Name | Value |
---|---|
Revenues | 10.5M |
Cost of Revenue | 9.7M |
Gross Profit | 0.9M |
Operating Expense | 1.2M |
Operating I/L | 33.3M |
Other Income/Expense | 1.8M |
Interest Income | 2.7M |
Pretax | 35.1M |
Income Tax Expense | 0.0M |
Net Income/Loss | 35.1M |
Toro Corp. is a global provider of seaborne transportation services for crude oil and refined petroleum products. The company specializes in acquiring, owning, chartering, and operating oceangoing tanker vessels. It operates through Aframax/LR2 tanker and Handysize tanker segments, with a fleet of eight tanker vessels and an aggregate cargo carrying capacity of 0.7 million dwt. Toro Corp. generates revenue by offering efficient and reliable transportation of oil and petroleum products across international waters, catering to the needs of the global energy market.