SVRN
OceanPal Inc.
Price Chart
Latest Quote
$10.02
+0.03 (+0.30%)
Current Price
| Previous Close | $9.99 |
| Open | $10.29 |
| Day High | $10.29 |
| Day Low | $10.00 |
| Volume | 12,650 |
Stock Information
| Shares Outstanding | 1.88M |
| Cash Equivalents | $33.20M |
| Revenue | $13.40M |
| Net Income | $-70.00M |
| Sector | Industrials |
| Industry | Marine Shipping |
| Market Cap | $18.80M |
| EPS (TTM) | $-181.80 |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $-25.48M |
| Sales | $13.40M |
| Income | $-70.00M |
| Book/sh | $207.39 |
| Cash/sh | $17.70 |
Financial Ratios
| Quick Ratio | 4.15 |
| Current Ratio | 13.35 |
Returns & Margins
| ROA | -13.73% |
| ROE | -54.12% |
| Gross Margin | 27.61% |
| Operating Margin | -286.92% |
Ownership
| Insider Ownership | 32.49% |
| Institutional Ownership | 3.66% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/S | 1.40 |
| P/B | 0.05 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $10.64 |
| SMA50 | $9.52 |
| SMA200 | $18.42 |
| RSI | 50.09 |
| ATR | 1.3519 |
| Shares Float | 572K |
| Short Float | 0.40% |
| Short Ratio | 0.27 |
| Volatility | 1.44 |
| Rel Volume | 0.43 |
Performance History
| Week | +0.30% |
| Month | +22.20% |
| Quarter | +84.19% |
| 6 Months | -62.61% |
| YTD | -56.81% |
| Year | -99.31% |
| 3 Years | -99.27% |
| 10 Years | -100.00% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $10.02 | 12,900 |
| 2026-06-17 | $9.99 | 19,900 |
| 2026-06-16 | $10.23 | 12,100 |
| 2026-06-15 | $10.57 | 14,200 |
| 2026-06-12 | $9.90 | 3,000 |
| 2026-06-11 | $9.99 | 5,100 |
| 2026-06-10 | $10.00 | 12,700 |
| 2026-06-09 | $10.17 | 12,500 |
| 2026-06-08 | $11.25 | 29,600 |
| 2026-06-05 | $8.95 | 35,700 |
| 2026-06-04 | $11.60 | 23,800 |
| 2026-06-03 | $12.70 | 27,000 |
| 2026-06-02 | $11.50 | 36,600 |
| 2026-06-01 | $10.05 | 8,900 |
| 2026-05-29 | $10.00 | 13,000 |
| 2026-05-28 | $10.40 | 23,500 |
| 2026-05-27 | $11.25 | 29,100 |
| 2026-05-26 | $12.27 | 70,100 |
| 2026-05-22 | $12.69 | 192,200 |
| 2026-05-21 | $9.30 | 20,400 |
| 2026-05-20 | $8.21 | 15,900 |
| 2026-05-19 | $8.20 | 120,500 |
About OceanPal Inc.
OceanPal Inc. provides ocean-going transportation services worldwide. It owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks, including steel products, cement, and fertilizers. As of December 31, 2023, the company's fleet consists of three Panamax dry bulk carriers with a total cargo carrying capacity of approximately 223,546 dwt; and one MR2 product tanker vessel with a carrying capacity of 49,999 dwt. OceanPal Inc. was incorporated in 2021 and is based in Athens, Greece.
