Top Ships Inc. (TOPS) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 36.6M | 43.81M | 41.8M | 41.15M | 20.91M | 19.42M | 15.53M | 12.65M | 13.81M | 16.3M | 18.15M | 14.89M |
| Revenue Growth % | - | - | 99.97% | 111.84% | 34.62% | 53.48% | 12.41% | -22.35% | -23.89% | 9.43% | -15.04% | -24.34% |
| Cost of Goods Sold | 15.2M | 17.96M | 16.88M | 17.6M | 7.46M | 7.98M | 6.98M | 6.97M | 5.58M | 6.39M | 7.88M | 8.68M |
| COGS % of Revenue | 41.54% | 41% | 40.38% | 42.78% | 35.68% | 41.08% | 44.94% | 55.04% | 40.42% | 39.22% | 43.43% | 58.26% |
| Gross Profit | 21.4M | 25.85M | 24.92M | 23.54M | 13.45M | 11.44M | 8.55M | 5.69M | 8.23M | 9.91M | 10.27M | 6.22M |
| Gross Margin % | 58.46% | 59% | 59.62% | 57.22% | 64.32% | 58.92% | 55.06% | 44.96% | 59.58% | 60.78% | 56.57% | 41.74% |
| Gross Profit Growth % | - | - | 85.36% | 105.71% | 57.25% | 101.14% | 3.89% | -42.56% | -19.85% | 59.34% | 1.73% | -30.47% |
| Operating Expenses | 13.36M | 7.61M | 12.47M | 7.27M | 4.64M | 3.68M | 3.01M | 3.43M | 12.44M | 6.08M | 12.07M | 2.62M |
| OpEx % of Revenue | 36.5% | 17.36% | 29.82% | 17.67% | 22.22% | 18.94% | 19.4% | 27.1% | 90.08% | 37.3% | 66.51% | 17.57% |
| Selling, General & Admin | 13.36M | 7.61M | 12.47M | 7.27M | 994.5K | 860.5K | 957.5K | 1.31M | 1.01M | 2.77M | 1.19M | 894K |
| SG&A % of Revenue | 36.5% | 17.36% | 29.82% | 17.67% | 4.76% | 4.43% | 6.17% | 10.37% | 7.29% | 17.01% | 6.57% | 6% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 8.04M | 18.24M | 12.45M | 16.27M | 8.74M | 7.53M | 5.27M | 2.71M | 6.16M | 1.52M | 5.45M | 2.67M |
| Operating Margin % | 21.96% | 41.64% | 29.79% | 39.55% | 41.83% | 38.75% | 33.95% | 21.4% | 44.58% | 9.34% | 30.04% | 17.93% |
| Operating Income Growth % | - | - | 42.43% | 116.21% | 65.84% | 177.94% | -14.38% | 77.92% | 12.93% | -43% | 1505.41% | 176.26% |
| EBITDA | 23.11M | 25.11M | 19.63M | 23.45M | 12.33M | 10.58M | 7.45M | 4.38M | 9.18M | 5.11M | 9.02M | 5.32M |
| EBITDA Margin % | 63.12% | 57.32% | 46.95% | 56.99% | 59% | 54.49% | 47.94% | 34.59% | 66.43% | 31.34% | 49.7% | 35.74% |
| EBITDA Growth % | - | - | 59.14% | 121.55% | 65.66% | 141.77% | -18.87% | -14.3% | 1.72% | -4.03% | 167.46% | 1166.63% |
| D&A (Non-Cash Add-back) | 15.07M | 6.87M | 7.17M | 7.17M | 3.59M | 3.06M | 2.17M | 1.67M | 3.02M | 3.59M | 3.57M | 2.65M |
| EBIT | 8.04M | 18.24M | 11.41M | 16.33M | 8.74M | 7.53M | 5.27M | 2.71M | 6.16M | 1.52M | 5.45M | 2.67M |
| Net Interest Income | -13.09M | -9.93M | -12.17M | -10.47M | 3.63M | 3.46M | 2.07M | 1.42M | 5.76M | 5.26M | 5.27M | 0 |
| Interest Income | 325K | 60K | 288K | 58K | 3.63M | 3.46M | 2.07M | 1.42M | 5.76M | 5.26M | 5.27M | 3.91M |
| Interest Expense | 13.41M | 9.99M | 12.46M | 10.53M | 7.44M | 6.93M | 4.16M | 2.84M | 0 | 0 | 0 | 0 |
| Other Income/Expense | -12.52M | -10.68M | -13.9M | -8.76M | -3.57M | -3.22M | -1.81M | -1.87M | -16.13M | -2.96M | -12.53M | -2.98M |
| Pretax Income | -4.48M | 7.56M | -1.45M | 7.52M | 5.17M | 4.3M | 3.47M | 841K | -9.97M | -1.43M | -7.07M | -314K |
| Pretax Margin % | -12.23% | 17.26% | -3.47% | 18.27% | 24.74% | 22.15% | 22.33% | 6.65% | -72.21% | -8.8% | -38.96% | -2.11% |
| Income Tax | 0 | 0 | -1.74M | 1.74M | 3.21M | 10.86M | 1.15M | 457.5K | 432K | 2.55M | 812.5K | 7.3M |
| Effective Tax Rate % | 0% | 0% | 120.13% | 23.18% | 62% | 252.43% | 33.24% | 54.4% | -4.33% | -177.75% | -11.49% | -2323.41% |
| Net Income | -4.48M | 7.56M | 292K | 5.77M | 1.97M | -6.56M | 2.31M | 383.5K | -10.41M | -3.98M | -7.88M | -7.61M |
| Net Margin % | -12.23% | 17.26% | 0.7% | 14.03% | 9.4% | -33.77% | 14.9% | 3.03% | -75.34% | -24.44% | -43.44% | -51.09% |
| Net Income Growth % | - | - | -85.14% | 188.04% | -15.1% | -1810.17% | 122.24% | 109.63% | -31.98% | 47.66% | -74.83% | -14.88% |
| Net Income (Continuing) | -4.48M | 7.56M | 292K | 5.77M | 1.97M | -6.56M | 2.31M | 383.5K | -10.41M | -3.98M | -7.88M | -7.61M |
| Discontinued Operations | 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 |
| EPS (Diluted) | -0.97 | 1.63 | -13.04 | 0.60 | 5.99 | -36.91 | 13.95 | 2.31 | -62.86 | -130.90 | 0.00 | 0.00 |
| EPS Growth % | - | - | -317.7% | 101.63% | -57.06% | -1697.84% | 122.19% | 101.76% | - | - | 100% | 100% |
| EPS (Basic) | -0.97 | 1.63 | -13.21 | 0.77 | 5.99 | -36.91 | 13.95 | 2.31 | -62.86 | -130.90 | 0.00 | 0.00 |
| Diluted Shares Outstanding | 4.63M | 4.63M | 1.8M | 2.76M | 327.95K | 177.68K | 165.97K | 165.97K | 165.55K | 30.43K | 0 | 0 |
| Basic Shares Outstanding | 4.63M | 4.63M | 1.8M | 1.48M | 328.29K | 177.68K | 165.97K | 165.97K | 165.55K | 30.43K | 0 | 0 |
| Dividend Payout Ratio | - | - | 1193.49% | 60.36% | - | - | 38.43% | - | - | - | - | - |