Himalaya Shipping Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	121.97	123.58	36.74	-	-
Revenue Growth (YoY)	107.17%	236.40%	-	-	-
Cost of Revenue	27.27	25.45	9.15	-	-
Gross Profit	94.7	98.13	27.59	-	-
Selling, General & Admin	4.65	5.03	3.85	1.97	1.39
Operating Expenses	32.99	31.51	12.96	1.97	1.39
Operating Income	61.71	66.62	14.63	-1.97	-1.39
Interest Expense	-50.54	-46.64	-13.6	-	-
Interest & Investment Income	1.06	1.07	0.83	0.04	-
Earnings From Equity Investments	-0.01	-0.01	-	-	-
Other Non Operating Income (Expenses)	-0.04	0.01	-0.34	-0.02	-
Pretax Income	12.19	21.06	1.51	-1.95	-1.39
Income Tax Expense	0.01	0.01	-	-	-
Net Income	12.18	21.04	1.51	-1.95	-1.39
Net Income to Common	12.18	21.04	1.51	-1.95	-1.39
Net Income Growth	202.26%	1289.96%	-	-	-
Shares Outstanding (Basic)	44	44	39	32	18
Shares Outstanding (Diluted)	44	44	39	32	18
Shares Change (YoY)	5.79%	13.62%	20.19%	75.54%	-
EPS (Basic)	0.28	0.48	0.04	-0.06	-0.08
EPS (Diluted)	0.28	0.48	0.04	-0.06	-0.08
EPS Growth	185.77%	1123.58%	-	-	-
Free Cash Flow	-114.27	-257.21	-406.58	-79.64	-92.42
Free Cash Flow Per Share	-2.60	-5.86	-10.52	-2.48	-5.05
Gross Margin	77.64%	79.40%	75.10%	-	-
Operating Margin	50.60%	53.91%	39.81%	-	-
Profit Margin	9.98%	17.03%	4.12%	-	-
Free Cash Flow Margin	-93.68%	-208.14%	-1106.76%	-	-
EBITDA	90.05	93.1	23.74	-	-
EBITDA Margin	73.83%	75.33%	64.63%	-	-
D&A For EBITDA	28.34	26.47	9.12	-	-
EBIT	61.71	66.62	14.63	-1.97	-1.39
EBIT Margin	50.60%	53.91%	39.81%	-	-
Effective Tax Rate	0.09%	0.05%	-	-	-
Revenue as Reported	121.97	123.58	36.74	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.