Genco Shipping & Trading Limited (GNK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	440.7M	342.1M	423.0M	383.8M	536.9M
Cost of Revenue	289.6M	296.1M	306.3M	315.7M	340.7M
Gross Profit	151.1M	46.0M	116.7M	68.2M	196.3M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	38.9B	30.8B	29.1M	28.3M	25.7M
General & Admin Expense	38.9B	30.8B	29.1M	28.3M	25.7M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	(38.8B)	(30.7B)	498.0K	45.7M	3.3M
Total Operating Expenses	90.3M	36.9M	29.6M	74.0M	29.0M
Cost and Expenses	379.9M	332.9M	336.0M	389.7M	369.7M
Operating Income (EBIT)	60.8M	9.1M	87.0M	(5.8M)	167.2M
Non-Operating
Interest Income	2.1M	1.5M	3.0M	2.7M	1.0M
Interest Expense	17.4M	12.3M	13.3M	8.8M	9.1M
Net Interest Income	(15.3M)	(10.8M)	(10.3M)	(6.1M)	(8.1M)
Other Non-Op Income/Expense	(20.2M)	(13.6M)	(10.6M)	(6.5M)	(7.9M)
Non-Operating Income (excl Interest)	3.7M	1.4M	(2.7M)	(2.3M)	(1.2M)
EBT (Pre-Tax Income)	40.6M	(4.5M)	76.5M	(12.4M)	159.4M
Income Tax Expense	—	—	—	—	—
Bottom Line
Net Income	40.3M	(4.4M)	76.4M	(12.9M)	158.6M
Earnings from Cont. Ops	40.6M	(4.5M)	76.5M	(12.4M)	159.4M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	40.3M	(4.4M)	76.4M	(12.9M)	158.6M
Per Share
Basic EPS	$0.92	($0.10)	$1.77	($0.30)	$3.74
Diluted EPS	$0.91	($0.10)	$1.75	($0.30)	$3.70
Revenue Per Share	$10.04	$7.89	$9.83	$8.97	$12.66
Shares
Basic Shares Outstanding	43.9M	43.4M	43.1M	42.8M	42.4M
Diluted Shares Outstanding	44.6M	43.4M	43.6M	42.8M	42.9M
Profitability Metrics
EBITDA	140.9M	85.1M	159.9M	64.3M	230.1M
D&A	83.8M	77.3M	70.1M	67.9M	61.6M
EBIT	57.1M	7.7M	89.8M	(3.6M)	168.5M

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 Jun 1, 2026