Braemar Shipping Services PLC
LSE:BMS
Income Statement
Earnings Waterfall
Braemar Shipping Services PLC
Income Statement
Braemar Shipping Services PLC
| Aug-2002 | Feb-2003 | Aug-2003 | Feb-2004 | Aug-2004 | Feb-2005 | Aug-2005 | Feb-2006 | Aug-2006 | Feb-2007 | Aug-2007 | Feb-2008 | Aug-2008 | Feb-2009 | Aug-2009 | Feb-2010 | Aug-2010 | Feb-2011 | Aug-2011 | Feb-2012 | Aug-2012 | Feb-2013 | Aug-2013 | Feb-2014 | Aug-2014 | Feb-2015 | Aug-2015 | Feb-2016 | Aug-2016 | Feb-2017 | Aug-2017 | Feb-2018 | Aug-2018 | Feb-2019 | Aug-2019 | Feb-2020 | Aug-2020 | Feb-2021 | Aug-2021 | Feb-2022 | Aug-2022 | Feb-2023 | Aug-2023 | Feb-2024 | Aug-2024 | Feb-2025 | Aug-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
1
|
0
|
2
|
0
|
2
|
0
|
1
|
0
|
2
|
0
|
3
|
0
|
3
|
0
|
|
| Revenue |
14
N/A
|
27
+88%
|
26
-3%
|
30
+16%
|
34
+13%
|
45
+32%
|
58
+29%
|
69
+17%
|
88
+29%
|
107
+21%
|
103
-4%
|
101
-2%
|
123
+22%
|
127
+3%
|
115
-9%
|
119
+3%
|
130
+9%
|
126
-3%
|
120
-5%
|
134
+11%
|
151
+13%
|
144
-5%
|
124
-14%
|
126
+1%
|
126
+0%
|
146
+15%
|
161
+10%
|
159
-1%
|
150
-6%
|
136
-9%
|
130
-4%
|
103
-21%
|
96
-7%
|
118
+23%
|
104
-12%
|
118
+13%
|
103
-13%
|
84
-19%
|
88
+6%
|
101
+15%
|
123
+22%
|
153
+24%
|
158
+4%
|
153
-4%
|
154
+1%
|
142
-8%
|
130
-9%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(21)
|
(27)
|
(54)
|
(40)
|
(28)
|
(34)
|
(35)
|
(29)
|
(28)
|
(33)
|
(30)
|
(27)
|
(37)
|
(48)
|
(44)
|
(34)
|
(32)
|
(32)
|
(38)
|
(38)
|
(33)
|
(31)
|
(27)
|
(24)
|
(25)
|
(23)
|
(25)
|
(25)
|
(18)
|
(9)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
47
N/A
|
23
-51%
|
54
+130%
|
63
+18%
|
73
+15%
|
89
+23%
|
92
+3%
|
86
-6%
|
91
+5%
|
97
+7%
|
96
-1%
|
93
-4%
|
97
+4%
|
103
+7%
|
100
-3%
|
90
-10%
|
94
+4%
|
95
+1%
|
108
+14%
|
123
+14%
|
126
+2%
|
118
-6%
|
109
-8%
|
106
-3%
|
78
-26%
|
73
-6%
|
93
+26%
|
79
-15%
|
100
+26%
|
94
-5%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(12)
|
(23)
|
(23)
|
(26)
|
(29)
|
(37)
|
(48)
|
(37)
|
(52)
|
(43)
|
(51)
|
(59)
|
(72)
|
(77)
|
(73)
|
(78)
|
(84)
|
(83)
|
(83)
|
(87)
|
(93)
|
(91)
|
(81)
|
(69)
|
(87)
|
(96)
|
(108)
|
(112)
|
(111)
|
(105)
|
(99)
|
(73)
|
(68)
|
(85)
|
(69)
|
(89)
|
(82)
|
(76)
|
(80)
|
(91)
|
(108)
|
(132)
|
(138)
|
(134)
|
(135)
|
(119)
|
(114)
|
|
| Selling, General & Administrative |
0
|
(22)
|
0
|
(25)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(43)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(67)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(115)
|
0
|
|
| Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(0)
|
(1)
|
0
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(0)
|
0
|
0
|
0
|
(0)
|
(1)
|
(0)
|
(2)
|
(3)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(4)
|
(0)
|
|
| Other Operating Expenses |
(12)
|
0
|
(22)
|
0
|
(28)
|
(37)
|
(48)
|
(37)
|
(52)
|
(42)
|
(51)
|
(14)
|
(72)
|
(75)
|
(72)
|
(77)
|
(82)
|
(82)
|
(81)
|
(86)
|
(91)
|
(89)
|
(80)
|
0
|
(86)
|
(96)
|
