Toro Corp. acquires, owns, charters, and operates oceangoing tanker vessels and provides seaborne transportation services for crude oil and refined petroleum products worldwide. The company operates through Aframax/LR2 tanker and Handysize tanker segments. It operates a fleet of eight tanker vessels with an aggregate cargo carrying capacity of 0.7 million dwt. The company was incorporated in 2022 and is headquartered in Limassol, Cyprus.
According to Toro Corp.'s latest financial reports the company's current revenue (TTM) is $84.83 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.
Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
---|---|---|---|---|---|
2023 | $84.83 M | $59.6 M | $160.86 M | $152.42 M | $140.64 M |
2022 | $111.89 M | $50.73 M | $55.68 M | $50.89 M | $49.93 M |
2021 | $29.26 M | $154.91 K | $2.99 M | $-1,224,217 | $-1,430,391 |