Himalaya 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
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
Revenue	119.38	123.58	36.74	-	-
Revenue Growth (YoY)	6.29%	236.40%	-	-	-
Cost of Revenue	29.35	25.45	9.15	-	-
Gross Profit	90.03	98.13	27.59	-	-
Selling, General & Admin	4.63	5.03	3.85	1.97	1.39
Operating Expenses	33.81	31.51	12.96	1.97	1.39
Operating Income	56.22	66.62	14.63	-1.97	-1.39
Interest Expense	-51.94	-46.64	-13.6	-	-
Interest & Investment Income	0.97	1.07	0.83	0.04	-
Earnings From Equity Investments	-0.01	-0.01	-	-	-
Other Non Operating Income (Expenses)	0.01	0.01	-0.34	-0.02	-
Pretax Income	5.26	21.06	1.51	-1.95	-1.39
Income Tax Expense	0.01	0.01	-	-	-
Net Income	5.24	21.04	1.51	-1.95	-1.39
Net Income to Common	5.24	21.04	1.51	-1.95	-1.39
Net Income Growth	-78.69%	1289.96%	-	-	-
Shares Outstanding (Basic)	45	44	39	32	18
Shares Outstanding (Diluted)	45	44	39	32	18
Shares Change (YoY)	4.70%	13.62%	20.19%	75.54%	-
EPS (Basic)	0.12	0.48	0.04	-0.06	-0.08
EPS (Diluted)	0.11	0.48	0.04	-0.06	-0.08
EPS Growth	-80.60%	1123.58%	-	-	-
Free Cash Flow	37.49	-257.21	-406.58	-79.64	-92.42
Free Cash Flow Per Share	0.83	-5.86	-10.52	-2.48	-5.05
Gross Margin	75.41%	79.40%	75.10%	-	-
Operating Margin	47.10%	53.91%	39.81%	-	-
Profit Margin	4.39%	17.03%	4.12%	-	-
Free Cash Flow Margin	31.40%	-208.14%	-1106.76%	-	-
EBITDA	85.4	93.1	23.74	-	-
EBITDA Margin	71.53%	75.33%	64.63%	-	-
D&A For EBITDA	29.17	26.47	9.12	-	-
EBIT	56.22	66.62	14.63	-1.97	-1.39
EBIT Margin	47.10%	53.91%	39.81%	-	-
Effective Tax Rate	0.21%	0.05%	-	-	-
Revenue as Reported	119.38	123.58	36.74	-	-

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