| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| | S-1/A | S-1/A | S-1/A | 20-F | 20-F | 20-F | 20-F | 20-F |
| Revenues: |
| Time Charter Contracts | 56.4 | 60.2 | 61.7 | 39.4 | 39.4 | | | |
| Voyage Charter | | | 3.1 | | | | | |
| Time Charter - Related Parties | | | 1.3 | 1.6 | | | | |
| Total revenues | 56.4 | 60.2 | 66.1 | 41.0 | 39.4 | 28.4 | 13.1 | 3.6 |
| Revenue growth [+] | -6.4% | -8.9% | 61.0% | 4.3% | 38.4% | 117.5% | 263.0% | -82.1% |
| Time Charter Contracts | -6.4% | -2.4% | 56.4% | 0.2% | | | | |
| Time Charter - Related Parties | | | -18.4% | | | | | |
| Cost of goods sold | 32.0 | 29.8 | 48.0 | 31.6 | 27.1 | 3.5 | 0.7 | 0.8 |
| Gross profit | 24.4 | 30.5 | 18.1 | 9.5 | 12.3 | 25.0 | 12.4 | 2.8 |
| Gross margin | 43.3% | 50.6% | 27.3% | 23.1% | 31.1% | 87.8% | 94.9% | 79.0% |
| Selling, general and administrative [+] | 1.9 | 1.9 | 1.7 | 7.0 | 5.8 | 2.9 | 3.0 | 2.3 |
| General and administrative | 1.9 | 1.9 | 1.7 | 7.0 | 5.8 | 2.9 | 3.0 | 2.3 |
| Equity in earnings | 0.7 | 0.7 | 0.8 | 0.3 | 0.0 | | | |
| Other operating expenses | | 4.8 | | | -0.9 | 16.6 | 16.8 | 1.1 |
| EBITDA [+] | 15.6 | 11.3 | 4.8 | -3.2 | 1.7 | 5.6 | -7.3 | -0.5 |
| EBITDA growth | 37.6% | 137.4% | -247.7% | -288.7% | -69.5% | -177.0% | 1457.5% | -102.9% |
| EBITDA margin | 27.6% | 18.8% | 7.2% | -7.9% | 4.3% | 19.7% | -55.7% | -13.0% |
| Depreciation and amortization | 0.0 | 0.0 | 0.1 | 0.4 | 0.1 | 0.1 | 0.1 | 0.1 |
| EBIT [+] | 15.5 | 11.3 | 4.7 | -3.6 | 1.6 | 5.5 | -7.4 | -0.6 |
| EBIT growth | 37.9% | 139.1% | -231.0% | -326.4% | -71.1% | -174.0% | 1161.2% | -106.4% |
| EBIT margin | 27.6% | 18.7% | 7.1% | -8.8% | 4.0% | 19.3% | -56.7% | -16.3% |
| Non-recurring items [+] | | 12.4 | | | | 0.6 | | |
| Loss (gain) on sale of assets | | 12.4 | | | | | | |
| Interest expense, net [+] | 7.0 | 20.9 | 17.9 | 9.5 | 15.8 | 3.1 | 0.7 | 0.4 |
| Interest expense | 7.0 | 21.0 | 18.1 | 9.7 | 15.8 | 3.1 | 0.7 | 0.5 |
| Interest income | | 0.0 | 0.1 | 0.1 | 0.0 | | | 0.1 |
| Other income (expense), net [+] | 0.1 | -0.8 | -1.5 | 2.0 | 0.8 | -0.7 | -0.4 | 1.0 |
| Impairment of equity method investments | | | -3.1 | | | | | |
| Asset impairment charges | | | | | | | 3.1 | |
| Unrealized gain/loss on derivatives | 0.1 | -0.8 | 1.6 | 1.8 | -0.3 | | | |
| Other | | | | 0.2 | 1.1 | 0.0 | 0.0 | 0.0 |
| Pre-tax income | 8.6 | -22.8 | -14.8 | -11.1 | -13.4 | 1.1 | -8.5 | 0.0 |
| Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.4 | 0.0 | 0.0 |
| Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 133.4% | 0.0% | |
| Minority interest | | | | 0.0 | 0.0 | | | |
| Net income | 8.6 | -22.8 | -14.8 | -11.1 | -13.4 | -0.4 | -8.5 | 2.9 |
| Net margin | 15.3% | -37.9% | -22.4% | -27.1% | -34.0% | -1.2% | -65.1% | 80.4% |
| |
| Basic EPS [+] | $0.22 | ($0.97) | ($126.15) | ($306.06) | ($251.50) | ($15,954.55) | ($773,363.64) | $2.23 |
| Growth | -122.3% | -99.2% | -58.8% | 21.7% | -98.4% | -97.9% | -34604143.8% | |
| Diluted EPS [+] | $0.16 | ($0.97) | ($126.15) | ($306.06) | ($251.50) | ($15,954.55) | ($773,363.64) | $1.84 |
| Growth | -116.9% | -99.2% | -58.8% | 21.7% | -98.4% | -97.9% | -42042240.9% | |
| |
| Shares outstanding (basic) [+] | 39.8 | 23.5 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 1.3 |
| Growth | 69.4% | 19982.6% | 222.1% | -31.6% | 241577.3% | 100.0% | -100.0% | 431.6% |
| Shares outstanding (diluted) [+] | 52.5 | 23.5 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 1.6 |
| Growth | 123.4% | 19982.6% | 222.1% | -31.6% | 241577.3% | 100.0% | -100.0% | 544.0% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |