Company / SG&A Expense
Pangaea Logistics Solutions Ltd. SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$24.6M
FY2025
5-year range
$5.3M / $24.6M
FY2021-FY2025
Trend
+8.1%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
SG&A Expense has fluctuated over the past 10 years, ranging from $5M in FY2023 to $25M in FY2025.
Based on SEC 10-K filings.
$25M in FY2025 with a 5-year CAGR of +7.2%.
Increased from $5M to $25M over the past 2 years.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +9.1%
- 5-Year CAGR
- +7.2%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +7.2%, indicating consistent growth.
- In FY2025, sg&a expense increased 8.1% year-over-year.
- Lowest sg&a expense in the period was in FY2023.
Company context
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.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $24.6M | +8.1% |
| FY2024 | $22.8M | +329.8% |
| FY2023 | $5.3M | -72.1% |
| FY2022 | $19.0M | +19.2% |
| FY2021 | $15.9M | -8.4% |
| FY2020 | $17.4M | +5.4% |
| FY2019 | $16.5M | +8.7% |
| FY2018 | $15.2M | +18.7% |
| FY2017 | $12.8M | -14.7% |
| FY2016 | $15.0M | +16.6% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026