Golden Ocean Group Limited (GOGL)

USD 8.77

(-0.9%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 885.76 Million 1.11 Billion 1.2 Billion 607.94 Million 705.79 Million 656.06 Million
Cost of Revenue 675.88 Million 691.76 Million 675.01 Million 563.89 Million 589.85 Million 498.52 Million
Gross Profit 209.88 Million 421.69 Million 528.16 Million 44.04 Million 115.94 Million 157.54 Million
Operating Expenses 18.67 Million 20.78 Million 20.15 Million 10.75 Million 15.29 Million 11.71 Million
Selling, General and Administrative Expenses 18.67 Million 20.37 Million 18.14 Million 13.72 Million 14.12 Million 14.7 Million
Research and Development Expenses - - - - - -
Other Expenses - 413 Thousand 2 Million -2.96 Million 1.17 Million -4.39 Million
Cost and Expenses 697.15 Million 712.55 Million 695.17 Million 574.65 Million 605.14 Million 510.23 Million
Operating Income 188.61 Million 435.08 Million 513.6 Million 19.77 Million 100.65 Million 145.01 Million
Interest Expense 103.66 Million 56.24 Million 39.9 Million 47.47 Million 59.54 Million 75.1 Million
Income Tax Expense 541 Thousand 379 Thousand 389 Thousand 131 Thousand 237 Thousand 232 Thousand
Earnings before Tax 112.8 Million 462.22 Million 527.6 Million -137.53 Million 37.42 Million 84.76 Million
Net Income 112.26 Million 461.84 Million 527.21 Million -137.66 Million 37.18 Million 84.53 Million
Earnings Per Share Basic 0.56 2.30 2.74 -0.96 0.26 0.59
Earnings Per Share Diluted 0.56 2.30 2.73 -0.96 0.26 0.59
Weighted Average Shares Outstanding 199.92 Million 200.68 Million 192.35 Million 143.56 Million 143.79 Million 144.13 Million
Weighted Average Shares Outstanding (Diluted) 200.48 Million 201.18 Million 192.97 Million 143.56 Million 143.88 Million 144.43 Million
Gross Margin 0.24 0.38 0.44 0.07 0.16 0.24
EBIT Margin 0.37 0.52 0.54 0.22 0.28 0.37
Profit Margin 0.13 0.41 0.44 -0.23 0.05 0.13
EBITDA 326.75 Million 530.74 Million 691.21 Million 21.24 Million 190.81 Million 252.02 Million
Earnings Before Tax Margin 0.21 0.39 0.43 0.03 0.14 0.22

Income Statement Charts