International Seaways, Inc. Income Statement

Income Statement Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & cost
Revenue 517.02M497.63M398.32M290.10M270.36M366.18M421.65M272.55M864.66M1,071.78M951.61M
Gross Profit 948.79M
Operating items
Depreciation & Amortization - Total 65.61M64.39M63.33M59.88M56.71M60.31M61.87M71.51M89.75M98.86M109.29M
Wages, Salaries and Other 16.67M
Selling, General & Administrative 52.60M41.52M30.35M24.45M24.30M26.80M28.98M33.23M46.35M47.47M52.61M
Rent Expense 60.95M36.80M37.41M41.70M44.91M57.51M
Restructuring Costs 3.33M0.09M3.28M
Other Operating Expenses 9.96M4.46M-79.20M-86.86M-19.68M-0.31M-100.09M9.75M19.65M35.93M32.66M
Operating Expenses 512.41M321.32M391.11M398.05M324.89M311.02M381.77M384.68M422.01M456.34M496.39M
Operating Income 42.48M221.87M24.06M-107.94M-54.53M66.38M44.00M-112.14M443.37M615.43M455.23M
EBIT 42.48M221.87M24.06M-107.94M-54.53M66.38M44.00M-112.14M443.37M615.43M455.23M
Non-operating items
Interest & Investment Income 0.68M1.30M2.52M0.56M0.10M3.65M13.96M9.92M
Other Non Operating Income -0.04M0.07M-0.97M-5.82M-3.71M-0.94M-12.82M-5.95M2.33M10.65M10.12M
Non Operating Income -0.04M0.07M-1.35M-5.82M-3.71M-0.94M-12.82M-5.95M2.33M10.65M10.12M
Net income details
EBT -118.36M178.97M-17.78M-106.04M-89.05M-0.83M-5.53M-133.04M387.98M560.32M415.64M
Tax Provisions 0.75M0.14M0.44M0.04M-0.10M0.00M0.00M1.62M0.10M3.88M-1.08M
Profit After Tax -119.10M173.17M-18.22M-106.09M-88.94M-0.83M-5.53M-134.66M387.89M556.45M416.72M
Equity Income 37.87M45.56M16.85M48.97M29.43M11.21M4.12M21.84M0.71M
Income from Non-Controlling Interests -1.17M
Income from Continuing Operations -119.11M178.83M-18.22M-106.09M-88.94M-0.83M-5.53M-134.66M387.88M556.45M416.72M
Consolidated Net Income -119.11M178.83M-18.22M-106.09M-88.94M-0.83M-5.53M-134.66M387.88M556.45M416.72M
Income towards Parent Company -119.11M178.83M-18.22M-106.09M-88.94M-0.83M-5.53M-134.66M387.88M556.45M416.72M
Net Income towards Common Stockholders -119.10M173.17M-18.22M-106.09M-88.94M-0.83M-5.54M-133.65M387.40M556.04M416.55M
Additional items
EPS (Basic) -4.085.94-0.62-3.64-3.05-0.03-0.20-3.487.8511.358.45
EPS (Weighted Average and Diluted) -0.62-3.64-3.05-0.03-0.20-3.487.7711.258.38
Shares Outstanding (Weighted Average) 29.10M29.16M29.09M29.18M29.27M27.98M50.69M49.08M48.91M49.19M
Shares Outstanding (Diluted Average) 29.16M29.16M29.14M29.23M28.37M38.41M49.84M49.43M49.68M
EBITDA 108.09M286.26M87.38M-48.06M2.18M126.69M105.86M-40.63M533.12M714.29M564.52M
Interest Expenses 56.26M42.97M40.36M41.25M60.23M66.27M36.71M36.80M57.72M65.76M49.70M
Tax Rate 0.080.120.030.69