Name | Value |
---|---|
Revenues | 400.4M |
Cost of Revenue | 286.8M |
Gross Profit | 113.5M |
Operating Expense | 21.3M |
Operating I/L | 84.0M |
Other Income/Expense | -23.9M |
Interest Income | 9.2M |
Pretax | 60.1M |
Income Tax Expense | 18.3M |
Net Income/Loss | 61.1M |
Costamare Inc. is a leading owner and charterer of containerships and dry bulk vessels, providing services to liner companies globally. With a fleet of 76 containerships and 45 dry bulk vessels, the company offers a total capacity of approximately 557,400 twenty-foot equivalent units and 2,435,500 deadweight tons. Costamare generates revenue by leasing out its vessels to liner companies, enabling the transportation of goods across international trade routes. The company's business model revolves around the ownership and chartering of vessels, serving the global shipping industry.