Golden Ocean Group Limited
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. Golden Ocean Group Limited's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 20% to $885,767,000. Profit margin reached 13%. Total operating expenses were $18,679,000.

Profit Margin

Golden Ocean Group Limited (NASDAQ:GOGL): Profit margin
2014 96.71M 15.99M 16.54%
2015 189.63M -220.83M -116.46%
2016 257.80M -127.71M -49.54%
2017 460.02M -2.34M -0.51%
2018 656.06M 84.53M 12.88%
2019 705.79M 37.18M 5.27%
2020 607.94M -137.66M -22.65%
2021 1.20B 527.21M 43.82%
2022 1.11B 461.84M 41.48%
2023 885.76M 112.26M 12.67%

GOGL Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
885.76M1.11B1.20B607.94M705.79M656.06M460.02M257.80M189.63M96.71M
Cost of revenue
675.88M691.76M675.01M563.89M589.85M498.52M399.89M312.85M248.19M72.19M
Gross profit
209.88M421.69M528.16M44.04M115.94M157.54M60.13M-55.04M-58.56M24.52M
Operating exp.
Research and development
0000000000
Selling and marketing
600K000000000
Total operating expenses
18.67M20.78M20.15M10.75M15.29M11.71M8.67M14.52M17.19M5.03M
Operating income
188.61M435.08M513.60M19.77M100.65M145.01M50.07M-70.25M-239.14M19.48M
Other income (expenses), net
-75.80M27.13M13.99M-75.87M-63.23M6.46M-52.36M-15.79M14.26M-3.23M
Income before tax
112.80M462.22M527.60M-137.53M37.42M84.76M-2.29M-127.86M-220.65M16.25M
Income tax expense
541K379K389K131K237K232K56K-155K189K258K
Net income
112.26M461.84M527.21M-137.66M37.18M84.53M-2.34M-127.71M-220.83M15.99M
Earnings per share
Basic EPS
0.562.32.74-0.960.260.59-0.01-1.34-7.31.38
Diluted EPS
0.562.32.73-0.960.260.59-0.01-1.34-7.31.38
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