TORM plc (TRMD)

TORM plc Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	1,520	1,443	619.53	747.36	692.61
Revenue Growth (YoY)	5.34%	132.97%	-17.10%	7.90%	9.01%
Cost of Revenue	646.3	661.57	431.41	406.3	440.72
Gross Profit	874.1	781.79	188.12	341.06	251.89
Selling, General & Admin	82.9	55.01	51.54	50.77	47.72
Other Operating Expenses	92.6	125.51	135.08	151.13	-2.15
Operating Expenses	175.5	180.52	186.62	201.91	45.58
Operating Income	698.6	601.27	1.5	139.15	206.31
Interest Expense / Income	60.9	48.79	42.38	49.91	41.88
Other Expense / Income	-14.3	-4.37	-0.14	-0.29	-2.37
Pretax Income	652	556.84	-40.75	89.53	166.81
Income Tax	4	-5.91	1.34	1.42	0.78
Net Income	648	562.75	-42.09	88.11	166.02
Net Income Growth	15.15%	-	-	-46.93%	-
Shares Outstanding (Basic)	84	82	81	75	74
Shares Change	3.43%	1.24%	7.83%	0.71%	19.73%
EPS (Basic)	7.75	6.92	-0.54	1.19	2.24
EPS (Diluted)	7.48	6.80	-0.54	1.19	2.24
EPS Growth	10.00%	-	-	-46.88%	-
Free Cash Flow	461.1	488.58	-261.81	146.41	-151.46
Free Cash Flow Per Share	5.46	5.99	-3.25	1.96	-2.04
Dividend Per Share	7.010	2.040	-	1.050	-
Dividend Growth	243.63%	-	-	-	-
Gross Margin	57.49%	54.16%	30.37%	45.64%	36.37%
Operating Margin	45.95%	41.66%	0.24%	18.62%	29.79%
Profit Margin	42.62%	38.99%	-6.79%	11.79%	23.97%
Free Cash Flow Margin	30.33%	33.85%	-42.26%	19.59%	-21.87%
Effective Tax Rate	0.61%	-1.06%	-	1.58%	0.47%
EBITDA	862.2	744.66	132.49	261.37	318.81
EBITDA Margin	56.71%	51.59%	21.39%	34.97%	46.03%
Depreciation & Amortization	149.3	139.02	130.85	121.92	110.12
EBIT	712.9	605.64	1.64	139.44	208.69
EBIT Margin	46.89%	41.96%	0.26%	18.66%	30.13%

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).