NAT Q3 2022 Earnings — Nordic American Tankers Limited Revenue & Financial Results | Market Cap Arena

NATNordic American Tankers Limited

$1B

Q3 2022 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$105M+160.1% YoY

Gross Profit

$20M19.3% margin

Operating Income

$16M15.2% margin

Net Income

$10M9.5% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

+40.0%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$3M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$882M

Total Liabilities

$368M

Stockholders' Equity

$514M

Cash & Equivalents

$37M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$105M	$40M	+160.1%
Gross Profit	$20M	-$26M	+178.9%
Operating Income	$16M	-$30M	+153.7%
Net Income	$10M	-$45M	+122.4%