EUROSEAS LTD.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $23.8M | $20.5M | $37.7M | $40.6M | $27.5M | $27.4M | $29.2M | $52.5M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.5M | $2.7M | $3.3M | $3.5M | $3.5M | $3.7M | $3.0M | $3.0M |
| Operating Income | $-5.4M | $-12.7M | $-11.4M | $-14.6M | $-100.0M | $-9.9M | $4.8M | $-709.2K |
| Operating Margin | -22.8% | -61.7% | -30.3% | -36.0% | -363.3% | -36.0% | 16.5% | -1.4% |
| Interest Expense | $1.4M | $1.2M | $1.3M | $2.0M | $1.7M | $1.8M | $2.0M | $1.4M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $-6.9M | $-34.1M | $-14.0M | $-17.9M | $-103.4M | $-13.2M | $1.1M | $-6.6M |
| Net Margin | -29.2% | -165.9% | -37.3% | -44.1% | -375.9% | -48.1% | 3.8% | -12.6% |
| EPS (Basic) | $-2.86 | $-2.82 | $-1.23 | $-1.77 | $-11.38 | $-0.17 | $0.02 | $-0.11 |
| EPS (Diluted) | $-2.86 | $-2.82 | $-1.23 | $-1.77 | $-11.38 | $-0.17 | $0.02 | $-0.11 |
| Shares Outstanding (Basic) | 22.5M | — | — | 109.6M | 90.9M | 77.9M | 63.6M | 63.3M |
| Shares Outstanding (Diluted) | 22.5M | 16.3M | 12.8M | 11.0M | 9.1M | 77.9M | 63.7M | 63.3M |
| Dividends Per Share | — | — | — | — | $0.23 | $0.06 | $0.14 | $0.11 |