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Pangaea Logistics Solutions, Ltd. (PANL) Financials

Currency in USD Disclaimer
$7.52 -$0.39 (-4.93%)
$7.48
$8
$5.28
$9.53
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 $499.27 M $699.71 M $718.10 M $382.90 M $412.20 M $372.97 M $385.09 M $238.02 M $287.33 M $398.28 M
Cost of Revenue $430.13 M $570.77 M $620.27 M $344.75 M $362.22 M $319.56 M $345.48 M $212.35 M $245.85 M $380.38 M
Gross Profit $69.14 M $128.94 M $97.84 M $38.14 M $49.97 M $53.42 M $39.61 M $25.67 M $41.49 M $17.90 M
Gross Profit Ratio 0.14 0.18 0.14 0.1 0.12 0.14 0.1 0.11 0.14 0.04
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 $22.78 M $20.10 M $18.97 M $15.92 M $17.38 M $16.48 M $15.16 M $12.77 M $14.97 M $12.83 M
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $22.78 M $20.10 M $18.97 M $15.92 M $17.38 M $16.48 M $15.16 M $12.77 M $14.97 M $12.83 M
Other Expenses $761,485.00 $807,142.00 $1.13 M $982,345.00 $314,847.00 $677,085.00 $1.84 M -$158,528.00 -$926,759.00 -$3.69 M
Operating Expenses $22.78 M $20.10 M $18.97 M $15.92 M $17.38 M $16.48 M $15.16 M $12.77 M $14.97 M $12.83 M
Cost And Expenses $452.91 M $590.87 M $639.23 M $360.67 M $379.60 M $336.04 M $360.64 M $225.12 M $260.81 M $393.21 M
Interest Income $3.57 M $21.49 M $11.51 M $7.83 M $9.28 M $0.00 $0.00 $0.00 $0.00 $0.00
Interest Expense $17.03 M $21.49 M $11.51 M $7.83 M $9.28 M $8.90 M $8.27 M $5.74 M $5.86 M $6.23 M
Depreciation & Amortization $30.07 M $33.62 M $24.10 M $20.57 M $18.53 M $17.62 M $15.61 M $14.11 M $12.73 M $11.67 M
EBITDA $76.43 M $139.13 M $102.98 M $40.27 M $51.44 M $55.23 M $41.90 M $26.84 M $38.32 M $13.04 M
EBITDA Ratio 0.15 0.2 0.14 0.11 0.12 0.15 0.11 0.11 0.13 0.03
Operating Income $46.36 M $105.51 M $78.87 M $19.70 M $32.91 M $36.07 M $15.17 M $12.89 M $20.53 M -$2.49 M
Operating Income Ratio 0.09 0.15 0.11 0.05 0.08 0.1 0.04 0.05 0.07 -0.01
Total Other Income/Expenses Net -$17.36 M -$20.00 M -$6.50 M -$7.00 M -$15.86 M -$4.05 M -$7.07 M $2.00 M -$7.30 M -$12.48 M
Income Before Tax $29.00 M $85.51 M $72.37 M $12.69 M $17.05 M $23.98 M $9.10 M $9.16 M $13.37 M -$13.65 M
Income Before Tax Ratio 0.06 0.12 0.1 0.03 0.04 0.06 0.02 0.04 0.05 -0.03
Income Tax Expense $2.68 M $8.66 M $17.79 M $10.15 M $14.98 M $10.95 M $10.20 M -$461,628.00 $8.46 M $7.27 M
Net Income $26.32 M $79.49 M $67.23 M $2.54 M $2.07 M $17.76 M $7.81 M $7.46 M $11.28 M -$12.13 M
Net Income Ratio 0.05 0.11 0.09 0.01 0.01 0.05 0.02 0.03 0.04 -0.03
EPS 0.59 1.79 1.53 0.0585 0.0483 0.42 0.2 0.21 0.32 -0.65
EPS Diluted 0.58 1.76 1.5 0.0579 0.0477 0.42 0.2 0.21 0.32 -0.65
Weighted Average Shares Out $44.77 M $44.40 M $44.00 M $43.42 M $42.75 M $42.25 M $38.41 M $35.16 M $34.78 M $18.73 M
Weighted Average Shares Out Diluted $45.48 M $45.06 M $44.85 M $43.82 M $43.27 M $42.78 M $38.93 M $35.38 M $34.96 M $18.73 M
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