OceanPal (OP) Revenue & Revenue Breakdown


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OceanPal Revenue Highlights


Latest Revenue (Y)

$18.96M

Latest Revenue (Q)

$5.69M

OceanPal Revenue by Period


OceanPal Revenue by Year

DateRevenueChange
2023-12-31$18.96M-0.67%
2022-12-31$19.09M1330.66%
2021-12-31$1.33M-85.82%
2020-12-31$9.41M-23.92%
2019-12-31$12.37M-

OceanPal generated $18.96M in revenue during NA 2023, up -0.67% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

OceanPal Revenue by Quarter

DateRevenueChange
2024-03-31$5.69M-2.08%
2023-12-31$5.81M50.23%
2023-09-30$3.87M-28.34%
2023-06-30$5.39M38.76%
2023-03-31$3.89M-32.08%
2022-12-31$5.72M11.91%
2022-09-30$5.12M12.02%
2022-06-30$4.57M24.08%
2022-03-31$3.68M100.00%
2021-09-30--

OceanPal generated $5.69M in revenue during Q1 2024, up -2.08% compared to the previous quarter, and up 99.35% compared to the same period a year ago.

OceanPal Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
GNKGenco Shipping & Trading$383.82B$107.05M
SBLKStar Bulk Carriers$949.27M$259.39M
GOGLGolden Ocean Group$885.77M$246.74M
ESEAEuroseas$189.36M$46.72M
SHIPSeanergy Maritime$110.23M$38.29M
PSHGPerformance Shipping$108.94M$22.37M
CTRMCastor Maritime$97.52M$20.39M
TOPSTop Ships$82.95M$41.80M
USEAUnited Maritime$36.07M$10.60M
GLBSGlobus Maritime$31.20M$7.71M
OPOceanPal$18.96M$5.69M

OP Revenue FAQ


OceanPal's yearly revenue for 2023 was $18.96M, representing a decrease of -0.67% compared to 2022. The company's yearly revenue for 2022 was $19.08M, representing an increase of 1330.66% compared to 2021. OP's yearly revenue for 2021 was $1.33M, representing a decrease of -85.82% compared to 2020.

OceanPal's quarterly revenue for Q1 2024 was $5.69M, a -2.08% decrease from the previous quarter (Q4 2023), and a 46.27% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $5.81M, a 50.23% increase from the previous quarter (Q3 2023), and a 1.47% increase year-over-year (Q4 2022). OP's quarterly revenue for Q3 2023 was $3.87M, a -28.34% decrease from the previous quarter (Q2 2023), and a -24.42% decrease year-over-year (Q3 2022).

OceanPal's revenue growth rate for the last 3 years (2021-2023) was 1321.06%, and for the last 5 years (2019-2023) was 53.25%.