NAT FY 2021 Earnings — Nordic American Tankers Limited Revenue & Financial Results | Market Cap Arena

NATNordic American Tankers Limited

$1B

FY 2021 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$196M-44.8% YoY

Gross Profit

-$69M-35.0% margin

Operating Income

-$84M-43.0% margin

Net Income

-$119M-61.0% margin

EPS (Diluted)

$-0.74

Cash Flow

Operating Cash Flow

-$44M

Free Cash Flow

-$62M

Stock-Based Comp.

$339,000

Balance Sheet

Total Assets

$851M

Total Liabilities

$353M

Stockholders' Equity

$498M

Cash & Equivalents

$35M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$196M	$355M	-44.8%
Gross Profit	-$69M	$99M	-169.4%
Operating Income	-$84M	$81M	-203.6%
Net Income	-$119M	$50M	-338.7%