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	158.1	167.46	110.23	125.02	153.11
Revenue Growth (YoY)	-5.59%	51.91%	-11.83%	-18.34%	141.70%
Cost of Revenue	64.71	54.48	49.27	52.72	55.59
Gross Profit	93.39	112.98	60.97	72.3	97.51
Selling, General & Admin	21.54	24.73	22.85	18.78	15.17
Operating Expenses	52.29	50.22	47.53	42.2	32.33
Operating Income	41.1	62.75	13.44	30.1	65.19
Interest Expense	-21.54	-20.46	-20.5	-15.16	-17.38
Interest & Investment Income	1.37	2.1	2.44	1.36	0.16
Currency Exchange Gain (Loss)	-0.09	0.06	-0.28	-0.01	-0.08
Other Non Operating Income (Expenses)	-0.25	-0.32	-0.38	-0.59	-0.38
EBT Excluding Unusual Items	20.6	44.13	-5.27	15.7	47.51
Gain (Loss) on Sale of Assets	2.31	-	8.09	-	0.7
Other Unusual Items	-1.66	-0.65	-0.54	1.51	-6.86
Pretax Income	21.24	43.47	2.28	17.21	41.35
Income Tax Expense	-	-	-	-0.03	-
Net Income	21.24	43.47	2.28	17.24	41.35
Preferred Dividends & Other Adjustments	0.41	1.53	0.07	0.33	-
Net Income to Common	20.83	41.94	2.21	16.91	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%	1658.44%	-87.49%	-61.63%	-
Free Cash Flow	17.02	0.93	30.83	-33.17	-116.56
Free Cash Flow Per Share	0.83	0.05	1.67	-1.88	-6.09
Dividend Per Share	0.430	0.635	0.100	0.775	0.250
Dividend Growth	-32.28%	535.00%	-87.10%	210.00%	-
Gross Margin	59.07%	67.46%	55.31%	57.83%	63.69%
Operating Margin	26.00%	37.47%	12.20%	24.08%	42.58%
Profit Margin	13.18%	25.05%	2.01%	13.52%	27.01%
Free Cash Flow Margin	10.76%	0.55%	27.97%	-26.53%	-76.13%
EBITDA	71.86	88.24	38.12	53.52	82.34
EBITDA Margin	45.45%	52.70%	34.58%	42.81%	53.78%
D&A For EBITDA	30.76	25.49	24.68	23.42	17.15
EBIT	41.1	62.75	13.44	30.1	65.19
EBIT Margin	26.00%	37.47%	12.20%	24.08%	42.58%
Revenue as Reported	158.1	167.46	110.23	125.02	153.11

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q