NAT Q2 2019 Earnings — Nordic American Tankers Limited Revenue & Financial Results | Market Cap Arena

NATNordic American Tankers Limited

$1B

Q2 2019 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$31M+13.5% YoY

Gross Profit

-$1M-3.4% margin

Operating Income

-$5M-16.1% margin

Net Income

-$15M-48.9% margin

EPS (Diluted)

$-0.11

QoQ Revenue Growth

-42.8%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$22M

Stock-Based Comp.

$200,000

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$445M

Stockholders' Equity

$583M

Cash & Equivalents

$42M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$31M	$27M	+13.5%
Gross Profit	-$1M	-$11M	+90.4%
Operating Income	-$5M	-$14M	+64.0%
Net Income	-$15M	-$27M	+44.9%

Revenue Segments

Spot Charter

$139M90%

Time Charter

$16M10%