Costamare Inc.

CMRE ·Industrials, Marine Shipping
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016
Revenue $412.4M $468.2M
Cost of Revenue — —
Gross Profit — —
Gross Margin — —
Operating Expenses
Research & Development — —
SG&A Expense $3.2M $7.3M
Operating Income $137.0M $166.1M
Operating Margin 33.2% 35.5%
Interest Expense $55.9M $49.9M
Pretax Income — —
Income Tax Expense — —
Net Income $72.9M $81.7M
Net Margin 17.7% 17.5%
EPS (Basic) $0.52 $0.79
EPS (Diluted) $0.52 $0.79
Shares Outstanding (Basic) 108.2M 90.4M
Shares Outstanding (Diluted) 108.2M 90.4M
Dividends Per Share — —
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