| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenue | 170,580,000 | 183,879,840 | 168,669,832 | 156,689,442 |
| Voyage expense | 73,739,000 | 72,382,047 | 73,207,858 | 77,781,913 |
| Charter hire expense | 39,177,000 | 46,788,422 | 33,882,493 | 31,423,415 |
| Vessel operating expense | 20,562,000 | 27,658,809 | 21,736,050 | 23,374,879 |
| Terminal & stevedore expenses | 4,375,000 | 3,817,180 | 3,134,159 | 2,686,320 |
| General and administrative | 10,027,000 | 6,742,937 | 9,881,730 | 7,171,840 |
| Depreciation and amortization | 11,876,000 | 11,740,030 | 10,213,995 | 10,597,483 |
| Gain on sale of vessels | NaN | 2,691,315 | 308,685 | NaN |
| Loss on vessel held for sale | 358,000 | NaN | NaN | NaN |
| Total expenses | 160,114,000 | 166,438,110 | 151,747,600 | 153,035,850 |
| Income from operations | 10,466,000 | 17,441,730 | 16,922,232 | 3,653,592 |
| Interest revenue (expense), net-Related Party | NaN | NaN | 0 | 0 |
| Interest expense | NaN | 6,001,500* | NaN | NaN |
| Interest revenue (expense), net | -5,944,000 | NaN | -5,911,863 | -6,028,255 |
| Interest income | 2,053,000 | 539,113 | 356,862 | 291,647 |
| Income attributable to non-controlling interest recorded as long-term liability interest expense | NaN | 81,562* | NaN | NaN |
| Unrealized gain on derivative instruments, net | 6,606,000 | -903,398 | 665,790 | -1,300,932 |
| Other income | 484,000 | 1,120,720 | 954,492 | 483,882 |
| Total other income (expense), net | 3,199,000 | -5,163,503 | -3,934,719 | -6,553,658 |
| Net income (loss) | 13,665,000 | 12,278,227 | 12,987,513 | -2,900,066 |
| (income) loss attributable to non-controlling interests | 371,000 | 394,562 | 779,185 | -157,950 |
| Net income (loss) attributable to pangaea logistics solutions ltd | 13,294,000 | 11,883,665 | 12,208,328 | -2,742,116 |
| Basic EPS | 0.21 | 0.187 | 0.19 | -0.04 |
| Diluted EPS | 0.21 | 0.18 | 0.19 | -0.04 |
| Basic Average Shares | 64,193,205 | 63,589,306 | 63,729,227 | 64,042,209 |
| Diluted Average Shares | 64,775,563 | 66,097,524 | 64,823,069 | 64,042,209 |
Pangaea Logistics Solutions Ltd. (PANL)
Pangaea Logistics Solutions Ltd. (PANL)