SHIP Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2.58	2.58	3.2	125.02	153.11
Revenue Growth (YoY)	0.08%	-19.39%	-97.44%	-18.34%	141.70%
Cost of Revenue	60.39	51.04	45.81	49.21	54.24
Gross Profit	-57.81	-48.46	-42.61	75.81	98.87
Selling, General & Admin	20.46	23.97	22.15	17.41	13.74
Depreciation & Amortization Expenses	36.16	29.7	28.83	28.3	19.94
Other Operating Expenses	2.37	0.18	8.28	0.42	0.67
Total Operating Expenses	58.99	53.84	59.26	46.13	34.36
Operating Income	43.34	62.57	21.35	29.68	65.91
Interest Income	1.37	2.1	2.44	1.36	0.16
Interest Expense	-21.72	-20.6	-20.69	-15.33	-17.78
Other Non-Operating Income (Expense)	-1.75	-0.6	-0.82	1.5	-6.94
Total Non-Operating Income (Expense)	-22.1	-19.1	-19.07	-12.47	-24.56
Pretax Income	21.24	43.47	2.28	17.21	41.35
Provision for Income Taxes	-	-	-	-0.03	-
Net Income	21.24	43.47	2.28	17.24	41.35
Net Income to Common	21.24	43.47	2.28	17.24	41.35
Net Income Growth	-51.14%	1805.00%	-86.76%	-58.31%	-
Shares Outstanding (Basic)	20	20	18	17	15
Shares Outstanding (Diluted)	21	20	18	18	19
Shares Change (YoY)	3.31%	7.79%	4.29%	-7.58%	472.25%
EPS (Basic)	1.02	2.12	0.12	0.97	2.70
EPS (Diluted)	1.01	2.11	0.12	0.96	2.50
EPS Growth	-52.13%	1658.33%	-87.50%	-61.60%	-
Shares Outstanding	21.11	20.37	19.64	18.19	17.3
Free Cash Flow	17.02	0.93	30.83	-33.17	-116.56
Free Cash Flow Growth	1736.03%	-96.99%	-	-	-
Free Cash Flow Per Share	0.83	0.05	1.67	-1.88	-6.09
Dividends Per Share	0.430	0.635	0.100	0.775	0.250
Dividend Growth	-32.28%	535.00%	-87.10%	210.00%	-
Gross Margin	-2240.50%	-1879.91%	-1332.49%	60.64%	64.58%
Operating Margin	1679.92%	2427.23%	667.57%	23.74%	43.05%
Profit Margin	823.33%	1686.27%	71.36%	13.79%	27.01%
FCF Margin	659.69%	35.96%	964.13%	-26.53%	-76.13%
EBITDA	74.1	88.07	46.03	53.1	83.06
EBITDA Margin	2872.05%	3416.10%	1439.18%	42.47%	54.25%
EBIT	43.34	62.57	21.35	29.68	65.91
EBIT Margin	1679.92%	2427.23%	667.57%	23.74%	43.05%
Effective Tax Rate	0.00%	0.00%	0.00%	-0.16%	0.00%

Updated Feb 19, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q