PANL
Income statement / Annual
Last year (2024), Pangaea Logistics Solutions, Ltd.'s total revenue was $536.54 M,
an increase of 7.46% from the previous year.
In 2024, Pangaea Logistics Solutions, Ltd.'s net income was $28.90 M.
See Pangaea Logistics Solutions, Ltd.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
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 |
| Operating Revenue |
$536.54 M |
$499.27 M |
$699.71 M |
$718.10 M |
$382.90 M |
$412.20 M |
$372.97 M |
$385.95 M |
$238.02 M |
$287.33 M |
| Cost of Revenue |
$0.00
|
$430.13 M
|
$570.77 M
|
$620.27 M
|
$344.75 M
|
$362.22 M
|
$319.56 M
|
$345.48 M
|
$212.35 M
|
$245.85 M
|
| Gross Profit |
$536.54 M
|
$69.14 M
|
$128.94 M
|
$97.84 M
|
$38.14 M
|
$49.97 M
|
$53.42 M
|
$40.46 M
|
$25.67 M
|
$41.49 M
|
| Gross Profit Ratio |
1
|
0.14
|
0.18
|
0.14
|
0.1
|
0.12
|
0.14
|
0.1
|
0.11
|
0.14
|
| 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 |
$24.63 M
|
$22.78 M
|
$20.10 M
|
$18.97 M
|
$15.92 M
|
$17.38 M
|
$16.48 M
|
$15.16 M
|
$12.77 M
|
$14.97 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$24.63 M
|
$22.78 M
|
$20.10 M
|
$18.97 M
|
$15.92 M
|
$17.38 M
|
$16.48 M
|
$15.16 M
|
$12.77 M
|
$14.97 M
|
| Other Expenses |
$30.92 M
|
$1.74 M
|
$3.33 M
|
$0.00
|
$2.53 M
|
$9.34 M
|
$860,426.00
|
$9.28 M
|
$0.00
|
$5.99 M
|
| Operating Expenses |
$55.54 M
|
$24.52 M
|
$23.43 M
|
$18.97 M
|
$18.45 M
|
$26.71 M
|
$17.34 M
|
$24.44 M
|
$12.77 M
|
$20.96 M
|
| Cost And Expenses |
$488.09 M
|
$454.65 M
|
$594.20 M
|
$639.23 M
|
$363.20 M
|
$388.94 M
|
$336.90 M
|
$369.92 M
|
$225.12 M
|
$266.81 M
|
| Interest Income |
$3.02 M
|
$3.57 M
|
$932,069.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
-$17.07 M
|
$17.49 M
|
$22.42 M
|
$11.51 M
|
$7.83 M
|
$9.28 M
|
$8.90 M
|
$8.27 M
|
$5.74 M
|
$5.86 M
|
| Depreciation & Amortization |
$30.38 M
|
$30.07 M
|
$29.49 M
|
$22.97 M
|
$17.06 M
|
$18.53 M
|
$17.62 M
|
$15.61 M
|
$14.11 M
|
$12.73 M
|
| EBITDA |
$78.82 M |
$76.10 M |
$137.42 M |
$106.86 M |
$37.58 M |
$44.86 M |
$50.50 M |
$32.99 M |
$29.00 M |
$31.95 M |
| EBITDA Ratio |
0.15
|
0.15
|
0.2
|
0.14
|
0.11
|
0.12
|
0.15
|
0.11
|
0.11
|
0.13
|
| Operating Income Ratio |
0.09
|
0.09
|
0.15
|
0.11
|
0.05
|
0.08
|
0.1
|
0.04
|
0.05
|
0.07
|
| Total Other Income/Expenses Net |
-$19.55 M
|
-$16.08 M
|
-$20.00 M
|
-$6.50 M
|
-$7.00 M
|
-$6.21 M
|
-$12.09 M
|
-$6.93 M
|
-$3.73 M
|
-$7.16 M
|
| Income Before Tax |
$28.90 M
|
$28.54 M
|
$85.51 M
|
$72.37 M
|
$12.69 M
|
$17.05 M
|
$23.98 M
|
$9.10 M
|
$9.16 M
|
$13.37 M
|
| Income Before Tax Ratio |
0.05
|
0.06
|
0.12
|
0.1
|
0.03
|
0.04
|
0.06
|
0.02
|
0.04
|
0.05
|
| Income Tax Expense |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Net Income |
$28.90 M
|
$26.32 M
|
$79.49 M
|
$67.23 M
|
$11.35 M
|
$11.66 M
|
$17.76 M
|
$7.81 M
|
$7.46 M
|
$11.28 M
|
| Net Income Ratio |
0.05
|
0.05
|
0.11
|
0.09
|
0.01
|
0.01
|
0.05
|
0.02
|
0.03
|
0.04
|
| EPS |
0.64 |
0.59 |
1.79 |
1.53 |
0.0585 |
0.0483 |
0.42 |
0.2 |
0.21 |
0.32 |
| EPS Diluted |
0.63 |
0.58 |
1.76 |
1.5 |
0.0579 |
0.0477 |
0.42 |
0.2 |
0.21 |
0.32 |
| Weighted Average Shares Out |
$45.39 M
|
$44.77 M
|
$44.40 M
|
$44.00 M
|
$43.42 M
|
$42.75 M
|
$42.25 M
|
$38.41 M
|
$35.16 M
|
$34.78 M
|
| Weighted Average Shares Out Diluted |
$46.05 M
|
$45.48 M
|
$45.06 M
|
$44.85 M
|
$43.82 M
|
$43.27 M
|
$42.78 M
|
$38.93 M
|
$35.38 M
|
$34.96 M
|
| Link |
|
|
|
|
|
|
|
|
|
|
