Safe Bulkers
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. Safe Bulkers's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 19% to $284,401,000. Profit margin reached 27%. Total operating expenses were $15,257,000.
Profit Margin
| 2014 | 154.09M | 14.63M | 9.5% |
|---|---|---|---|
| 2015 | 127.31M | -47.94M | -37.66% |
| 2016 | 109.77M | -55.96M | -50.98% |
| 2017 | 148.03M | -84.67M | -57.2% |
| 2018 | 193.19M | 27.68M | 14.33% |
| 2019 | 197.76M | -10.77M | -5.45% |
| 2020 | 198.15M | 20.37M | 10.28% |
| 2021 | 329.03M | 174.34M | 52.99% |
| 2022 | 349.71M | 172.55M | 49.34% |
| 2023 | 284.40M | 77.35M | 27.2% |
SB Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 284.40M | 349.71M | 329.03M | 198.15M | 197.76M | 193.19M | 148.03M | 109.77M | 127.31M | 154.09M |
Cost of revenue | 164.99M | 139.69M | 134.16M | 165.93M | 132.59M | 117.95M | 108.15M | 106.68M | 120.45M | 113.14M |
Gross profit | 119.40M | 210.02M | 194.86M | 32.22M | 65.16M | 75.23M | 39.88M | 3.08M | 6.85M | 40.94M |
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 | 15.25M | 25.37M | 22.49M | 21.50M | 21.05M | 19.24M | 16.50M | 14.58M | 14.61M | 13.33M |
Operating income | 104.14M | 132.55M | 116.37M | -45.55M | 44.05M | 55.88M | -69.30M | -31.41M | -32.01M | 26.71M |
Other income (expenses), net | -26.79M | 40.00M | 57.97M | -23.38M | -28.01M | -757K | -15.37M | -20.60M | -15.92M | -12.08M |
Income before tax | 77.35M | 172.55M | 174.34M | -12.90M | 16.03M | 27.68M | -84.67M | -55.96M | -47.94M | 14.63M |
Income tax expense | 0 | -49.51M | -37.64M | -33.27M | 26.81M | 28.20M | 15.37M | 24.55M | 15.92M | 12.08M |
Net income | 77.35M | 172.55M | 174.34M | 20.37M | -10.77M | 27.68M | -84.67M | -55.96M | -47.94M | 14.63M |
Earnings per share | ||||||||||
Basic EPS | 0.61 | 1.36 | 1.44 | 0.2 | -0.11 | 0.27 | -0.84 | -0.66 | -0.57 | 0.06 |
Diluted EPS | 0.61 | 1.36 | 1.44 | 0.2 | -0.11 | 0.27 | -0.84 | -0.66 | -0.57 | 0.06 |
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