Himalaya Shipping Ltd
Himalaya Shipping Ltd (J1X.SG) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for Himalaya Shipping Ltd (J1X.SG), featuring income statements, balance sheets, and cash flow data.
Himalaya Shipping Ltd (J1X.SG) Income Statement & Financial Overview
Analyze Himalaya Shipping Ltd’s J1X.SG earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $29.60M | $39.20M | $31.41M | $22.92M |
| Cost of Revenue | $7.30M | $14.22M | $12.16M | $10.07M |
| Gross Profit | $22.30M | $24.98M | $19.25M | $12.85M |
| Gross Profit Ratio | $0.75 | $0.64 | $0.61 | $0.56 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $1.01M | $1.29M | $1.62M | $1.76M |
| Operating Expenses | $8.31M | $1.29M | $1.62M | $1.76M |
| Total Costs & Expenses | $15.60M | $15.50M | $13.78M | $11.83M |
| Interest Income | $232000.00 | $256000.00 | $384000.00 | $193000.00 |
| Interest Expense | $13.19M | $13.28M | $11.04M | $9.13M |
| Depreciation & Amortization | $7.30M | $7.28M | $6.51M | $5.28M |
| EBITDA | $21.29M | $31.23M | $24.53M | $16.85M |
| EBITDA Ratio | $0.72 | $0.80 | $0.78 | $0.73 |
| Operating Income | $13.99M | $23.70M | $17.63M | $11.10M |
| Operating Income Ratio | $0.47 | $0.60 | $0.56 | $0.48 |
| Other Income/Expenses (Net) | -$12.97M | -$13.02M | -$10.77M | -$8.93M |
| Income Before Tax | $1.03M | $10.67M | $6.86M | $2.42M |
| Income Before Tax Ratio | $0.03 | $0.27 | $0.22 | $0.11 |
| Income Tax Expense | $7000.00 | $4000.00 | $0.00 | $2.00 |
| Net Income | $1.02M | $10.67M | $6.86M | $2.49M |
| Net Income Ratio | $0.03 | $0.27 | $0.22 | $0.11 |
| EPS | $0.02 | $0.24 | $0.16 | $0.06 |
| Diluted EPS | $0.02 | $0.24 | $0.16 | $0.06 |
| Weighted Avg Shares Outstanding | $43.90M | $44.45M | $43.90M | $43.90M |
| Weighted Avg Shares Outstanding (Diluted) | $43.90M | $43.90M | $43.90M | $43.90M |
Over the last four quarters, Himalaya Shipping Ltd's revenue moved from $22.92M in Q1 2024 to $29.60M in Q4 2024. Operating income in Q4 2024 was $13.99M, with a strong operating margin of 47%. Despite fluctuations in R&D and SG&A expenses, EBITDA for Himalaya Shipping Ltd remained robust at $21.29M, reflecting operational efficiency. Net income dropped to $1.02M, with an EPS of $0.02. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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