Oceanpal Inc (SVRN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q2'21 | Q1'21 | Q1'20 |
|---|
| Sales/Revenue | 3.08M | 3.08M | 5.78M | 7.5M | 6.74M | 5.69M | 5.81M | 3.87M | 5.39M | 3.89M | 5.72M | 5.12M | 4.57M | 3.68M | 4.37M | 0 | 3.03M | 2.41M |
| Revenue Growth % | -54.3% | -45.87% | -0.46% | 93.92% | 24.87% | 46.27% | 1.47% | -24.42% | 18.16% | 5.65% | 31.07% | - | - | 21.33% | - | - | 25.9% | - |
| Cost of Goods Sold | 3.18M | 3.18M | 7.15M | 5.81M | 5.25M | 5.2M | 3.25M | 3.86M | 3.19M | 3.12M | 6.83M | 1.9M | 3.06M | 2.5M | 2.16M | 0 | 1.75M | 2.04M |
| COGS % of Revenue | 103.3% | 103.3% | 123.61% | 77.46% | 77.87% | 91.35% | 55.91% | 99.84% | 59.11% | 80.32% | 119.25% | 37.18% | 67% | 67.88% | 49.55% | - | 57.7% | 84.85% |
| Gross Profit | -101.5K | -101.5K | -1.36M | 1.69M | 1.49M | 492K | 2.56M | 6K | 2.21M | 765K | 599K | 3.21M | 1.51M | 1.18M | 2.2M | 0 | 1.28M | 365.45K |
| Gross Margin % | -3.3% | -3.3% | -23.61% | 22.54% | 22.13% | 8.65% | 44.09% | 0.16% | 40.89% | 19.68% | 10.46% | 62.82% | 33% | 32.12% | 50.42% | - | 42.27% | 15.17% |
| Gross Profit Growth % | -106.81% | -120.63% | -153.3% | 28066.67% | -32.41% | -35.69% | 327.55% | -99.81% | 46.38% | -35.28% | -72.8% | - | - | -7.8% | - | - | 250.8% | - |
| Operating Expenses | 5.22M | 5.22M | 6.72M | 1.87M | 9.81M | 1.95M | 2.66M | 1.6M | 3.86M | 3.41M | 3.09M | 942K | 859K | 768K | 1.84M | 1K | 1.07M | 874.61K |
| OpEx % of Revenue | 169.73% | 169.73% | 116.26% | 24.9% | 145.69% | 34.29% | 45.73% | 41.49% | 71.58% | 87.76% | 53.93% | 18.42% | 18.81% | 20.87% | 42.2% | - | 35.15% | 36.31% |
| Selling, General & Admin | 1.87M | 1.87M | 1.37M | 1.55M | 1.65M | 1.95M | 1.69M | 1.29M | 1.38M | 1.23M | 1.12M | 737K | 666K | 558K | 892.02K | 1K | 469.02K | 493.75K |
| SG&A % of Revenue | 60.89% | 60.89% | 23.72% | 20.73% | 24.52% | 34.29% | 29.15% | 33.47% | 25.65% | 31.51% | 19.6% | 14.41% | 14.59% | 15.16% | 20.43% | - | 15.46% | 20.5% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 313K | 1000K | 300K | 963K | 1000K | 1000K | 1000K | 1000K | 205K | 193K | 210K | 950.65K | 0 | 596.65K | 380.86K |
| Operating Income | -5.33M | -5.33M | -8.09M | -177K | -8.32M | -1.44M | -95K | -3.32M | -1.66M | -2.65M | -2.49M | 1.1M | 648K | 414K | 359.73K | -1K | 216.73K | -509K |
| Operating Margin % | -173.02% | -173.02% | -139.87% | -2.36% | -123.56% | -25.37% | -1.64% | -85.98% | -30.7% | -68.08% | -43.47% | 21.51% | 14.19% | 11.25% | 8.24% | - | 7.15% | -21.13% |
| Operating Income Growth % | 36.01% | -269.13% | -8411.58% | 94.68% | -402.66% | 45.49% | 96.18% | -402.18% | -355.56% | -739.37% | -791.63% | - | 64900% | 91.02% | - | - | 142.58% | - |
| EBITDA | -3.71M | -3.71M | -5.94M | 1.43M | -6.76M | 440K | 1.81M | -1.6M | 493K | -754K | -787K | 1.34M | 1.67M | 651.49K | 597.22K | 594.95K | 812.67K | -27.93K |
| EBITDA Margin % | -120.61% | -120.61% | -102.75% | 19.09% | -100.39% | 7.74% | 31.11% | -41.33% | 9.14% | -19.39% | -13.75% | 26.15% | 36.49% | 17.7% | 13.68% | - | 26.79% | -1.16% |
