NASDAQ : PXS
Pyxis Tankers Inc. — Financial statements
Energy · Oil & Gas Midstream · Greece
Last price 7.28 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 74.54M
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Financial statements
Pyxis Tankers Inc. (PXS) reported revenue of 42.35M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 42.35M | 38.99M | 51.54M | 45.47M | 58.34M | 25.34M |
| Cost of Revenue | 16.92M | 17.54M | 23.28M | 18.36M | 30.22M | 22.45M |
| Gross Profit | 25.43M | 21.45M | 28.27M | 27.11M | 28.12M | 2.89M |
| Selling, General & Admin | 4.89M | 7.98M | 4.68M | 4.94M | 4.13M | 4.11M |
| Operating Expenses | 12.45M | 15.54M | 11.54M | 10.36M | 10.34M | 9.02M |
| Operating Income | 12.98M | 5.92M | 16.72M | 16.74M | 17.78M | -6.12M |
| Interest Expense | -5.34M | -5.70M | -6.50M | -5.80M | -4.45M | -3.21M |
| Interest & Investment Income | 1.91M | 1.79M | 2.31M | 1.24M | ||
| Other Non Operating Income (Expenses) | -121.00K | -72.00K | -32.00K | -95.00K | 565.00K | -75.00K |
| EBT Excluding Unusual Items | 9.43M | 1.94M | 12.51M | 12.09M | 13.89M | -9.41M |
| Gain (Loss) on Sale of Assets | 25.12M | -466.00K | -2.39M | |||
| Other Unusual Items | -379.00K | -34.00K | -541.00K | |||
| Pretax Income | 9.43M | 1.94M | 12.51M | 36.84M | 13.39M | -12.34M |
| Earnings From Continuing Operations | 9.43M | 1.94M | 12.51M | 36.84M | 13.39M | -12.34M |
| Minority Interest in Earnings | -964.00K | 59.00K | 361.00K | 201.00K | ||
| Net Income | 8.47M | 1.99M | 12.87M | 37.04M | 13.39M | -12.34M |
| Preferred Dividends & Other Adjustments | 3.24M | 810.00K | 885.00K | 555.00K | ||
| Net Income to Common | 8.47M | 1.99M | 9.62M | 36.23M | 12.51M | -12.89M |
| Shares Outstanding (Basic) | 10.36M | 10.42M | 10.52M | 10.70M | 10.61M | 8.99M |
| Shares Outstanding (Diluted) | 10.36M | 10.42M | 10.52M | 12.59M | 12.64M | 8.99M |
| EPS (Basic) | 0.82 | 0.19 | 0.91 | 3.39 | 1.18 | -1.43 |
| EPS (Diluted) | 0.82 | 0.19 | 0.91 | 2.94 | 1.06 | -1.43 |
| Free Cash Flow | 14.98M | 12.91M | -26.32M | -10.57M | 4.72M | -44.09M |
| Free Cash Flow Per Share | 1.45 | 1.24 | -2.50 | -0.84 | 0.37 | -4.90 |
| Gross Margin | 60.05% | 55.02% | 54.84% | 59.61% | 48.20% | 11.41% |
| Operating Margin | 30.65% | 15.18% | 32.45% | 36.83% | 30.47% | -24.16% |
| Profit Margin | 20.00% | 5.11% | 18.67% | 79.68% | 21.44% | -50.88% |
| Free Cash Flow Margin | 35.37% | 33.11% | -51.06% | -23.24% | 8.09% | -173.99% |
| EBITDA | 20.56M | 13.49M | 23.63M | 22.25M | 23.88M | -1.23M |
| EBITDA Margin | 48.55% | 34.60% | 45.84% | 48.93% | 40.93% | -4.83% |
| D&A For EBITDA | 7.58M | 7.57M | 6.90M | 5.50M | 6.10M | 4.90M |
