Top Ships (TOPS) Revenue & Revenue Breakdown
Top Ships Revenue Highlights
Latest Revenue (Y)
$82.95M
Latest Revenue (Q)
$41.80M
Main Segment (Y)
Time Charter Contracts
Main Geography (Y)
Time Charter Contracts
Top Ships Revenue by Period
Top Ships Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $82.95M | 2.84% |
| 2022-12-31 | $80.66M | 43.09% |
| 2021-12-31 | $56.37M | -6.40% |
| 2020-12-31 | $60.22M | -8.88% |
| 2019-12-31 | $66.09M | 61.00% |
| 2018-12-31 | $41.05M | 4.28% |
| 2017-12-31 | $39.36M | 38.44% |
| 2016-12-31 | $28.43M | 117.46% |
| 2015-12-31 | $13.07M | 262.99% |
| 2014-12-31 | $3.60M | -82.06% |
| 2013-12-31 | $20.07M | -36.13% |
| 2012-12-31 | $31.43M | -24.62% |
| 2011-12-31 | $41.69M | -54.12% |
| 2010-12-31 | $90.88M | -15.84% |
| 2009-12-31 | $107.98M | -58.05% |
| 2008-12-31 | $257.38M | 2.03% |
| 2007-12-31 | $252.26M | -18.64% |
| 2006-12-31 | $310.04M | 26.95% |
| 2005-12-31 | $244.22M | 160.28% |
| 2004-12-31 | $93.83M | 306.45% |
| 2003-12-31 | $23.09M | 102.04% |
| 2002-12-31 | $11.43M | -14.37% |
| 2001-12-31 | $13.34M | - |
Top Ships generated $82.95M in revenue during NA 2023, up 2.84% compared to the previous quarter, and up 202.08% compared to the same period a year ago.
Top Ships Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $41.80M | 100.00% |
| 2023-09-30 | $20.90M | -49.20% |
| 2023-06-30 | $41.15M | 100.00% |
| 2023-03-31 | $20.57M | -50.80% |
| 2022-12-31 | $41.81M | 100.00% |
| 2022-09-30 | $20.91M | -46.18% |
| 2022-06-30 | $38.85M | 100.00% |
| 2022-03-31 | $19.42M | -37.46% |
| 2021-12-31 | $31.06M | 100.00% |
| 2021-09-30 | $15.53M | -38.65% |
| 2021-06-30 | $25.31M | 100.00% |
| 2021-03-31 | $12.65M | -54.20% |
| 2020-12-31 | $27.63M | 100.00% |
| 2020-09-30 | $13.81M | -57.62% |
| 2020-06-30 | $32.59M | 100.00% |
| 2020-03-31 | $16.30M | -55.11% |
| 2019-12-31 | $36.30M | 100.00% |
| 2019-09-30 | $18.15M | -39.06% |
| 2019-06-30 | $29.79M | 100.00% |
| 2019-03-31 | $14.89M | 39.41% |
| 2018-12-31 | $10.68M | - |
| 2018-09-30 | $10.68M | 8.55% |
| 2018-06-30 | $9.84M | - |
| 2018-03-31 | $9.84M | -3.42% |
| 2017-12-31 | $10.19M | - |
| 2017-09-30 | $10.19M | 7.37% |
| 2017-06-30 | $9.49M | - |
| 2017-03-31 | $9.49M | 12.95% |
| 2016-12-31 | $8.40M | - |
| 2016-09-30 | $8.40M | 100.00% |
| 2016-06-30 | - | -100.00% |
| 2016-03-31 | $5.81M | 100.00% |
| 2015-12-31 | - | -100.00% |
| 2014-12-31 | $1.50M | 1.01% |
| 2014-09-30 | $1.48M | 772.94% |
| 2014-06-30 | $170.00K | -57.50% |
| 2014-03-31 | $400.00K | -156.42% |
| 2013-12-31 | $-709.00K | -110.83% |
| 2013-09-30 | $6.55M | -3.21% |
| 2013-06-30 | $6.76M | 100.00% |
| 2012-12-31 | - | -100.00% |
| 2011-06-30 | $22.02M | -1.70% |
| 2011-03-31 | $22.41M | -0.87% |
| 2010-12-31 | $22.60M | -3.11% |
| 2010-09-30 | $23.33M | 6.99% |
| 2010-06-30 | $21.80M | -5.78% |
| 2010-03-31 | $23.14M | -5.15% |
| 2009-12-31 | $24.40M | -3.01% |
| 2009-09-30 | $25.15M | -12.16% |
| 2009-06-30 | $28.64M | -3.88% |
| 2009-03-31 | $29.79M | -19.40% |
| 2008-12-31 | $36.96M | -48.01% |
| 2008-09-30 | $71.09M | -7.29% |
| 2008-06-30 | $76.69M | 5.58% |
| 2008-03-31 | $72.64M | 40.26% |
| 2007-12-31 | $51.79M | 1.16% |
| 2007-09-30 | $51.19M | -32.00% |
| 2007-06-30 | $75.29M | 1.76% |
| 2007-03-31 | $73.99M | 9.14% |
| 2006-12-31 | $67.79M | -4.04% |
| 2006-09-30 | $70.65M | 1.13% |
| 2006-06-30 | $69.86M | -31.34% |
| 2006-03-31 | $101.75M | 12.31% |
| 2005-12-31 | $90.59M | 81.17% |
| 2005-09-30 | $50.00M | -11.23% |
| 2005-06-30 | $56.33M | 19.11% |
| 2005-03-31 | $47.29M | -1.02% |
| 2004-12-31 | $47.78M | 149.33% |
| 2004-09-30 | $19.16M | 9.95% |
| 2004-06-30 | $17.43M | 125.52% |
| 2004-03-31 | $7.73M | 44.15% |
| 2003-03-31 | $5.36M | - |
Top Ships generated $41.80M in revenue during Q4 2023, up 100.00% compared to the previous quarter, and up 199.97% compared to the same period a year ago.
