SBLK Q1 2023 Earnings — Star Bulk Carriers Corp. Revenue & Financial Results | Market Cap Arena

SBLKStar Bulk Carriers Corp.

$3B

Q1 2023 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$224M-37.9% YoY

Gross Profit

$80M35.6% margin

Operating Income

$59M26.5% margin

Net Income

$46M20.5% margin

EPS (Diluted)

$0.44

QoQ Revenue Growth

-24.0%

Cash Flow

Operating Cash Flow

$83M

Free Cash Flow

$78M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$1.4B

Stockholders' Equity

$2.0B

Cash & Equivalents

$234M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$224M	$361M	-37.9%
Gross Profit	$80M	$235M	-66.1%
Operating Income	$59M	$182M	-67.4%
Net Income	$46M	$170M	-73.1%