Income Statement (TTM)
Northern Ocean Ltd. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2020 09-30 |
2020 12-31 |
2021 03-31 |
2021 06-30 |
2021 09-30 |
2021 12-31 |
2022 03-31 |
2022 06-30 |
2022 09-30 |
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 72 | 87 | 96 | 84 | 67 | 58 | 43 | 32 | 29 | 22 | 43 | 77 | 151 | 217 | 268 | 303 | 267 | 253 | 227 | 205 |
| Change (%) | 20.98 | 9.29 | -12.23 | -20.08 | -13.37 | -25.67 | -25.56 | -10.01 | -25.11 | 96.52 | 81.34 | 95.71 | 43.64 | 23.46 | 13.16 | -11.98 | -5.22 | -10.37 | -9.44 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 71 | 77 | 78 | 77 | 66 | 52 | 39 | 32 | 28 | 37 | 58 | 77 | 137 | 191 | 231 | 250 | 228 | 206 | 176 | 162 |
| Change (%) | 9.27 | 0.71 | -0.73 | -14.27 | -21.47 | -24.42 | -19.27 | -10.73 | 32.22 | 54.17 | 33.92 | 77.23 | 39.53 | 20.68 | 8.31 | -8.62 | -9.61 | -14.57 | -8.10 | |
| % of Revenue | 97.75 | 88.29 | 81.35 | 92.02 | 98.71 | 89.47 | 90.98 | 98.67 | 97.88 | 172.81 | 135.57 | 100.11 | 90.66 | 88.06 | 86.08 | 82.39 | 85.53 | 81.56 | 77.74 | 78.89 |
| Gross Operating Profit | 2 | 10 | 18 | 7 | 1 | 6 | 4 | 0 | 1 | -16 | -15 | -0 | 14 | 26 | 37 | 53 | 39 | 47 | 50 | 43 |
| Change (%) | 529.36 | 73.98 | -62.42 | -87.06 | 605.31 | -36.27 | -88.99 | 43.12 | -2,668.73 | -4.00 | -99.42 | -16,134.09 | 83.57 | 44.02 | 43.16 | -27.68 | 20.74 | 8.23 | -14.14 | |
| % of Revenue | 2.25 | 11.71 | 18.65 | 7.98 | 1.29 | 10.53 | 9.02 | 1.33 | 2.12 | -72.81 | -35.57 | -0.11 | 9.34 | 11.94 | 13.92 | 17.61 | 14.47 | 18.44 | 22.26 | 21.11 |
| SG&A | 5 | 4 | 5 | 7 | 14 | 16 | 16 | 15 | 9 | 8 | 7 | 7 | 8 | 8 | 7 | 7 | 7 | 7 | 8 | 7 |
| Change (%) | -2.64 | 20.16 | 38.47 | 87.85 | 10.95 | 4.81 | -9.55 | -41.87 | -7.14 | -6.41 | 0.33 | 3.86 | -3.17 | -3.12 | 2.66 | -10.41 | 4.44 | 12.64 | -5.89 | |
| % of Revenue | 6.39 | 5.14 | 5.65 | 8.91 | 20.95 | 26.83 | 37.84 | 45.98 | 29.70 | 36.83 | 17.54 | 9.70 | 5.15 | 3.47 | 2.72 | 2.47 | 2.52 | 2.77 | 3.48 | 3.62 |
| R&D | ||||||||||||||||||||
| Change (%) | ||||||||||||||||||||
| % of Revenue | ||||||||||||||||||||
| OpEx | 97 | 111 | 115 | 124 | 121 | 108 | 96 | 84 | 78 | 86 | 106 | 126 | 187 | 241 | 281 | 302 | 282 | 263 | 236 | 223 |
| Change (%) | 14.80 | 3.87 | 7.51 | -2.68 | -10.52 | -11.54 | -12.44 | -7.26 | 10.26 | 23.29 | 18.92 | 48.58 | 29.00 | 16.88 | 7.47 | -6.84 | -6.55 | -10.33 | -5.36 | |
| % of Revenue | 133.92 | 127.08 | 120.78 | 147.95 | 180.15 | 186.09 | 221.47 | 260.51 | 268.47 | 395.26 | 247.96 | 162.61 | 123.45 | 110.87 | 104.96 | 99.69 | 105.51 | 104.03 | 104.08 | 108.77 |
| Operating Income | -25 | -24 | -20 | -40 | -54 | -50 | -52 | -52 | -49 | -64 | -63 | -48 | -35 | -24 | -13 | 1 | -15 | -10 | -9 | -18 |
| Change (%) | -3.42 | -16.13 | 102.51 | 33.59 | -6.95 | 4.88 | -1.64 | -5.55 | 31.25 | -1.52 | -23.26 | -26.69 | -33.44 | -43.65 | -107.19 | -1,639.69 | -30.60 | -9.44 | 94.76 | |
| % of Revenue | -33.92 | -27.08 | -20.78 | -47.95 | -80.15 | -86.09 | -121.47 | -160.51 | -168.47 | -295.26 | -147.96 | -62.61 | -23.45 | -10.87 | -4.96 | 0.31 | -5.51 | -4.03 | -4.08 | -8.77 |
| Interest Expense | -15 | -18 | -19 | -18 | -20 | -22 | -22 | -23 | -26 | -28 | -32 | -37 | -42 | -46 | -49 | -51 | -54 | -56 | -59 | -62 |
| Change (%) | 22.24 | 3.97 | -4.83 | 13.28 | 6.27 | 3.32 | 4.87 | 10.54 | 7.45 | 14.80 | 14.41 | 14.37 | 9.92 | 5.99 | 3.91 | 6.53 | 4.33 | 4.54 | 4.62 | |
| % of Revenue | -20.56 | -20.77 | -19.76 | -21.43 | -30.37 | -37.26 | -51.79 | -72.96 | -89.62 | -128.59 | -75.12 | -47.39 | -27.69 | -21.19 | -18.19 | -16.71 | -20.22 | -22.26 | -25.96 | -29.99 |
| Net Income | -36 | -37 | -33 | -52 | -70 | -11 | -14 | -18 | -19 | -93 | -95 | -84 | -75 | -71 | -64 | -52 | -70 | -66 | -67 | -76 |
| Change (%) | 2.38 | -10.43 | 59.34 | 34.59 | -84.28 | 26.12 | 28.42 | 7.11 | 385.65 | 2.79 | -11.64 | -11.55 | -4.99 | -10.13 | -18.36 | 35.04 | -6.53 | 2.45 | 13.01 | |
| % of Revenue | -49.32 | -41.74 | -34.21 | -62.10 | -104.57 | -18.98 | -32.20 | -55.55 | -66.12 | -428.82 | -224.28 | -109.29 | -49.39 | -32.67 | -23.78 | -17.16 | -26.32 | -25.96 | -29.67 | -37.03 |
Source: Capital IQ