Period:
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Income Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Revenue | |||
| Reconciled Cost Of Revenue | $23,394,000 | $20,031,000 | $15,456,000 |
| Cost Of Revenue | $23,394,000 | $20,031,000 | $15,456,000 |
| Total Revenue | $25,702,000 | $18,957,000 | $19,085,000 |
| Operating Revenue | $25,702,000 | $18,957,000 | $19,085,000 |
| Expenses | |||
| Interest Expense | $109,000 | $909,000 | $0 |
| Total Expenses | $30,868,000 | $26,679,000 | $19,411,000 |
| Other Income Expense | $-12,899,000 | $6,150,000 | - |
| Other Non Operating Income Expenses | $-6,720,000 | $-74,000 | - |
| Net Non Operating Interest Income Expense | $203,000 | $-405,000 | $0 |
| Interest Expense Non Operating | $109,000 | $909,000 | $0 |
| Operating Expense | $7,474,000 | $6,648,000 | $3,955,000 |
| Other Operating Expenses | $1,262,000 | $1,367,000 | $872,000 |
| General And Administrative Expense | $6,212,000 | $5,281,000 | $3,083,000 |
| Income & Earnings | |||
| Net Income From Continuing Operation Net Minority Interest | $-17,862,000 | $-1,977,000 | $-326,000 |
| Net Interest Income | $203,000 | $-405,000 | $0 |
| Interest Income | $312,000 | $504,000 | $0 |
| Normalized Income | $-11,733,000 | $-8,199,000 | $-326,000 |
| Net Income From Continuing And Discontinued Operation | $-17,862,000 | $-1,977,000 | $-326,000 |
| Total Operating Income As Reported | $-18,045,000 | $-7,722,000 | $-326,000 |
| Average Dilution Earnings | $0 | $-6,222,000 | $0 |
| Net Income Common Stockholders | $-19,729,000 | $-6,707,000 | $-2,674,000 |
| Net Income | $-17,862,000 | $-1,977,000 | $-326,000 |
| Net Income Including Noncontrolling Interests | $-17,862,000 | $-1,977,000 | $-326,000 |
| Net Income Continuous Operations | $-17,862,000 | $-1,977,000 | $-326,000 |
| Pretax Income | $-17,862,000 | $-1,977,000 | $-326,000 |
| Special Income Charges | $-6,129,000 | $0 | $0 |
| Earnings From Equity Interest | $-50,000 | $2,000 | $0 |
| Interest Income Non Operating | $312,000 | $504,000 | $0 |
| Operating Income | $-5,166,000 | $-7,722,000 | $-326,000 |
| Gross Profit | $2,308,000 | $-1,074,000 | $3,629,000 |
| Per Share | |||
| Diluted EPS | $-1320.00 | $-1915.00 | $-2626.72 |
| Basic EPS | $-1320.00 | $-1010.00 | $-2626.72 |
| Other | |||
| Tax Effect Of Unusual Items | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-11,624,000 | $-7,290,000 | $-326,000 |
| Total Unusual Items | $-6,129,000 | $6,222,000 | $0 |
| Total Unusual Items Excluding Goodwill | $-6,129,000 | $6,222,000 | $0 |
| EBITDA (Bullshit earnings) | $-17,753,000 | $-1,068,000 | $-326,000 |
| EBIT | $-17,753,000 | $-1,068,000 | $-326,000 |
| Diluted Average Shares | $14,930 | $6,744 | $1,018 |
| Basic Average Shares | $14,930 | $6,631 | $1,018 |
| Diluted NI Availto Com Stockholders | $-19,729,000 | $-12,929,000 | $-2,674,000 |
| Otherunder Preferred Stock Dividend | $0 | $0 | $1,012,000 |
| Preferred Stock Dividends | $1,867,000 | $4,730,000 | $1,336,000 |
| Gain On Sale Of Ppe | $-7,000 | $0 | $0 |
| Write Off | $6,122,000 | $0 | $0 |
| Impairment Of Capital Assets | $6,122,000 | $0 | $0 |
| Selling General And Administration | $6,212,000 | $5,281,000 | $3,083,000 |
| Other Gand A | $6,212,000 | $5,281,000 | $3,083,000 |
| Gain On Sale Of Security | - | $6,222,000 | - |
Fetched: 2026-06-17
