Pangaea Logistics Solutions Ltd. (PANL)

NASDAQ: PANL · Real-Time Price · USD

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9.01

+0.18 (2.04%)

At close: Feb 11, 2026, 4:00 PM EST

9.04

+0.03 (0.33%)

After-hours: Feb 11, 2026, 6:35 PM EST

PANL 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	595.34	536.54	499.27	699.71	718.1	382.9
Revenue Growth (YoY)	14.22%	7.46%	-28.65%	-2.56%	87.55%	-7.11%
Cost of Revenue	488.23	433.09	400.06	541.28	597.29	327.7
Gross Profit	107.11	103.45	99.21	158.43	120.81	55.2
Selling, General & Admin	30.6	24.63	22.78	20.1	18.97	15.92
Operating Expenses	69.11	55	52.85	49.59	41.94	32.97
Operating Income	38	48.45	46.36	108.83	78.87	22.23
Interest Expense	-25.48	-20.18	-17.49	-22.42	-11.51	-7.83
Interest & Investment Income	1.68	3.02	3.57	0.93	-	-
Other Non Operating Income (Expenses)	2.43	0.47	-2.16	1.49	5.02	0.83
EBT Excluding Unusual Items	16.63	31.77	30.28	88.83	72.37	15.22
Gain (Loss) on Sale of Assets	0.31	-	-1.74	-0.32	-	-0.73
Asset Writedown	-	-	-	-3.01	-	-1.8
Pretax Income	16.94	31.77	28.54	85.51	72.37	12.69
Earnings From Continuing Operations	16.94	31.77	28.54	85.51	72.37	12.69
Minority Interest in Earnings	-1.02	-2.87	-2.21	-6.02	-5.15	-1.34
Net Income	15.92	28.9	26.32	79.49	67.23	11.35
Net Income to Common	15.92	28.9	26.32	79.49	67.23	11.35
Net Income Growth	-26.31%	9.80%	-66.88%	18.24%	492.19%	-2.62%
Shares Outstanding (Basic)	59	45	45	44	44	43
Shares Outstanding (Diluted)	60	46	45	45	45	44
Shares Change (YoY)	30.88%	1.26%	0.92%	0.47%	2.35%	1.27%
EPS (Basic)	0.27	0.64	0.59	1.79	1.53	0.26
EPS (Diluted)	0.27	0.63	0.58	1.76	1.50	0.26
EPS Growth	-43.43%	8.62%	-67.05%	17.33%	476.93%	-3.70%
Free Cash Flow	40.64	-3.74	26.52	98.41	-134.91	17.91
Free Cash Flow Per Share	0.67	-0.08	0.58	2.18	-3.01	0.41
Dividend Per Share	0.300	0.400	0.400	0.300	0.110	0.020
Dividend Growth	-25.00%	-	33.33%	172.73%	450.00%	-80.95%
Gross Margin	17.99%	19.28%	19.87%	22.64%	16.82%	14.42%
Operating Margin	6.38%	9.03%	9.29%	15.55%	10.98%	5.80%
Profit Margin	2.67%	5.39%	5.27%	11.36%	9.36%	2.96%
Free Cash Flow Margin	6.83%	-0.70%	5.31%	14.06%	-18.79%	4.68%
EBITDA	76.5	78.82	76.43	138.32	101.85	39.28
EBITDA Margin	12.85%	14.69%	15.31%	19.77%	14.18%	10.26%
D&A For EBITDA	38.5	30.38	30.07	29.49	22.97	17.06
EBIT	38	48.45	46.36	108.83	78.87	22.23
EBIT Margin	6.38%	9.03%	9.29%	15.55%	10.98%	5.80%
Revenue as Reported	595.34	536.54	499.27	699.71	718.1	382.9

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q