Marine Products Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	251.95	244.42	236.56	383.73	381	298.01
Revenue Growth (YoY)	11.38%	3.32%	-38.35%	0.72%	27.84%	24.26%
Cost of Revenue	205.06	197.64	191.06	293.35	287.28	229.74
Gross Profit	46.89	46.78	45.5	90.38	93.72	68.27
Selling, General & Admin	33.23	32.75	27.38	43.21	41.92	31.88
Other Operating Expenses	4.97	-	-0.14	-2.04	-	-
Total Operating Expenses	38.2	32.75	27.23	41.18	41.92	31.88
Operating Income	8.7	14.03	18.27	49.2	51.8	36.39
Interest Income	1.62	1.74	2.88	2.86	0.34	0.02
Total Non-Operating Income (Expense)	1.62	1.74	2.88	2.86	0.34	0.02
Pretax Income	10.32	15.77	21.14	52.06	52.13	36.41
Provision for Income Taxes	3.2	4.38	3.29	10.37	11.79	7.38
Net Income	7.11	11.38	17.85	41.7	40.35	29.03
Net Income to Common	7.11	11.38	17.85	41.7	40.35	29.03
Net Income Growth	-54.00%	-36.24%	-57.18%	3.34%	39.00%	49.28%
Shares Outstanding (Basic)	34	34	34	34	33	33
Shares Outstanding (Diluted)	34	34	34	34	33	33
Shares Change (YoY)	0.66%	0.72%	0.60%	0.51%	0.38%	0.36%
EPS (Basic)	0.20	0.32	0.50	1.21	1.18	0.85
EPS (Diluted)	0.20	0.32	0.50	1.21	1.18	0.85
EPS Growth	-52.38%	-36.00%	-58.68%	2.54%	38.82%	49.12%
Shares Outstanding	35.23	35	34.71	34.47	34.22	33.99
Free Cash Flow	12.81	14.92	24.93	46.67	46.85	-0.79
Free Cash Flow Growth	-14.19%	-40.14%	-46.59%	-0.38%	-	-
Free Cash Flow Per Share	0.37	0.44	0.74	1.39	1.40	-0.02
Dividends Per Share	0.560	0.560	0.560	0.560	0.520	0.480
Dividend Growth	-	-	-	7.69%	8.33%	41.18%
Gross Margin	18.61%	19.14%	19.23%	23.55%	24.60%	22.91%
Operating Margin	3.45%	5.74%	7.72%	12.82%	13.59%	12.21%
Profit Margin	2.82%	4.66%	7.55%	10.87%	10.59%	9.74%
FCF Margin	5.08%	6.11%	10.54%	12.16%	12.30%	-0.27%
EBITDA	11.83	17.17	21.05	51.62	53.7	38.21
EBITDA Margin	4.70%	7.02%	8.90%	13.45%	14.09%	12.82%
EBIT	8.7	14.03	18.27	49.2	51.8	36.39
EBIT Margin	3.45%	5.74%	7.72%	12.82%	13.59%	12.21%
Effective Tax Rate	31.06%	27.80%	15.56%	19.91%	22.61%	20.28%

Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q