See more : Vátryggingafélag Íslands hf. (VIS.IC) 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.
You may be interested
- Alfresa Holdings Corporation (2784.T) Income Statement Analysis – Financial Results
- Sri Havisha Hospitality and Infrastructure Limited (HAVISHA.NS) Income Statement Analysis – Financial Results
- Softfront Holdings (2321.T) Income Statement Analysis – Financial Results
- Pyrophyte Acquisition Corp. (PHYT-UN) Income Statement Analysis – Financial Results
- Goldstream Investment Limited (1328.HK) Income Statement Analysis – Financial Results
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 |
GOGL – Notice of 2024 Annual General Meeting
Golden Ocean Group Limited (the “Company”) announces that its 2024 Annual General Meeting will be held on April 29, 2024. A copy of the Notice of Annual General Meeting and associated information including the Company`s Consolidated Financial Statements on Form...
Are Transportation Stocks Lagging Golden Ocean Group (GOGL) This Year?
Here is how Golden Ocean Group (GOGL) and Ryanair (RYAAY) have performed compared to their sector so far this year.
Top Momentum Stocks Supported by Sizeable Dividends
Accompanying their lucrative dividends these stocks are enjoying positive earnings estimate revisions and currently sport a Zacks Rank #1 (Strong Buy) along with an "A" Zacks Style Scores grade for Momentum.
GOGL – Notice of Annual General Meeting 2024
Golden Ocean Group Limited (NASDAQ and OSE: GOGL) (the “Company”) advises that the 2024 Annual General Meeting of the Company will be held on April 29, 2024. The record date for voting at the Annual General Meeting is set to...
GOGL - Filing of 2023 Annual Report on Form 20-F
Golden Ocean Group Limited (NASDAQ and OSE: GOGL) (the “Company”) announces that its annual report on Form 20-F for the year ended December 31, 2023 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “Commission”)....
What Makes Golden Ocean Group (GOGL) a Strong Momentum Stock: Buy Now?
Does Golden Ocean Group (GOGL) have what it takes to be a top stock pick for momentum investors? Let's find out.
5 Stocks With Recent Price Strength to Tap Wall Street Rally
Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are ARM, EME, GOGL, TILE, AYI.
Golden Ocean Group Limited (GOGL) Q4 2023 Earnings Call Transcript
Golden Ocean Group Limited (GOGL) Q4 2023 Earnings Call Transcript
GOGL – Q4 2023 Presentation
Please find enclosed the presentation of Golden Ocean Group Limited's fourth quarter 2023 results for today's webcast / conference call at 15:00 CET.
GOGL – Fourth Quarter 2023 Results
Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the “Company” or “Golden Ocean”), the world's largest listed owner of large size dry bulk vessels, today announced its unaudited results for the three and twelve months ended December 31, 2023.
Source: https://incomestatements.info
Category: Stock Reports