Safe Bulkers, Inc. (SB)

Safe Bulkers 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	284.4	284.4	349.72	329.03	198.16	197.76
Revenue Growth (YoY)	-18.68%	-18.68%	6.29%	66.04%	0.20%	2.37%
Cost of Revenue	110.87	110.87	90.18	81.8	111.67	82.28
Gross Profit	173.53	173.53	259.54	247.23	86.49	115.48
Selling, General & Admin	4.56	4.56	4.08	3.28	2.62	2.59
Other Operating Expenses	64.82	64.82	70.81	52.54	73.39	68.84
Operating Expenses	69.39	69.39	74.89	55.81	76.01	71.43
Operating Income	104.15	104.15	184.65	191.42	10.48	44.05
Interest Expense / Income	24.71	24.71	17.14	14.72	21.23	26.82
Other Expense / Income	2.09	2.09	-5.04	2.35	2.15	1.2
Pretax Income	77.35	77.35	172.55	174.35	-12.91	16.04
Net Income	77.35	77.35	172.55	174.35	-12.91	16.04
Preferred Dividends	8	8	8.98	10.79	12.41	11.7
Net Income Common	69.35	69.35	163.58	163.56	-25.31	4.34
Net Income Growth	-57.60%	-57.60%	0.01%	-	-	-73.37%
Shares Outstanding (Basic)	114	114	121	114	103	102
Shares Outstanding (Diluted)	114	114	121	114	103	102
Shares Change	-5.83%	-5.83%	6.10%	10.82%	0.92%	0.08%
EPS (Basic)	0.61	0.61	1.36	1.44	-0.25	0.04
EPS (Diluted)	0.61	0.61	1.36	1.44	-0.25	0.04
EPS Growth	-55.15%	-55.15%	-5.56%	-	-	-75.00%
Free Cash Flow	-56.12	-56.12	51.7	215.06	12.93	19.04
Free Cash Flow Per Share	-0.49	-0.49	0.43	1.89	0.13	0.19
Dividend Per Share	0.200	0.200	0.200	-	-	-
Gross Margin	61.02%	61.02%	74.21%	75.14%	43.65%	58.39%
Operating Margin	36.62%	36.62%	52.80%	58.18%	5.29%	22.27%
Profit Margin	24.38%	24.38%	46.77%	49.71%	-12.77%	2.20%
Free Cash Flow Margin	-19.73%	-19.73%	14.78%	65.36%	6.53%	9.63%
EBITDA	156.19	156.19	239.21	241.43	62.6	93.16
EBITDA Margin	54.92%	54.92%	68.40%	73.38%	31.59%	47.11%
Depreciation & Amortization	54.13	54.13	49.52	52.36	54.27	50.31
EBIT	102.06	102.06	189.69	189.07	8.33	42.85
EBIT Margin	35.89%	35.89%	54.24%	57.46%	4.20%	21.67%

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).