| EBITDA Growth % | 45.1% | -943.86% | -428.72% | 189.55% | -1471.81% | 158.36% | 329.61% | -219.48% | -70.41% | -215.74% | -231.78% | - | 180.03% | -19.83% | - | - | 3009.48% | - |
| D&A (Non-Cash Add-back) | 1.61M | 1.61M | 2.15M | 1.61M | 1.56M | 1.88M | 1.9M | 1.73M | 2.15M | 1.89M | 1.7M | 237.49K | 1.02M | 237.49K | 237.49K | 595.95K | 595.95K | 481.07K |
| EBIT | -3.61M | -3.61M | -8.11M | -128K | -8.21M | -1.31M | 58K | -3.37M | -1.66M | 999K | -2.49M | 1.1M | 648K | 414K | 359.73K | -1K | 216.73K | -609K |
| Net Interest Income | 108.5K | 108.5K | -70K | 17K | 121K | 135K | 139K | 141K | 158K | -843K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 108.5K | 108.5K | 5K | 51K | 121K | 135K | 139K | 149K | 158K | 68K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 75K | 34K | 0 | 0 | 0 | 8K | 0 | 911K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 107.5K | 107.5K | -103K | 15K | 119K | 137K | 153K | -58K | 2.92M | 2.73M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pretax Income | -5.22M | -5.22M | -8.19M | -162K | -8.21M | -1.31M | 58K | -3.38M | 1.26M | 88K | -2.49M | 1.1M | 648K | 414K | 359.73K | -1K | 216.73K | -509K |
| Pretax Margin % | -169.53% | -169.53% | -141.65% | -2.16% | -121.79% | -22.96% | 1% | -87.48% | 23.34% | 2.26% | -43.47% | 21.51% | 14.19% | 11.25% | 8.24% | - | 7.15% | -21.13% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -5.22M | -5.22M | -8.19M | -162K | -8.21M | -1.31M | 58K | -3.38M | 1.26M | 88K | -2.49M | 1.1M | 648K | 414K | 290.73K | -1K | 216.73K | -509K |
| Net Margin % | -169.53% | -169.53% | -141.65% | -2.16% | -121.79% | -22.96% | 1% | -87.48% | 23.34% | 2.26% | -43.47% | 21.51% | 14.19% | 11.25% | 6.66% | - | 7.15% | -21.13% |
| Net Income Growth % | 36.39% | -299.62% | -14218.97% | 95.21% | -751.71% | -1584.09% | 102.33% | -407.45% | 94.29% | -78.74% | -955.78% | - | 64900% | 91.02% | - | - | 142.58% | - |
| Net Income (Continuing) | -5.22M | -5.22M | -8.19M | -162K | -8.21M | -1.31M | 58K | -3.38M | 1.26M | 88K | -2.49M | 1.1M | 648K | 414K | 359.73K | -1K | 216.73K | -509K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -19.82 | -19.82 | -29.31 | -2.07 | -28.93 | -5.70 | -10.43 | -26.58 | 6.44 | -9.74 | -334.99 | 37.55 | 26.30 | -118.55 | -3.65 | -0.02 | -5.33 | -11.54 |
| EPS Growth % | 31.49% | -247.9% | -181.06% | 92.23% | -549.24% | 41.51% | 96.89% | -170.79% | -75.52% | 91.78% | -9077.81% | - | 115959.03% | -2124.2% | - | - | 53.81% | - |
| EPS (Basic) | -19.82 | -19.82 | -29.31 | -2.07 | -28.93 | -5.70 | -10.43 | -26.58 | 6.73 | -9.74 | -334.99 | 67.55 | 26.30 | -118.55 | -3.24 | -0.02 | -4.84 | -11.54 |
| Diluted Shares Outstanding | 300.53K | 300.53K | 299.99K | 298.08K | 298.08K | 298.05K | 272.55K | 146.38K | 75K | 48.47K | 8.63K | 10.73K | 5.96K | 4.3K | 52.92K | 52.92K | 52.92K | 52.92K |
| Basic Shares Outstanding | 263.36K | 263.36K | 299.99K | 298.08K | 298.08K | 298.05K | 272.55K | 146.38K | 71.78K | 48.47K | 8.63K | 5.96K | 5.96K | 4.3K | 53.59K | 52.92K | 52.92K | 52.92K |
| Dividend Payout Ratio | - | - | - | - | - | - | 3582.75% | - | - | - | - | - | - | - | - | - | 772.73% | - |