TORO
Income statement / Annual
Last year (2024), Toro Corp.'s total revenue was $22.39 M,
a decrease of 71.46% from the previous year.
In 2024, Toro Corp.'s net income was $25.21 M.
See Toro Corp.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
| Operating Revenue |
$22.39 M |
$78.47 M |
$111.89 M |
$29.26 M |
| Cost of Revenue |
$17.73 M
|
$25.23 M
|
$61.16 M
|
$29.11 M
|
| Gross Profit |
$4.67 M
|
$53.23 M
|
$50.73 M
|
$154,912.00
|
| Gross Profit Ratio |
0.21
|
0.68
|
0.45
|
0.01
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$10.20 M
|
$5.36 M
|
$2.09 M
|
$889,096.00
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$10.20 M
|
$5.36 M
|
$2.09 M
|
$889,096.00
|
| Other Expenses |
$25,369.00
|
-$89.01 M
|
$0.00
|
$0.00
|
| Operating Expenses |
$10.22 M
|
-$83.65 M
|
$2.36 M
|
$889,096.00
|
| Cost And Expenses |
$27.95 M
|
-$58.41 M
|
$63.52 M
|
$30.00 M
|
| Interest Income |
$8.72 M
|
$4.07 M
|
$202,612.00
|
$652.00
|
| Interest Expense |
$230,531.00
|
$31,815.00
|
$719,105.00
|
$383,186.00
|
| Depreciation & Amortization |
$4.90 M
|
$7.39 M
|
$7.67 M
|
$4.53 M
|
| EBITDA |
$10.64 M |
$14.62 M |
$55.68 M |
$2.99 M |
| EBITDA Ratio |
0.48
|
0.19
|
0.5
|
0.1
|
| Operating Income Ratio |
-0.25
|
1.74
|
0.46
|
-0.03
|
| Total Other Income/Expenses Net |
$11.07 M
|
$4.11 M
|
-$706,173.00
|
-$490,033.00
|
| Income Before Tax |
$5.51 M
|
$140.99 M
|
$50.89 M
|
-$1.22 M
|
| Income Before Tax Ratio |
0.25
|
1.8
|
0.45
|
-0.04
|
| Income Tax Expense |
$0.00
|
$350,667.00
|
$960,181.00
|
$206,174.00
|
| Net Income |
$25.21 M
|
$140.64 M
|
$49.93 M
|
-$1.43 M
|
| Net Income Ratio |
1.13
|
1.79
|
0.45
|
-0.05
|
| EPS |
1.09 |
9.05 |
5.55 |
-0.15 |
| EPS Diluted |
1.09 |
2.87 |
1.23 |
-0.15 |
| Weighted Average Shares Out |
$17.40 M
|
$15.44 M
|
$9.46 M
|
$9.46 M
|
| Weighted Average Shares Out Diluted |
$17.40 M
|
$48.66 M
|
$42.68 M
|
$9.46 M
|
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