Castor Maritime 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	75.41	66.24	97.52	150.22	102.79	12.49
Revenue Growth (YoY)	-1.35%	-32.07%	-35.08%	46.15%	723.09%	109.25%
Cost of Revenue	41.47	30.97	46.09	44.09	28.29	7.9
Gross Profit	33.94	35.27	51.42	106.12	74.5	4.59
Selling, General & Admin	27.01	18.15	12.85	13.61	8.16	2.06
Other Operating Expenses	0.58	0.58	0.87	0.89	0.45	0.13
Operating Expenses	41.62	33.78	35.8	33.03	19.13	4.14
Operating Income	-7.68	1.49	15.62	73.09	55.36	0.45
Interest Expense	-7.42	-4.86	-10.72	-7.55	-2.17	-2.16
Interest & Investment Income	14.18	15	5.69	1.38	0.07	0.03
Currency Exchange Gain (Loss)	-0.16	-0.16	-0.09	0.11	0.01	-0.03
Other Non Operating Income (Expenses)	0.84	-1.22	-0.54	-0.13	-0.18	-0.03
EBT Excluding Unusual Items	14.1	10.25	9.96	66.9	53.1	-1.73
Gain (Loss) on Sale of Investments	-33.45	-12.05	5.14	0.03	-	-
Gain (Loss) on Sale of Assets	-10.62	15.83	6.38	-	-	-
Other Unusual Items	1.41	1.41	-	-	-	-
Pretax Income	-28.55	15.44	21.48	66.93	53.1	-1.73
Income Tax Expense	0.18	0.13	0.18	0.39	0.29	0.02
Earnings From Continuing Operations	-28.73	15.3	21.3	66.54	52.81	-1.75
Earnings From Discontinued Operations	-	-	17.34	52.02	-0.54	-
Net Income to Company	-28.73	15.3	38.64	118.56	52.27	-1.75
Minority Interest in Earnings	0.51	-0.69	-	-	-	-
Net Income	-28.22	14.62	38.64	118.56	52.27	-1.75
Preferred Dividends & Other Adjustments	-15.52	-19.19	1.66	-	11.77	-
Net Income to Common	-12.69	33.8	36.98	118.56	40.5	-1.75
Net Income Growth	-	-62.17%	-67.41%	126.82%	-	-
Shares Outstanding (Basic)	10	10	10	9	8	1
Shares Outstanding (Diluted)	10	39	22	9	9	1
Shares Change (YoY)	-68.42%	76.48%	132.05%	10.87%	1159.80%	2444.14%
EPS (Basic)	-1.31	3.50	3.86	12.53	4.83	-2.59
EPS (Diluted)	-3.54	0.38	1.74	12.53	4.74	-2.60
EPS Growth	-	-78.31%	-86.11%	164.50%	-	-
Free Cash Flow	-34.69	-30.26	41.97	48.2	-176.58	-37.82
Free Cash Flow Per Share	-3.59	-0.78	1.91	5.09	-20.69	-55.83
Gross Margin	45.01%	53.25%	52.73%	70.65%	72.48%	36.73%
Operating Margin	-10.19%	2.25%	16.02%	48.66%	53.86%	3.62%
Profit Margin	-16.83%	51.03%	37.92%	78.93%	39.40%	-14.04%
Free Cash Flow Margin	-46.01%	-45.68%	43.04%	32.09%	-171.79%	-302.83%
EBITDA	5.44	15.79	37.77	92.04	63.95	2.2
EBITDA Margin	7.21%	23.84%	38.73%	61.27%	62.22%	17.64%
D&A For EBITDA	13.12	14.3	22.14	18.94	8.59	1.75
EBIT	-7.68	1.49	15.62	73.09	55.36	0.45
EBIT Margin	-10.19%	2.25%	16.02%	48.66%	53.86%	3.62%
Effective Tax Rate	-	0.87%	0.83%	0.58%	0.55%	-
Revenue as Reported	75.41	66.24	97.52	150.22	102.79	12.49

Updated Dec 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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