| EBIT | 12.98M | 5.92M | 16.72M | 16.74M | 17.78M | -6.12M |
| EBIT Margin | 30.65% | 15.18% | 32.45% | 36.83% | 30.47% | -24.16% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 58.15M | 35.55M | 21.24M | 34.54M | 7.56M | 6.18M |
| Short-Term Investments | 18.00M | 17.00M | 20.00M | |||
| Cash & Short-Term Investments | 58.15M | 53.55M | 38.24M | 54.54M | 7.56M | 6.18M |
| Accounts Receivable | 3.36M | 2.01M | 5.04M | 4.96M | 10.47M | 1.72M |
| Other Receivables | 245.00K | 194.00K | 608.00K | |||
| Receivables | 3.36M | 2.01M | 5.29M | 5.16M | 11.08M | 1.72M |
| Inventory | 555.00K | 536.00K | 1.89M | 957.00K | 1.91M | 1.57M |
| Prepaid Expenses | 578.00K | 552.00K | 706.00K | 226.00K | 204.00K | 186.00K |
| Restricted Cash | 376.00K | 944.00K | ||||
| Other Current Assets | 8.51M | |||||
| Total Current Assets | 62.65M | 56.65M | 46.12M | 60.88M | 21.13M | 19.10M |
| Property, Plant & Equipment | 129.63M | 133.32M | 140.02M | 99.27M | 114.19M | 119.72M |
| Long-Term Investments | 619.00K | 74.00K | ||||
| Long-Term Deferred Charges | 1.75M | 2.09M | 1.21M | 1.62M | 794.00K | 912.00K |
| Other Long-Term Assets | 1.35M | 1.35M | 1.52M | 4.54M | 2.25M | 2.75M |
| Total Assets | 195.38M | 193.41M | 188.88M | 166.31M | 138.98M | 142.56M |
| Accounts Payable | 1.62M | 1.50M | 2.11M | 1.70M | 2.60M | 3.08M |
| Accrued Expenses | 1.80M | 2.69M | 2.48M | 1.64M | 2.00M | 5.06M |
| Current Portion of Long-Term Debt | 7.96M | 7.97M | 7.56M | 5.58M | 5.83M | 11.70M |
| Current Unearned Revenue | 1.89M | 597.00K | 111.00K | 1.17M | 2.13M | |
| Other Current Liabilities | 3.00M | |||||
| Total Current Liabilities | 13.27M | 12.74M | 12.25M | 10.08M | 12.56M | 22.83M |
| Long-Term Debt | 75.22M | 79.28M | 76.96M | 55.37M | 65.05M | 70.88M |
| Total Liabilities | 88.55M | 92.02M | 89.22M | 65.45M | 77.61M | 93.71M |
| Common Stock | 10.00K | 10.00K | 11.00K | 11.00K | 11.00K | 11.00K |
| Additional Paid-In Capital | 97.16M | 97.83M | 98.03M | 110.80M | 111.87M | 111.87M |
| Retained Earnings | 2.56M | -2.68M | -4.67M | -14.27M | -50.51M | -63.03M |
| Total Common Equity | 99.73M | 95.16M | 93.38M | 96.54M | 61.37M | 48.85M |
| Minority Interest | 7.10M | 6.23M | 6.29M | 4.32M | ||
| Shareholders' Equity | 106.83M | 101.39M | 99.66M | 100.86M | 61.37M | 48.85M |
| Total Liabilities & Equity | 195.38M | 193.41M | 188.88M | 166.31M | 138.98M | 142.56M |
| Total Debt | 83.18M | 87.25M | 84.52M | 60.95M | 70.88M | 82.58M |
| Net Cash (Debt) | -25.03M | -33.69M | -46.28M | -6.41M | -63.31M | -76.39M |
| Net Cash Per Share | -2.42 | -3.23 | -4.40 | -0.51 | -5.01 | -8.49 |
