PANGAEA LOGISTICS SOLUTIONS LTD.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|
| Revenue | $385.1M | $238.0M | $287.3M | $398.3M | $392.5M |
| Cost of Revenue | — | — | — | — | — |
| Gross Profit | — | — | — | — | — |
| Gross Margin | — | — | — | — | — |
| Operating Expenses | |||||
| Research & Development | — | — | — | — | — |
| SG&A Expense | $15.2M | $12.8M | $15.0M | $12.8M | $11.6M |
| Operating Income | $16.0M | $12.9M | $20.5M | $-2.5M | $21.4M |
| Operating Margin | 4.2% | 5.4% | 7.1% | -0.6% | 5.4% |
| Interest Expense | $8.0M | $5.4M | $5.4M | $5.6M | $5.5M |
| Pretax Income | — | — | — | — | — |
| Income Tax Expense | $428.0K | $198.0K | $373.0K | $364.0K | $263.0K |
| Net Income | $7.8M | $7.5M | $11.3M | $-12.1M | $15.5M |
| Net Margin | 2.0% | 3.1% | 3.9% | -3.0% | 3.9% |
| EPS (Basic) | $0.20 | $0.21 | $0.32 | $-1.61 | $-0.65 |
| EPS (Diluted) | $0.20 | $0.21 | $0.32 | $-1.61 | $-0.65 |
| Shares Outstanding (Basic) | 38.4M | 35.2M | 34.8M | 18.7M | 13.4M |
| Shares Outstanding (Diluted) | 38.9M | 35.4M | 35.0M | 18.7M | 13.4M |
| Dividends Per Share | — | — | — | — | $145.43 |