OceanPal Inc.

OceanPal Inc.

SVRN · NASDAQ · Financial Services / Asset Management

14.53USD-0.70 (-4.60%)

Price History

Full chart

Market Stats

Previous Close15.23
Open15.99
Day Range13.50 – 15.99
52-Week Range3.12 – 61.45
Volume51.48K
Market Cap88.65M
P/E (TTM)0.00
Forward P/E0.00
EPS-181.80
Dividend Yield0.00%
Beta1.53
50-Day Avg10.59
200-Day Avg12.22

About

SVRN, Inc. engages in developing and driving adoption of the infrastructure behind the agentic economy. It helps individuals control their assets, their data, and the AI agents that act on their behalf. The company manages a digital asset treasury anchored by NEAR, driving commercial adoption of NEAR's products, and backing, building, and acquiring ventures that serve its mission. The company was formerly known as OceanPal Inc. and changed its name to SVRN, Inc. in August 2026. SVRN, Inc. was incorporated in 2021 and is headquartered in Somerville, Massachusetts.

Company Details

  • SectorFinancial Services
  • IndustryAsset Management
  • CEOMr. Salvatore Ternullo
  • Headquarters, Somerville, MA, United States, USA
  • Websitehttps://svrn.net

Leadership

  • Mr. Salvatore TernulloCo-CEO & Chairman
  • Mr. Robert Jonathan PerriCo-Chief Executive Officer · b. 1973
  • Ms. Vasiliki PlousakiChief Financial Officer · b. 1986
  • Mr. David L. SchwedChief Operating Officer
  • Ms. Rabbina AzizCorporate Secretary

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue12.37M9.41M1.33M19.09M18.96M25.70M14.10M
Growth (%)--23.92%-85.83%+1330.66%-0.67%+35.58%-45.14%
Cost of Revenue7.13M9.48M408.00K10.56M13.42M23.39M15.50M
Gross Profit5.24M-65.10K926.00K8.53M5.54M2.31M-1.40M
Gross Margin42.35%-0.69%69.42%44.67%29.21%8.98%-9.93%
Operating Expense7.10M3.73M792.00K8.85M13.26M20.35M27.20M
Operating Income-1.86M-3.80M134.00K-326.00K-7.72M-18.05M-28.60M
Operating Margin-15.06%-40.34%10.04%-1.71%-40.73%-70.21%-202.84%
EBITDA3.66M-1.64M488.00K4.57M6.60M-10.55M-22.80M
EBITDA Margin29.62%-17.47%36.58%23.95%34.83%-41.07%-161.70%
Net Income-1.86M-3.80M134.00K-326.00K-1.98M-17.86M-65.20M
Net Income Margin-15.06%-40.34%10.04%-1.71%-10.43%-69.50%-462.41%
Interest Expense---0909.00K109.00K1.60M
Interest Expense % of Total Revenue---0.00%4.80%0.42%11.35%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets35.89M37.19M49.08M79.02M94.84M89.46M165.50M
Total Liabilities1.02M1.89M931.00K2.46M2.29M5.09M8.90M
Total Equity34.86M35.30M48.15M76.56M92.56M84.37M156.60M
Cash1.92K39.64K1.67M8.45M14.84M7.16M33.20M
Net Debt-1.92K-39.64K-1.67M-8.45M-14.84M-7.16M-33.20M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.44M-2.72M715.00K1.51M815.00K-3.53M-
Investing Cash Flow--1.47M-42.00K-5.09M-6.01M-2.52M-
Financing Cash Flow-1.50M4.24M1.00M10.36M11.58M-1.64M-
Capital Expenditure01.47M42.00K5.09M4.37M18.91M0
Free Cash Flow1.44M-4.20M673.00K-3.58M-3.55M-22.44M-
Dividends Paid1.50M-1.67M3.10M2.09M1.64M-
FCF to OCF100.00%154.16%94.13%-236.68%-435.95%635.58%-
Dividend Paid to FCF104.50%-248.85%-86.60%-58.80%-7.29%-

Earnings

Report DateOct 19, 2021Apr 7, 2022Aug 2, 2022Nov 29, 2022Mar 30, 2023Mar 31, 2023Jun 30, 2023Sep 30, 2023Dec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Apr 15, 2025Sep 4, 2025
EPS Estimate0.00------------0.000.00
EPS Actual-0.160.030.010.01-0.67-194.77128.79-531.64-208.55-113.94-578.57-41.33-586.15-1.26-39.63
Surprise---------------
Timing---------------

Key Statistics & Ratios

Market Cap88.65M
Enterprise Value30.45M
Trailing P/E0.00
Forward P/E0.00
Price / Sales6.62
Price / Book0.40
EPS-181.80
Book Value207.39
Revenue (TTM)13.40M
Gross Profit (TTM)3.70M
EBITDA-22.17M
Profit Margin0.00%
Operating Margin-286.92%
Return on Equity-54.12%
Return on Assets-13.73%
Shares Outstanding1.88M
Shares Float605.38K
Beta1.53
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
2.83%
Insiders
28.08%
Retail / Other
69.09%

Top Institutional Holders

  • Clear Street Group Inc
    53.31K2.84%
  • UBS Group AG
    2.04K0.11%
  • Citigroup Inc
    10.00%
  • Valeo Financial Advisors, LLC
    00.00%
  • Harbor Asset Planning, INC.
    00.00%
  • Group One Trading, LLC
    00.00%
  • Morgan Stanley - Brokerage Accounts
    00.00%
  • Larson Financial Group, LLC
    00.00%
  • SBI Securities Co Ltd
    00.00%
  • Virtu Financial LLC
    00.00%
  • Advisor Group Holdings, Inc.
    00.00%
  • COINFUND MANAGEMENT LLC
    00.00%
  • Hanson Mcclain Inc
    00.00%
  • Acadian Asset Management LLC
    00.00%
  • Jane Street Group LLC
    00.00%
  • Wells Fargo & Co
    00.00%

Top Fund Holders

  • Fidelity Nasdaq Composite Index
    1.42K0.08%
  • SFL STANLIB Multi Manager Glbl Equity A
    520.00%

Dividends

20223×
10000.00Aug 11, 202210000.00Jun 13, 202250000.00Mar 31, 2022

Stock Splits

  • Mar 30, 20261:20
  • Aug 25, 20251:25
  • Jun 8, 20231:20
  • Dec 22, 20221:10