NAT Q2 2020 Earnings — Nordic American Tankers Limited Revenue & Financial Results | Market Cap Arena

NATNordic American Tankers Limited

$1B

Q2 2020 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$123M+299.9% YoY

Gross Profit

$62M50.4% margin

Operating Income

$58M47.0% margin

Net Income

$49M40.1% margin

EPS (Diluted)

$0.33

QoQ Revenue Growth

-7.2%

Cash Flow

Operating Cash Flow

$82M

Free Cash Flow

$81M

Stock-Based Comp.

$145,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$420M

Stockholders' Equity

$637M

Cash & Equivalents

$113M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$123M	$31M	+299.9%
Gross Profit	$62M	-$1M	+6064.0%
Operating Income	$58M	-$5M	+1271.5%
Net Income	$49M	-$15M	+428.2%

Revenue Segments

Spot Charter

$206M81%

Time Charter

$48M19%