SBLKStar Bulk Carriers Corp.

$3B

Q2 2017 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$79M+49.3% YoY

Gross Profit

$32M41.0% margin

Operating Income

$2M2.5% margin

Net Income

-$10M-13.1% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

+21.2%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

$200,000

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.1B

Stockholders' Equity

$1.1B

Cash & Equivalents

$227M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$79M	$53M	+49.3%
Gross Profit	$32M	$7M	+353.6%
Operating Income	$2M	-$21M	+109.4%
Net Income	-$10M	-$33M	+68.8%

SBLK Q2 2017 Earnings — Star Bulk Carriers Corp. Revenue & Financial Results | Market Cap Arena