Earnings Summary

Oceanpal Inc.’s revenue jumped 49.38% since last year same period to $5.81Mn in the Q1 2024. On a quarterly growth basis, Oceanpal Inc. has generated 0% jump in its revenue since last 3-months.

Oceanpal Inc.’s net profit fell -34.09% since last year same period to $0.06Mn in the Q1 2024. On a quarterly growth basis, Oceanpal Inc. has generated 0% jump in its net profits since last 3-months.

Oceanpal Inc.’s net profit margin fell -55.88% since last year same period to 1% in the Q1 2024. On a quarterly growth basis, Oceanpal Inc. has generated 0% jump in its net profit margins since last 3-months.

Oceanpal Inc.’s earning per share (EPS) estimates for the current year stand at 0.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Oceanpal Inc.’s return on assets (ROA) stands at -0.06.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Oceanpal Inc.’s return on equity (ROE) stands at -0.02.