Financials
Reported figures only · latest: Q4 2025
USD · US GAAP
Source: SEC XBRL filings
· latest filing
The long view
Fiscal years as reported · SEC XBRL filings, US GAAP
Revenue and net income15 fiscal yearsShow the numbers
| Year | Revenue | Net income |
|---|
| FY25 | $80.4M | $3.1M |
|---|
| FY24 | - | $5M |
|---|
| FY23 | - | $6.1M |
|---|
| FY22 | $80.7M | $18.9M |
|---|
| FY21 | $56.4M | $8.6M |
|---|
| FY20 | $60.2M | −$22.8M |
|---|
| FY19 | $66.1M | −$14.8M |
|---|
| FY18 | $41M | −$11.1M |
|---|
| FY17 | $39.4M | −$13.4M |
|---|
| FY16 | $28.4M | −$351K |
|---|
| FY15 | $13.1M | −$8.5M |
|---|
| FY14 | $3.6M | $2.9M |
|---|
| FY13 | $20.1M | $1.4M |
|---|
| FY12 | $31.4M | −$64M |
|---|
| FY11 | $79.7M | −$189.1M |
|---|
MarginsShare of revenue- Operating margin
- Net margin
Show the numbers
| Year | Operating margin | Net margin |
|---|
| FY25 | 32.7% | 3.8% |
|---|
| FY24 | - | - |
|---|
| FY23 | - | - |
|---|
| FY22 | 40.4% | 23.5% |
|---|
| FY21 | 26.3% | 15.3% |
|---|
| FY20 | −3% | −37.9% |
|---|
| FY19 | 6% | −22.4% |
|---|
| FY18 | −9.5% | −27.1% |
|---|
| FY17 | 4.1% | −34.1% |
|---|
| FY16 | 17.1% | −1.2% |
|---|
| FY15 | −56.7% | −65.1% |
|---|
| FY14 | −16.3% | 80.4% |
|---|
| FY13 | 46% | 7% |
|---|
| FY12 | −167.9% | −203.6% |
|---|
| FY11 | −214.6% | −237.2% |
|---|
Free cash flowOperating cash flow minus capital expenditureShow the numbers
| Year | Free cash flow |
|---|
| FY25 | - |
|---|
| FY24 | - |
|---|
| FY23 | - |
|---|
| FY22 | - |
|---|
| FY21 | $16.1M |
|---|
| FY20 | $6M |
|---|
| FY19 | −$28.9M |
|---|
| FY18 | $716K |
|---|
| FY17 | −$34M |
|---|
| FY16 | −$66.7M |
|---|
| FY15 | −$1.4M |
|---|
| FY14 | −$2.9M |
|---|
| FY13 | −$11.3M |
|---|
| FY12 | $15.1M |
|---|
| FY11 | $15.4M |
|---|
Net margin vs the sectorMedian of Industrials companies filing with the SEC- Top Ships
- Industrials median
Show the numbers
| Year | Top Ships | Industrials median |
|---|
| FY25 | 3.8% | 6.9% |
|---|
| FY24 | - | 6.1% |
|---|
| FY23 | - | 6.4% |
|---|
| FY22 | 23.5% | 7.2% |
|---|
| FY21 | 15.3% | 6.9% |
|---|
| FY20 | −37.9% | 4.5% |
|---|
| FY19 | −22.4% | 5.9% |
|---|
| FY18 | −27.1% | 5.8% |
|---|
| FY17 | −34.1% | 6.3% |
|---|
| FY16 | −1.2% | 5% |
|---|
| FY15 | −65.1% | 4.4% |
|---|
| FY14 | 80.4% | 5.6% |
|---|
| FY13 | 7% | 6.3% |
|---|
| FY12 | −203.6% | 6.2% |
|---|
| FY11 | −237.2% | 5.4% |
|---|
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