Name | Value |
---|---|
Revenues | 475.4M |
Cost of Revenue | 349.1M |
Gross Profit | 126.3M |
Operating Expense | 21.5M |
Operating I/L | 104.8M |
Other Income/Expense | -0.7M |
Interest Income | 8.3M |
Pretax | 102.7M |
Income Tax Expense | 0.8M |
Net Income/Loss | 101.9M |
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.