| Filing Date Shares Outstanding | 10.24M | 10.28M | 10.49M | 10.50M | 10.75M | 10.61M |
| Total Common Shares Outstanding | 10.24M | 10.42M | 10.55M | 10.54M | 10.61M | 10.61M |
| Working Capital | 49.38M | 43.91M | 33.87M | 50.80M | 8.57M | -3.73M |
| Book Value Per Share | 9.74 | 9.13 | 8.85 | 9.16 | 5.78 | 4.60 |
| Tangible Book Value | 99.73M | 95.16M | 93.38M | 96.54M | 61.37M | 48.85M |
| Tangible Book Value Per Share | 9.74 | 9.13 | 8.85 | 9.16 | 5.78 | 4.60 |
| Machinery | 167.90M | 167.83M | 166.96M | 119.30M | 148.74M | 148.18M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 8.47M | 1.99M | 12.87M | 37.04M | 13.39M | -12.34M |
| Depreciation & Amortization | 7.58M | 7.57M | 6.90M | 5.50M | 6.10M | 4.90M |
| Other Amortization | 893.00K | 825.00K | 620.00K | 635.00K | 687.00K | 653.00K |
| Loss (Gain) From Sale of Assets | -25.12M | 2.39M | ||||
| Stock-Based Compensation | 121.00K | 263.00K | 62.00K | 171.00K | ||
| Provision & Write-off of Bad Debts | -22.00K | -22.00K | -38.00K | -78.00K | 118.00K | 11.00K |
| Other Operating Activities | 964.00K | -59.00K | -361.00K | 237.00K | -521.00K | 596.00K |
| Change in Accounts Receivable | -866.00K | 3.05M | -38.00K | 5.58M | -8.87M | -1.06M |
| Change in Inventory | 879.00K | 1.35M | -932.00K | 954.00K | -344.00K | -886.00K |
| Change in Accounts Payable | 126.00K | -633.00K | 538.00K | -1.09M | -227.00K | -618.00K |
| Change in Unearned Revenue | 132.00K | 486.00K | -1.06M | -960.00K | 2.13M | -726.00K |
| Change in Other Net Operating Assets | -2.72M | -1.23M | 285.00K | -1.42M | -4.19M | 6.19M |
| Operating Cash Flow | 15.56M | 13.61M | 18.85M | 21.44M | 8.27M | -896.00K |
| Capital Expenditures | -582.00K | -699.00K | -45.16M | -32.01M | -3.56M | -43.19M |
| Sale of Property, Plant & Equipment | 64.21M | 8.51M | ||||
| Investment in Securities | 14.00M | -1.00M | 3.00M | -20.00M | ||
| Other Investing Activities | 341.00K | 341.00K | ||||
| Investing Cash Flow | 13.76M | -1.36M | -42.16M | 12.21M | 4.95M | -43.19M |
| Long-Term Debt Issued | 33.35M | 31.00M | 34.50M | 59.50M | ||
| Long-Term Debt Repaid | -30.67M | -7.31M | -44.76M | -12.03M | -36.98M | |
| Net Debt Issued (Repaid) | 2.49M | 2.68M | 23.69M | -10.26M | -12.03M | 22.52M |
| Issuance of Common Stock | 25.20M | |||||
| Repurchase of Common Stock | -865.00K | -472.00K | -1.49M | -1.24M | -1.00K | |
| Preferred Dividends Paid | -587.00K | -797.00K | -871.00K | -537.00K | ||
| Common Dividends Paid | -7.49M | |||||
| Dividends Paid | -8.08M | -797.00K | -871.00K | -537.00K | ||
| Other Financing Activities | -236.00K | -144.00K | 5.52M | 4.80M | -10.00K | -3.43M |
| Financing Cash Flow | 1.39M | 2.06M | 9.57M | -7.50M | -12.91M | 49.93M |
