OceanPal Inc. (SVRN)
NCM · Industrials · Marine Shipping
$6.30
+1.12%
Closing price as of 2026-07-29 · Source: TEK2day Finance
Key Metrics
Market Cap
$11.8M
Shares Outstanding
1.9M
Exchange
NCM
Currency
USD
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.
Quarterly Financials
| Metric | 2024-09-30 | 2024-12-31 |
|---|---|---|
| Revenue | 7.5M | 5.8M |
| Gross Profit | 1.7M | -1.4M |
| Operating Income | -177K | 3.7M |
| Net Income | -162K | -8.2M |
| Diluted EPS | $-40.00 | $-585.00 |
Annual Financials
| Metric | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Revenue | 19.1M | 19.0M | 25.7M |
| Gross Profit | 3.6M | -1.1M | 2.3M |
| Operating Income | -326K | -7.7M | -5.2M |
| Net Income | -326K | -2.0M | -17.9M |
| Diluted EPS | $-2,626.72 | $-1,915.00 | $-1,320.00 |