SVRN
OceanPal Inc.
NASDAQ: SVRN · INDUSTRIALS · MARINE SHIPPING
$8.25
-0.12% today
Updated 2026-04-30
Market cap
$15.51M
P/E ratio
—
P/S ratio
1.16x
EPS (TTM)
$-181.80
Dividend yield
—
52W range
$3 – $1,585
Volume
5.9M
OceanPal Inc. (SVRN) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Revenue | $12.37M | $9.41M | $1.33M | $19.09M | $18.96M | $25.70M |
| Revenue growth (YoY) | — | -23.9% | -85.8% | +1330.7% | -0.7% | +35.6% |
| Cost of revenue | $7.13M | $9.48M | $408000.00 | $10.56M | $13.42M | $23.39M |
| Gross profit | $5.24M | $-65099.00 | $926000.00 | $8.53M | $5.54M | $2.31M |
| Gross margin | 42.4% | -0.7% | 69.4% | 44.7% | 29.2% | 9.0% |
| R&D | — | — | — | — | — | — |
| SG&A | $809205.00 | $1.26M | $901024.00 | $3.08M | $6.52M | $6.21M |
| Operating income | $-1.86M | $-3.80M | $134000.00 | $-326000.00 | $-7.72M | $-18.05M |
| Operating margin | -15.1% | -40.3% | 10.0% | -1.7% | -40.7% | -70.2% |
| EBITDA | $1.19M | $-1.64M | $488000.00 | $4.57M | $6.60M | $-10.55M |
| EBITDA margin | 9.6% | -17.5% | 36.6% | 23.9% | 34.8% | -41.1% |
| EBIT | — | $-3.80M | $134000.00 | $-326000.00 | $-1.07M | $-17.75M |
| Interest expense | — | — | — | $0.00 | $909000.00 | $109000.00 |
| Income tax | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-1.86M | $-3.80M | $134000.00 | $-326000.00 | $-1.98M | $-17.86M |
| Net income growth (YoY) | — | -103.8% | +103.5% | -343.3% | -506.4% | -803.5% |
| Profit margin | -15.1% | -40.3% | 10.0% | -1.7% | -10.4% | -69.5% |