TRMD Q1 2023 Earnings — TORM plc Revenue & Financial Results | Market Cap Arena

TRMDTORM plc

$3B

Q1 2023 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$390M+86.3% YoY

Gross Profit

$233M59.7% margin

Operating Income

$164M41.9% margin

Net Income

$154M39.4% margin

EPS (Diluted)

$1.81

QoQ Revenue Growth

-12.8%

Cash Flow

Operating Cash Flow

$215M

Free Cash Flow

-$400,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$1.2B

Stockholders' Equity

$1.7B

Cash & Equivalents

$411M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$390M	$209M	+86.3%
Gross Profit	$233M	$88M	+164.3%
Operating Income	$164M	$23M	+623.5%
Net Income	$154M	$10M	+1376.9%