TORM Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1987
Revenue	27.08	29.91	29.17	22.46	35.27	Upgrade
Revenue Growth (YoY)	-9.48%	2.53%	29.85%	-36.31%	-10.56%	Upgrade
Cost of Revenue	25.17	27.12	27.03	21.32	32.45	Upgrade
Gross Profit	1.91	2.79	2.14	1.15	2.83	Upgrade
Selling, General & Admin	3.46	3.82	3.94	3.91	4.62	Upgrade
Research & Development	0.08	0.06	0.06	0.08	0.23	Upgrade
Operating Expenses	3.54	3.88	4	3.99	4.85	Upgrade
Operating Income	-1.63	-1.08	-1.86	-2.84	-2.02	Upgrade
Interest Expense	0.02	0.07	0.05	0.09	0.1	Upgrade
Other Expense / Income	-0.12	0.11	-1.04	-0.65	-0.03	Upgrade
Pretax Income	-1.53	-1.26	-1.31	-2.19	-2.09	Upgrade
Income Tax	-0	-0	-0	0	0.11	Upgrade
Net Income	-1.53	-1.25	-0.87	-2.28	-2.2	Upgrade
Shares Outstanding (Basic)	4	4	4	4	4	Upgrade
Shares Outstanding (Diluted)	4	4	4	4	4	Upgrade
EPS (Basic)	-0.43	-0.35	-0.25	-0.64	-0.62	Upgrade
EPS (Diluted)	-0.43	-0.35	-0.25	-0.64	-0.62	Upgrade
Free Cash Flow	1.16	0.36	-2.79	-1.19	-0.38	Upgrade
Free Cash Flow Per Share	0.33	0.10	-0.79	-0.34	-0.11	Upgrade
Gross Margin	7.04%	9.34%	7.32%	5.11%	8.01%	Upgrade
Operating Margin	-6.03%	-3.61%	-6.39%	-12.65%	-5.73%	Upgrade
Profit Margin	-5.65%	-4.19%	-2.98%	-10.13%	-6.23%	Upgrade
Free Cash Flow Margin	4.27%	1.21%	-9.56%	-5.31%	-1.08%	Upgrade
EBITDA	-0.06	0.41	-0.22	-0.7	0.64	Upgrade
EBITDA Margin	-0.22%	1.36%	-0.77%	-3.11%	1.81%	Upgrade
Depreciation & Amortization	1.57	1.49	1.64	2.14	2.66	Upgrade
EBIT	-1.63	-1.08	-1.86	-2.84	-2.02	Upgrade
EBIT Margin	-6.03%	-3.61%	-6.39%	-12.65%	-5.73%	Upgrade

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.