NAT Q3 2023 Earnings — Nordic American Tankers Limited Revenue & Financial Results | Market Cap Arena

NATNordic American Tankers Limited

$1B

Q3 2023 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$78M-25.2% YoY

Gross Profit

$21M26.5% margin

Operating Income

$14M18.4% margin

Net Income

$7M9.5% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

-20.8%

Cash Flow

Operating Cash Flow

$27M

Free Cash Flow

$27M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$836M

Total Liabilities

$303M

Stockholders' Equity

$533M

Cash & Equivalents

$69M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$78M	$105M	-25.2%
Gross Profit	$21M	$20M	+2.5%
Operating Income	$14M	$16M	-9.4%
Net Income	$7M	$10M	-25.2%