NAT Q4 2021 Earnings — Nordic American Tankers Limited Revenue & Financial Results | Market Cap Arena

NATNordic American Tankers Limited

$1B

Q4 2021 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$55M+25.5% YoY

Gross Profit

-$10M-18.0% margin

Operating Income

-$14M-25.9% margin

Net Income

-$21M-38.2% margin

EPS (Diluted)

$-0.12

QoQ Revenue Growth

+36.5%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$9M

Stock-Based Comp.

$339,000

Balance Sheet

Total Assets

$903M

Total Liabilities

$353M

Stockholders' Equity

$550M

Cash & Equivalents

$35M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$55M	$44M	+25.5%
Gross Profit	-$10M	-$17M	+43.3%
Operating Income	-$14M	-$22M	+36.2%
Net Income	-$21M	-$29M	+26.6%

Revenue Segments

Spot Charter

$78M86%

Time Charter

$12M14%