Pangaea Logistics Solutions Ltd.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $238.0m $385.1m $373.0m $412.2m $382.9m $718.1m $699.7m $499.3m $536.5m $632.0m
Operating Expenses $225.1m $369.9m $336.9m $388.9m $363.2m $639.2m $594.2m $454.7m $488.1m $591.1m
Operating Income (Loss) $12.9m $15.2m $36.1m $23.3m $19.7m $78.9m $105.5m $44.6m $48.4m $40.9m
Additional Financial Items
Income (Loss) from Equity Method Investments $0 $256k $224k $156k $1.1m $1.1m $807k $684k $1.7m $3.0m
Interest and Other Income $3.6m $3.0m $1.6m
Net Income (Loss) Attributable to Parent $7.5m $7.8m $17.8m $11.7m $11.4m $67.2m $79.5m $26.3m $28.9m $19.4m
Net Income (Loss) Attributable to Noncontrolling Interest $1.7m $1.3m $6.2m $5.4m $1.3m $5.1m $6.0m $2.2m $2.9m $798k
Earnings Per Share, Basic $0.21 $0.20 $0.42 $0.27 $0.26 $1.53 $1.79 $0.59 $0.64 $0.30
Earnings Per Share, Diluted $0.21 $0.20 $0.42 $0.27 $0.26 $1.50 $1.76 $0.58 $0.63 $0.30
Common Stock, Dividends, Per Share, Declared $0.21 $0.20 $0.42 $0.27 $0.26 $1.53 $1.79 $0.59 $0.10 $0.05
Weighted Average Number of Shares Outstanding, Basic 35.2m 38.4m 42.2m 42.8m 43.4m 44.0m 44.4m 44.8m 45.4m 63.8m
Weighted Average Number of Shares Outstanding, Diluted 35.4m 38.9m 42.8m 43.3m 43.8m 44.8m 45.1m 45.5m 46.0m 64.7m
General and Administrative Expense $12.8m $15.2m $16.5m $17.4m $15.9m $19.0m $20.1m $22.8m $24.6m $31.1m
Other Nonoperating Income (Expense) ($3.7m) ($6.1m) $677k $315k $982k $1.1m $807k $761k $1.4m $3.0m
Interest Expense $5.4m $8.0m $8.7m $9.2m $7.8m $10.3m $14.8m $17.0m $17.1m $24.0m
Interest Expense, Debt $5.4m $8.0m $8.7m $9.2m $7.8m $10.3m $14.8m $17.0m $17.1m $24.0m
Operating Lease, Expense $200k $443k
Income Tax Expense (Benefit) $198k $428k $356k $458k $578k $605k $443k $417k $389k $366k
Interest Revenue (Expense), Net $0