GOGL
Income statement / Annual
Last year (2023), Golden Ocean Group Limited's total revenue was $885.77 M,
a decrease of 20.45% from the previous year.
In 2023, Golden Ocean Group Limited's net income was $112.27 M.
See Golden Ocean Group Limited’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$885.77 M
|
$1.11 B
|
$1.20 B
|
$607.94 M
|
$705.80 M
|
$656.07 M
|
$460.02 M
|
$257.81 M
|
$189.63 M
|
$96.72 M
|
| Cost of Revenue |
$675.88 M |
$691.77 M |
$675.02 M |
$563.89 M |
$589.85 M |
$498.52 M |
$399.89 M |
$312.85 M |
$248.20 M |
$72.19 M |
| Gross Profit |
$209.88 M |
$421.69 M |
$528.16 M |
$44.05 M |
$115.95 M |
$157.55 M |
$60.13 M |
-$55.05 M |
-$58.57 M |
$24.52 M |
| Gross Profit Ratio |
0.24 |
0.38 |
0.44 |
0.07 |
0.16 |
0.24 |
0.13 |
-0.21 |
-0.31 |
0.25 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$18.08 M
|
$20.38 M
|
$18.15 M
|
$13.72 M
|
$14.12 M
|
$14.71 M
|
$12.56 M
|
$12.73 M
|
$12.47 M
|
$5.04 M
|
| Selling & Marketing
Expenses |
$600,000.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$18.68 M
|
$20.38 M
|
$18.15 M
|
$13.72 M
|
$14.12 M
|
$14.71 M
|
$12.56 M
|
$12.73 M
|
$12.47 M
|
$5.04 M
|
| Other Expenses |
$0.00 |
$413,000.00 |
$2.01 M |
-$2.97 M |
$1.17 M |
-$4.39 M |
$501,000.00 |
-$1.86 M |
-$9.63 M |
-$737,000.00 |
| Operating Expenses |
$18.68 M |
$20.79 M |
$20.16 M |
$10.76 M |
$15.29 M |
$11.72 M |
$8.68 M |
$14.53 M |
$17.20 M |
$5.04 M |
| Cost And Expenses |
$697.16 M |
$712.55 M |
$695.17 M |
$574.65 M |
$605.14 M |
$510.24 M |
$408.57 M |
$327.38 M |
$265.40 M |
$77.23 M |
| Interest Income |
$4.72 M |
$2.35 M |
$484,000.00 |
$1.19 M |
$4.43 M |
$7.58 M |
$2.21 M |
$1.67 M |
$849,000.00 |
$29,000.00 |
| Interest Expense |
$103.66 M |
$56.25 M |
$39.91 M |
$47.48 M |
$59.55 M |
$75.11 M |
$59.84 M |
$44.17 M |
$28.27 M |
$2.53 M |
| Depreciation &
Amortization |
$135.55 M
|
$129.84 M
|
$123.70 M
|
$111.30 M
|
$93.85 M
|
$92.15 M
|
$78.09 M
|
$63.43 M
|
$54.29 M
|
$20.25 M
|
| EBITDA |
$326.75 M
|
$530.74 M
|
$691.22 M
|
$21.24 M
|
$190.82 M
|
$252.02 M
|
$131.02 M
|
-$18.54 M
|
-$139.22 M
|
$18.65 M
|
| EBITDA Ratio |
0.37 |
0.52 |
0.54 |
0.22 |
0.28 |
0.37 |
0.3 |
-0.03 |
-0.16 |
0.4 |
| Operating Income Ratio
|
0.21
|
0.39
|
0.43
|
0.03
|
0.14
|
0.22
|
0.11
|
-0.27
|
-1.26
|
0.2
|
| Total Other
Income/Expenses Net |
-$75.80 M
|
$27.14 M
|
$14.00 M
|
-$75.88 M
|
-$63.23 M
|
-$60.25 M
|
-$52.37 M
|
-$57.61 M
|
$14.26 M
|
-$3.23 M
|
| Income Before Tax |
$112.81 M |
$462.23 M |
$527.61 M |
-$137.54 M |
$37.43 M |
$84.77 M |
-$2.29 M |
-$127.87 M |
-$220.65 M |
$16.25 M |
| Income Before Tax Ratio
|
0.13
|
0.42
|
0.44
|
-0.23
|
0.05
|
0.13
|
-0
|
-0.5
|
-1.16
|
0.17
|
| Income Tax Expense |
$541,000.00 |
$379,000.00 |
$389,000.00 |
$131,000.00 |
$237,000.00 |
$232,000.00 |
$56,000.00 |
-$155,000.00 |
$189,000.00 |
$258,000.00 |
| Net Income |
$112.27 M |
$461.85 M |
$527.22 M |
-$137.67 M |
$37.19 M |
$84.53 M |
-$2.35 M |
-$127.71 M |
-$220.84 M |
$16.00 M |
| Net Income Ratio |
0.13 |
0.41 |
0.44 |
-0.23 |
0.05 |
0.13 |
-0.01 |
-0.5 |
-1.16 |
0.17 |
| EPS |
0.56 |
2.3 |
2.74 |
-0.96 |
0.26 |
0.59 |
-0.0188 |
-1.34 |
-7.3 |
1.38 |
| EPS Diluted |
0.56 |
2.3 |
2.73 |
-0.96 |
0.26 |
0.59 |
-0.0188 |
-1.34 |
-7.3 |
1.38 |
| Weighted Average Shares
Out |
$199.92 M
|
$200.69 M
|
$192.36 M
|
$143.57 M
|
$143.79 M
|
$144.13 M
|
$125.02 M
|
$95.24 M
|
$30.24 M
|
$11.39 M
|
| Weighted Average Shares
Out Diluted |
$200.48 M
|
$201.19 M
|
$192.97 M
|
$143.57 M
|
$143.88 M
|
$144.43 M
|
$125.02 M
|
$95.24 M
|
$30.27 M
|
$11.42 M
|
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