OceanPal (SVRN) Revenue (2022 - 2024)
OceanPal's (SVRN) quarterly Revenue came in at $6.7 million in Q2 2024, up 24.87% year-over-year from $5.4 million in Q3 2023, and up 18.46% quarter-over-quarter from $5.7 million in Q1 2024.
Analysis
OceanPal (SVRN) Revenue (2022 - 2024) Analysis & Trends
OceanPal has disclosed Revenue across 3 years of filings, most recently posting $6.7 million for Q2 2024.
- In Q2 2024, Revenue rose 24.87% year-over-year to $6.7 million; the TTM figure through Jun 2024 stood at $22.1 million (up 9.82% YoY), while the FY2025 annual figure was $14.1 million, down 45.14% from the prior year.
- Revenue came in at $6.7 million for Q2 2024 at OceanPal, up from $5.7 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $6.7 million in Q2 2024 to a low of $3.7 million in Q1 2022.
- Average Revenue over 3 years is $5.0 million, with a median of $5.3 million recorded in 2022.
- Year-over-year, Revenue fell 24.42% in 2023 and surged 46.27% in 2024.
- Over 3 years, Revenue stood at $5.7 million in 2022, then advanced by 1.47% to $5.8 million in 2023, then grew by 16.0% to $6.7 million in 2024.
- Per Business Quant data, the three most recent Revenue figures were $6.7 million in Q2 2024, $5.7 million in Q1 2024, and $5.8 million in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 943.30 Mn |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 922.40 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 969.40 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 467.29 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 815.78 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 1.22 Bn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 408.73 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 1.78 Bn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 357.41 Mn |
| 10 | OceanPal | 166,768.10 | 166,768.10 | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 6.74 Mn |
| Mar 31, 2024 | 5.69 Mn |
| Dec 31, 2023 | 5.81 Mn |
| Sep 30, 2023 | 3.87 Mn |
| Jun 30, 2023 | 5.40 Mn |
| Mar 31, 2023 | 3.89 Mn |
| Dec 31, 2022 | 5.72 Mn |
| Sep 30, 2022 | 5.12 Mn |
| Jun 30, 2022 | 4.57 Mn |
| Mar 31, 2022 | 3.68 Mn |