See more : Devine Limited (DVN.AX) Income Statement Analysis – Financial Results
Complete financial analysis of Diana Shipping Inc. (DSX) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Diana Shipping Inc., a leading company in the Marine Shipping industry within the Industrials sector.
You may be interested
- ECC Capital Corporation (ECRO) Income Statement Analysis – Financial Results
- Plains Acquisition Corporation (PLQC) Income Statement Analysis – Financial Results
- Independence Holdings Corp. (ACQR) Income Statement Analysis – Financial Results
- SolarEdge Technologies, Inc. (0L7S.L) Income Statement Analysis – Financial Results
- Murray River Organics Group Limited (MRG.AX) Income Statement Analysis – Financial Results
Diana Shipping Inc. (DSX)
About Diana Shipping Inc.
Diana Shipping Inc. provides shipping transportation services. The company transports a range of dry bulk cargoes, including commodities, such as iron ore, coal, grain, and other materials in shipping routes worldwide. As of April 13, 2022, it operated a fleet of 35 dry bulk vessels, including 4 Newcastlemax, 12 Capesize, 5 Post-Panamax, 6 Kamsarmax, and 8 Panamax. The company was formerly known as Diana Shipping Investments Corp. and changed its name to Diana Shipping Inc. in February 2005. Diana Shipping Inc. was incorporated in 1999 and is based in Athens, Greece.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 262.10M | 289.97M | 214.20M | 169.73M | 220.73M | 226.19M | 161.90M | 114.26M | 157.71M | 175.58M | 164.45M | 223.23M | 256.79M | 275.45M | 239.34M | 337.39M | 190.48M | 116.10M | 103.10M | 63.84M | 25.28M | 11.94M | 11.36M |
| Cost of Revenue | 148.89M | 122.30M | 120.82M | 142.36M | 153.05M | 155.12M | 185.98M | 181.36M | 180.13M | 168.09M | 150.07M | 136.58M | 65.97M | 64.98M | 53.33M | 54.90M | 38.03M | 28.55M | 21.44M | 16.32M | 10.01M | 0.00 | 0.00 |
| Gross Profit | 113.21M | 167.67M | 93.39M | 27.37M | 67.68M | 71.07M | -24.08M | -67.10M | -22.42M | 7.49M | 14.38M | 86.66M | 190.81M | 210.47M | 186.01M | 282.49M | 152.45M | 87.55M | 81.67M | 47.52M | 15.26M | 11.94M | 11.36M |
| Gross Profit Ratio | 43.19% | 57.82% | 43.60% | 16.13% | 30.66% | 31.42% | -14.87% | -58.73% | -14.22% | 4.26% | 8.74% | 38.82% | 74.31% | 76.41% | 77.72% | 83.73% | 80.04% | 75.41% | 79.21% | 74.44% | 60.38% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 34.28M | 29.37M | 29.19M | 34.80M | 30.76M | 31.91M | 28.22M | 26.97M | 25.74M | 26.22M | 23.72M | 24.91M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 34.28M | 29.37M | 29.19M | 34.80M | 30.76M | 31.91M | 28.22M | 26.97M | 25.74M | 26.22M | 23.72M | 24.91M | 25.12M | 25.35M | 17.46M | 13.83M | 11.72M | 6.33M | 2.87M | 3.72M | 3.05M | 140.00K | 70.00K |
| Other Expenses | -5.47M | 246.00K | 2.04M | -230.00K | -854.00K | -542.00K | 296.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 55.28M | 53.08M | 44.21M | 42.82M | 2.80M | 17.31M | 12.10M | 6.62M | 5.45M | 3.00M | 2.35M |
| Operating Expenses | 34.28M | 29.61M | 31.23M | 34.57M | 29.90M | 31.37M | 28.51M | 26.97M | 25.74M | 26.22M | 23.72M | 24.91M | 80.40M | 76.83M | 61.67M | 56.65M | 14.51M | 23.64M | 14.97M | 10.34M | 8.50M | 3.14M | 2.42M |
