Euroseas Ltd. (ESEA)

Euroseas Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	189.36	182.69	93.89	53.3	40.02
Revenue Growth (YoY)	3.65%	94.58%	76.15%	33.18%	16.26%
Cost of Revenue	46.66	49.65	34.46	34.09	27.75
Gross Profit	142.7	133.04	59.43	19.21	12.27
Selling, General & Admin	10.47	9.49	7.79	8.33	6.12
Other Operating Expenses	12.8	16.91	5.91	1.59	4.18
Operating Expenses	23.26	26.4	13.7	9.92	10.29
Operating Income	119.43	106.64	45.73	9.29	1.98
Interest Expense / Income	6.43	5.07	2.78	4.13	3.42
Other Expense / Income	-1.55	-4.68	-0.01	1.13	0.23
Pretax Income	114.55	106.24	42.96	4.04	-1.68
Net Income	114.55	106.24	42.96	4.04	-1.68
Preferred Dividends	0	0	0.6	0.69	1.78
Net Income Common	114.55	106.24	42.36	3.35	-3.46
Net Income Growth	7.82%	150.80%	1165.26%	-	-
Shares Outstanding (Basic)	7	7	7	6	3
Shares Outstanding (Diluted)	7	7	7	6	3
Shares Change	-3.53%	2.81%	21.54%	101.05%	102.29%
EPS (Basic)	16.53	14.79	6.07	0.58	-1.21
EPS (Diluted)	16.52	14.78	6.06	0.58	-1.21
EPS Growth	11.77%	143.89%	944.83%	-	-
Free Cash Flow	27.81	26.95	-21.49	16.39	-52.48
Free Cash Flow Per Share	4.01	3.75	-3.08	2.85	-18.34
Dividend Per Share	2.000	1.500	-	-	-
Dividend Growth	33.33%	-	-	-	-
Gross Margin	75.36%	72.82%	63.30%	36.04%	30.66%
Operating Margin	63.07%	58.37%	48.71%	17.43%	4.94%
Profit Margin	60.49%	58.15%	45.12%	6.28%	-8.64%
Free Cash Flow Margin	14.69%	14.75%	-22.88%	30.74%	-131.12%
EBITDA	143.82	129.84	52.95	14.77	5.92
EBITDA Margin	75.95%	71.07%	56.39%	27.71%	14.79%
Depreciation & Amortization	22.84	18.52	7.2	6.61	4.18
EBIT	120.98	111.32	45.74	8.17	1.74
EBIT Margin	63.89%	60.93%	48.72%	15.32%	4.35%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).