Pangaea Logistics Solutions

Pangaea Logistics is a full service International Relocation and Logistics Company. We are a licensed NVOCC (Non Vessel Operating Common Carrier) company with Customs House Brokers offering our clients a vast selection of relocation and logistics services with competitive prices.
Our experience is your assurance - we can handle all aspects of packing, shipping and relocation so you can rest assure that it will be a stress and worry free experience.

Type
Public
HQ
Newport, US
Founded
2008
Size (employees)
2 (est)
Pangaea Logistics Solutions was founded in 2008 and is headquartered in Newport, US

Pangaea Logistics Solutions Office Locations

Pangaea Logistics Solutions has offices in Newport, Singapore, Hellerup, Rio de Janeiro and in 1 other location
Newport, US (HQ)
109 Long Wharf
Marousi, GR
90 Leof. Kifisias
Rio De Janeiro, BR
22290 Av. Brasil
Hellerup, DK
4 Tuborg Havnevej
Singapore, SG
24 Duxton Hill

Pangaea Logistics Solutions Data and Metrics

Pangaea Logistics Solutions Financial Metrics

Pangaea Logistics Solutions's revenue was reported to be $198.9 m in FY, 2016 which is a 4% increase from the previous period.
USD

Revenue (FY, 2016)

198.9 m

Revenue growth (FY, 2015 - FY, 2016), %

4%

Gross profit (FY, 2016)

172.6 m

Gross profit margin (FY, 2016), %

87%

Net income (FY, 2016)

48.1 m

EBIT (FY, 2016)

68.4 m

Market capitalization (20-Jul-2017)

104.4 m

Closing share price (20-Jul-2017)

2.7

Cash (31-Dec-2016)

139.4 m
Pangaea Logistics Solutions's current market capitalization is $104.4 m.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

30.5 m61.3 m83.2 m146.6 m191 m191 m198.9 m

Revenue growth, %

101%36%76%30%0%4%

Cost of goods sold

888 k3.7 m4.5 m28.9 m41.3 m63 m26.3 m

Gross profit

29.7 m57.6 m78.7 m117.8 m149.7 m128 m172.6 m

Gross profit Margin, %

97%94%95%80%78%67%87%

R&D expense

42.7 m

General and administrative expense

32.9 m

Operating expense total

108.4 m132.4 m158.8 m104.2 m

EBIT

38.2 m58.6 m32.3 m68.4 m

EBIT margin, %

26%31%17%34%

Interest expense

27 k50 k48 k47 k70 k54 k

Interest income

811 k837 k

Pre tax profit

39 m33.1 m68.6 m

Income tax expense

(134 k)(714 k)5.2 m(35 m)17.5 m18.4 m(20.5 m)

Net Income

74.1 m41.9 m14.7 m48.1 m
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

22.7 m111.8 m111.8 m85.9 m70.6 m45.4 m97.5 m139.4 m

Accounts Receivable

15.7 m22.1 m24.7 m25 m

Inventories

10.6 m37.1 m12.7 m17.3 m

Current Assets

327 m370.5 m447.7 m385.4 m

Goodwill

15.5 m

Total Assets

462.8 m489.8 m559.4 m627.6 m

Accounts Payable

5.3 m9.3 m6.8 m8.1 m

Current Liabilities

23.2 m26.8 m34.5 m40.2 m

Total Liabilities

99.1 m

Additional Paid-in Capital

572.4 m581.1 m589.9 m604.4 m

Retained Earnings

(130.2 m)(88.3 m)(73.6 m)(25.6 m)

Total Equity

466.8 m528.5 m

Financial Leverage

1.2 x1.2 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

74.1 m41.9 m14.7 m48.1 m

Depreciation and Amortization

13 m13.1 m14.1 m20.8 m

Accounts Receivable

(7 m)(6.4 m)(2.7 m)1.2 m

Inventories

424 k(27 m)(8.6 m)(4.5 m)

Accounts Payable

3.6 m3.1 m790 k4.4 m

Cash From Operating Activities

45 m47.3 m113.6 m80.3 m

Purchases of PP&E

(4.7 m)(6.2 m)(5.1 m)(7.3 m)

Cash From Investing Activities

(54.8 m)(42.3 m)(58.6 m)(38.5 m)

Cash From Financing Activities

(5.5 m)(30.1 m)(2.9 m)(14 k)
USDY, 2016

Revenue/Employee

99.4 m

Financial Leverage

1.2 x

Pangaea Logistics Solutions Market Value History

Pangaea Logistics Solutions Online and Social Media Presence

Pangaea Logistics Solutions Company Life and Culture

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