Toro Corp. Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	54.32	78.47	111.89	29.26
Revenue Growth (YoY)	-56.96%	-29.87%	282.33%	-
Cost of Revenue	25.9	28.68	53.86	25.28
Gross Profit	28.42	49.79	58.02	3.99
Selling, General & Admin	6.63	5.36	2.09	0.89
Other Operating Expenses	-112.57	-92.45	4.34	3.83
Operating Expenses	-105.94	-87.1	6.43	4.72
Operating Income	134.36	136.88	51.59	-0.73
Interest Expense / Income	-1.56	0.96	0.9	0.51
Other Expense / Income	-5.06	-5.07	-0.2	-0.02
Pretax Income	140.99	140.99	50.89	-1.22
Income Tax	0.18	0.35	0.96	0.21
Net Income	140.81	140.64	49.93	-1.43
Preferred Dividends	4.4	3.6	0	0
Net Income Common	136.4	137.04	49.93	-1.43
Net Income Growth	93.88%	174.49%	-	-
Shares Outstanding (Basic)	18	15	9	9
Shares Outstanding (Diluted)	42	49	43	9
Shares Change	-31.91%	14.02%	351.09%	-
EPS (Basic)	8.25	8.69	5.28	-0.15
EPS (Diluted)	2.86	2.87	1.17	-0.15
EPS Growth	83.33%	145.30%	-	-
Free Cash Flow	168.53	156.83	53.33	-115.7
Free Cash Flow Per Share	9.50	10.15	5.64	-12.23
Gross Margin	52.33%	63.45%	51.86%	13.63%
Operating Margin	247.35%	174.44%	46.11%	-2.51%
Profit Margin	251.11%	174.64%	44.62%	-4.89%
Free Cash Flow Margin	310.26%	199.87%	47.66%	-395.37%
Effective Tax Rate	0.13%	0.25%	1.89%	-
EBITDA	145.4	148.79	59.08	3.12
EBITDA Margin	267.66%	189.62%	52.81%	10.65%
Depreciation & Amortization	5.98	6.84	7.29	3.83
EBIT	139.42	141.95	51.79	-0.72
EBIT Margin	256.66%	180.90%	46.29%	-2.45%

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).