Top Ships Inc. owns and operates tanker vessels worldwide. The company's medium range tanker vessels transport crude oil, petroleum products, and bulk liquid chemicals. As of December 31, 2020, it had a fleet with a total capacity of 1,435,000 deadweight tonnes (dwt) consisting of one 50,000 dwt product/chemical tanker, five 157,000 dwt Suezmax tankers, two 300,000 dwt very large crude carriers, and two 50,000 dwt product tankers. The company was formerly known as Top Tankers Inc. and changed its name to Top Ships Inc. in December 2007. Top Ships Inc. was incorporated in 2000 and is based in Maroussi, Greece.
Revenue of Top Ships Inc. (TOPS)
Revenue in 2023 (TTM): $82.95 M
According to Top Ships Inc.'s latest financial reports the company's current revenue (TTM) is $82.95 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Top Ships Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $82.95 M | $48.46 M | $43.08 M | $6.07 M | $6.07 M |
| 2022 | $80.66 M | $36.25 M | $52.52 M | $18.95 M | $40.89 M |
| 2021 | $56.37 M | $20.5 M | $23.65 M | $8.62 M | $16.5 M |
| 2020 | $60.22 M | $24.87 M | $11.66 M | $-22,818,000 | $-44,254,000 |
| 2019 | $66.09 M | $28.65 M | $29.32 M | $-14,773,000 | $-33,346,000 |
| 2018 | $41.05 M | $11.63 M | $4.46 M | $-11,420,000 | $-11,425,000 |
| 2017 | $39.36 M | $11.24 M | $7 M | $-13,345,000 | $-13,377,000 |
| 2016 | $28.43 M | $6.44 M | $7.47 M | $1.05 M | $1.05 M |
| 2015 | $13.08 M | $811 K | $-7,019,000 | $-8,507,000 | $-17,014,000 |
| 2014 | $3.6 M | $1.64 M | $329 K | $2.9 M | $2.9 M |
| 2013 | $20.07 M | $12.28 M | $14.65 M | $1.41 M | $1.41 M |
| 2012 | $31.43 M | $18.22 M | $-42,426,000 | $-63,984,000 | $-63,984,000 |
| 2011 | $41.69 M | $32.22 M | $-145,689,000 | $-7,724,000 | $-189,112,000 |
| 2010 | $90.88 M | $83.82 M | $63.19 M | $17.15 M | $2.51 M |
| 2009 | $107.98 M | $65.44 M | $37.43 M | $-73,100,000 | $-50,196,000 |
| 2008 | $257.38 M | $87.89 M | $100.33 M | $49.57 M | $25.64 M |
| 2007 | $252.26 M | $5.72 M | $-1,075,000 | $-29,102,000 | $-49,076,000 |
| 2006 | $310.04 M | $238.36 M | $50.81 M | $41.29 M | $15.14 M |
| 2005 | $244.22 M | $152.81 M | $135.42 M | $87.09 M | $68.68 M |
| 2004 | $93.83 M | $60.07 M | $50.54 M | $32.95 M | $32.79 M |
| 2003 | $23.09 M | $14.67 M | $6.81 M | $1.63 M | $1.63 M |
| 2002 | $11.43 M | $3.56 M | $2.57 M | $ | $201 K |
| 2001 | $13.34 M | $5.59 M | $6.42 M | $2.53 M | $1.78 M |