NAT Q4 2020 Earnings — Nordic American Tankers Limited Revenue & Financial Results | Market Cap Arena

NATNordic American Tankers Limited

$1B

Q4 2020 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$44M-25.5% YoY

Gross Profit

-$17M-39.8% margin

Operating Income

-$22M-50.9% margin

Net Income

-$29M-65.4% margin

EPS (Diluted)

$-0.19

QoQ Revenue Growth

-21.8%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$27M

Stock-Based Comp.

$400,000

Balance Sheet

Total Assets

$974M

Total Liabilities

$375M

Stockholders' Equity

$599M

Cash & Equivalents

$58M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$44M	$59M	-25.5%
Gross Profit	-$17M	$24M	-171.3%
Operating Income	-$22M	$21M	-204.0%
Net Income	-$29M	$13M	-325.2%

Revenue Segments

Spot Charter

$68M68%

Time Charter

$32M32%