Symbols / SVRN Stock $8.83 -2.00% OceanPal Inc.

Industrials • Marine Shipping • Greece • NCM
SVRN (Stock) Chart
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Industrials
Industry Marine Shipping
CEO Mr. Salvatore Ternullo
Exch · Country NCM · Greece
Market Cap 16.56M
Enterprise Value -26.53M
Income -70.00M
Sales 13.40M
FCF (ttm) —
Book/sh 207.39
Cash/sh 43.97
Employees —
Insider 10d —
IPO Nov 30, 2021
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E —
PEG —
P/S 1.24
P/B 0.04
P/C —
EV/EBITDA 1.20
EV/Sales -1.98
Quick Ratio 4.15
Current Ratio 13.35
Debt/Eq —
LT Debt/Eq —
EPS (ttm) -181.80
EPS next Y —
EPS Growth —
Revenue Growth -37.40%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) —
Earnings (prior) —
ROA -13.73%
ROE -54.12%
ROIC —
Gross Margin 27.61%
Oper. Margin -286.92%
Profit Margin 0.00%
Shs Outstand 1.88M
Shs Float 572.02K
Insider Own 34.84%
Instit Own 7.84%
Short Float 1.10%
Short Ratio 0.06
Short Interest 20.52K
52W High 1,585.00
vs 52W High -99.44%
52W Low 3.12
vs 52W Low 183.01%
Beta 1.21
Impl. Vol. —
Rel Volume 0.02
Avg Volume 255.37K
Volume 4.22K
Target (mean) —
Tgt Median —
Tgt Low —
Tgt High —
# Analysts —
Recom None
Prev Close $9.01
Price $8.83
Change -2.00%
About

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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$8.83
Latest analyst target
3. DCF / Fair value
—
Simplified FCF or EPS-based estimate
Ratings
Current target
$8.83
Low
—
High
—
Mean
—
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2024-12-31 2023-12-31 2022-12-31
Total Revenue
25.70
+35.58%
18.96
-0.67%
19.09
Operating Revenue
25.70
+35.58%
18.96
-0.67%
19.09
Cost Of Revenue
23.39
+16.79%
20.03
+29.60%
15.46
Reconciled Cost Of Revenue
23.39
+16.79%
20.03
+29.60%
15.46
Gross Profit
2.31
+314.90%
-1.07
-129.59%
3.63
Operating Expense
7.47
+12.42%
6.65
+68.09%
3.96
Selling General And Administration
6.21
+17.63%
5.28
+71.29%
3.08
General And Administrative Expense
6.21
+17.63%
5.28
+71.29%
3.08
Other Gand A
6.21
+17.63%
5.28
+71.29%
3.08
Other Operating Expenses
1.26
-7.68%
1.37
+56.77%
0.87
Total Expenses
30.87
+15.70%
26.68
+37.44%
19.41
Operating Income
-5.17
+33.10%
-7.72
-2268.71%
-0.33
Total Operating Income As Reported
-18.05
-133.68%
-7.72
-2268.71%
-0.33
EBITDA
-17.75
-1562.27%
-1.07
-227.61%
-0.33
Normalized EBITDA
-11.62
-59.45%
-7.29
-2136.20%
-0.33
EBIT
-17.75
-1562.27%
-1.07
-227.61%
-0.33
Total Unusual Items
-6.13
-198.51%
6.22
0.00
Total Unusual Items Excluding Goodwill
-6.13
-198.51%
6.22
0.00
Special Income Charges
-6.13
0.00
0.00
Impairment Of Capital Assets
6.12
0.00
0.00
Write Off
6.12
0.00
0.00
Net Income
-17.86
-803.49%
-1.98
-506.44%
-0.33
Pretax Income
-17.86
-803.49%
-1.98
-506.44%
-0.33
Net Non Operating Interest Income Expense
0.20
+150.12%
-0.41
0.00
Interest Expense Non Operating
0.11
-88.01%
0.91
0.00
Net Interest Income
0.20
+150.12%
-0.41
0.00
Interest Expense
0.11
-88.01%
0.91
0.00
Interest Income Non Operating
0.31
-38.10%
0.50
0.00
Interest Income
0.31
-38.10%
0.50
0.00
Other Income Expense
-12.90
-309.74%
6.15
—
Other Non Operating Income Expenses
-6.72
-8981.08%
-0.07
—
Gain On Sale Of Security
—
6.22
—
Tax Rate For Calcs
0.00
0.00
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
-17.86
-803.49%
-1.98
-506.44%
-0.33
Net Income From Continuing Operation Net Minority Interest
-17.86
-803.49%
-1.98
-506.44%
-0.33
Net Income From Continuing And Discontinued Operation
-17.86
-803.49%
-1.98
-506.44%
-0.33
Net Income Continuous Operations
-17.86
-803.49%
-1.98
-506.44%
-0.33
Normalized Income
-11.73
-43.10%
-8.20
-2415.03%
-0.33
Net Income Common Stockholders
-19.73
-194.16%
-6.71
-150.82%
-2.67
Otherunder Preferred Stock Dividend
0.00
0.00
-100.00%
1.01
Diluted EPS
-1,320.00
+31.07%
-1,915.00
+27.10%
-2,626.72
Basic EPS
-1,320.00
-30.69%
-1,010.00
+61.55%
-2,626.72
Basic Average Shares
0.01
+125.15%
0.01
+551.38%
0.00
Diluted Average Shares
0.01
+121.38%
0.01
+562.48%
0.00
Diluted NI Availto Com Stockholders
-19.73
-52.59%
-12.93
-383.51%
-2.67
Average Dilution Earnings
0.00
+100.00%
-6.22
0.00
Earnings From Equity Interest
-0.05
-2600.00%
0.00
0.00
Gain On Sale Of PPE
-0.01
0.00
