PANGAEA LOGISTICS SOLUTIONS LTD.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | — | 5.4% | 3.1% |
| FY2017 | — | 4.2% | 2.0% |
| FY2018 | — | 9.7% | 4.8% |
| FY2019 | — | 5.6% | 2.8% |
| FY2020 | — | 5.1% | 3.0% |
| FY2021 | — | 11.0% | 9.4% |
| FY2022 | — | 15.6% | 11.7% |
| FY2023 | — | 8.8% | 5.2% |
| FY2024 | — | 9.0% | 5.4% |
| FY2025 | — | 6.5% | 3.1% |