FMP
Safe Bulkers, Inc.
SB
NYSE
Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 18, 2022, the company had a fleet of 40 drybulk vessels having an average age of 10.4 years; and an aggregate carrying capacity of 3,925,500 deadweight tons. Its fleet consisted of 12 Panamax class vessels, 7 Kamsarmax class vessels, 15 post- Panamax class vessels, and 6 Capesize class vessels. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.
3.45 USD
0.08 (2.32%)
SB Financial Statements
Year
2024
2023
2022
2021
Total Revenue
307.63M
284.4M
349.72M
329.03M
Cost of Revenue
167.46M
165M
139.7M
134.17M
Gross Profit
140.17M
119.41M
210.02M
194.87M
Operating Expenses
11.74M
15.26M
25.37M
22.5M
Research and Development
0
0
0
0
Selling, General & Administrative Expenses
27.04M
23.76M
21.8M
22.5M
Selling & Marketing Expenses
0
0
0
0
General & Administrative Expenses
27.04M
23.76M
21.8M
22.5M
Other Expenses
-15.29M
-8.51M
3.57M
0
Operating Income
128.43M
104.15M
132.55M
116.38M
Total Other Income/Expenses Net
-31.05M
-26.8M
-12.09M
-17.07M
Income Before Tax
97.38M
77.35M
172.55M
174.35M
Income Tax
0
0
-49.52M
-37.65M
Net Income
97.38M
77.35M
172.55M
174.35M
Basic EPS
0.83
0.61
1.36
1.44
EPS Diluted
0.83
0.61
1.36
1.44
Basic Average Shares
107.58M
113.62M
120.65M
113.72M
Diluted Average Shares
107.58M
113.62M
120.65M
113.72M
EBITDA
186.89M
156.19M
234.17M
232.2M
Retained Earning Schedule
Year
2024
2023
2022
2021
Retained Earnings (Previous Year)
439.46M
392.79M
253.86M
90.31M
Net Income
97.38M
77.35M
172.55M
174.35M
Stock Repurchases
-28.92M
-26.22M
-46.37M
-17.71M
Dividend Paid
-29.5M
-30.68M
-33.63M
-11.2M
Retained Earnings
507.34M
439.46M
392.79M
253.86M
Other Distributions
9.46M
-10.23M
58.93M
134.65M
PPE Schedule
Year
2024
2023
2022
2021
Gross PPE
1.23B
1.18B
1.08B
952.81M
Annual Depreciation
58.13M
54.13M
49.52M
52.36M
Capital Expenditure
-144.78M
-209.1M
-183.28M
-109.23M
Net PPE
1.32B
1.34B
1.21B
1.01B
Intangible and Goodwill Schedule
Year
2024
2023
2022
2021
Acquisitions and Adjustments
0
0
0
0
Goodwill (Previous Year)
0
0
0
0
Goodwill
0
0
0
0
All figures are in USD.
