Financial Snapshot

Revenue
$76.44M
TTM
Gross Margin
60.73%
TTM
Net Earnings
$69.55M
TTM
Current Assets
$239.0M
Q3 2024
Current Liabilities
$7.423M
Q3 2024
Current Ratio
3219.76%
Q3 2024
Total Assets
$563.2M
Q3 2024
Total Liabilities
$7.423M
Q3 2024
Book Value
$555.8M
Q3 2024
Cash
$171.3M
Q3 2024
P/E
0.4863
Nov 29, 2024 EST
Free Cash Flow
$11.89M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $97.52M $262.1M $132.0M $12.49M $5.970M $4.405M
YoY Change -62.79% 98.49% 957.24% 109.21% 35.52%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $97.52M $262.1M $132.0M $12.49M $5.970M $4.405M
Cost Of Revenue $41.91M $62.97M $39.20M $7.450M $2.800M $1.559M
Gross Profit $55.60M $199.1M $92.85M $5.040M $3.160M $2.847M
Gross Profit Margin 57.02% 75.98% 70.31% 40.35% 52.93% 64.62%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $5.681M $7.044M $3.266M $1.130M $380.0K $96.35K
YoY Change -19.34% 115.65% 189.05% 197.37% 294.4%
% of Gross Profit 10.22% 3.54% 3.52% 22.42% 12.03% 3.38%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $22.08M $25.83M $14.36M $1.900M $900.0K $707.1K
YoY Change -14.53% 79.84% 655.94% 111.11% 27.29%
% of Gross Profit 39.71% 12.97% 15.47% 37.7% 28.48% 24.84%
Operating Expenses $39.98M $75.58M $37.33M $4.590M $1.750M $948.7K
YoY Change -47.1% 102.47% 713.23% 162.29% 84.46%
Operating Profit $22.01M $126.8M $55.52M $450.0K $1.410M $1.898M
YoY Change -82.64% 128.35% 12237.57% -68.09% -25.71%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense $11.26M $8.584M -$2.751M -$2.180M -$200.0K $9.110K
YoY Change 31.17% -412.0% 26.2% 990.0% -2295.39%
% of Operating Profit 51.16% 6.77% -4.96% -484.44% -14.18% 0.48%
Other Income/Expense, Net -$527.0K -$6.870M -$2.751M -$2.184M -$6.430K
YoY Change -92.33% 149.71% 25.98%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income $21.48M $119.9M $52.77M -$1.730M $1.090M $1.505M
YoY Change -82.09% 127.24% -3150.16% -258.72% -27.59%
Income Tax $177.8K $1.349M $497.3K $20.00K
% Of Pretax Income 0.83% 1.12% 0.94%
Net Earnings $38.64M $118.6M $52.27M -$1.750M $1.090M $1.505M
YoY Change -67.41% 126.82% -3086.89% -260.55% -27.59%
Net Earnings / Revenue 39.63% 45.23% 39.58% -14.01% 18.26% 34.17%
Basic Earnings Per Share $0.39 $1.25 $0.48 -$0.26
Diluted Earnings Per Share $0.17 $1.25 $612.5K -$258.5K $4.037M $6.272M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $111.4M $142.4M $37.17M $8.930M $4.560M $1.887M
YoY Change -21.77% 282.99% 316.28% 95.83% 141.62%
Cash & Equivalents $111.4M $142.4M $37.17M $8.930M $4.560M $1.887M
Short-Term Investments $77.09M $0.00
Other Short-Term Assets $125.2M $4.716M $5.165M $1.060M $550.0K $783.7K
YoY Change 2555.6% -8.69% 387.28% 92.73% -29.82%
Inventory $977.6K $2.833M $4.437M $710.0K $140.0K
Prepaid Expenses
Receivables $2.915M $13.32M $8.224M $1.300M $220.0K
Other Receivables $5.650M $2.996M $0.00 $1.560M $760.0K
Total Short-Term Assets $242.3M $166.2M $55.00M $13.56M $6.220M $2.847M
YoY Change 45.74% 202.26% 305.61% 118.01% 118.44%
Property, Plant & Equipment $229.5M $435.9M $394.0M $58.05M $23.70M $6.995M
YoY Change -47.34% 10.64% 578.67% 144.94% 238.8%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $117.5M $0.00
YoY Change
Other Assets $11.19M $25.56M $13.14M $2.760M $500.0K $341.1K
YoY Change -56.24% 94.58% 375.98% 452.0% 46.6%
Total Long-Term Assets $362.8M $466.7M $407.9M $60.81M $24.20M $7.336M
YoY Change -22.27% 14.41% 570.8% 151.28% 229.86%
Total Assets $605.0M $632.9M $462.9M $74.37M $30.42M $10.18M
YoY Change
Accounts Payable $2.833M $9.237M $5.043M $2.080M $410.0K $244.4K
YoY Change -69.33% 83.19% 142.43% 407.32% 67.78%
Accrued Expenses $3.593M $7.763M $4.460M
YoY Change -53.72% 74.08%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $17.68M $31.78M $16.09M $7.100M $1.520M $0.00
YoY Change -44.36% 97.47% 126.64% 367.11%
Total Short-Term Liabilities $28.60M $51.36M $34.03M $10.90M $2.980M $432.8K
YoY Change -44.31% 50.93% 212.2% 265.77% 588.52%
Long-Term Debt $65.71M $120.1M $85.95M $11.08M $14.23M $0.00
YoY Change -45.27% 39.69% 675.72% -22.14%
Other Long-Term Liabilities $0.00 $10.46M
YoY Change -100.0%
Total Long-Term Liabilities $65.71M $120.1M $85.95M $11.08M $14.23M $0.00
YoY Change -45.27% 39.69% 675.72% -22.14%
Total Liabilities $94.31M $171.4M $120.0M $21.99M $17.22M $432.8K
YoY Change -44.98% 42.88% 445.61% 27.7% 3878.65%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 95.71M 94.61M 83.92M 6.774M
Diluted Shares Outstanding 219.5M 94.61M 85.33M 6.774M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $33.818 Million

About Castor Maritime Inc.

Castor Maritime Inc is a CY-based company operating in Marine Transportation industry. Castor Maritime Inc. is a global shipping company. The firm is engaged in the seaborne transportation of a range of commodities along worldwide shipping routes. The company offers seaborne transportation services for dry bulk and containership cargoes. The firm owns a fleet of approximately 11 vessels, with an aggregate capacity of 0.8 million deadweight ton (dwt), consisting of three Kamsarmax vessels, five Panamax dry bulk vessels, one Ultramax vessel and two 2,700 twenty-foot equivalent unit (TEU) containership vessels. The Company’s fleet include M/V Magic Orion, M/V Magic Thunder, M/V Magic Perseus, M/V Magic Starlight, M/V Magic Mars, M/V Magic P, M/V Magic Vela, M/V Magic Eclipse, M/V Magic Pluto and M/V Magic Callisto. The firm offers its vessels for short, medium and long-term period.

Industry: Deep Sea Foreign Transportation of Freight Peers: TORO CORP.