See more : PT Sunindo Pratama Tbk (SUNI.JK) Income Statement Analysis – Financial Results
Complete financial analysis of Golden Ocean Group Limited (GOGL) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Golden Ocean Group Limited, a leading company in the Marine Shipping industry within the Industrials sector.
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Golden Ocean Group Limited (GOGL)
About Golden Ocean Group Limited
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 23, 2022, it owned a fleet of 81 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 885.77M | 1.11B | 1.20B | 607.94M | 705.80M | 656.07M | 460.02M | 257.81M | 189.63M | 96.72M | 37.55M | 37.32M | 94.52M | 95.90M | 67.34M | 82.91M | 88.16M | 105.73M | 100.18M | 135.70M | 75.25M | 40.28M | 61.53M | 76.34M | 40.28M | 45.04M | 42.14M |
| Cost of Revenue | 675.88M | 691.77M | 675.02M | 563.89M | 589.85M | 498.52M | 399.89M | 312.85M | 248.20M | 72.19M | 25.79M | 23.05M | 30.02M | 30.15M | 8.59M | 18.55M | 28.42M | 35.85M | 33.67M | 24.11M | 0.00 | 0.00 | 0.00 | 0.00 | 400.00K | 400.00K | 300.00K |
| Gross Profit | 209.88M | 421.69M | 528.16M | 44.05M | 115.95M | 157.55M | 60.13M | -55.05M | -58.57M | 24.52M | 11.76M | 14.27M | 64.50M | 65.75M | 58.75M | 64.37M | 59.74M | 69.88M | 66.51M | 111.59M | 75.25M | 40.28M | 61.53M | 76.34M | 39.88M | 44.64M | 41.84M |
| Gross Profit Ratio | 23.70% | 37.87% | 43.90% | 7.25% | 16.43% | 24.01% | 13.07% | -21.35% | -30.88% | 25.36% | 31.32% | 38.23% | 68.24% | 68.57% | 87.25% | 77.63% | 67.77% | 66.09% | 66.39% | 82.23% | 100.00% | 100.00% | 100.00% | 100.00% | 99.01% | 99.11% | 99.29% |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 18.08M | 20.38M | 18.15M | 13.72M | 14.12M | 14.71M | 12.56M | 12.73M | 12.47M | 5.04M | 4.94M | 4.26M | 0.00 | 3.02M | 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 |
| Selling & Marketing | 600.00K | 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 | 0.00 | 0.00 | 0.00 |
| SG&A | 18.68M | 20.38M | 18.15M | 13.72M | 14.12M | 14.71M | 12.56M | 12.73M | 12.47M | 5.04M | 4.94M | 4.26M | 3.53M | 3.02M | 20.65M | 1.54M | 1.48M | 1.49M | 988.00K | 1.11M | 864.10K | 805.43K | 800.92K | 807.36K | 841.02K | 841.14K | 708.30K |
| Other Expenses | 2.59M | 413.00K | 2.01M | -2.97M | 1.17M | -4.39M | 501.00K | -1.86M | -9.63M | -737.00K | -508.00K | -475.00K | 22.76M | 19.57M | 14.34M | 13.71M | 45.43M | 52.97M | 50.79M | 41.33M | 17.59M | 17.59M | 17.59M | 17.59M | 17.59M | 17.59M | 14.86M |
| Operating Expenses | 18.68M | 20.79M | 20.16M | 10.76M | 15.29M | 11.72M | 8.68M | 14.53M | 17.20M | 5.04M | 4.94M | 4.26M | 26.29M | 22.59M | 35.00M | 15.25M | 46.91M | 54.46M | 51.78M | 42.44M | 18.46M | 18.40M | 18.39M | 18.40M | 18.43M | 18.43M | 15.56M |
| Cost & Expenses | 697.16M | 712.55M | 695.17M | 574.65M | 605.14M | 510.24M | 408.57M | 327.38M | 265.40M | 77.23M | 30.72M | 27.31M | 56.30M | 52.73M | 43.58M | 33.80M | 75.33M | 90.31M | 85.45M | 66.55M | 18.46M | 18.40M | 18.39M | 18.40M | 18.83M | 18.83M | 15.86M |
| Interest Income | 4.72M | 2.35M | 484.00K | 1.19M | 4.43M | 7.58M | 2.21M | 1.67M | 849.00K | 29.00K | 41.00K | 106.00K | 52.00K | 54.00K | 123.00K | 2.34M | 1.03M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 103.66M | 56.25M | 39.91M | 47.48M | 59.55M | 75.11M | 59.84M | 44.17M | 28.27M | 2.53M | 2.83M | 3.77M | 4.96M | 3.94M | 1.90M | 3.22M | 6.37M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 900.00K | 2.00M |
