NAT Q4 2019 Earnings — Nordic American Tankers Limited Revenue & Financial Results | Market Cap Arena

NATNordic American Tankers Limited

$1B

Q4 2019 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$59M-31.8% YoY

Gross Profit

$24M41.5% margin

Operating Income

$21M36.5% margin

Net Income

$13M21.6% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

+81.8%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$5M

Stock-Based Comp.

$156,000

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$435M

Stockholders' Equity

$595M

Cash & Equivalents

$49M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$59M	$86M	-31.8%
Gross Profit	$24M	$11M	+128.1%
Operating Income	$21M	$9M	+147.7%
Net Income	$13M	-$10M	+221.6%

Revenue Segments

Spot Charter

$144M89%

Time Charter

$19M11%