Safe Bulkers, Inc. (SB)

Income Statement (Annual)

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

Millions USD. Fiscal year is Jan - Dec.

Year	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	329.03	198.16	197.76	193.19	148.03	109.77	127.32	154.09	186.72	184.3
Revenue Growth (YoY)	66.05%	0.20%	2.37%	30.51%	34.85%	-13.78%	-17.38%	-17.47%	1.32%	9.11%
Cost of Revenue	81.8	111.67	82.28	69.89	56.73	57.2	73.33	70.06	52.17	41.83
Gross Profit	247.23	86.49	115.48	123.3	91.31	52.57	53.99	84.03	134.55	142.47
Selling, General & Admin	3.28	2.62	2.59	2.71	2.61	3.77	14.62	13.33	11.36	9.95
Other Operating Expenses	52.54	73.39	68.84	64.71	158	80.22	71.39	43.98	30.34	20.57
Operating Expenses	55.81	76.01	71.43	67.41	160.61	83.99	86.01	57.32	41.7	30.52
Operating Income	191.42	10.48	44.05	55.89	-69.3	-31.41	-32.02	26.72	92.85	111.95
Interest Expense / Income	14.72	21.23	26.82	25.71	23.22	17.84	11.41	8.34	9.09	9.07
Other Expense / Income	2.35	2.15	1.2	2.49	-7.85	6.71	4.52	3.75	0.5	6.76
Pretax Income	174.35	-12.91	16.04	27.68	-84.68	-55.97	-47.94	14.63	83.26	96.12
Net Income	174.35	-12.91	16.04	27.68	-84.68	-55.97	-47.94	14.63	83.26	96.12
Preferred Dividends	10.79	12.41	11.7	11.38	14.46	14.03	14.2	9.39	1.79	0
Net Income Common	163.56	-25.31	4.34	16.3	-99.14	-69.99	-62.14	5.24	81.47	96.12
Net Income Growth	-	-	-73.37%	-	-	-	-	-93.56%	-15.24%	7.12%
Shares Outstanding (Basic)	114	103	102	102	101	85	83	83	77	75
Shares Outstanding (Diluted)	114	103	102	102	101	85	83	83	77	75
Shares Change	10.81%	0.92%	0.08%	0.66%	19.41%	1.25%	0.04%	7.68%	2.69%	8.64%
EPS (Basic)	1.44	-0.25	0.04	0.16	-0.98	-0.83	-0.74	0.06	1.05	1.27
EPS (Diluted)	1.44	-0.25	0.04	0.16	-0.98	-0.83	-0.74	0.06	1.05	1.27
EPS Growth	-	-	-75.00%	-	-	-	-	-94.29%	-17.32%	-1.55%
Free Cash Flow Per Share	1.89	0.13	0.19	0.39	0.11	-0.19	-1.17	-1.23	-0.24	-0.42
Dividend Per Share	-	-	-	-	-	-	0.040	0.220	0.210	0.500
Dividend Growth	-	-	-	-	-	-	-81.82%	4.76%	-58.00%	-16.67%
Gross Margin	75.10%	43.60%	58.40%	63.80%	61.70%	47.90%	42.40%	54.50%	72.10%	77.30%
Operating Margin	58.20%	5.30%	22.30%	28.90%	-46.80%	-28.60%	-25.10%	17.30%	49.70%	60.70%
Profit Margin	49.70%	-12.80%	2.20%	8.40%	-67.00%	-63.80%	-48.80%	3.40%	43.60%	52.20%
Free Cash Flow Margin	65.40%	6.50%	9.60%	20.50%	7.20%	-14.50%	-77.00%	-66.60%	-9.80%	-17.20%
EBITDA	241.43	62.6	93.16	101.46	-10.03	11.36	10.6	66.05	129.74	137.44
EBITDA Margin	73.40%	31.60%	47.10%	52.50%	-6.80%	10.30%	8.30%	42.90%	69.50%	74.60%
Depreciation & Amortization	52.36	54.27	50.31	48.07	51.42	49.49	47.13	43.08	37.39	32.25
EBIT	189.07	8.33	42.85	53.4	-61.46	-38.13	-36.54	22.97	92.34	105.19
EBIT Margin	57.50%	4.20%	21.70%	27.60%	-41.50%	-34.70%	-28.70%	14.90%	49.50%	57.10%

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).