| Depreciation & Amortization | 135.55M | 129.84M | 123.70M | 111.30M | 93.85M | 92.15M | 78.09M | 63.43M | 54.29M | 20.25M | 11.64M | 21.36M | 22.76M | 20.37M | 14.53M | 13.71M | 17.16M | 17.19M | 17.19M | 17.22M | 17.59M | 17.59M | 17.59M | 17.59M | 17.59M | 17.59M | 14.86M |
| EBITDA | 352.02M | 530.74M | 691.22M | 21.24M | 190.82M | 252.02M | 131.02M | -18.54M | -139.22M | 18.65M | 17.90M | 20.76M | 60.37M | 62.06M | 37.92M | 64.98M | 108.23M | 69.72M | 66.40M | 110.94M | 74.38M | 39.47M | 60.73M | 75.53M | 39.43M | 43.80M | 39.43M |
| EBITDA Ratio | 39.74% | 51.57% | 54.45% | 21.56% | 28.45% | 36.84% | 29.75% | -2.91% | -15.96% | 40.35% | 47.93% | 83.08% | 64.57% | 67.01% | 57.31% | 76.00% | 34.23% | 30.89% | 31.94% | 63.64% | 99.41% | 99.05% | 99.38% | 99.55% | 97.91% | 96.13% | 93.57% |
| Operating Income | 188.61M | 435.09M | 513.61M | 19.77M | 100.66M | 145.01M | 50.08M | -70.26M | -239.15M | 19.49M | 6.82M | 10.01M | 38.21M | 43.17M | 23.76M | 49.12M | 90.37M | 51.27M | 48.40M | 93.25M | 56.79M | 21.88M | 43.14M | 57.94M | 21.84M | 26.61M | 26.57M |
| Operating Income Ratio | 21.29% | 39.08% | 42.69% | 3.25% | 14.26% | 22.10% | 10.89% | -27.25% | -126.11% | 20.15% | 18.18% | 26.82% | 40.43% | 45.01% | 35.28% | 59.24% | 102.50% | 48.49% | 48.31% | 68.72% | 75.47% | 54.32% | 70.11% | 75.90% | 54.23% | 59.07% | 63.06% |
| Total Other Income/Expenses | -75.80M | 27.14M | 14.00M | -75.88M | -63.23M | -60.25M | -52.37M | -57.61M | 14.26M | -3.23M | -3.29M | -4.13M | 1.61M | -3.41M | -2.08M | -1.06M | -90.37M | -51.27M | -48.40M | -7.42M | -421.30K | -421.41K | -421.66K | -463.62K | -400.00K | 500.00K | 1.70M |
| Income Before Tax | 112.81M | 462.23M | 527.61M | -137.54M | 37.43M | 84.77M | -2.29M | -127.87M | -220.65M | 16.25M | 3.53M | 5.87M | 32.65M | 38.56M | 23.45M | 48.93M | 12.83M | 15.42M | 14.73M | 69.15M | 56.37M | 21.46M | 42.72M | 57.47M | 21.44M | 27.11M | 28.27M |
| Income Before Tax Ratio | 12.74% | 41.51% | 43.85% | -22.62% | 5.30% | 12.92% | -0.50% | -49.60% | -116.36% | 16.81% | 9.40% | 15.74% | 34.55% | 40.21% | 34.83% | 59.02% | 14.55% | 14.58% | 14.70% | 50.96% | 74.91% | 53.27% | 69.42% | 75.29% | 53.24% | 60.18% | 67.10% |
| Income Tax Expense | 541.00K | 379.00K | 389.00K | 131.00K | 237.00K | 232.00K | 56.00K | -155.00K | 189.00K | 258.00K | 7.43M | 59.31M | 657.00K | 724.00K | 485.00K | -1.97M | -71.82M | -30.25M | -29.15M | -16.71M | 9.75M | 9.75M | 9.65M | 9.68M | 9.27M | 8.32M | 5.09M |
| Net Income | 112.27M | 461.85M | 527.22M | -137.67M | 37.19M | 84.53M | -2.35M | -127.71M | -220.84M | 16.00M | -3.90M | -53.43M | 32.65M | 38.56M | 21.68M | 48.05M | 84.84M | 45.72M | 43.97M | 85.84M | 47.46M | 12.55M | 33.92M | 48.72M | 12.57M | 17.39M | 19.48M |
| Net Income Ratio | 12.67% | 41.48% | 43.82% | -22.65% | 5.27% | 12.88% | -0.51% | -49.54% | -116.46% | 16.54% | -10.40% | -143.18% | 34.55% | 40.21% | 32.20% | 57.96% | 96.23% | 43.24% | 43.89% | 63.26% | 63.07% | 31.16% | 55.12% | 63.83% | 31.22% | 38.60% | 46.23% |
| EPS | 0.56 | 2.30 | 2.74 | -0.96 | 0.26 | 0.59 | -0.02 | -1.34 | -7.30 | 1.38 | -0.70 | -10.07 | 6.17 | 9.30 | 5.85 | 12.94 | 22.84 | 12.29 | 11.83 | 23.11 | 12.80 | 3.36 | 9.12 | 13.12 | 3.41 | 4.70 | 7.41 |
