Name: GNK Income Statement - Genco Shipping & Trading Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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GNK - Genco Shipping & Trading Ltd.

USD | NYSE | Industrials

GNK Income Statement - Genco Shipping & Trading Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q1 FY 17	Q4 FY 16	Q3 FY 16	Q2 FY 16
Revenues
Revenues	114.4	109.9	79.9	80.9	71.3	99.2	99.3	107.0	117.4	115.5	83.4	90.6	94.4	127.0	136.0	137.8

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008
Revenues
Revenues	385.2	342.1	423.0	383.8	536.9	547.1	355.6	389.5	367.5	209.7	135.6	154.0	227.5	226.5	392.2	448.7	379.5	405.4
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income
Operating Income	30.6	7.5	87.0	(5.8)	167.2	201.1	(203.3)	(28.4)	0.5	(29.6)	(186.5)	(192.9)	(66.9)	(69.3)
Non-Operating
Interest Income	1.8	1.5	3.0	2.7	1.0	0.2	1.0	4.1	3.8	1.6	0.2	0.1	0.1	0.4	0.6	0.7
Tax & Net
Income Tax Expense	-	-	-	-	-	-	-	-	-	-	0.7	1.8	1.9	1.2	1.4
Per Share
EPS Basic	0.39	(0.10)	1.77	(0.30)	3.74	4.33	(5.38)	(1.34)	(0.86)	(1.71)	(30.03)	(29.61)	(3.42)	(3.47)	0.72	4.28
Supplementary Data
EBITDA	110.2	83.7	155.7	60.6	227.4	257.3	(138.2)	44.4	69.5	42.2	(110.1)	(113.3)	73.8	69.7	248.8	337.0

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling & Marketing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General & Administrative	8.1	8.3	7.6	7.4	7.5	8.3	6.8	6.3	7.7	7.0	6.6	6.9	7.8	7.4	5.9	6.4	6.0
Depreciation & Amortization	21.0	21.1	19.3	18.1	17.7	17.7	16.6	17.1	17.2	16.7	17.0	16.8	15.9	16.0	15.6	14.5
Amortization of Intangibles	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	3.8	-	-	-	-	0.0	0.0	3.9	1.8	-	-	-	-	-	-	-	-
Total Operating Expenses	101.1	90.9	77.5	85.2	81.0	84.6	75.3	80.7	95.3	108.5	113.7	77.5	89.9	96.2	90.8	88.6

Operating Income
Operating Income	13.3	19.0	2.5	(4.3)	(9.8)	14.6	24.0	26.3	22.1	7.0	(30.4)	13.0	4.4	30.8	45.2	49.2	42.1	93.2	65.4	36.2	6.3	(61.2)	(15.7)	(13.1)	(113.4)	7.6	(7.8)	(27.3)	(0.9)	26.0	12.1	10.9	(48.4)	10.0	(23.8)	(7.2)	(8.6)	(18.6)	(20.1)	(100.8)

Tax & Net
Income Tax Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	(0.1)	0.4	0.1
Net Income From Continuing Ops	9.6	15.3	(1.1)	(6.8)	(12.0)	12.5	21.6	23.5	18.9	5.1	(31.9)	11.5	2.9	28.9	41.0	47.6	41.9
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	9.6	15.3	(1.1)	(6.8)	(12.0)	12.5	21.6	23.5	18.9	5.1	(31.9)	11.5	2.9	28.9	41.0	47.6	41.9
Net Income Attributable To Parent	9.3	15.4	(1.1)	(6.8)	(11.9)	12.7	21.5	23.5	18.8	4.9	(32.0)	11.6	2.6	28.7	40.8	47.4
Less: Minority Interest	0.3	(0.1)	(0.0)	(0.0)	(0.0)	(0.2)	0.1	0.0	0.1	0.2	0.1	(0.0)	0.2	0.1	0.2	0.2	0.2
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	9.3	15.4	(1.1)	(6.8)	(11.9)	12.7	21.5	23.5	18.8	4.9	(32.0)	11.6	2.6	28.7	40.8

Per Share
EPS Basic	0.21	-	(0.02)	(0.16)	(0.28)	-	0.50	0.54	0.44	-	(0.75)	0.27	0.06	-	0.96	1.12	0.99	-	1.36	0.76	0.05	-	(0.50)	(0.43)	(2.87)	-	(0.35)	(0.83)	(0.19)	-	0.14	(0.03)	(1.61)	-	(0.90)	(0.42)	(0.47)	-	(3.80)	(15.32)
EPS Diluted	0.21	-	(0.02)	(0.16)	(0.28)	-	0.49	0.54	0.43	-	(0.75)	0.27	0.06	-	0.95	1.10	0.97	-
Shares Basic	43.7	-	43.4	43.4	43.2	-	43.1	43.1	42.9	-	42.8	42.8	42.6	-	42.5	42.4	42.2	-
Shares Diluted	44.4	-	43.4	43.4	43.2	-	43.7	43.7	43.6	-	42.8	43.1	43.1	-	42.9	43.0	42.9	-

Supplementary Data
EBITDA	34.4	40.2	21.8	13.9	7.9	32.3	40.7	43.4	39.3	23.7	(13.3)	29.8	20.4	46.8	60.8	63.7	56.2	108.0	79.6	50.0	19.8	(45.6)	0.4	2.8	(95.8)	25.9	10.4	(9.0)	17.2	44.3	29.4	27.3	(31.5)	27.6	(5.9)	10.9	9.6	(0.5)	(2.0)	(81.1)
EBIT	13.3	19.0	2.5	(4.3)	(9.8)	14.6	24.0	26.3	22.1	7.0	(30.4)	13.0	4.4	30.8	45.2	49.2	42.1	93.2	65.4

Non-Operating
Interest Income	0.7	0.5	0.4	0.2	0.4	0.7	0.7	0.7	0.8	0.8	0.6	0.5	0.8	0.7	0.3	0.1	0.0	0.0	0.0	0.0	0.1	0.1	0.1	0.3	0.6	0.8	0.9	1.1	1.3	1.1	1.1	0.9	0.8	0.5	0.5	0.3	0.2	0.1	0.0	0.0
Interest Expense	4.5	4.0	3.2	2.6	2.5	2.8	3.0	3.5	4.0	2.6	2.0	2.1	2.0	2.2	2.3	2.4	2.2	2.4
Income From Equity Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Operating Income	(3.7)	(3.7)	(3.5)	(2.5)	(2.2)	(2.1)	(2.5)	(2.8)	(3.2)	(1.9)	(1.5)	(1.5)	(1.6)	(1.9)	(4.1)	(1.6)	(0.2)
Pre-Tax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-