Western Bulk Chartering AS (OSL:WEST)

OSL:WEST Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,270	1,118	1,616	1,488	778.69
Revenue Growth (YoY)	13.60%	-30.83%	8.59%	91.07%	-26.73%
Cost of Revenue	1,244	1,105	1,503	1,374	751.95
Gross Profit	25.82	13.09	112.28	113.68	26.74
Selling, General & Admin	26.6	25.13	47.58	50.72	22.92
Operating Expenses	26.77	25.27	47.72	50.87	23.21
Operating Income	-0.95	-12.18	64.57	62.81	3.52
Interest Expense	-0.27	-0.24	-0.34	-0.44	-0.83
Interest & Investment Income	1.04	1.88	0.74	0.04	0.27
Currency Exchange Gain (Loss)	0.37	0.55	-0.4	-0.86	0.75
Other Non Operating Income (Expenses)	-2.04	-4.08	3.33	23.35	-0.35
EBT Excluding Unusual Items	-1.84	-14.06	67.9	84.9	3.36
Gain (Loss) on Sale of Investments	0.03	-	-	-	0
Gain (Loss) on Sale of Assets	-	-0.02	-0.01	-0.03	-
Pretax Income	-1.81	-14.08	67.9	84.87	3.36
Income Tax Expense	0.94	1.54	1.92	3.85	0.16
Net Income	-2.75	-15.62	65.98	81.03	3.2
Net Income to Common	-2.75	-15.62	65.98	81.03	3.2
Net Income Growth	-	-	-18.57%	2429.69%	-
Shares Outstanding (Basic)	34	34	34	34	28
Shares Outstanding (Diluted)	34	34	34	34	28
Shares Change (YoY)	-	-	-	18.40%	1.92%
EPS (Basic)	-0.08	-0.46	1.96	2.41	0.11
EPS (Diluted)	-0.08	-0.46	1.96	2.41	0.11
EPS Growth	-	-	-18.57%	2036.61%	-
Free Cash Flow	-6.26	-18.45	54.77	97.57	-11.26
Free Cash Flow Per Share	-0.19	-0.55	1.63	2.90	-0.40
Dividend Per Share	-	-	1.430	1.956	-
Dividend Growth	-	-	-26.87%	-	-
Gross Margin	2.03%	1.17%	6.95%	7.64%	3.43%
Operating Margin	-0.07%	-1.09%	4.00%	4.22%	0.45%
Profit Margin	-0.22%	-1.40%	4.08%	5.45%	0.41%
Free Cash Flow Margin	-0.49%	-1.65%	3.39%	6.56%	-1.45%
EBITDA	-0.81	-12.05	64.71	62.96	3.8
EBITDA Margin	-0.06%	-1.08%	4.00%	4.23%	0.49%
D&A For EBITDA	0.14	0.14	0.14	0.15	0.28
EBIT	-0.95	-12.18	64.57	62.81	3.52
EBIT Margin	-0.07%	-1.09%	4.00%	4.22%	0.45%
Effective Tax Rate	-	-	2.83%	4.53%	4.73%

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.