INSWInternational Seaways, Inc.

$4B

Q2 2021 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$46M-66.9% YoY

Gross Profit

-$6M-13.2% margin

Operating Income

-$12M-26.0% margin

Net Income

-$19M-40.6% margin

EPS (Diluted)

$-0.50

QoQ Revenue Growth

-1.0%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$22M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$571M

Stockholders' Equity

$947M

Cash & Equivalents

$117M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$46M	$140M	-66.9%
Gross Profit	-$6M	$79M	-107.8%
Operating Income	-$12M	$73M	-116.5%
Net Income	-$19M	$64M	-129.2%

Revenue Segments

Pool Revenue Leases

$26M57%

Time And Bareboat Charter Leases

$12M25%

Voyage Charter Leases

$8M18%

INSW Q2 2021 Earnings — International Seaways, Inc. Revenue & Financial Results | Market Cap Arena