GOGL
Income statement / Annual
Last year (2023), Golden Ocean Group Limited's total revenue was $885.77 M,
a decrease of 20.45% from the previous year.
In 2023, Golden Ocean Group Limited's net income was $112.27 M.
See Golden Ocean Group Limited,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$885.77 M |
$1.11 B |
$1.20 B |
$607.94 M |
$705.80 M |
$656.07 M |
$460.02 M |
$257.81 M |
$189.63 M |
$96.72 M |
| Cost of Revenue |
$675.88 M
|
$691.77 M
|
$675.02 M
|
$563.89 M
|
$589.85 M
|
$498.52 M
|
$399.89 M
|
$312.85 M
|
$248.20 M
|
$72.19 M
|
| Gross Profit |
$209.88 M
|
$421.69 M
|
$528.16 M
|
$44.05 M
|
$115.95 M
|
$157.55 M
|
$60.13 M
|
-$55.05 M
|
-$58.57 M
|
$24.52 M
|
| Gross Profit Ratio |
0.24
|
0.38
|
0.44
|
0.07
|
0.16
|
0.24
|
0.13
|
-0.21
|
-0.31
|
0.25
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$18.08 M
|
$20.38 M
|
$18.15 M
|
$13.72 M
|
$14.12 M
|
$14.71 M
|
$12.56 M
|
$12.73 M
|
$12.47 M
|
$5.04 M
|
| Selling & Marketing Expenses |
$600,000.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$18.68 M
|
$20.38 M
|
$18.15 M
|
$13.72 M
|
$14.12 M
|
$14.71 M
|
$12.56 M
|
$12.73 M
|
$12.47 M
|
$5.04 M
|
| Other Expenses |
$2.59 M
|
$413,000.00
|
$2.01 M
|
-$2.97 M
|
$1.17 M
|
-$4.39 M
|
$501,000.00
|
-$1.86 M
|
-$9.63 M
|
-$737,000.00
|
| Operating Expenses |
$18.68 M
|
$20.79 M
|
$20.16 M
|
$10.76 M
|
$15.29 M
|
$11.72 M
|
$8.68 M
|
$14.53 M
|
$17.20 M
|
$5.04 M
|
| Cost And Expenses |
$697.16 M
|
$712.55 M
|
$695.17 M
|
$574.65 M
|
$605.14 M
|
$510.24 M
|
$408.57 M
|
$327.38 M
|
$265.40 M
|
$77.23 M
|
| Interest Income |
$4.72 M
|
$2.35 M
|
$484,000.00
|
$1.19 M
|
$4.43 M
|
$7.58 M
|
$2.21 M
|
$1.67 M
|
$849,000.00
|
$29,000.00
|
| Interest Expense |
$103.66 M
|
$56.25 M
|
$39.91 M
|
$47.48 M
|
$59.55 M
|
$75.11 M
|
$59.84 M
|
$44.17 M
|
$28.27 M
|
$2.53 M
|
| Depreciation & Amortization |
$135.55 M
|
$129.84 M
|
$123.70 M
|
$111.30 M
|
$93.85 M
|
$92.15 M
|
$78.09 M
|
$63.43 M
|
$54.29 M
|
$20.25 M
|
| EBITDA |
$352.02 M |
$530.74 M |
$691.22 M |
$21.24 M |
$190.82 M |
$252.02 M |
$131.02 M |
-$18.54 M |
-$139.22 M |
$18.65 M |
| EBITDA Ratio |
0.4
|
0.52
|
0.54
|
0.22
|
0.28
|
0.37
|
0.3
|
-0.03
|
-0.16
|
0.4
|
| Operating Income Ratio |
0.21
|
0.39
|
0.43
|
0.03
|
0.14
|
0.22
|
0.11
|
-0.27
|
-1.26
|
0.2
|
| Total Other Income/Expenses Net |
-$75.80 M
|
$27.14 M
|
$14.00 M
|
-$75.88 M
|
-$63.23 M
|
-$60.25 M
|
-$52.37 M
|
-$57.61 M
|
$14.26 M
|
-$3.23 M
|
| Income Before Tax |
$112.81 M
|
$462.23 M
|
$527.61 M
|
-$137.54 M
|
$37.43 M
|
$84.77 M
|
-$2.29 M
|
-$127.87 M
|
-$220.65 M
|
$16.25 M
|
| Income Before Tax Ratio |
0.13
|
0.42
|
0.44
|
-0.23
|
0.05
|
0.13
|
-0
|
-0.5
|
-1.16
|
0.17
|
| Income Tax Expense |
$541,000.00
|
$379,000.00
|
$389,000.00
|
$131,000.00
|
$237,000.00
|
$232,000.00
|
$56,000.00
|
-$155,000.00
|
$189,000.00
|
$258,000.00
|
| Net Income |
$112.27 M
|
$461.85 M
|
$527.22 M
|
-$137.67 M
|
$37.19 M
|
$84.53 M
|
-$2.35 M
|
-$127.71 M
|
-$220.84 M
|
$16.00 M
|
| Net Income Ratio |
0.13
|
0.41
|
0.44
|
-0.23
|
0.05
|
0.13
|
-0.01
|
-0.5
|
-1.16
|
0.17
|
| EPS |
0.56 |
2.3 |
2.74 |
-0.96 |
0.26 |
0.59 |
-0.0188 |
-1.34 |
-7.3 |
1.38 |
| EPS Diluted |
0.56 |
2.3 |
2.73 |
-0.96 |
0.26 |
0.59 |
-0.0188 |
-1.34 |
-7.3 |
1.38 |
| Weighted Average Shares Out |
$199.92 M
|
$200.69 M
|
$192.36 M
|
$143.57 M
|
$143.79 M
|
$144.13 M
|
$125.02 M
|
$95.24 M
|
$30.24 M
|
$11.39 M
|
| Weighted Average Shares Out Diluted |
$200.48 M
|
$201.19 M
|
$192.97 M
|
$143.57 M
|
$143.88 M
|
$144.43 M
|
$125.02 M
|
$95.24 M
|
$30.27 M
|
$11.42 M
|
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