TRMD Q2 2022 Earnings — TORM plc Revenue & Financial Results | Market Cap Arena

TRMDTORM plc

$3B

Q2 2022 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$339M+124.5% YoY

Gross Profit

$175M51.7% margin

Operating Income

$119M35.1% margin

Net Income

$107M31.5% margin

EPS (Diluted)

$1.31

QoQ Revenue Growth

+61.7%

Cash Flow

Operating Cash Flow

$68M

Free Cash Flow

$55M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.2B

Stockholders' Equity

$1.2B

Cash & Equivalents

$158M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$339M	$151M	+124.5%
Gross Profit	$175M	$72M	+143.2%
Operating Income	$119M	$12M	+857.3%
Net Income	$107M	$2M	+4976.2%