0.00
Preferred Stock Dividends
1.87
-60.53%
4.73
+254.04%
1.34
Line Item Trend 2023-12-31
Total Assets
94.84
Current Assets
20.04
Cash Cash Equivalents And Short Term Investments
14.84
Cash And Cash Equivalents
14.84
Receivables
2.96
Accounts Receivable
2.96
Gross Accounts Receivable
3.00
Allowance For Doubtful Accounts Receivable
-0.03
Inventory
0.29
Prepaid Assets
—
Other Current Assets
1.95
Total Non Current Assets
74.80
Net PPE
71.10
Gross PPE
83.14
Accumulated Depreciation
-12.04
Machinery Furniture Equipment
83.14
Investments And Advances
1.65
Long Term Equity Investment
1.65
Non Current Deferred Assets
2.06
Total Liabilities Net Minority Interest
2.29
Current Liabilities
2.29
Payables And Accrued Expenses
1.89
Payables
0.99
Accounts Payable
0.41
Dividends Payable
0.11
Current Accrued Expenses
0.90
Current Deferred Liabilities
0.40
Current Deferred Revenue
0.40
Total Non Current Liabilities Net Minority Interest
0.00
Stockholders Equity
92.56
Common Stock Equity
92.55
Capital Stock
0.08
Common Stock
0.07
Preferred Stock
0.01
Share Issued
0.01
Ordinary Shares Number
0.01
Treasury Shares Number
0.00
Additional Paid In Capital
100.50
Retained Earnings
-8.02
Total Equity Gross Minority Interest
92.56
Total Capitalization
92.56
Working Capital
17.76
Invested Capital
92.55
Net Tangible Assets
92.56
Tangible Book Value
92.55
Duefrom Related Parties Current
0.00
Dueto Related Parties Current
0.47
Preferred Stock Equity
0.01
Line Item Trend 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-3.53
-533.13%
0.81
-46.13%
1.51
Cash Flow From Continuing Operating Activities
-3.53
-533.13%
0.81
-46.13%
1.51
Net Income From Continuing Operations
-17.86
-803.49%
-1.98
-506.44%
-0.33
Other Non Cash Items
7.20
-16.10%
8.58
+75.22%
4.90
Stock Based Compensation
2.78
+46.65%
1.89
+233.27%
0.57
Asset Impairment Charge
6.12
0.00
0.00
Operating Gains Losses
0.06
+100.92%
-6.22
—
Gain Loss On Investment Securities
—
-6.22
—
Gain Loss On Sale Of PPE
0.01
0.00
0.00
Change In Working Capital
-1.82
-25.07%
-1.46
+59.83%
-3.62
Change In Receivables
-0.10
-107.81%
1.29
+138.33%
-3.38
Changes In Account Receivables
-0.10
-107.84%
1.29
+137.46%
-3.44
Change In Inventory
-1.31
-2889.36%
0.05
+131.76%
-0.15
Change In Prepaid Assets
-1.30
-664.07%
0.23
+134.68%
-0.67
Change In Payables And Accrued Expense
2.95
+4444.12%
-0.07
-105.62%
1.21
Change In Accrued Expense
1.52
+694.53%
-0.26
-130.40%
0.84
Change In Payable
1.43
+661.70%
0.19
-49.05%
0.37
Change In Account Payable
1.45
+1067.74%
0.12
+588.89%
0.02
Change In Other Working Capital
-0.21
-960.00%
0.03
-91.61%
0.30
Change In Other Current Assets
-1.84
+38.19%
-2.98
-216.21%
-0.94
Investing Cash Flow
-2.52
+58.16%
-6.01
-18.00%
-5.09
Cash Flow From Continuing Investing Activities
-2.52
+58.16%
-6.01
-18.00%
-5.09
Net PPE Purchase And Sale
-1.14
+73.90%
-4.37
+14.25%
-5.09
Purchase Of PPE
-18.91
-332.83%
-4.37
+14.25%
-5.09
Sale Of PPE
17.77
0.00
0.00
Capital Expenditure
-18.91
-332.83%
-4.37
+14.25%
-5.09
Net Business Purchase And Sale
-1.38
+16.31%
-1.64
0.00
Purchase Of Business
-1.38
+16.31%
-1.64
0.00
Financing Cash Flow
-1.64
-114.12%
11.58
+11.78%
10.36
Cash Flow From Continuing Financing Activities
-1.64
-114.12%
11.58
+11.78%
10.36
Net Common Stock Issuance
0.00
-100.00%
15.12
-6.62%
16.20
Common Stock Dividend Paid
0.00
0.00
+100.00%
-3.10
Cash Dividends Paid
-1.64
+21.69%
-2.09
+47.75%
-4.00
Proceeds From Stock Option Exercised
0.00
-100.00%
0.03
0.00
Net Other Financing Charges
—
-1.51
+17.55%
-1.83
Changes In Cash
-7.68
-220.26%
6.39
-5.81%
6.78
Beginning Cash Position
14.84
+75.55%
8.45
+405.32%
1.67
End Cash Position
7.16
-51.76%
14.84
+75.55%
8.45
Free Cash Flow
-22.44
-531.47%
-3.55
+0.78%
-3.58
Common Stock Issuance
0.00
-100.00%
15.12
-6.62%
16.20
Earnings Losses From Equity Investments
0.05
+2600.00%
-0.00
0.00
Issuance Of Capital Stock
0.00
-100.00%
15.16
-6.40%
16.20
Net Preferred Stock Issuance
0.00
-100.00%
0.04
0.00
Preferred Stock Dividend Paid
-1.64
+21.69%
-2.09
-132.89%
-0.90
Preferred Stock Issuance
0.00
-100.00%
0.04
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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