Global Ship Lease, Inc. (GSL)

Global Ship Lease Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	695.07	674.8	645.65	447.95	282.81	261.1
Revenue Growth (YoY)	6.72%	4.51%	44.13%	58.39%	8.32%	66.20%
Cost of Revenue	207.69	202.8	188.6	143.4	113.99	96.81
Gross Profit	487.38	471.99	457.05	304.55	168.83	164.29
Selling, General & Admin	18.52	18.22	18.53	13.24	8.35	8.82
Other Operating Expenses	113.64	110.56	84.34	53.79	55.72	43.91
Operating Expenses	132.16	128.77	102.86	67.03	64.07	52.73
Operating Income	355.22	343.22	354.19	237.52	104.76	111.57
Interest Expense / Income	44.17	44.82	75.29	69.23	65.35	74.99
Other Expense / Income	-11.19	-6.55	-13.98	-3.26	-2.21	-3.27
Pretax Income	322.23	304.95	292.88	171.55	41.61	39.84
Income Tax	0.45	0.45	-0.05	0.06	0.05	0
Net Income	321.79	304.5	292.93	171.5	41.56	39.84
Preferred Dividends	9.54	9.54	9.54	8.26	4	3.08
Net Income Common	312.25	294.96	283.39	163.23	37.57	36.76
Net Income Growth	8.49%	4.08%	73.61%	334.50%	2.21%	-
Shares Outstanding (Basic)	35	35	37	35	18	12
Shares Outstanding (Diluted)	-	-	37	36	18	12
Shares Change	-3.33%	-5.48%	4.78%	100.02%	49.09%	60.04%
EPS (Basic)	-	-	7.74	4.65	1.23	1.48
EPS (Diluted)	-	-	7.62	4.60	1.22	1.48
EPS Growth	-	-	65.65%	277.05%	-17.57%	-
Free Cash Flow	235.45	228.48	318.25	-207.17	64.84	-5.72
Free Cash Flow Per Share	6.68	6.50	8.70	-5.90	3.67	-0.48
Dividend Per Share	1.500	1.500	1.375	0.750	-	-
Dividend Growth	0%	9.09%	83.33%	-	-	-
Gross Margin	70.12%	69.95%	70.79%	67.99%	59.70%	62.92%
Operating Margin	51.11%	50.86%	54.86%	53.02%	37.04%	42.73%
Profit Margin	44.92%	43.71%	43.89%	36.44%	13.28%	14.08%
Free Cash Flow Margin	33.87%	33.86%	49.29%	-46.25%	22.93%	-2.19%
Effective Tax Rate	0.14%	0.15%	-0.02%	0.03%	0.12%	0.01%
EBITDA	455	433.42	408.31	256.91	153.4	160.68
EBITDA Margin	65.46%	64.23%	63.24%	57.35%	54.24%	61.54%
Depreciation & Amortization	88.59	83.65	40.15	16.13	46.44	45.85
EBIT	366.41	349.77	368.16	240.78	106.97	114.84
EBIT Margin	52.72%	51.83%	57.02%	53.75%	37.82%	43.98%

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).