SBLKStar Bulk Carriers Corp.

$3B

Q2 2019 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$158M+19.0% YoY

Gross Profit

$27M17.4% margin

Operating Income

-$18M-11.6% margin

Net Income

-$40M-25.5% margin

EPS (Diluted)

$-0.44

QoQ Revenue Growth

-5.2%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$5M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$1.6B

Stockholders' Equity

$1.5B

Cash & Equivalents

$83M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$158M	$133M	+19.0%
Gross Profit	$27M	$57M	-51.8%
Operating Income	-$18M	$27M	-167.4%
Net Income	-$40M	$11M	-474.5%

SBLK Q2 2019 Earnings — Star Bulk Carriers Corp. Revenue & Financial Results | Market Cap Arena