TORO
Income statement / Annual
Last year (2023), Toro Corp.'s total revenue was $84.83 M,
a decrease of 24.18% from the previous year.
In 2023, Toro Corp.'s net income was $140.64 M.
See Toro Corp.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
| Operating Revenue |
$84.83 M
|
$111.89 M
|
$29.26 M
|
| Cost of Revenue |
$25.23 M |
$61.16 M |
$29.11 M |
| Gross Profit |
$59.60 M |
$50.73 M |
$154,912.00 |
| Gross Profit Ratio |
0.7 |
0.45 |
0.01 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$5.36 M
|
$2.09 M
|
$889,096.00
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$5.36 M
|
$2.09 M
|
$889,096.00
|
| Other Expenses |
-$91.89 M |
$0.00 |
$0.00 |
| Operating Expenses |
-$83.65 M |
$2.36 M |
$889,096.00 |
| Cost And Expenses |
-$58.41 M |
$63.52 M |
$30.00 M |
| Interest Income |
$4.07 M |
$202,612.00 |
$652.00 |
| Interest Expense |
$964,253.00 |
$719,105.00 |
$383,186.00 |
| Depreciation &
Amortization |
$7.39 M
|
$7.67 M
|
$4.53 M
|
| EBITDA |
$160.86 M
|
$55.68 M
|
$2.99 M
|
| EBITDA Ratio |
1.9 |
0.5 |
0.1 |
| Operating Income Ratio
|
1.61
|
0.46
|
-0.03
|
| Total Other
Income/Expenses Net |
$15.54 M
|
-$706,173.00
|
-$490,033.00
|
| Income Before Tax |
$152.42 M |
$50.89 M |
-$1.22 M |
| Income Before Tax Ratio
|
1.8
|
0.45
|
-0.04
|
| Income Tax Expense |
$350,667.00 |
$960,181.00 |
$206,174.00 |
| Net Income |
$140.64 M |
$49.93 M |
-$1.43 M |
| Net Income Ratio |
1.66 |
0.45 |
-0.05 |
| EPS |
9.05 |
5.55 |
-0.15 |
| EPS Diluted |
2.87 |
1.23 |
-0.15 |
| Weighted Average Shares
Out |
$15.44 M
|
$9.46 M
|
$9.46 M
|
| Weighted Average Shares
Out Diluted |
$48.66 M
|
$42.68 M
|
$9.46 M
|
| Link |
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