Balance Sheet (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $84,370,000 | $92,559,000 | $76,559,000 | $48,149,000 |
| Total Assets | $89,462,000 | $94,845,000 | $79,018,000 | $49,080,000 |
| Total Non Current Assets | $75,350,000 | $74,801,000 | $64,847,000 | $45,880,000 |
| Non Current Deferred Assets | $1,117,000 | $2,056,000 | $1,175,000 | $152,000 |
| Current Assets | $14,112,000 | $20,044,000 | $14,171,000 | $3,200,000 |
| Other Current Assets | $2,290,000 | $1,953,000 | $1,126,000 | - |
| Inventory | $1,598,000 | $287,000 | $334,000 | $186,000 |
| Receivables | $3,064,000 | $2,963,000 | $4,257,000 | $881,000 |
| Accounts Receivable | $3,064,000 | $2,963,000 | $4,252,000 | $811,000 |
| Allowance For Doubtful Accounts Receivable | $-34,000 | $-33,000 | $-15,000 | - |
| Gross Accounts Receivable | $3,098,000 | $2,996,000 | $4,267,000 | - |
| Cash Cash Equivalents And Short Term Investments | $7,160,000 | $14,841,000 | $8,454,000 | $1,673,000 |
| Cash And Cash Equivalents | $7,160,000 | $14,841,000 | $8,454,000 | $1,673,000 |
| Prepaid Assets | - | - | $1,126,000 | $460,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $5,092,000 | $2,286,000 | $2,459,000 | $931,000 |
| Total Non Current Liabilities Net Minority Interest | $0 | $0 | $0 | $0 |
| Current Liabilities | $5,092,000 | $2,286,000 | $2,459,000 | $931,000 |
| Current Deferred Liabilities | $184,000 | $399,000 | $374,000 | $228,000 |
| Payables And Accrued Expenses | $4,908,000 | $1,887,000 | $2,085,000 | $703,000 |
| Payables | $2,488,000 | $989,000 | $931,000 | $322,000 |
| Dividends Payable | $177,000 | $110,000 | $240,000 | $0 |
| Accounts Payable | $1,853,000 | $405,000 | $281,000 | $263,000 |
| Equity | ||||
| Common Stock Equity | $84,365,000 | $92,554,000 | $76,554,000 | $48,144,000 |
| Preferred Stock Equity | $5,000 | $5,000 | $5,000 | $5,000 |
| Total Equity Gross Minority Interest | $84,370,000 | $92,559,000 | $76,559,000 | $48,149,000 |
| Stockholders Equity | $84,370,000 | $92,559,000 | $76,559,000 | $48,149,000 |
| Retained Earnings | $-25,908,000 | $-8,020,000 | $-2,321,000 | $65,000 |
| Long Term Equity Investment | $2,970,000 | $1,645,000 | $0 | - |
| Other | ||||
| Ordinary Shares Number | $15,009 | $14,897 | $1,018 | $88 |
| Share Issued | $15,009 | $14,897 | $1,018 | $88 |
| Tangible Book Value | $84,365,000 | $92,554,000 | $76,554,000 | $48,144,000 |
| Invested Capital | $84,365,000 | $92,554,000 | $76,554,000 | $48,144,000 |
| Working Capital | $9,020,000 | $17,758,000 | $11,712,000 | $2,269,000 |
| Total Capitalization | $84,370,000 | $92,559,000 | $76,559,000 | $48,149,000 |
| Additional Paid In Capital | $110,198,000 | $100,500,000 | $78,870,000 | $48,070,000 |
| Capital Stock | $80,000 | $79,000 | $10,000 | $14,000 |
| Common Stock | $75,000 | $74,000 | $5,000 | $9,000 |
| Preferred Stock | $5,000 | $5,000 | $5,000 | $5,000 |
| Current Deferred Revenue | $184,000 | $399,000 | $374,000 | $228,000 |
| Current Accrued Expenses | $2,420,000 | $898,000 | $1,154,000 | $381,000 |
| Dueto Related Parties Current | $458,000 | $474,000 | $410,000 | $59,000 |
| Investments And Advances | $2,970,000 | $1,645,000 | $0 | - |
| Net PPE | $71,263,000 | $71,100,000 | $63,672,000 | $45,728,000 |
| Accumulated Depreciation | $-11,199,000 | $-12,044,000 | $-5,104,000 | $-354,000 |
| Gross PPE | $82,462,000 | $83,144,000 | $68,776,000 | $46,082,000 |
