Castor Maritime Inc. (CTRM) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	82.7M	81.8M	66.2M	97.5M	150.2M
Cost of Revenue	59.5M	60.1M	46.6M	69.0M	63.5M
Gross Profit	23.3M	21.7M	19.7M	28.5M	86.7M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	20.2M	19.4M	18.2M	12.8M	16.4M
General & Admin Expense	20.2M	19.4M	18.2M	12.8M	16.4M
Selling & Marketing Expense	10.5K	—	4.8K	—	—
Other Expenses	(2.1M)	2.4M	—	(6.4M)	(2.8M)
Total Operating Expenses	18.1M	21.8M	18.2M	6.5M	13.6M
Cost and Expenses	77.6M	81.9M	64.7M	75.5M	77.1M
Operating Income (EBIT)	5.2M	(92.9K)	1.5M	22.0M	73.1M
Non-Operating
Interest Income	—	1.9M	6.9M	3.2M	1.4M
Interest Expense	2.1M	3.0M	6.1M	11.3M	7.7M
Net Interest Income	(2.1M)	(1.1M)	796.4K	(8.0M)	(6.3M)
Other Non-Op Income/Expense	111.1M	22.5M	13.9M	(527.0K)	(6.2M)
Non-Operating Income (excl Interest)	(112.9M)	(25.5M)	(20.0M)	(10.7M)	(652.0K)
EBT (Pre-Tax Income)	116.3M	22.4M	15.4M	21.5M	66.9M
Income Tax Expense	2.2M	865.9K	134.0K	177.8K	388.7K
Bottom Line
Net Income	85.4M	19.3M	14.6M	38.6M	118.6M
Earnings from Cont. Ops	114.1M	21.5M	15.3M	21.3M	66.5M
Earnings from Discont. Ops	—	—	—	17.3M	52.0M
Bottom Line Net Income	85.2M	19.2M	33.8M	37.0M	118.6M
Per Share
Basic EPS	$7.96	$1.13	$3.50	$3.86	$12.53
Diluted EPS	$1.29	$0.36	$0.87	$1.68	$12.53
Revenue Per Share	$8.56	$8.47	$6.86	$10.19	$15.88
Shares
Basic Shares Outstanding	9.7M	9.7M	9.7M	9.6M	9.5M
Diluted Shares Outstanding	56.6M	53.7M	38.7M	22.0M	9.5M
Profitability Metrics
EBITDA	133.1M	40.2M	37.4M	55.7M	92.3M
D&A	15.1M	14.8M	15.8M	23.0M	18.5M
EBIT	118.0M	25.4M	21.5M	32.7M	73.7M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026