OceanPal (SVRN) Gross Profit (2022 - 2024)
OceanPal's (SVRN) quarterly Gross Profit came in at $5.9 million in Q2 2024, up 26.01% year-over-year from $4.7 million in Q3 2023, and up 15.99% quarter-over-quarter from $5.1 million in Q1 2024.
Analysis
OceanPal (SVRN) Gross Profit (2022 - 2024) Analysis & Trends
OceanPal has disclosed Gross Profit across 3 years of filings, most recently posting $5.9 million for Q2 2024.
- In Q2 2024, Gross Profit rose 26.01% year-over-year to $5.9 million; the TTM figure through Jun 2024 stood at $20.0 million (up 26.99% YoY), while the FY2024 annual figure was $22.0 million, up 29.22% from the prior year.
- Gross Profit came in at $5.9 million for Q2 2024 at OceanPal, up from $5.1 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $5.9 million in Q2 2024 to a low of $2.8 million in Q4 2022.
- Average Gross Profit over 3 years is $4.3 million, with a median of $4.4 million recorded in 2022.
- The largest YoY upside for Gross Profit was 82.53% in 2023 against a maximum downside of 22.02% in 2023.
- Over 3 years, Gross Profit stood at $2.8 million in 2022, then soared by 82.53% to $5.2 million in 2023, then advanced by 14.31% to $5.9 million in 2024.
- Per Business Quant data, the three most recent Gross Profit figures were $5.9 million in Q2 2024, $5.1 million in Q1 2024, and $5.2 million in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn |
| 10 | OceanPal | 166,768.10 | 166,768.10 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 5.91 Mn |
| Mar 31, 2024 | 5.10 Mn |
| Dec 31, 2023 | 5.17 Mn |
| Sep 30, 2023 | 3.84 Mn |
| Jun 30, 2023 | 4.69 Mn |
| Mar 31, 2023 | 3.32 Mn |
| Dec 31, 2022 | 2.83 Mn |
| Sep 30, 2022 | 4.92 Mn |
| Jun 30, 2022 | 4.18 Mn |
| Mar 31, 2022 | 3.47 Mn |