2020 Bulkers Ltd. engages in the operation of dry bulk carriers. The firm is the owner and operator of large dry bulk vessels. The firm has six Newcastlemax dry bulk vessels in operation, which are fitted with exhaust scrubber ‘systems. The firm's fleet includes Bulk Sandefjord, Bulk Santiago, Bulk Shenzhen, Bulk Sydney, Bulk Sao Paulo, and Bulk Santos.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue
64
64
114
73
77
115
Revenue Growth (YoY)
-44%
-44%
56%
-5%
-33%
140%
Cost of Revenue
14
14
16
19
18
17
Gross Profit
50
50
98
53
58
98
Selling, General & Admin
4
4
3
3
4
3
Research & Development
--
--
--
--
--
--
Operating Expenses
13
13
14
15
17
17
Other Non Operating Income (Expenses)
0
0
0
0
0
0
Pretax Income
29
29
77
27
32
70
Income Tax Expense
0
0
0
1
0
0
Net Income
29
29
76
25
31
70
Net Income Growth
-62%
-62%
204%
-19%
-56%
536%
Shares Outstanding (Diluted)
22.88
22.87
22.87
22.57
22.51
22.55
Shares Change (YoY)
0%
0%
1%
0%
0%
2%
EPS (Diluted)
1.28
1.28
3.33
1.13
1.41
3.13
EPS Growth
-61%
-61%
194%
-20%
-55%
527%
Free Cash Flow
34
34
44
41
42
83
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
78.12%
78.12%
85.96%
72.6%
75.32%
85.21%
Operating Margin
56.25%
56.25%
72.8%
50.68%
53.24%
69.56%
Profit Margin
45.31%
45.31%
66.66%
34.24%
40.25%
60.86%
Free Cash Flow Margin
53.12%
53.12%
38.59%
56.16%
54.54%
72.17%
EBITDA
43
43
92
48
52
91
EBITDA Margin
67.18%
67.18%
80.7%
65.75%
67.53%
79.13%
D&A For EBITDA
7
7
9
11
11
11
EBIT
36
36
83
37
41
80
EBIT Margin
56.25%
56.25%
72.8%
50.68%
53.24%
69.56%
Effective Tax Rate
0%
0%
0%
3.7%
0%
0%
Follow-Up Questions
What are 2020 Bulkers Ltd's key financial statements?
According to the latest financial statement (Form-10K), 2020 Bulkers Ltd has a total asset of $270, Net profit of $29
What are the key financial ratios for TTBKF?
2020 Bulkers Ltd's Current ratio is 2.21, has a Net margin is 45.31, sales per share of $2.79.
How is 2020 Bulkers Ltd's revenue broken down by segment or geography?
2020 Bulkers Ltd largest revenue segment is Time Charter, at a revenue of 771,104,789 in the most earnings release.For geography, Bermuda is the primary market for 2020 Bulkers Ltd, at a revenue of 1,227,099,811.
Is 2020 Bulkers Ltd profitable?
yes, according to the latest financial statements, 2020 Bulkers Ltd has a net profit of $29
Does 2020 Bulkers Ltd have any liabilities?
yes, 2020 Bulkers Ltd has liability of 122
How many outstanding shares for 2020 Bulkers Ltd?
2020 Bulkers Ltd has a total outstanding shares of 22.88