Financial insights of GNK

MyFinsight

For the quarter ending 2025-09-30, GNK made $79,921K in revenue. -$1,053K in net income. Net profit margin of -1.32%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total revenues	79,921	80,939	71,269	99,332
Voyage expenses	24,810	32,005	27,354	28,232
Vessel operating expenses	24,391	23,747	24,916	24,847
Gain (loss) on disposition of property plant equipment, excluding oil and gas property and timber property	-	-	-	4,465
Charter hire expenses	106	2,035	2,285	1,267
Impairment of vessel assets	-	651	-	961
General and administrative expenses (inclusive of nonvested stock amortization expense of 1,919, 1,508, 5,195 and 4,341, respectively)	7,584	7,399	7,494	6,831
Technical management expenses	1,265	1,231	1,325	1,005
Depreciation and amortization	19,298	18,133	17,665	16,620
Total operating expenses	77,454	85,201	81,039	75,298
Operating income (loss)	2,467	-4,262	-9,770	24,034
Other expense	-104	-232	-13	-239
Interest income	388	243	370	749
Interest expense	3,151	2,558	2,549	2,970
Loss on debt extinguishment	-678	-	-	-
Other expense, net	-3,545	-2,547	-2,192	-2,460
Net (loss) income	-1,078	-6,809	-11,962	21,574
Less net (loss) income attributable to noncontrolling interest	-25	-8	-39	115
Net (loss) income attributable to genco shipping & trading limited	-1,053	-6,801	-11,923	21,459

Earnings per share, basic	-0.02	-0.16	-0.28	0.5
Earnings per share, diluted	-0.02	-0.16	-0.28	0.49
Weighted average number of shares outstanding, basic	43,414,340	43,350,232	43,201,941	43,108,844
Weighted average number of shares outstanding, diluted	43,414,340	43,350,232	43,201,941	43,656,385