| Machinery Furniture Equipment | $82,462,000 | $83,144,000 | $68,776,000 | $46,082,000 |
| Treasury Shares Number | - | $0 | - | - |
| Duefrom Related Parties Current | - | $0 | $5,000 | $70,000 |
Fetched: 2026-06-17
Cash Flow Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Free Cash Flow | |||
| Free Cash Flow | $-22,436,000 | $-3,553,000 | $-3,581,000 |
| Operating Activities | |||
| Operating Cash Flow | $-3,530,000 | $815,000 | $1,513,000 |
| Cash Flow From Continuing Operating Activities | $-3,530,000 | $815,000 | $1,513,000 |
| Operating Gains Losses | $57,000 | $-6,224,000 | - |
| Investing Activities | |||
| Capital Expenditure | $-18,906,000 | $-4,368,000 | $-5,094,000 |
| Investing Cash Flow | $-2,515,000 | $-6,011,000 | $-5,094,000 |
| Cash Flow From Continuing Investing Activities | $-2,515,000 | $-6,011,000 | $-5,094,000 |
| Financing Activities | |||
| Issuance Of Capital Stock | $0 | $15,158,000 | $16,195,000 |
| Financing Cash Flow | $-1,636,000 | $11,583,000 | $10,362,000 |
| Cash Flow From Continuing Financing Activities | $-1,636,000 | $11,583,000 | $10,362,000 |
| Cash Dividends Paid | $-1,636,000 | $-2,089,000 | $-3,998,000 |
| Preferred Stock Dividend Paid | $-1,636,000 | $-2,089,000 | $-897,000 |
| Common Stock Dividend Paid | $0 | $0 | $-3,101,000 |
| Net Preferred Stock Issuance | $0 | $35,000 | $0 |
| Preferred Stock Issuance | $0 | $35,000 | $0 |
| Net Common Stock Issuance | $0 | $15,123,000 | $16,195,000 |
| Common Stock Issuance | $0 | $15,123,000 | $16,195,000 |
| Net Other Financing Charges | - | $-1,513,000 | $-1,835,000 |
| Other | |||
| End Cash Position | $7,160,000 | $14,841,000 | $8,454,000 |
| Beginning Cash Position | $14,841,000 | $8,454,000 | $1,673,000 |
| Changes In Cash | $-7,681,000 | $6,387,000 | $6,781,000 |
| Proceeds From Stock Option Exercised | $0 | $27,000 | $0 |
| Net Business Purchase And Sale | $-1,375,000 | $-1,643,000 | $0 |
| Purchase Of Business | $-1,375,000 | $-1,643,000 | $0 |
| Net PPE Purchase And Sale | $-1,140,000 | $-4,368,000 | $-5,094,000 |
| Sale Of PPE | $17,766,000 | $0 | $0 |
| Purchase Of PPE | $-18,906,000 | $-4,368,000 | $-5,094,000 |
| Change In Working Capital | $-1,821,000 | $-1,456,000 | $-3,625,000 |
| Change In Other Working Capital | $-215,000 | $25,000 | $298,000 |
| Change In Other Current Assets | $-1,845,000 | $-2,985,000 | $-944,000 |
| Change In Payables And Accrued Expense | $2,954,000 | $-68,000 | $1,211,000 |
| Change In Accrued Expense | $1,522,000 | $-256,000 | $842,000 |
| Change In Payable | $1,432,000 | $188,000 | $369,000 |
| Change In Account Payable | $1,448,000 | $124,000 | $18,000 |
| Change In Prepaid Assets | $-1,303,000 | $231,000 | $-666,000 |
| Change In Inventory | $-1,311,000 | $47,000 | $-148,000 |
| Change In Receivables | $-101,000 | $1,294,000 | $-3,376,000 |
| Changes In Account Receivables | $-101,000 | $1,289,000 | $-3,441,000 |
| Other Non Cash Items | $7,198,000 | $8,579,000 | $4,896,000 |
| Stock Based Compensation | $2,776,000 | $1,893,000 | $568,000 |
| Asset Impairment Charge | $6,122,000 | $0 | $0 |
| Earnings Losses From Equity Investments | $50,000 | $-2,000 | $0 |
| Gain Loss On Sale Of PPE | $7,000 | $0 | $0 |
| Net Income From Continuing Operations | $-17,862,000 | $-1,977,000 | $-326,000 |
| Gain Loss On Investment Securities | - | $-6,222,000 | - |
Fetched: 2026-06-17