NAT Q3 2024 Earnings — Nordic American Tankers Limited Revenue & Financial Results | Market Cap Arena

NATNordic American Tankers Limited

$1B

Q3 2024 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$82M+4.8% YoY

Gross Profit

$22M26.8% margin

Operating Income

$16M19.7% margin

Net Income

$9M10.6% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

-15.9%

Cash Flow

Operating Cash Flow

$35M

Free Cash Flow

$34M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$840M

Total Liabilities

$330M

Stockholders' Equity

$510M

Cash & Equivalents

$40M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$82M	$78M	+4.8%
Gross Profit	$22M	$21M	+6.2%
Operating Income	$16M	$14M	+12.1%
Net Income	$9M	$7M	+16.0%