Costamare Bulkers Holdings Limited (CMDB)

CMDB Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	1,195	663.12	316.47
Revenue Growth (YoY)	80.27%	109.54%	-
Cost of Revenue	1,147	710.86	142.27
Gross Profit	48.38	-47.75	174.2
Selling, General & Admin	48.44	41.78	27.08
Operating Expenses	85.82	81.4	66.74
Operating Income	-37.45	-129.15	107.46
Interest Expense	-25.3	-26.51	-18.83
Interest & Investment Income	1.48	2.37	-
Currency Exchange Gain (Loss)	0.01	0.43	-0.18
Other Non Operating Income (Expenses)	-42.26	8.12	-1.13
EBT Excluding Unusual Items	-103.52	-144.74	87.32
Gain (Loss) on Sale of Assets	3.79	-7.63	3.45
Asset Writedown	-	-0.43	-1.69
Other Unusual Items	1.48	5.11	1.36
Pretax Income	-98.26	-147.7	90.45
Net Income	-98.26	-147.7	90.45
Net Income to Common	-98.26	-147.7	90.45
Free Cash Flow	-228.39	-272.73	61.87
Gross Margin	4.05%	-7.20%	55.05%
Operating Margin	-3.13%	-19.48%	33.96%
Profit Margin	-8.22%	-22.27%	28.58%
Free Cash Flow Margin	-19.11%	-41.13%	19.55%
EBITDA	-0.06	-89.53	147.12
EBITDA Margin	-0.01%	-13.50%	46.49%
D&A For EBITDA	37.39	39.62	39.66
EBIT	-37.45	-129.15	107.46
EBIT Margin	-3.13%	-19.48%	33.96%
Revenue as Reported	1,195	663.12	-

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