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panl: the income statement
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Terminal Stevedore
Revenue
$4,100,581
Charter
$9,297,988
Voyage
$155,271,263
Revenue
$168,669,832
(10.16%↑ Y/Y)
Income from operations
$16,922,232
(12.81%↑ Y/Y)
Total expenses
$151,747,600
(9.87%↑ Y/Y)
Gain on sale of vessel
and equipment
$308,685
Net income
$12,987,513
(114.42%↑ Y/Y)
Total other expense,
net
-$3,934,719
(56.01%↑ Y/Y)
Other income
$954,492
(73.22%↑ Y/Y)
Unrealized gain (loss) on
derivative instruments,...
$665,790
(111.17%↑ Y/Y)
Interest income
$356,862
(-60.08%↓ Y/Y)
Depreciation and
amortization
$10,213,995
(32.32%↑ Y/Y)
General and
administrative
$9,881,730
(63.55%↑ Y/Y)
Terminal & stevedore
expenses
$3,134,159
(29.65%↑ Y/Y)
Vessel operating
expense
$21,736,050
(56.55%↑ Y/Y)
Charter hire expense
$33,882,493
(-7.20%↓ Y/Y)
Voyage expense
$73,207,858
(2.33%↑ Y/Y)
Net income
attributable to pangaea...
$12,208,328
(138.86%↑ Y/Y)
Income attributable to
non-controlling interests
$779,185
(-17.64%↓ Y/Y)
Interest revenue
(expense), net-Nonrelated...
-$5,911,863
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Income Statement
source: myfinsight.com
Pangaea Logistics Solutions Ltd. (PANL)
Pangaea Logistics Solutions Ltd. (PANL)