NAT Q4 2022 Earnings — Nordic American Tankers Limited Revenue & Financial Results | Market Cap Arena

NATNordic American Tankers Limited

$1B

Q4 2022 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$71M+29.2% YoY

Gross Profit

$43M60.7% margin

Operating Income

$38M53.5% margin

Net Income

$36M50.7% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

-32.2%

Cash Flow

Operating Cash Flow

$41M

Free Cash Flow

$35M

Stock-Based Comp.

$476,000

Balance Sheet

Total Assets

$881M

Total Liabilities

$341M

Stockholders' Equity

$540M

Cash & Equivalents

$60M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$71M	$55M	+29.2%
Gross Profit	$43M	-$10M	+536.3%
Operating Income	$38M	-$14M	+367.2%
Net Income	$36M	-$21M	+271.2%

Revenue Segments

Spot Charter

$197M91%

Time Charter

$19M9%