Financials in USD. Standardized financial statements.
A compact view of how Top Ships Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $80.42M | $86.13M | $82.95M | $80.66M | $56.37M | $60.22M | $66.09M | $41.05M | $39.36M | $28.43M |
| Revenue Growth? | -6.6% | +3.8% | +2.8% | +43.1% | -6.4% | -8.9% | +61.0% | +4.3% | +38.4% | 0.0% |
| Cost of Revenue? | $43.47M | $48.45M | $34.48M | $44.41M | $35.87M | $35.35M | $37.44M | $29.41M | $28.13M | $21.99M |
| Gross Profit? | $36.95M | $37.68M | $48.46M | $36.25M | $20.50M | $24.87M | $28.65M | $11.63M | $11.24M | $6.44M |
| Gross Margin? | +45.9% | +43.7% | +58.4% | +44.9% | +36.4% | +41.3% | +43.4% | +28.3% | +28.5% | +22.7% |
| Operating Expenses? | $10.67M | $9.77M | $19.74M | $3.71M | $4.54M | $14.31M | $12.41M | $15.52M | $9.62M | $1.59M |
| Operating Income? | $26.28M | $27.90M | $28.73M | $32.62M | $15.96M | $11.07M | $16.88M | -$3.89M | $1.62M | $4.85M |
| EBITDA? | $41.06M | $50.05M | $42.09M | $43.95M | $23.64M | $11.12M | $15.46M | $5.03M | $7.00M | $7.47M |
| Income Before Tax | $3.09M | $5.03M | $6.07M | $18.95M | $8.62M | -$22.82M | -$14.77M | -$11.42M | -$13.35M | $1.05M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.87M | $11.08M | $0 |
| Net Income? | $3.09M | $5.03M | $6.07M | $18.95M | $8.62M | -$22.82M | -$14.77M | -$11.13M | -$13.38M | $1.05M |
| EPS? | $0.67 | $1.09 | $-12.44 | $-36.34 | $32.51 | $-293.70 | $-63502.00 | $-754095.18 | $-7547842.31 | $-351000.00 |
| Diluted EPS? | $0.67 | $1.09 | $-12.44 | $-36.34 | $24.65 | $-293.70 | $-63502.00 | $-754095.18 | $-15132000.00 | $-351000.00 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality