Toro Corp. (TORO)

Toro Corp. Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	80.63	78.47	111.89	29.26
Revenue Growth (YoY)	52.03%	-29.87%	282.33%	-
Cost of Revenue	25.25	25.23	50.68	23.27
Gross Profit	55.37	53.23	61.2	5.99
Selling, General & Admin	13.49	8.51	4.93	2.74
Other Operating Expenses	0.3	0.29	0.34	0.15
Operating Expenses	21.79	15.38	12.83	6.72
Operating Income	33.59	37.86	48.37	-0.73
Interest Expense	-1.06	-0.87	-0.84	-0.48
Interest & Investment Income	12.12	5.09	0.2	0
Currency Exchange Gain (Loss)	0	-0.02	-0.01	0.02
Other Non Operating Income (Expenses)	-0.09	-0.09	-0.06	-0.03
EBT Excluding Unusual Items	44.56	41.96	47.66	-1.22
Gain (Loss) on Sale of Assets	99.03	99.03	3.22	-
Pretax Income	143.58	140.99	50.89	-1.22
Income Tax Expense	0.31	0.35	0.96	0.21
Net Income	52.46	140.64	49.93	-1.43
Preferred Dividends & Other Adjustments	8.88	6.4	-	-
Net Income to Common	43.57	134.24	49.93	-1.43
Net Income Growth	-61.85%	181.69%	-	-
Shares Outstanding (Basic)	16	15	9	9
Shares Outstanding (Diluted)	49	49	43	9
Shares Change (YoY)	124.48%	14.02%	351.09%	-
EPS (Basic)	2.68	8.69	5.28	-0.15
EPS (Diluted)	0.99	2.87	1.17	-0.15
EPS Growth	-83.79%	145.40%	-	-
Free Cash Flow	23.21	-16.11	40.69	-115.7
Free Cash Flow Per Share	0.47	-0.33	0.95	-12.23
Gross Margin	68.68%	67.84%	54.70%	20.47%
Operating Margin	41.66%	48.24%	43.23%	-2.51%
Profit Margin	54.04%	171.07%	44.62%	-4.89%
Free Cash Flow Margin	28.79%	-20.53%	36.36%	-395.37%
EBITDA	40.21	43.45	54.94	3.1
EBITDA Margin	49.88%	55.37%	49.10%	10.59%
D&A For EBITDA	6.62	5.6	6.57	3.83
EBIT	33.59	37.86	48.37	-0.73
EBIT Margin	41.66%	48.24%	43.23%	-2.51%
Effective Tax Rate	0.22%	0.25%	1.89%	-
Revenue as Reported	80.63	78.47	111.89	29.26

Updated Nov 12, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q