NAT Q4 2023 Earnings — Nordic American Tankers Limited Revenue & Financial Results | Market Cap Arena

NATNordic American Tankers Limited

$1B

Q4 2023 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$59M-16.7% YoY

Gross Profit

$30M51.4% margin

Operating Income

$25M41.5% margin

Net Income

$18M29.5% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

-24.5%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

-$60M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$879M

Total Liabilities

$341M

Stockholders' Equity

$538M

Cash & Equivalents

$33M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$59M	$71M	-16.7%
Gross Profit	$30M	$43M	-29.4%
Operating Income	$25M	$38M	-35.4%
Net Income	$18M	$36M	-51.4%