Nordic American Tankers Limited (0UC0.L)

Energy | Oil Gas Energy
Income Statement (Quarterly) 2025-09-30 2025-06-30 2025-03-31 2024-12-31
Revenue 74,999,000 66,727,999 64,790,000 46,389,000
Cost of Revenue 61,178,000 59,919,000 56,594,000 14,708,000
Gross Profit 13,821,000 6,808,999 8,196,000 31,681,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 7,037,000 6,375,000 6,848,000 9,056,000
Operating Expenses 7,037,000 6,375,000 6,848,000 22,926,000
Operating Income 6,784,000 434,000 1,348,000 8,755,000
Interest Expense 9,823,000 9,239,000 7,359,000 7,097,000
Income Before Tax -2,781,000 -852,000 4,246,000 1,295,000
Income Tax Expense 0 0 0 -10,000
Net Income -2,781,000 -852,000 4,246,000 1,295,000
Per Share
EPS -0.01 0.00 0.02 0.01
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2024-12-31 2023-12-31 2022-12-31
Revenue 349,742,000 391,687,000 339,340,000
Cost of Revenue 243,606,000 240,907,000 284,366,000
Gross Profit 106,136,000 150,780,000 54,974,000
Operating Expenses
R&D Expenses 0 0 0
SG&A Expenses 28,825,000 22,890,000 18,798,000
Operating Expenses 28,825,000 22,890,000 18,798,000
Operating Income 77,311,000 127,890,000 36,176,000
Interest Expense 30,739,000 30,498,000 27,855,000
Income Before Tax 46,633,000 98,831,000 15,124,000
Income Tax Expense -10,000 120,000 23,000
Net Income 46,643,000 98,711,000 15,101,000
Per Share
EPS 0.22 0.47 0.07
EPS Diluted 0.00 0.00 0.00
Balance Sheet (Quarterly) 2024-12-31 2023-12-31 2022-12-31
Assets
Cash and Cash Equivalents 39,177,000 31,078,000 63,302,000
Short Term Investments 0 0 0
Net Receivables 16,223,000 26,287,000 20,474,000
Inventory 28,501,000 42,361,000 49,427,000
Total Current Assets 98,771,000 108,910,000 142,662,000
Property Plant Equipment 715,273,000 770,131,000 737,073,000
Goodwill and Intangibles 0 0 0
Total Assets 817,587,000 879,196,000 879,883,000
Liabilities
Account Payables 4,257,000 3,446,000 6,960,000
Short Term Debt 21,560,000 31,898,000 39,700,000
Total Current Liabilities 59,785,000 70,478,000 72,414,000
Long Term Debt 248,144,000 269,697,000 266,337,000
Total Liabilities 308,774,000 340,892,000 339,901,000
Shareholders Equity
Retained Earnings -10,873,000 -57,516,000 -156,227,000
Total Shareholders Equity 508,813,000 538,304,000 539,982,000
Balance Sheet (Annual) 2024-12-31 2023-12-31 2022-12-31
Assets
Cash and Cash Equivalents 39,177,000 31,078,000 63,302,000
Short Term Investments 0 0 0
Net Receivables 16,223,000 26,287,000 20,474,000
Inventory 28,501,000 42,361,000 49,427,000
Total Current Assets 98,771,000 108,910,000 142,662,000
Property Plant Equipment 715,273,000 770,131,000 737,073,000
Goodwill and Intangibles 0 0 0
Total Assets 817,587,000 879,196,000 879,883,000
Liabilities
Account Payables 4,257,000 3,446,000 6,960,000
Short Term Debt 21,560,000 31,898,000 39,700,000
Total Current Liabilities 59,785,000 70,478,000 72,414,000
Long Term Debt 248,144,000 269,697,000 266,337,000
Total Liabilities 308,774,000 340,892,000 339,901,000
Shareholders Equity
Retained Earnings -10,873,000 -57,516,000 -156,227,000
Total Shareholders Equity 508,813,000 538,304,000 539,982,000
Cash Flow Statement (Quarterly) 2024-12-31 2023-12-31 2022-12-31
Operating Activities
Net Income 46,643,000 98,711,000 15,101,000
Depreciation & Amortization 57,001,000 51,397,000 50,421,000
Stock Based Compensation 1,847,000 2,203,000 476,000
Change in Working Capital 21,161,000 -4,666,000 -31,631,000
Operating Cash Flow 128,158,000 139,445,000 24,134,000
Investing Activities
Capital Expenditure -2,620,000 -73,670,000 -95,417,000
Investments -2,620,000 -73,670,000 -95,417,000
Investing Cash Flow -2,620,000 -73,670,000 -14,343,000
Financing Activities
Debt Repayment -32,741,000 -5,220,000 -17,409,000
Common Stock Issued/Repurchased 5,385,000 0 17,409,000
Dividends Paid -87,695,000 -89,783,000 -22,682,000
Financing Cash Flow -115,051,000 -95,672,000 9,005,000
Summary
Free Cash Flow 125,538,000 65,775,000 -71,283,000
Net Change in Cash 11,023,000 -29,941,000 18,654,000
Cash Flow Statement (Annual) 2024-12-31 2023-12-31 2022-12-31
Operating Activities
Net Income 46,643,000 98,711,000 15,101,000
Depreciation & Amortization 57,001,000 51,397,000 50,421,000
Stock Based Compensation 1,847,000 2,203,000 476,000
Change in Working Capital 21,161,000 -4,666,000 -31,631,000
Operating Cash Flow 128,158,000 139,445,000 24,134,000
Investing Activities
Capital Expenditure -2,620,000 -73,670,000 -95,417,000
Investments -2,620,000 -73,670,000 -95,417,000
Investing Cash Flow -2,620,000 -73,670,000 -14,343,000
Financing Activities
Debt Repayment -32,741,000 -5,220,000 -17,409,000
Common Stock Issued/Repurchased 5,385,000 0 17,409,000
Dividends Paid -87,695,000 -89,783,000 -22,682,000
Financing Cash Flow -115,051,000 -95,672,000 9,005,000
Summary
Free Cash Flow 125,538,000 65,775,000 -71,283,000
Net Change in Cash 11,023,000 -29,941,000 18,654,000