OceanPal Inc. (SVRN)

OceanPal Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	14.1	25.7	18.96	19.09	1.33
Revenue Growth (YoY)	-45.14%	35.58%	-0.67%	1330.66%	-85.82%
Cost of Revenue	10.9	17.54	13.6	11.44	0.49
Gross Profit	3.2	8.16	5.36	7.65	0.85
Selling, General & Admin	10.4	12.96	5.28	3.08	0.36
Depreciation & Amortization Expenses	5.8	7.2	7.67	4.9	0.35
Other Operating Expenses	18.4	6.05	0.13	-0.01	-
Total Operating Expenses	34.6	26.21	13.08	7.97	0.71
Operating Income	-31.4	-18.05	-7.72	-0.33	0.13
Interest Income	0.7	0.31	0.5	-	-
Other Non-Operating Income (Expense)	-34.5	-0.13	5.24	-	-
Total Non-Operating Income (Expense)	-33.8	0.18	5.75	-	-
Pretax Income	-65.2	-17.86	-1.98	-0.33	0.13
Net Income	-70	-19.73	-6.71	-2.67	0.07
Net Income Attributable to Preferred Dividends	4.8	1.87	4.73	2.35	-0.07
Net Income to Common	-70	-19.73	-6.71	-2.67	0.07
Shares Outstanding (Basic)	0	0	0	0	0
Shares Outstanding (Diluted)	0	0	0	0	0
Shares Change (YoY)	2479.06%	121.37%	2066.46%	153.60%	-
EPS (Basic)	-181.80	-1320.00	-1010.00	-8590.00	1000.00
EPS (Diluted)	-181.80	-1320.00	-1915.00	-8590.00	1000.00
Shares Outstanding	0.33	0.02	0.01	0	0
Free Cash Flow	0	-22.44	-3.55	-3.58	0.67
Free Cash Flow Per Share	-	-1502.72	-526.81	-11503.00	5482.38
Dividends Per Share	-	-	-	2000.000	6666.665
Dividend Growth	-	-	-	-70.00%	-
Gross Margin	22.70%	31.76%	28.27%	40.07%	63.42%
Operating Margin	-222.70%	-70.21%	-40.73%	-1.71%	10.04%
Profit Margin	-462.41%	-69.50%	-10.43%	-1.71%	10.04%
FCF Margin	0.00%	-87.29%	-18.74%	-18.76%	50.45%
EBITDA	-31.4	-10.85	-0.05	4.57	0.49
EBITDA Margin	-222.70%	-42.20%	-0.27%	23.95%	36.58%
EBIT	-31.4	-18.05	-7.72	-0.33	0.13
EBIT Margin	-222.70%	-70.21%	-40.73%	-1.71%	10.04%

Updated Mar 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.