Performance Shipping Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	79.69	87.45	108.94	75.17	36.49	42.05
Revenue Growth (YoY)	-11.07%	-19.73%	44.92%	106.00%	-13.21%	567.27%
Cost of Revenue	25.69	24	26.22	28.69	31.51	23.64
Gross Profit	54	63.45	82.71	46.48	4.99	18.4
Selling, General & Admin	8.97	8.31	8.04	6.75	5.78	8.22
Operating Expenses	22.71	21.64	22.8	16.07	13.41	14.09
Operating Income	31.29	41.82	59.92	30.42	-8.43	4.31
Interest Expense	-4.57	-3.12	-21.23	-28.16	-1.74	-2.04
Interest & Investment Income	4.18	3.26	3.3	0.28	0.02	0.11
Currency Exchange Gain (Loss)	-0.02	-0	-0.06	0.02	-0.03	-0.04
Other Non Operating Income (Expenses)	-0.06	-0.05	-0.29	-0.1	-0.06	-0.05
EBT Excluding Unusual Items	30.83	41.9	41.63	2.47	-10.24	2.3
Gain (Loss) on Sale of Investments	-	-	-0	-0.01	-	-0.09
Gain (Loss) on Sale of Assets	19.46	-	15.68	9.54	0.14	-
Other Unusual Items	-	-	-0.39	-	-	1.5
Pretax Income	50.28	41.9	56.92	12	-10.11	3.71
Earnings From Continuing Operations	50.28	41.9	56.92	12	-10.11	3.71
Earnings From Discontinued Operations	-	-	-	-	0.4	1.48
Net Income	50.28	41.9	56.92	12	-9.71	5.19
Preferred Dividends & Other Adjustments	-0	-	-	-	-	-
Net Income to Common	50.29	41.9	56.92	12	-9.71	5.19
Net Income Growth	8.14%	-26.40%	374.25%	-	-	-
Shares Outstanding (Basic)	12	12	10	2	0	0
Shares Outstanding (Diluted)	39	39	36	6	0	0
Shares Change (YoY)	-0.52%	10.30%	451.20%	1824.20%	1.63%	72.64%
EPS (Basic)	4.04	3.39	5.43	6.49	-28.97	15.97
EPS (Diluted)	1.34	1.12	1.91	3.02	-28.97	15.74
EPS Growth	-11.12%	-41.73%	-36.68%	-	-	-
Free Cash Flow	-	12.48	56.04	-111.73	-4.91	-50.43
Free Cash Flow Per Share	-	0.32	1.58	-17.33	-14.65	-152.97
Gross Margin	67.77%	72.56%	75.93%	61.84%	13.66%	43.77%
Operating Margin	39.27%	47.82%	55.00%	40.47%	-23.10%	10.25%
Profit Margin	63.10%	47.91%	52.25%	15.97%	-26.60%	12.34%
Free Cash Flow Margin	-	14.27%	51.44%	-148.63%	-13.45%	-119.95%
EBITDA	43.01	54.6	74.14	39.16	-1.03	10.11
EBITDA Margin	53.96%	62.44%	68.05%	52.09%	-2.81%	24.04%
D&A For EBITDA	11.71	12.79	14.22	8.74	7.4	5.8
EBIT	31.29	41.82	59.92	30.42	-8.43	4.31
EBIT Margin	39.27%	47.82%	55.00%	40.47%	-23.10%	10.25%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.