980.93K878.64K
Income tax expense
177.79K1.34M497.33K21.64K-711.13K14.78K-937.22K
Net income
38.64M118.56M40.49M-1.75M1.79M980.93K878.64K
Earnings per share
Basic EPS
3.8612.534.83-2.5967.584.093.54
Diluted EPS
1.6812.534.75-2.5967.584.093.54
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