$LPG
DORIAN LPG LTD.

2024 Q3 Form 10-Q Financial Statement

#000159699324000043 Filed on August 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $82.43M $114.4M
YoY Change -43.03% 2.5%
Cost Of Revenue $10.60M $11.45M
YoY Change -20.27% 5.58%
Gross Profit $71.83M $102.9M
YoY Change -45.33% 2.17%
Gross Profit Margin 87.14% 89.99%
Selling, General & Admin $16.46M $10.42M
YoY Change 21.02% 13.08%
% of Gross Profit 22.91% 10.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $17.37M $17.17M
YoY Change 2.18% 3.1%
% of Gross Profit 24.18% 16.69%
Operating Expenses $52.73M $47.43M
YoY Change 3.6% 5.18%
Operating Profit $19.10M $55.47M
YoY Change -76.27% -0.27%
Interest Expense $4.461M $3.729M
YoY Change -208.81% -203.99%
% of Operating Profit 23.36% 6.72%
Other Income/Expense, Net -$9.667M -$4.185M
YoY Change 143.18% 1225.2%
Pretax Income $9.429M $51.29M
YoY Change -87.68% -0.84%
Income Tax
% Of Pretax Income
Net Earnings $9.429M $51.29M
YoY Change -87.68% -0.84%
Net Earnings / Revenue 11.44% 44.85%
Basic Earnings Per Share $0.22 $1.25
Diluted Earnings Per Share $0.22 $1.25
COMMON SHARES
Basic Shares Outstanding 42.62M 40.62M
Diluted Shares Outstanding 42.60M 41.12M

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $358.5M $364.9M
YoY Change 86.73% 134.6%
Cash & Equivalents $348.6M $353.3M
Short-Term Investments $9.894M $11.62M
Other Short-Term Assets $16.60M $18.29M
YoY Change 5.7% 60.09%
Inventory $2.431M $2.375M
Prepaid Expenses
Receivables $1.034M $728.1K
Other Receivables $60.94M $79.24M
Total Short-Term Assets $439.5M $465.5M
YoY Change 58.44% 92.8%
LONG-TERM ASSETS
Property, Plant & Equipment $1.204B $1.218B
YoY Change -2.82% -13.19%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.588M $2.584M
YoY Change 3002.55% -89.13%
Total Long-Term Assets $1.422B $1.446B
YoY Change -5.63% -1.09%
TOTAL ASSETS
Total Short-Term Assets $439.5M $465.5M
Total Long-Term Assets $1.422B $1.446B
Total Assets $1.861B $1.912B
YoY Change 4.33% 12.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.962M $7.994M
YoY Change -19.99% -29.06%
Accrued Expenses $4.049M $4.538M
YoY Change -20.53% -85.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $53.77M $53.65M
YoY Change 0.83% 0.82%
Total Short-Term Liabilities $104.0M $101.2M
YoY Change -1.21% 4.76%
LONG-TERM LIABILITIES
Long-Term Debt $525.2M $538.4M
YoY Change -9.15% -8.93%
Other Long-Term Liabilities $1.576M $1.548M
YoY Change 8.44% -98.81%
Total Long-Term Liabilities $669.0M $690.7M
YoY Change -11.44% -4.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $104.0M $101.2M
Total Long-Term Liabilities $669.0M $690.7M
Total Liabilities $773.0M $791.9M
YoY Change -10.19% -3.2%
SHAREHOLDERS EQUITY
Retained Earnings $354.4M $387.8M
YoY Change 26.98% 59.47%
Common Stock $542.9K $540.0K
YoY Change 4.5% 4.53%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.088B $1.120B
YoY Change
Total Liabilities & Shareholders Equity $1.861B $1.912B
YoY Change 4.33% 12.22%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $9.429M $51.29M
YoY Change -87.68% -0.84%
Depreciation, Depletion And Amortization $17.37M $17.17M
YoY Change 2.18% 3.1%
Cash From Operating Activities $57.33M $41.22M
YoY Change -42.84% -34.84%
INVESTING ACTIVITIES
Capital Expenditures $1.578M $1.252M
YoY Change -69.05% -46.61%
Acquisitions
YoY Change
Other Investing Activities $1.800M
YoY Change -190.0%
Cash From Investing Activities $221.7K -$1.252M
YoY Change -103.12% -46.61%
FINANCING ACTIVITIES
Cash Dividend Paid $40.36M
YoY Change 9990.73%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $13.34M
YoY Change 0.8%
Cash From Financing Activities -61.44M 30.83M
YoY Change 8.36% -157.04%
NET CHANGE
Cash From Operating Activities 57.33M 41.22M
Cash From Investing Activities 221.7K -1.252M
Cash From Financing Activities -61.44M 30.83M
Net Change In Cash -3.883M 70.78M
YoY Change -110.64% 930.64%
FREE CASH FLOW
Cash From Operating Activities $57.33M $41.22M
Capital Expenditures $1.578M $1.252M
Free Cash Flow $55.76M $39.97M
YoY Change -41.43% -34.39%

Facts In Submission

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4522986

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