Western Bulk Chartering AS
OSE:WEST
Income Statement
Earnings Waterfall
Western Bulk Chartering AS
Income Statement
Western Bulk Chartering AS
| Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||
| Interest Expense |
1
|
0
|
3
|
0
|
3
|
0
|
3
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
632
N/A
|
748
+18%
|
827
+11%
|
902
+9%
|
1 070
+19%
|
1 101
+3%
|
1 063
-3%
|
969
-9%
|
779
-20%
|
921
+18%
|
1 488
+62%
|
1 806
+21%
|
1 616
-11%
|
1 307
-19%
|
1 118
-14%
|
1 191
+7%
|
1 238
+4%
|
1 091
-12%
|
|
| Gross Profit | |||||||||||||||||||
| Cost of Revenue |
(317)
|
(330)
|
(327)
|
(338)
|
(421)
|
(465)
|
(452)
|
(442)
|
(359)
|
(358)
|
(468)
|
(533)
|
(549)
|
(525)
|
(497)
|
(508)
|
(496)
|
(429)
|
|
| Gross Profit |
315
N/A
|
418
+33%
|
500
+20%
|
564
+13%
|
649
+15%
|
636
-2%
|
611
-4%
|
527
-14%
|
420
-20%
|
563
+34%
|
1 020
+81%
|
1 273
+25%
|
1 066
-16%
|
781
-27%
|
621
-21%
|
683
+10%
|
743
+9%
|
662
-11%
|
|
| Operating Income | |||||||||||||||||||
| Operating Expenses |
(347)
|
(432)
|
(491)
|
(549)
|
(644)
|
(658)
|
(643)
|
(540)
|
(417)
|
(545)
|
(958)
|
(1 183)
|
(1 002)
|
(758)
|
(633)
|
(693)
|
(750)
|
(668)
|
|
| Selling, General & Administrative |
(36)
|
(36)
|
(31)
|
(31)
|
(26)
|
(24)
|
(25)
|
(23)
|
(23)
|
(23)
|
(51)
|
(65)
|
(48)
|
(35)
|
(25)
|
(26)
|
(27)
|
(24)
|
|
| Depreciation & Amortization |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Other Operating Expenses |
(310)
|
(396)
|
(460)
|
(517)
|
(618)
|
(634)
|
(617)
|
(517)
|
(393)
|
(522)
|
(907)
|
(1 118)
|
(954)
|
(722)
|
(608)
|
(667)
|
(723)
|
(644)
|
|
| Operating Income |
(32)
N/A
|
(14)
+56%
|
10
N/A
|
15
+60%
|
5
-64%
|
(22)
N/A
|
(32)
-43%
|
(13)
+59%
|
4
N/A
|
18
+411%
|
63
+251%
|
89
+42%
|
65
-28%
|
24
-63%
|
(12)
N/A
|
(11)
+12%
|
(7)
+34%
|
(6)
+21%
|
|
| Pre-Tax Income | |||||||||||||||||||
| Interest Income Expense |
(1)
|
(3)
|
(4)
|
(4)
|
(2)
|
(3)
|
(3)
|
(1)
|
0
|
(1)
|
(1)
|
(3)
|
0
|
2
|
2
|
2
|
1
|
0
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
5
|
0
|
|
| Total Other Income |
(4)
|
(4)
|
(1)
|
0
|
1
|
2
|
(1)
|
(0)
|
(0)
|
(2)
|
23
|
27
|
3
|
(1)
|
(4)
|
2
|
(1)
|
(1)
|
|
| Pre-Tax Income |
(37)
N/A
|
(21)
+43%
|
6
N/A
|
11
+103%
|
5
-53%
|
(23)
N/A
|
(36)
-53%
|
(14)
+61%
|
3
N/A
|
15
+353%
|
85
+451%
|
114
+34%
|
68
-40%
|
25
-63%
|
(14)
N/A
|
(7)
+52%
|
(2)
+73%
|
(7)
-262%
|
|
| Net Income | |||||||||||||||||||
| Tax Provision |
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(0)
|
(0)
|
(4)
|
(4)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
|
| Income from Continuing Operations |
(37)
|
(21)
|
4
|
10
|
4
|
(24)
|
(38)
|
(16)
|
3
|
15
|
81
|
109
|
66
|
24
|
(16)
|
(9)
|
(3)
|
(7)
|
|
| Net Income (Common) |
(37)
N/A
|
(21)
+43%
|
4
N/A
|
10
+132%
|
4
-58%
|
(24)
N/A
|
(38)
-57%
|
(16)
+58%
|
3
N/A
|
15
+370%
|
81
+439%
|
109
+35%
|
66
-40%
|
24
-64%
|
(16)
N/A
|
(9)
+45%
|
(3)
+68%
|
(7)
-165%
|
|
| EPS (Diluted) |
-3.88
N/A
|
-1.48
+62%
|
0.3
N/A
|
0.7
+133%
|
0.3
-57%
|
-1.71
N/A
|
-2.2
-29%
|
-0.93
+58%
|
0.11
N/A
|
0.52
+373%
|
2.41
+363%
|
3.25
+35%
|
1.96
-40%
|
0.71
-64%
|
-0.46
N/A
|
-0.25
+46%
|
-0.08
+68%
|
-0.22
-175%
|
|