TRMD Q2 2023 Earnings — TORM plc Revenue & Financial Results | Market Cap Arena

TRMDTORM plc

$3B

Q2 2023 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$384M+13.5% YoY

Gross Profit

$273M71.1% margin

Operating Income

$200M52.0% margin

Net Income

$185M48.2% margin

EPS (Diluted)

$2.14

QoQ Revenue Growth

-1.5%

Cash Flow

Operating Cash Flow

$196M

Free Cash Flow

$75M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$1.3B

Stockholders' Equity

$1.6B

Cash & Equivalents

$269M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$384M	$339M	+13.5%
Gross Profit	$273M	$175M	+56.0%
Operating Income	$200M	$119M	+68.3%
Net Income	$185M	$107M	+73.9%