| EPS Diluted | 0.56 | 2.30 | 2.73 | -0.96 | 0.26 | 0.59 | -0.02 | -1.34 | -7.30 | 1.38 | -0.70 | -10.01 | 6.12 | 9.30 | 5.85 | 12.94 | 22.84 | 12.29 | 11.83 | 23.11 | 12.80 | 3.36 | 9.12 | 13.12 | 3.41 | 4.70 | 7.41 |
| Weighted Avg Shares Out | 199.92M | 200.69M | 192.36M | 143.57M | 143.79M | 144.13M | 125.02M | 95.24M | 30.24M | 11.39M | 5.56M | 5.31M | 5.30M | 4.15M | 3.71M | 3.71M | 3.71M | 3.72M | 3.72M | 3.71M | 3.71M | 3.71M | 3.71M | 3.71M | 3.71M | 3.71M | 2.63M |
| Weighted Avg Shares Out (Dil) | 200.48M | 201.19M | 192.97M | 143.57M | 143.88M | 144.43M | 125.02M | 95.24M | 30.27M | 11.42M | 5.60M | 5.34M | 5.34M | 4.15M | 3.71M | 3.71M | 3.71M | 3.72M | 3.72M | 3.71M | 3.71M | 3.71M | 3.71M | 3.71M | 3.71M | 3.71M | 2.63M |
Golden Ocean (GOGL) stock is thriving but May 22 will be key
Golden Ocean Group (NASDAQ: GOGL) stock price has done well this year, helped by its strong market share gains. It has soared by over 50% while the Nasdaq 100 and S&P 500 indices have risen by less than 10%.
GOGL – Invitation to presentation of Q1 2024 Results
Golden Ocean Group Limited (the “Company) will publish its financial results for the first quarter of 2024 on Wednesday May 22, 2024. In connection with the release, a conference call and webcast will be held as described below: Conference call...
Golden Ocean Group (GOGL) Rises As Market Takes a Dip: Key Facts
Golden Ocean Group (GOGL) reachead $14.13 at the closing of the latest trading day, reflecting a +0.28% change compared to its last close.
GOGL – 2024 AGM Results Notification
Golden Ocean Group Limited (the “Company”) advises that the 2024 Annual General Meeting of the Shareholders of the Company was held on April 29, 2024, at 16:30 hrs, at Hamilton Princess and Beach Club, 76 Pitts Bay Road, Hamilton HMCX,...
Golden Ocean Group Stock: What A Strength - More To Come
GOGL is the only public pure-play capesize provider on the market - in theory, this shipping niche should suffer less than others from the imminent influx of new supply. For the 11th consecutive quarter, GOGL announced a cash dividend of...
Golden Ocean Group (GOGL) Increases Despite Market Slip: Here's What You Need to Know
In the most recent trading session, Golden Ocean Group (GOGL) closed at $13.82, indicating a +1.69% shift from the previous trading day.
Is Golden Ocean Group (GOGL) Stock Outpacing Its Transportation Peers This Year?
Here is how Golden Ocean Group (GOGL) and Teekay Tankers (TNK) have performed compared to their sector so far this year.
Golden Ocean Group (GOGL) Ascends While Market Falls: Some Facts to Note
In the latest trading session, Golden Ocean Group (GOGL) closed at $13.03, marking a +0.15% move from the previous day.
Golden Ocean Group (GOGL) Stock Drops Despite Market Gains: Important Facts to Note
Golden Ocean Group (GOGL) closed at $12.72 in the latest trading session, marking a -0.47% move from the prior day.
Income Investing: 3 High-Yield Buy-Rated Stocks Worth a Look
Everybody loves dividends, as they provide a passive income stream, limit drawdowns in other positions, and provide more than one way to profit from an investment.
Source: https://incomestatements.info
Category: Stock Reports