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 comp…
Marine Shipping
BM, Hamilton [HQ]
GOGL/Financial Reporting
Income Statements
15 Sheets · Starting from 2009In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 67.00 | 95.00 | 94.00 | 37.00 | 37.00 | 96.00 | 189.00 | 257.00 | 460.00 | 656.00 | 705.00 | 607.00 | 1,203.00 | 1,113.00 | 885.00 | |
|
EPS
|
5.85 | 9.30 | 6.17 | -10.07 | -0.70 | 1.38 | -7.30 | -1.34 | -0.02 | 0.59 | 0.26 | -0.96 | 2.74 | 2.30 | 0.56 | |
| Diluted in mil. | 5.85 | 9.30 | 6.12 | -10.01 | -0.70 | 1.38 | -7.30 | -1.34 | -0.02 | 0.59 | 0.26 | -0.96 | 2.73 | 2.30 | 0.56 | |
|
Profit
|
58.00 | 65.00 | 64.00 | 14.00 | 11.00 | 24.00 | -58.00 | -55.00 | 60.00 | 157.00 | 115.00 | 44.00 | 528.00 | 421.00 | 209.00 | |
| Gross Margin | 87.25 | 68.57 | 68.24 | 38.23 | 31.32 | 25.36 | -30.88 | -21.35 | 13.07 | 24.01 | 16.43 | 7.25 | 43.90 | 37.87 | 23.70 | |
| Pre Tax | 23.00 | 38.00 | 32.00 | 5.00 | 3.00 | 16.00 | -220.00 | -127.00 | -2.00 | 84.00 | 37.00 | -137.00 | 527.00 | 462.00 | 112.00 | |
| Profit Margin | 34.83 | 40.21 | 34.55 | 15.74 | 9.40 | 16.81 | -116.36 | -49.60 | -0.50 | 12.92 | 5.30 | -22.62 | 43.85 | 41.51 | 12.74 | |
| ETR | 2.07 | 1.88 | 2.01 | 1,009.72 | 210.57 | 1.59 | -0.09 | 0.12 | -2.44 | 0.27 | 0.63 | -0.10 | 0.07 | 0.08 | 0.48 | |
| Net | 21.00 | 38.00 | 32.00 | -53.00 | -3.00 | 15.00 | -220.00 | -127.00 | -2.00 | 84.00 | 37.00 | -137.00 | 527.00 | 461.00 | 112.00 | |
| Profit Margin | 32.20 | 40.21 | 34.55 | -143.18 | -10.40 | 16.54 | -116.46 | -49.54 | -0.51 | 12.88 | 5.27 | -22.65 | 43.82 | 41.48 | 12.67 | |
| EBITDA | 38.00 | 64.00 | 61.00 | 31.00 | 17.00 | 39.00 | -30.00 | -7.00 | 136.00 | 241.00 | 200.00 | 131.00 | 655.00 | 574.00 | 326.00 | |
| EBITDA Margin | 57.31 | 67.01 | 64.57 | 83.08 | 47.93 | 40.35 | -15.96 | -2.91 | 29.75 | 36.84 | 28.45 | 21.56 | 54.45 | 51.57 | 36.89 | |
| Operating Income | 23.00 | 43.00 | 38.00 | 10.00 | 6.00 | 19.00 | -239.00 | -70.00 | 50.00 | 145.00 | 100.00 | 19.00 | 513.00 | 435.00 | 191.00 | |
| Operating Margin | 35.28 | 45.01 | 40.43 | 26.82 | 18.18 | 20.15 | -126.11 | -27.25 | 10.89 | 22.10 | 14.26 | 3.25 | 42.69 | 39.08 | 21.59 | |
| Interest Income | - - | - - | - - | - - | - - | - - | - - | 1.00 | 2.00 | 7.00 | 4.00 | 1.00 | - - | 2.00 | 4.00 | |
| Loss | -43.00 | -52.00 | -56.00 | -27.00 | -30.00 | -77.00 | -265.00 | -327.00 | -408.00 | -510.00 | -605.00 | -574.00 | -695.00 | -712.00 | -694.00 | |
| Cost of Revenue | -8.00 | -30.00 | -30.00 | -23.00 | -25.00 | -72.00 | -248.00 | -312.00 | -399.00 | -498.00 | -589.00 | -563.00 | -675.00 | -691.00 | -675.00 | |
|
Operating Expenses
|
-34.00 | -22.00 | -26.00 | -4.00 | -4.00 | -5.00 | -17.00 | -14.00 | -8.00 | -11.00 | -15.00 | -10.00 | -20.00 | -20.00 | -18.00 | |
| R&D | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| G&A | - - | -3.00 | - - | -4.00 | -4.00 | -5.00 | -12.00 | -12.00 | -12.00 | -14.00 | -14.00 | -13.00 | -18.00 | -20.00 | -18.00 | |
| SG&A | -20.00 | -3.00 | -3.00 | -4.00 | -4.00 | -5.00 | -12.00 | -12.00 | -12.00 | -14.00 | -14.00 | -13.00 | -18.00 | -20.00 | -18.00 | |
| S&M | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Depreciation and Amortization | -14.00 | -20.00 | -22.00 | -21.00 | -11.00 | -20.00 | -54.00 | -64.00 | -78.00 | -92.00 | -93.00 | -111.00 | -123.00 | -129.00 | -135.00 | |
| Interest Expenses | -1.00 | -3.00 | -4.00 | -3.00 | -2.00 | -2.00 | -28.00 | -44.00 | -59.00 | -75.00 | -59.00 | -47.00 | -39.00 | -56.00 | -108.00 | |
| Other Expenses | - - | - - | - - | - - | - - | - - | -117.00 | -15.00 | -3.00 | -6.00 | -63.00 | -157.00 | -13.00 | -27.00 | -78.00 | |
|
WA Shares Outstanding
|
3.00 | 4.00 | 5.00 | 5.00 | 5.00 | 11.00 | 30.00 | 95.00 | 125.00 | 144.00 | 143.00 | 143.00 | 192.00 | 200.00 | 199.00 | |
| Diluted | 3.00 | 4.00 | 5.00 | 5.00 | 5.00 | 11.00 | 30.00 | 95.00 | 125.00 | 144.00 | 143.00 | 143.00 | 192.00 | 201.00 | 200.00 |