| Net Cash Flow | 30.71M | 14.31M | -13.75M | 26.15M | 315.00K | 5.84M |
| Free Cash Flow | 14.98M | 12.91M | -26.32M | -10.57M | 4.72M | -44.09M |
| Free Cash Flow Margin | 35.37% | 33.11% | -51.06% | -23.24% | 8.09% | -173.99% |
| Free Cash Flow Per Share | 1.45 | 1.24 | -2.50 | -0.84 | 0.37 | -4.90 |
| Levered Free Cash Flow | 10.54M | 12.97M | -32.54M | -13.86M | 6.51M | -46.52M |
| Unlevered Free Cash Flow | 13.66M | 16.30M | -28.71M | -10.48M | 8.99M | -44.76M |
| Cash Interest Paid | 5.67M | 6.16M | 5.91M | 5.63M | 3.91M | 2.93M |
| Change in Working Capital | -2.44M | 3.03M | -1.21M | 3.06M | -11.50M | 2.90M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 66.66M | 29.47M | 41.81M | 44.56M | 51.16M | 20.38M |
| Enterprise Value | 91.69M | 71.52M | 92.33M | 93.42M | 119.24M | 72.54M |
| Last Close Price | 7.11 | 2.81 | 3.93 | 4.17 | 4.82 | 1.92 |
| PE Ratio | 7.98 | 14.78 | 4.34 | 1.23 | 4.09 | |
| Forward PE | 5.05 | 3.19 | 3.09 | 3.10 | 4.42 | 48.00 |
| PS Ratio | 1.72 | 0.76 | 0.81 | 0.98 | 0.88 | 0.80 |
| PB Ratio | 0.73 | 0.29 | 0.42 | 0.44 | 0.83 | 0.42 |
| P/TBV Ratio | 0.73 | 0.31 | 0.45 | 0.46 | 0.83 | 0.42 |
| P/FCF Ratio | 4.86 | 2.28 | 10.84 | |||
| P/OCF Ratio | 4.68 | 2.17 | 2.22 | 2.08 | 6.18 | |
| EV/Sales Ratio | 2.31 | 1.83 | 1.79 | 2.06 | 2.04 | 2.86 |
| EV/EBITDA Ratio | 4.76 | 5.30 | 3.91 | 4.20 | 4.99 | |
| EV/EBIT Ratio | 7.53 | 12.09 | 5.52 | 5.58 | 6.71 | |
| EV/FCF Ratio | 6.53 | 5.54 | 25.27 | |||
| Debt / Equity Ratio | 0.78 | 0.86 | 0.85 | 0.60 | 1.16 | 1.69 |
| Debt / EBITDA Ratio | 4.05 | 6.47 | 3.58 | 2.74 | 2.97 | |
| Debt / FCF Ratio | 5.55 | 6.76 | 15.02 | |||
| Net Debt / Equity Ratio | 0.23 | 0.33 | 0.46 | 0.06 | 1.03 | 1.56 |
| Net Debt / EBITDA Ratio | 1.22 | 2.50 | 1.96 | 0.29 | 2.65 | -62.36 |
| Net Debt / FCF Ratio | 1.67 | 2.61 | -1.76 | -0.61 | 13.42 | -1.73 |
| Asset Turnover | 0.22 | 0.20 | 0.29 | 0.30 | 0.41 | 0.21 |
| Inventory Turnover | 17.01 | 14.47 | 16.36 | 12.80 | 17.38 | 19.97 |
| Quick Ratio | 4.64 | 4.36 | 3.55 | 5.92 | 1.48 | 0.35 |
| Current Ratio | 4.72 | 4.45 | 3.76 | 6.04 | 1.68 | 0.84 |
| Return on Equity (ROE) | 9.20% | 1.93% | 12.47% | 45.41% | 24.30% | -31.47% |
| Return on Assets (ROA) | 4.25% | 1.93% | 5.89% | 6.86% | 7.89% | -3.25% |
| Return on Capital Employed (ROCE) | 7.10% | 3.30% | 9.50% | 10.70% | 14.10% | -5.10% |
| Earnings Yield | 12.54% | 6.77% | 30.78% | 83.11% | 26.18% | -60.54% |
| FCF Yield | 20.59% | 43.81% | -62.94% | -23.71% | 9.22% | -216.35% |
| Payout Ratio | 62.79% | 2.15% | 6.50% | |||
| Buyback Yield / Dilution | 1.29% | 0.97% | 16.38% | 0.43% | -40.53% | -66.97% |