YOLFTbeta
2020 Bulkers Ltd

2020 Bulkers Ltd

2020 · OL · Industrials / Marine Shipping

10.74NOK+1.50 (+16.23%)

Price History

Full chart

Market Stats

Previous Close9.24
Open9.67
Day Range9.35 – 11.28
52-Week Range2.56 – 144.04
Volume2.45M
Market Cap117.01M
P/E (TTM)0.07
Forward P/E6.84
EPS86.61
Dividend Yield197.09%
Beta0.06
50-Day Avg4.60
200-Day Avg65.39

About

2020 Bulkers Ltd. owns and operates large dry bulk vessels worldwide. It operates six scrubber fitted 208,000 deadweight tonnage Newcastlemax dry bulk vessels. 2020 Bulkers Ltd. was incorporated in 2017 and is based in Hamilton, Bermuda.

Company Details

  • SectorIndustrials
  • IndustryMarine Shipping
  • CEOMr. Lars-Christian Svensen
  • Employees6
  • HeadquartersS.E. Pearman Building, Hamilton, Bermuda, HM11, Norway
  • Websitehttps://2020bulkers.com

Leadership

  • Mr. Lars-Christian SvensenChief Executive Officer · b. 1986
  • Mr. Vidar HasundChief Financial Officer · b. 1978
  • Mr. Christian DahllChief Operational Officer
  • Mr. Petter LalicChief Technology Officer
  • Ms. Kseniia SheikoGroup Controller

Financials

Income Statement

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-09.10M48.90M113.80M76.10M69.70M71.70M63.10M
Growth (%)---+437.36%+132.72%-33.13%-8.41%+2.87%-11.99%
Cost of Revenue--3.50M24.30M32.20M31.40M31.90M26.50M24.00M
Gross Profit--5.60M24.60M81.60M44.70M37.80M45.20M39.10M
Gross Margin--61.54%50.31%71.70%58.74%54.23%63.04%61.97%
Operating Expense--4.70M3.50M1.20M3.20M100.00K-38.50M2.40M
Operating Income-426.00K-736.90K900.00K21.10M80.40M41.50M37.70M83.70M36.70M
Operating Margin--9.89%43.15%70.65%54.53%54.09%116.74%58.16%
EBITDA-63.10K1.50M30.60M92.00M53.10M49.90M93.30M45.80M
EBITDA Margin--16.48%62.58%80.84%69.78%71.59%130.13%72.58%
Net Income-418.00K-775.30K-400.00K11.10M70.80M31.90M25.60M76.30M29.50M
Net Income Margin---4.40%22.70%62.21%41.92%36.73%106.42%46.75%
Interest Expense-31.60K500.00K9.60M9.50M9.40M11.20M6.80M7.60M
Interest Expense % of Total Revenue--5.49%19.63%8.35%12.35%16.07%9.48%12.04%

Balance Sheet

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets15.01M68.77M283.10M395.70M390.60M379.80M376.10M266.60M270.20M
Total Liabilities108.60K477.20K145.00M253.60M238.90M223.90M215.10M114.70M121.80M
Total Equity14.90M68.29M138.10M142.10M151.70M155.90M161.00M151.80M148.20M
Cash6.15M282.70K20.10M19.90M24.00M15.50M30.70M16.10M22.10M
Total Debt50.00K-140.10M246.00M232.00M218.00M203.90M110.10M-
Net Debt-6.10M-282.70K120.00M226.10M208.00M202.50M173.20M94.00M88.60M

Cash Flow

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-24.40K-501.10K5.10M21.80M83.50M42.30M41.20M44.70M34.50M
Investing Cash Flow-35.40M-59.53M-126.30M-123.20M---123.50M-
Financing Cash Flow60.01M54.17M141.10M101.20M-79.40M-50.70M-26.10M-182.80M-
Capital Expenditure35.40M59.53M125.40M124.00M0002.60M0
Free Cash Flow-35.42M-60.04M-120.30M-102.20M83.50M42.30M41.20M42.10M34.50M
Dividends Paid-3.00M3.00M5.30M64.90M35.90M14.50M86.00M28.60M
FCF to OCF145172.13%11980.70%-2358.82%-468.81%100.00%100.00%100.00%94.18%100.00%
Dividend Paid to FCF--5.00%-2.49%-5.19%77.72%84.87%35.19%204.28%82.90%

Earnings

Report DateFeb 11, 2019Aug 13, 2019Nov 7, 2019Feb 11, 2020Apr 30, 2020Aug 13, 2020Nov 12, 2020Jan 28, 2021Apr 27, 2021Aug 11, 2021Oct 27, 2021Jan 26, 2022Apr 27, 2022Aug 17, 2022Nov 8, 2022Feb 8, 2023May 9, 2023Aug 16, 2023Nov 8, 2023Feb 7, 2024May 8, 2024Aug 14, 2024Nov 13, 2024Feb 12, 2025May 7, 2025Aug 13, 2025Nov 12, 2025Feb 11, 2026May 13, 2026Aug 26, 2026Nov 25, 2026
EPS Estimate--0.030.060.110.070.230.220.280.820.931.140.260.600.340.320.030.270.160.630.330.430.480.380.020.230.440.500.200.070.07
EPS Actual-0.02-0.060.030.060.010.110.220.160.260.770.961.160.260.530.320.300.040.210.230.650.360.470.500.230.010.250.430.600.230.04-
Surprise--0.00%0.00%-90.91%57.14%-4.35%-27.27%-7.14%-6.10%3.23%1.75%0.00%-11.67%-5.88%-6.25%33.33%-22.22%43.75%3.17%9.09%9.30%4.17%-39.47%-50.00%8.70%-2.27%20.00%15.00%-42.86%-
TimingPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-market

Key Statistics & Ratios

Market Cap117.01M
Enterprise Value77.25M
Trailing P/E0.07
Forward P/E6.84
Price / Sales0.50
Price / Book2.49
EPS86.61
Book Value2.53
Revenue (TTM)232.80M
Gross Profit (TTM)222.00M
EBITDA221.95M
Profit Margin89.13%
Operating Margin98.96%
Return on Equity267.48%
Return on Assets98.57%
Shares Outstanding20.14M
Shares Float15.68M
Beta0.06
Dividend Yield197.09%
Dividend Rate11.65
Payout Ratio103.17%

Dividends

20264×
129.50Apr 29, 20260.94Mar 17, 20261.41Feb 18, 20262.17Jan 15, 2026
202512×
1.98Dec 18, 20251.79Nov 20, 20251.79Oct 16, 20251.88Sep 16, 20251.41Aug 21, 20251.51Jul 15, 20251.04Jun 17, 20250.94May 15, 20250.57Apr 15, 20250.09Mar 20, 20250.28Feb 18, 20250.47Jan 16, 2025
20248×
1.32Dec 12, 20241.41Nov 19, 20241.88Oct 17, 20241.60Sep 17, 20241.88Aug 20, 20241.88Jul 16, 20241.70Jun 18, 20241.32May 15, 2024