Pangaea Logistics Solutions Ltd. Income Statement
PANL|12 years of annual SEC 10-K data (FY2014-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 12 fiscal years. All figures from audited SEC 10-K filings.
Pangaea Logistics Solutions Ltd. reported $537M in revenue and $29M in net income for FY2025. Revenue has grown at a 2.9% compound annual rate over the past 11 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 1.17 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $536.5M | $499.3M | $191.7M | $718.1M | $382.9M | $412.2M | $373.0M | $385.9M | $238.0M | $287.3M | $398.3M | $392.5M |
| SG&A Expense | $24.6M | $22.8M | $5.3M | $19.0M | $15.9M | $17.4M | $16.5M | $15.2M | $12.8M | $15.0M | $12.8M | $11.6M |
| Operating Income | $48.4M | $44.6M | $19.9M | $78.9M | $19.7M | $23.3M | $36.1M | $16.0M | $12.9M | $20.5M | -$2.5M | $21.4M |
| Interest Expense | $17.1M | $17.0M | $3.4M | $10.3M | $7.7M | $9.2M | $8.7M | $8.0M | $5.4M | $5.4M | $5.6M | $5.5M |
| Income Tax | $389.0K | $417.0K | $443.0K | $605.0K | $578.0K | $458.0K | $356.0K | $428.0K | $198.0K | $373.0K | $364.0K | $263.0K |
| Net Income | $28.9M | $26.3M | $20.0M | $67.2M | $11.4M | $11.7M | $17.8M | $7.8M | $7.5M | $11.3M | -$12.1M | $15.5M |
| EPS (Basic) | $0.64 | $0.59 | $0.45 | $1.53 | $0.26 | $0.27 | $0.42 | $0.20 | $0.21 | $0.32 | -$1.61 | -$0.65 |
| EPS (Diluted) | $0.63 | $0.58 | $0.45 | $1.50 | $0.26 | $0.27 | $0.42 | $0.20 | $0.21 | $0.32 | -$1.61 | -$0.65 |
| Shares Outstanding | 65.0M | 46.5M | 45.9M | 45.6M | 45.4M | 44.9M | 44.0M | 43.8M | 36.6M | 36.5M | 34.8M | 13.4M |
| Operating Margin | 9.0% | 8.9% | 10.4% | 11.0% | 5.1% | 5.6% | 9.7% | 4.2% | 5.4% | 7.1% | -0.6% | 5.5% |
| Profit Margin | 5.4% | 5.3% | 10.4% | 9.4% | 3.0% | 2.8% | 4.8% | 2.0% | 3.1% | 3.9% | -3.0% | 3.9% |