DIANA SHIPPING INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $114.3m $161.9m $226.2m $220.7m $169.7m $214.2m $290.0m $262.1m $228.2m $213.5m
Cost of Goods and Services Sold $85.7m $121.4m $158.4m $174.5m $127.3m $5.6m $117.9m $143.4m $136.0m $137.3m
Gross Profit (Calculated) (derived) $28.6m $40.5m $67.8m $46.2m $42.4m $208.6m $172.1m $118.7m $92.2m $76.3m
Operating expenses:
Operating Costs and Expenses $86.0m $90.4m $95.5m $90.6m $85.8m $74.8m $72.0m $85.5m $82.6m $80.2m
Operating Income (Loss) ($88.3m) ($484.0m) $38.2m $17.6m ($112.7m) $63.5m $142.7m $85.7m $58.8m $42.2m
Additional Financial Items
Equity Securities, FV-NI, Realized Gain (Loss) ($400k)
Foreign Currency Transaction Gain (Loss), before Tax $253k
Gain (Loss) on Investments ($1.6m) ($1.1m) ($333k) ($3.9m) ($1.1m)
Gain (Loss) Related to Litigation Settlement $5.5m $0 $0
Income (Loss) from Equity Method Investments ($56.4m) ($5.6m) $14k ($1.1m) ($333k) $894k ($262k) ($146k) ($2.8m)
Interest and Other Income $4.5m $8.8m $2.9m $728k $176k $2.7m $8.2m $8.4m $7.5m
Other Income ($296k) $542k
Preferred Stock Dividends, Income Statement Impact $5.8m $5.8m $5.8m $5.8m $5.8m $5.8m $5.8m $5.8m $5.8m $5.8m
Net Income (Loss) Attributable to Parent ($170.0m) ($517.5m) $10.8m ($10.5m) ($134.2m) $57.4m $119.1m $49.8m $12.7m $17.8m
Net Income (Loss) Available to Common Stockholders, Basic ($170.0m) ($517.5m) $10.8m ($16.3m) ($140.0m) $51.6m $113.3m $44.1m $7.0m $12.1m
Earnings Per Share, Basic ($0.17) ($1.62) $0.64 $1.42 $0.44 $0.06 $0.11
Earnings Per Share, Diluted ($2.11) ($5.41) $0.10 ($0.17) ($1.62) $0.61 $1.36 $0.42 $0.05 $0.11
Weighted Average Number of Shares Outstanding, Basic 80.4m 95.7m 103.7m 95.2m 86.1m 81.1m 80.1m 100.2m 116.0m 110.5m
Weighted Average Number of Shares Outstanding, Diluted 80.4m 95.7m 104.7m 95.2m 86.1m 84.9m 83.3m 101.9m 118.7m 110.5m
General and Administrative Expense $25.5m $26.3m $29.5m $28.6m $32.8m $29.2m $29.4m $33.0m $33.4m $34.1m
Direct Costs of Leased and Rented Property or Equipment $10.8m $14.4m $13.3m $11.6m
Fuel Costs ($8.1m) $474k
Interest Expense $21.5m $20.2m $27.4m $49.3m $47.5m $43.0m
Interest Expense, Debt $19.5m $25.0m $28.3m $28.0m $20.7m $20.5m $22.0m $39.6m $38.4m $34.8m
Management Fee Expense $1.5m $1.9m $2.4m
Other Cost of Operating Revenue $731k $630k $764k $1.2m
Other Operating Income (Expense), Net $88.3m $484.0m $38.2m $854k $230k ($603k) $265k $1.5m $422k ($538k)