Top Ships Revenue Breakdown
Top Ships Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|
| Time Charter - Related Parties | - | - | $1.31M |
| Time Charter Contracts | $56.37M | $60.22M | $61.70M |
| Voyage Charter | - | - | $3.08M |
Top Ships's latest annual revenue breakdown by segment (product or service), as of Dec 21: Time Charter Contracts (100.00%).
Quarterly Revenue by Product
| Product/Service | Dec 19 | Jun 19 |
|---|---|---|
| Time Charter - Related Parties | - | $1.31M |
| Voyage Charter | - | $3.14M |
| Time Charter Contracts | $36.36M | $25.34M |
Top Ships's latest quarterly revenue breakdown by segment (product or service), as of Dec 19: Time Charter Contracts (100.00%).
Top Ships Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|
| Time Charter - Related Parties | - | - | $1.31M |
| Voyage Charter | - | - | $3.08M |
| Time Charter Contracts | $56.37M | $60.22M | $61.70M |
Top Ships's latest annual revenue breakdown by geography, as of Dec 21: Time Charter Contracts (100.00%).
Quarterly Revenue by Country
| Country | Jun 19 |
|---|---|
| Voyage Charter | $3.14M |
| Time Charter Contracts | $25.34M |
| Time Charter - Related Parties | $1.31M |
Top Ships's latest quarterly revenue breakdown by geography, as of Jun 19: Time Charter Contracts (85.07%), Voyage Charter (10.53%), and Time Charter - Related Parties (4.40%).
Top Ships Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CLCO | Cool Company | $393.32M | $81.30M |
| KNOP | KNOT Offshore Partners LP | $290.72M | $76.63M |
| SB | Safe Bulkers | $284.40M | $81.67M |
| DSX | Diana Shipping | $262.10M | $57.65M |
| ESEA | Euroseas | $189.36M | $46.72M |
| SHIP | Seanergy Maritime | $110.23M | $38.29M |
| PSHG | Performance Shipping | $108.94M | $22.37M |
| CTRM | Castor Maritime | $97.52M | $20.39M |
| TORO | Toro | $84.83M | $7.60M |
| TOPS | Top Ships | $82.95M | $41.80M |
| PXS | Pyxis Tankers | $45.47M | $11.80M |
| USEA | United Maritime | $36.07M | $10.60M |
| GLBS | Globus Maritime | $31.20M | $7.71M |
TOPS Revenue FAQ
What is Top Ships’s yearly revenue?
Top Ships's yearly revenue for 2023 was $82.95M, representing an increase of 2.84% compared to 2022. The company's yearly revenue for 2022 was $80.66M, representing an increase of 43.09% compared to 2021. TOPS's yearly revenue for 2021 was $56.37M, representing a decrease of -6.40% compared to 2020.
What is Top Ships’s quarterly revenue?
Top Ships's quarterly revenue for Q4 2023 was $41.8M, a 100.00% increase from the previous quarter (Q3 2023), and a -0.01% decrease year-over-year (Q4 2022). The company's quarterly revenue for Q3 2023 was $20.9M, a -49.20% decrease from the previous quarter (Q2 2023), and a -0.01% decrease year-over-year (Q3 2022). TOPS's quarterly revenue for Q2 2023 was $41.14M, a 100.00% increase from the previous quarter (Q1 2023), and a 5.92% increase year-over-year (Q2 2022).
What is Top Ships’s revenue growth rate?
Top Ships's revenue growth rate for the last 3 years (2021-2023) was 47.16%, and for the last 5 years (2019-2023) was 25.51%.
What are Top Ships’s revenue streams?
Top Ships's revenue streams in c 21 are Time Charter Contracts
What is Top Ships’s main source of revenue?
For the fiscal year ending Dec 21, the largest source of revenue of Top Ships was Time Charter Contracts. This segment made a revenue of $56.37M, representing 100.00% of the company's total revenue.