NAT Q1 2022 Earnings — Nordic American Tankers Limited Revenue & Financial Results | Market Cap Arena

NATNordic American Tankers Limited

$1B

Q1 2022 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$49M+2.6% YoY

Gross Profit

-$14M-28.5% margin

Operating Income

-$20M-39.9% margin

Net Income

-$27M-54.8% margin

EPS (Diluted)

$-0.14

QoQ Revenue Growth

-10.5%

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$26M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$829M

Total Liabilities

$337M

Stockholders' Equity

$492M

Cash & Equivalents

$37M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$49M	$48M	+2.6%
Gross Profit	-$14M	-$15M	+4.7%
Operating Income	-$20M	-$18M	-6.9%
Net Income	-$27M	-$25M	-7.8%