NAT Q2 2021 Earnings — Nordic American Tankers Limited Revenue & Financial Results | Market Cap Arena

NATNordic American Tankers Limited

$1B

Q2 2021 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$52M-57.3% YoY

Gross Profit

-$18M-34.8% margin

Operating Income

-$22M-41.5% margin

Net Income

-$29M-54.8% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

+9.2%

Cash Flow

Operating Cash Flow

-$6M

Free Cash Flow

-$7M

Stock-Based Comp.

$135,000

Balance Sheet

Total Assets

$930M

Total Liabilities

$367M

Stockholders' Equity

$563M

Cash & Equivalents

$34M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$52M	$123M	-57.3%
Gross Profit	-$18M	$62M	-129.5%
Operating Income	-$22M	$58M	-137.7%
Net Income	-$29M	$49M	-158.3%

Revenue Segments

Spot Charter

$92M92%

Time Charter

$8M8%