(108)
|
(112)
|
(110)
|
(105)
|
(101)
|
(71)
|
(65)
|
(84)
|
(69)
|
(89)
|
(82)
|
(76)
|
(82)
|
(91)
|
(109)
|
(132)
|
(138)
|
(134)
|
(135)
|
0
|
(114)
|
|
| Operating Income |
2
N/A
|
3
+62%
|
3
+3%
|
5
+32%
|
5
+22%
|
8
+42%
|
10
+27%
|
10
+0%
|
10
-3%
|
11
+10%
|
13
+18%
|
14
+13%
|
17
+19%
|
16
-6%
|
13
-17%
|
13
-1%
|
13
+1%
|
13
-1%
|
10
-24%
|
9
-5%
|
10
+12%
|
9
-14%
|
9
-4%
|
25
+192%
|
8
-69%
|
12
+49%
|
15
+30%
|
14
-8%
|
8
-43%
|
4
-52%
|
7
+77%
|
5
-25%
|
5
+6%
|
8
+52%
|
10
+26%
|
11
+10%
|
12
+12%
|
8
-37%
|
8
+7%
|
10
+22%
|
15
+53%
|
21
+33%
|
21
+0%
|
18
-11%
|
19
+3%
|
23
+21%
|
15
-33%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
1
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
|
| Non-Reccuring Items |
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
(1)
|
0
|
0
|
(16)
|
(3)
|
(6)
|
(4)
|
(3)
|
(3)
|
(5)
|
(6)
|
(7)
|
(10)
|
(11)
|
(10)
|
(3)
|
(0)
|
(1)
|
(0)
|
(0)
|
(1)
|
(9)
|
(17)
|
(9)
|
(7)
|
(11)
|
(6)
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
2
N/A
|
4
+64%
|
3
-8%
|
4
+27%
|
6
+34%
|
8
+47%
|
10
+25%
|
10
+1%
|
9
-12%
|
10
+11%
|
13
+30%
|
15
+12%
|
17
+19%
|
16
-7%
|
13
-17%
|
14
+0%
|
14
+1%
|
13
-4%
|
11
-17%
|
10
-11%
|
10
+1%
|
9
-6%
|
9
-4%
|
9
+1%
|
5
-48%
|
5
+10%
|
10
+98%
|
10
-2%
|
5
-51%
|
0
-96%
|
1
+162%
|
(2)
N/A
|
(6)
-137%
|
(3)
+45%
|
(0)
+94%
|
6
N/A
|
10
+65%
|
5
-50%
|
7
+30%
|
9
+28%
|
11
+33%
|
9
-17%
|
1
-87%
|
8
+491%
|
9
+22%
|
9
+0%
|
7
-29%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(3)
|
(3)
|
(2)
|
(0)
|
(0)
|
(0)
|
(0)
|
(2)
|
(1)
|
0
|
(0)
|
(2)
|
(2)
|
(2)
|
(3)
|
(5)
|
(4)
|
(3)
|
(4)
|
(3)
|
(2)
|
|
| Income from Continuing Operations |
1
|
2
|
2
|
2
|
4
|
5
|
7
|
7
|
6
|
7
|
9
|
10
|
12
|
12
|
10
|
10
|
10
|
10
|
8
|
7
|
7
|
7
|
7
|
7
|
3
|
3
|
7
|
7
|
3
|
0
|
0
|
(3)
|
(6)
|
(5)
|
(1)
|
6
|
10
|
4
|
5
|
7
|
9
|
5
|
(2)
|
5
|
5
|
6
|
4
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
1
N/A
|
2
+68%
|
2
-7%
|
2
+44%
|
4
+52%
|
5
+48%
|
7
+25%
|
7
+7%
|
6
-17%
|
6
+6%
|
9
+36%
|
10
+12%
|
12
+21%
|
12
-3%
|
10
-17%
|
10
+2%
|
10
+4%
|
10
-2%
|
8
-17%
|
7
-16%
|
7
+3%
|
7
-2%
|
6
-7%
|
5
-29%
|
1
-74%
|
3
+123%
|
7
+156%
|
7
+3%
|
3
-56%
|
(0)
N/A
|
(1)
-12%
|
(3)
-429%
|
(8)
-193%
|
(27)
-223%
|
(24)
+13%
|
4
N/A
|
7
+80%
|
5
-37%
|
10
+129%
|
14
+34%
|
11
-20%
|
5
-59%
|
(2)
N/A
|
5
N/A
|
5
+13%
|
6
+17%
|
4
-32%
|
|
| EPS (Diluted) |
0.06
N/A
|
0.1
+67%
|
0.1
N/A
|
0.14
+40%
|
0.2
+43%
|
0.29
+45%
|
0.35
+21%
|
0.36
+3%
|
0.3
-17%
|
0.32
+7%
|
0.43
+34%
|
0.49
+14%
|
0.58
+18%
|
0.56
-3%
|
0.47
-16%
|
0.47
N/A
|
0.49
+4%
|
0.47
-4%
|
0.39
-17%
|
0.33
-15%
|
0.32
-3%
|
0.32
N/A
|
0.28
-12%
|
0.2
-29%
|
0.03
-85%
|
0.1
+233%
|
0.2
+100%
|
0.22
+10%
|
0.1
-55%
|
-0.01
N/A
|
-0.01
N/A
|
-0.1
-900%
|
-0.27
-170%
|
-0.88
-226%
|
-0.77
+12%
|
0.11
N/A
|
0.23
+109%
|
0.11
-52%
|
0.26
+136%
|
0.37
+42%
|
0.29
-22%
|
0.13
-55%
|
-0.06
N/A
|
0.13
N/A
|
0.14
+8%
|
0.17
+21%
|
0.11
-35%
|
|