Oceanpal Inc
SVRNNASDAQIndustrialsMarine Shipping
Previous close
$7.94
+$0.19 · +2.45%
Pre-market
$7.96
+$0.02 · +0.25%
Aug 24, 4:39 AM ET
SVRN company overview
Regular session · ET · Market data may be delayed.
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GoAI score
Sell
Trim exposure — unfavorable risk-reward
Valuation
47
Fair Value
Momentum
21
Weakening
Sentiment
48
Mixed
Risk resilience
24
High Risk
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Company profile
Company websiteOceanPal Inc. provides ocean-going transportation services worldwide. It owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks, including steel products, cement, and fertilizers. As of December 31, 2023, the company’s fleet consists of three Panamax dry bulk carriers with a total cargo carrying capacity of approximately 223,546 dwt; and one MR2 product tanker vessel with a carrying capacity of 49,999 dwt. OceanPal Inc. was incorporated in 2021 and is based in Athens, Greece.
- Industry
- Marine Shipping
- Sector
- Industrials
- Headquarters
- GR
- CEO
- Salvatore Ternullo
- Listed since
- Nov 30, 2021
- Employees
- 5
Market position
Day range
Current $7.94
52-week range
Current $7.94
- Open
- $8.13
- Previous close
- $7.75
- Volume
- 7.53K
- 0.46× average
- Average volume
- 16.31K
- Average daily volume
- Market cap
- 14.89M USD
- Beta
- 1.46
- Market reference 1
- 50-day average
- $7.7227
- +2.81% above average
- 200-day average
- $13.6632
- -41.89% below average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- -24.88M USD
- P/E (TTM)
- -0.07×
- P/B (TTM)
- 0.04×
- P/S (TTM)
- 1.11×
- EV / EBITDA
- 1.09×
- Earnings yield
- -783.91%
- Free cash flow yield
- 0.00%
- Dividend yield
- 0.00%
Profitability & efficiency
- Gross margin
- 27.61%
- Operating margin
- -234.33%
- Net margin
- -486.57%
- Return on equity
- -41.63%
- Return on assets
- -39.40%
- Return on invested capital
- -18.26%
Financial health
- Debt / equity
- 0×
- Current ratio
- 13.35×
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 14.1M USD | 25.7M USD | 18.96M USD | 19.09M USD | 1.33M USD |
| Cost of goods sold | 15.5M USD | 23.39M USD | 13.42M USD | 10.56M USD | 408K USD |
| Gross profit | −1.4M USD | 2.31M USD | 5.54M USD | 8.53M USD | 926K USD |
| Selling, general, and administrative | 27.2M USD | 6.21M USD | 6.52M USD | 3.96M USD | 901.02K USD |
| Operating expenses | 27.2M USD | 20.35M USD | 13.26M USD | 8.85M USD | 792K USD |
| Interest income | 700K USD | 312K USD | 504K USD | — | — |
| Interest expense | 1.6M USD | 109K USD | 909K USD | — | — |
| Depreciation and amortization | 5.8M USD | 7.2M USD | 7.67M USD | 4.9M USD | 354K USD |
| Operating income | −28.6M USD | −18.05M USD | −7.72M USD | −326K USD | 134K USD |
| Net income | −65.2M USD | −17.86M USD | −1.98M USD | −326K USD | 134K USD |
Company facts updated Aug 24, 2026.
SVRN news
Corporate actions
Corporate action history
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Aug 11, 2022 | $0.01Irregular | Aug 12, 2022 | Aug 31, 2022 |
Dividend | Jun 13, 2022 | $0.01Quarterly | Jun 14, 2022 | Jun 21, 2022 |
Dividend | Mar 31, 2022 | $0.05Irregular | Apr 1, 2022 | Apr 11, 2022 |
Ex-dividend Aug 11, 2022
$0.01
Irregular
Record Aug 12, 2022 · Payment Aug 31, 2022
Ex-dividend Jun 13, 2022
$0.01
Quarterly
Record Jun 14, 2022 · Payment Jun 21, 2022
Ex-dividend Mar 31, 2022
$0.05
Irregular
Record Apr 1, 2022 · Payment Apr 11, 2022
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