OceanPal Inc. SVRN
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Market cap
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No price or market cap here: this company files no 10-K, so the only share count SEC publishes for it counts its ordinary shares in its home market, while its US listing is a depositary receipt standing for some number of them. That number is in no filing, so a price multiplied by that count is not this company's value and is not shown. The financial statements below are as filed.
Valuation FY2024 figures against the last close
P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS-2.64
Annual financial statements
Income statement
| Fiscal year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|
| Revenue | $934.0K | $0 | $0 | — | — | — | — |
| SG&A | $6.2M | $5.3M | $3.1M | — | — | — | — |
| Operating income | -$18.0M | -$7.7M | -$326.0K | — | — | — | — |
| Interest expense | $109.0K | $909.0K | $0 | — | — | — | — |
| Net income | -$17.9M | -$2.0M | -$326.0K | $751.0K | -$3.8M | -$1.9M | — |
| EPS, basic | -2.64 | -2.02 | -17.18 | — | — | — | — |
| EPS, diluted | -2.64 | -3.83 | -17.18 | — | — | — | — |
| Shares, diluted (wtd. avg.) | $7.5M | $3.4M | $155.7K | — | — | — | — |
Balance sheet
| Fiscal year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $7.2M | $14.8M | $8.5M | $1.7M | $39.6K | $1.9K | $66.7K |
| Receivables | $40.0K | $3.0M | $4.3M | $811.0K | — | — | — |
| Inventory | $1.6M | $287.0K | $334.0K | $186.0K | — | — | — |
| Total current assets | $14.1M | $20.0M | $14.2M | $3.2M | — | — | — |
| Property, plant and equipment | $71.3M | $71.1M | $63.7M | $45.7M | — | — | — |
| Total assets | $89.5M | $94.8M | $79.0M | $49.1M | — | — | — |
| Accounts payable | $1.9M | $405.0K | $281.0K | $263.0K | — | — | — |
| Total current liabilities | $5.1M | $2.3M | $2.5M | $931.0K | — | — | — |
| Retained earnings | -$25.9M | -$8.0M | -$2.3M | $65.0K | — | — | — |
| Total equity | $84.4M | $92.6M | $76.6M | $48.1M | $0 | — | — |
Cash flow
| Fiscal year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -$3.5M | $815.0K | $1.5M | $3.2M | -$2.7M | $1.4M | — |
| Depreciation and amortisation | $7.2M | $7.7M | $4.9M | $2.2M | $2.2M | $2.5M | — |
| Capital expenditure | $18.9M | $4.4M | $5.1M | $23.9K | $1.5M | $0 | — |
| Investing cash flow | -$2.5M | -$6.0M | -$5.1M | -$23.9K | -$1.5M | $0 | — |
| Financing cash flow | -$1.6M | $11.6M | $10.4M | -$3.2M | $4.2M | -$1.5M | — |
| Dividends paid | — | — | $443.0K | $2.2M | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001140361-25-014004.
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