Pangaea Logistics Solutions, Ltd.

NasdaqCM PANL

Pangaea Logistics Solutions, Ltd. EBITDA for the Trailing 12 Months (TTM) ending September 30, 2024: USD 65.31 M

Pangaea Logistics Solutions, Ltd. EBITDA is USD 65.31 M for the Trailing 12 Months (TTM) ending September 30, 2024, a -14.97% change year over year. EBITDA means earnings before interest, taxes, depreciation, and amortization, which measures a company's operating performance by excluding non-operating expenses.

Pangaea Logistics Solutions, Ltd. EBITDA for the Trailing 12 Months (TTM) ending September 30, 2023 was USD 76.81 M, a -45.08% change year over year.
Pangaea Logistics Solutions, Ltd. EBITDA for the Trailing 12 Months (TTM) ending September 30, 2022 was USD 139.86 M, a 78.59% change year over year.
Pangaea Logistics Solutions, Ltd. EBITDA for the Trailing 12 Months (TTM) ending September 30, 2021 was USD 78.31 M, a 170.78% change year over year.
Pangaea Logistics Solutions, Ltd. EBITDA for the Trailing 12 Months (TTM) ending September 30, 2020 was USD 28.92 M, a -41.96% change year over year.

Key data

Date	EBITDA	Net Income	EPS (Diluted)	Shares (Diluted, Weighted)

NasdaqCM: PANL

Pangaea Logistics Solutions, Ltd.

CEO	Mr. Mark L. Filanowski
IPO Date	Dec. 19, 2013
Location	United States
Headquarters	109 Long Wharf
Employees	151
Sector	Industrials
Industries Logistics & Freight Container Shipping Maritime Shipping

Description

Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. The company offers various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. Its ocean logistics services comprise cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management. As of March 16, 2022, the company owned and operated a fleet of 25 vessels. Pangaea Logistics Solutions, Ltd. was founded in 1996 and is based in Newport, Rhode Island.

Key trends

Past 5 years