| Cost & Expenses | 176.39M | 151.91M | 152.05M | 176.93M | 182.95M | 186.49M | 214.49M | 208.33M | 205.87M | 194.31M | 173.80M | 161.49M | 146.37M | 141.81M | 115.01M | 111.55M | 52.54M | 52.19M | 36.41M | 26.66M | 18.51M | 3.14M | 2.42M |
| Interest Income | 8.17M | 2.74M | 176.00K | 728.00K | 2.86M | 8.82M | 4.51M | 2.41M | 3.15M | 3.63M | 1.80M | 1.43M | 1.03M | 920.00K | 951.00K | 768.00K | 2.68M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 49.33M | 27.42M | 20.24M | 21.51M | 29.43M | 30.51M | 26.63M | 21.95M | 15.56M | 8.43M | 8.14M | 7.62M | 4.92M | 5.21M | 3.28M | 5.85M | 6.39M | 0.00 | 30.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 10.54M | 43.33M | 40.49M | 42.99M | 48.90M | 52.21M | 87.00M | 81.58M | 76.33M | 70.50M | 64.74M | 62.01M | 55.28M | 53.08M | 44.69M | 43.26M | 24.44M | 16.71M | 9.94M | 5.09M | 3.98M | 3.00M | 2.35M |
| EBITDA | 96.25M | 188.91M | 120.89M | -68.00M | 69.38M | 99.28M | -392.48M | -4.33M | 29.16M | 55.99M | 55.40M | 123.75M | 166.06M | 185.59M | 169.19M | 269.10M | 162.38M | 80.63M | 76.61M | 47.22M | 15.12M | 11.80M | 11.29M |
| EBITDA Ratio | 36.72% | 48.86% | 29.10% | -3.81% | 17.69% | 21.46% | -33.16% | -129.57% | -31.79% | -1.39% | -8.29% | 27.51% | 64.62% | 68.32% | 70.83% | 79.48% | 85.25% | 72.79% | 74.31% | 34.91% | 49.23% | 98.83% | 99.38% |
| Operating Income | 85.71M | 98.36M | 21.84M | -7.20M | -9.85M | -3.67M | -483.99M | -88.32M | -47.18M | -18.20M | -8.65M | 63.12M | 110.92M | 133.64M | 124.34M | 225.84M | 137.94M | 63.92M | 66.70M | 42.13M | 11.16M | 2.06M | 2.21M |
| Operating Income Ratio | 32.70% | 33.92% | 10.20% | -4.24% | -4.46% | -1.62% | -298.95% | -77.30% | -29.91% | -10.37% | -5.26% | 28.27% | 43.19% | 48.52% | 51.95% | 66.94% | 72.42% | 55.05% | 64.69% | 65.99% | 44.16% | 17.22% | 19.49% |
| Total Other Income/Expenses | -35.87M | 20.70M | 35.55M | -21.52M | -28.16M | 20.25M | -27.73M | -75.92M | -17.54M | 7.94M | -12.55M | -8.48M | -3.42M | -5.77M | -2.84M | -4.14M | 0.00 | -3.89M | 30.00K | 19.98M | -4.38M | -2.06M | -2.21M |
| Income Before Tax | 49.84M | 119.06M | 57.39M | -134.20M | -10.54M | 16.58M | -511.71M | -164.24M | -64.71M | -10.27M | -21.21M | 54.64M | 111.89M | 127.87M | 123.49M | 226.78M | 0.00 | 60.03M | 66.73M | 37.18M | 6.77M | 0.00 | 0.00 |
| Income Before Tax Ratio | 19.02% | 41.06% | 26.79% | -79.06% | -4.77% | 7.33% | -316.07% | -143.74% | -41.03% | -5.85% | -12.89% | 24.48% | 43.57% | 46.42% | 51.60% | 67.22% | 0.00% | 51.70% | 64.72% | 58.24% | 26.77% | 0.00% | 0.00% |
| Income Tax Expense | 0.00 | -5.69M | -20.25M | -21.48M | -21.06M | -50.76M | 431.40M | -5.75M | -984.00K | -596.00K | -572.00K | -856.00K | -1.77M | -1.03M | 739.00K | -2.66M | 3.72M | 6.74M | 1.68M | -42.88M | -1.02M | 8.72M | 9.33M |
| Net Income | 49.84M | 119.06M | 77.65M | -112.72M | 10.52M | 67.34M | -511.71M | -164.24M | -64.71M | -10.27M | -21.21M | 54.64M | 107.50M | 128.78M | 121.50M | 221.70M | 134.22M | 61.06M | 64.99M | 60.08M | 9.49M | 76.00K | -392.00K |
| Net Income Ratio | 19.02% | 41.06% | 36.25% | -66.41% | 4.77% | 29.77% | -316.07% | -143.74% | -41.03% | -5.85% | -12.89% | 24.48% | 41.86% | 46.75% | 50.76% | 65.71% | 70.46% | 52.59% | 63.03% | 94.12% | 37.54% | 0.64% | -3.45% |
