Name | Value |
---|---|
Revenues | 494.8M |
Cost of Revenue | 371.1M |
Gross Profit | 123.8M |
Operating Expense | 17.8M |
Operating I/L | 106.0M |
Other Income/Expense | -1.7M |
Interest Income | 6.9M |
Pretax | 104.6M |
Income Tax Expense | 0.2M |
Net Income/Loss | 104.4M |
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, earning income through long-term charters. The company's business model revolves around the ownership and operation of a diverse fleet of vessels, catering to the global shipping industry's demand for container and dry bulk transportation services.