NAT Q3 2020 Earnings — Nordic American Tankers Limited Revenue & Financial Results | Market Cap Arena

NATNordic American Tankers Limited

$1B

Q3 2020 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$56M+73.3% YoY

Gross Profit

$2M4.2% margin

Operating Income

-$2M-3.1% margin

Net Income

-$10M-17.9% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

-54.3%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$3M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$989M

Total Liabilities

$359M

Stockholders' Equity

$630M

Cash & Equivalents

$62M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$56M	$32M	+73.3%
Gross Profit	$2M	$178,999	+1210.1%
Operating Income	-$2M	-$3M	+39.6%
Net Income	-$10M	-$14M	+27.1%