| EPS | 0.44 | 1.42 | 0.96 | -1.31 | 0.11 | 0.65 | -5.35 | -2.04 | -0.81 | -0.13 | -0.26 | 0.67 | 1.33 | 1.60 | 1.55 | 2.98 | 2.11 | 1.23 | 1.72 | 2.17 | 0.37 | 0.02 | -0.11 |
| EPS Diluted | 0.43 | 1.36 | 0.92 | -1.31 | 0.11 | 0.64 | -5.35 | -2.04 | -0.81 | -0.13 | -0.26 | 0.67 | 1.33 | 1.59 | 1.55 | 2.97 | 2.11 | 1.23 | 1.72 | 2.17 | 0.37 | 0.02 | -0.11 |
| Weighted Avg Shares Out | 100.17M | 80.06M | 81.12M | 86.14M | 95.19M | 103.74M | 95.65M | 80.44M | 79.52M | 81.29M | 81.33M | 81.08M | 81.08M | 80.68M | 78.28M | 74.38M | 63.75M | 49.53M | 37.77M | 27.63M | 25.34M | 4.30M | 3.68M |
| Weighted Avg Shares Out (Dil) | 101.88M | 83.32M | 84.86M | 86.14M | 95.19M | 104.72M | 95.73M | 80.44M | 79.52M | 81.29M | 81.33M | 81.08M | 81.12M | 80.81M | 78.39M | 74.56M | 63.75M | 49.53M | 37.77M | 27.63M | 25.34M | 4.30M | 3.68M |
Diana Shipping Inc. Announces Signing of a US$80.2 Million Amended and Restated Loan Facility Agreement With Danish Ship Finance A/S to Refinance its Existing Term Loan Facility With the Bank
ATHENS, Greece, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced the successful signing of a US$80.2 million seven-year...
Diana Shipping: Improved Balance Sheet And Attractive Dividend Yield; Rating Upgrade
Diana Shipping recorded a weak quarter due to its significant exposure to long-term contracts. On the positive side, DSX has made changes in its capital structure. The company restructured its debt, moving significant maturities to 2029, enhancing dividend safety for...
Diana Shipping Inc. Announces Time Charter Contract for m/v Selina with Raffles Shipping
ATHENS, Greece, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has...
Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract For m/v Phaidra With Aquavita
ATHENS, Greece, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has...
Diana Shipping Inc. Announces Time Charter Contract for m/v DSI Altair with Propel Shipping
ATHENS, Greece, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has...
Diana Shipping: Buy On 13.6% Dividend Yield And Discounted Valuation (Rating Upgrade)
The combination of weak quarterly results and dilution from warrant exercises has resulted in Diana Shipping's shares underperforming peers by a wide margin so far this year. Management's conservative chartering approach has been a drag on operating performance in recent...
Diana Shipping Inc. Announces Time Charter Contract for m/v DSI Pegasus with Cargill Ocean Transportation
ATHENS, Greece, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has...
Diana Shipping Inc. Announces Time Charter Contract for m/v G. P. Zafirakis with NYK Line
ATHENS, Greece, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has...
Diana Shipping Inc. Announces Time Charter Contract for m/v Astarte With Paralos Shipping
ATHENS, Greece, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has...
Diana Shipping Inc. (DSX) Q2 2024 Earnings Call Transcript
Diana Shipping Inc. (NYSE:DSX ) Q2 2024 Results Conference Call July 31, 2024 9:00 AM ET Company Participants Edward Nebb - Investor Relations Semiramis Paliou - Chief Executive Officer Stasi Margaronis - Director and President Ioannis Zafirakis - Director, Chief...
Source: https://incomestatements.info
Category: Stock Reports