OceanPal
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. OceanPal's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 1% to $18,957,000. Profit margin reached -10%. Total operating expenses were $13,260,000.

Profit Margin

OceanPal Inc. (NASDAQ:OP): Profit margin
2019 12.37M 1.18M 9.58%
2020 9.41M -3.79M -40.34%
2021 1.33M 134K 10.04%
2022 19.08M -326K -1.71%
2023 18.95M -1.97M -10.43%

OP Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
18.95M19.08M1.33M9.41M12.37M
Cost of revenue
13.41M10.56M408K9.47M7.13M
Gross profit
5.53M8.52M926K-65.09K5.23M
Operating exp.
Research and development
00000
Selling and marketing
00-469.02K00
Total operating expenses
13.26M8.85M792K3.73M4.05M
Operating income
-7.72M-326K134K-3.79M-1.86M
Other income (expenses), net
5.74M5.99K00-3.04M
Income before tax
-1.97M-326K134K-3.79M-1.86M
Income tax expense
0-4.89M0-1.70M-3.04M
Net income
-1.97M-326K134K-3.79M1.18M
Earnings per share
Basic EPS
-3.9-2.093.04-86.0726.87
Diluted EPS
-3.83-2.092.18-86.0726.87
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