NAT Q2 2023 Earnings — Nordic American Tankers Limited Revenue & Financial Results | Market Cap Arena

NATNordic American Tankers Limited

$1B

Q2 2023 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$99M+32.3% YoY

Gross Profit

$39M39.5% margin

Operating Income

$34M34.5% margin

Net Income

$27M27.1% margin

EPS (Diluted)

$0.13

QoQ Revenue Growth

-18.4%

Cash Flow

Operating Cash Flow

$48M

Free Cash Flow

$48M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$882M

Total Liabilities

$330M

Stockholders' Equity

$552M

Cash & Equivalents

$96M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$99M	$75M	+32.3%
Gross Profit	$39M	$6M	+608.9%
Operating Income	$34M	$2M	+1809.7%
Net Income	$27M	-$4M	+778.0%