Top Ships (TOPS) Operating Expenses (2009 - 2021)
Top Ships (TOPS) posted Operating Expenses of $10.8 million for Q4 2021, up 1335.76% on a QoQ basis from $755000.0 in Q4 2020, and up 1335.76% year-over-year from $755000.0 in Q4 2020.
Analysis
Top Ships (TOPS) Operating Expenses (2009 - 2021) Analysis & Trends
Top Ships has reported Operating Expenses for 8 years, with the latest figure at $10.8 million in Q4 2021.
- On a quarterly basis, Operating Expenses rose 1335.76% year-over-year to $10.8 million in Q4 2021; TTM through Dec 2021 was $19.9 million, a 92.36% increase from a year earlier, with the FY2025 full-year figure at $30.2 million, down 4.8% from the prior year.
- Operating Expenses was $10.8 million for Q4 2021 at Top Ships, up from $755000.0 in the prior quarter.
- The five-year high for Operating Expenses was $10.8 million in Q4 2021, with the low at $755000.0 in Q4 2020.
- Average Operating Expenses over 3 years is $6.2 million, with a median of $7.1 million recorded in 2019.
- The sharpest annual moves came in 2020 and 2021: Operating Expenses tumbled 89.3% in 2020, then surged 1335.76% in 2021.
- Over 3 years, Operating Expenses stood at $7.1 million in 2019, then tumbled by 89.3% to $755000.0 in 2020, then soared by 1335.76% to $10.8 million in 2021.
- The last three Operating Expenses figures came in at $10.8 million (Q4 2021), $755000.0 (Q4 2020), and $7.1 million (Q4 2019), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 347.18 Mn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 800.04 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 810.50 Mn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 168.38 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | -47.20 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | -783.93 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | -10.41 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 202.38 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | -72.60 Mn |
| 10 | Top Ships | 1.31 Mn | 1.31 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | 10.84 Mn |
| Dec 31, 2020 | 755,000.00 |
| Dec 31, 2019 | 7.05 Mn |
| Dec 31, 2014 | 1.22 Mn |
| Sep 30, 2014 | 1.30 Mn |
| Jun 30, 2014 | 229,840.00 |
| Mar 31, 2014 | 354,160.00 |
| Dec 31, 2013 | 1.99 Mn |
| Sep 30, 2013 | 2.57 Mn |
| Jun 30, 2013 | 2.68 Mn |
| Mar 31, 2013 | 2.46 Mn |
| Jun 30, 2011 | 11.79 Mn |
| Mar 31, 2011 | 11.76 Mn |
| Dec 31, 2010 | 13.40 Mn |
| Sep 30, 2010 | 12.90 Mn |
| Jun 30, 2010 | 12.54 Mn |
| Mar 31, 2010 | 13.14 Mn |
| Dec 31, 2009 | 16.58 Mn |
| Sep 30, 2009 | 14.59 Mn |
| Jun 30, 2009 | 12.80 Mn |