TORONasdaqDeep Sea Foreign Transportation of FreightUS GAAP · USD

Toro Corp

Toro Corp. is a Marshall Islands-incorporated shipping company with its principal executive office in Cyprus and shares listed on Nasdaq. It operates a fleet of oceangoing tankers and gas carriers that transport petrochemical gases and refined petroleum products in international trade.

Kysy yhtiöstä
Liikevaihto21,1milj. USD
−5,9 %v/v
Liikevoitto (EBIT)−4,6milj. USD
+16,3 %v/v
EBIT-marginaali−22,1%
+2,8 %-yks.v/v
Nettotulos5,9milj. USD
−76,5 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2021–2025

−50050100150milj. USD2021: 29 milj. USD2021: EBIT −0,73 milj. USD20212022: 112 milj. USD2022: EBIT 52 milj. USD20222023: 78 milj. USD2023: EBIT 137 milj. USD20232024: 22 milj. USD2024: EBIT −5,6 milj. USD20242025: 21 milj. USD2025: EBIT −4,6 milj. USD202521−4,6
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: Toro Corp

Liiketoiminta

Osuus liikevaihdosta
LPG carriers50 %

Ocean-going vessels that transport liquefied petroleum gas and related cargoes.

MR tankers50 %

Medium-range tanker vessels used for refined petroleum product transport.

Asiakkaat

Toro serves commodity shippers and charterers that need seaborne transport for energy cargoes. Its customers are typically producers, traders, and industrial counterparties moving LPG, petrochemical gases, and refined products on international routes.

Commodity producers

Producers of LPG and refined products that charter vessels to move cargo internationally.

Energy traders

Trading houses that book vessel capacity for arbitrage and supply-chain logistics.

Industrial gas and petrochemical counterparties

Buyers moving petrochemical gases and related feedstocks by sea.

Strategia

Toro’s strategy centers on operating a modern, internationally trading fleet that can serve both LPG and refined-product cargo markets. Vessel mix and financing flexibility matter because they determine chartering capability, route coverage, and the company’s ability to deploy capital across the fleet.

Fleet deployment optimizationKeskipitkä aikaväli

Improves utilization across LPG and tanker markets and supports commercial flexibility.

Capital structure and liquidity managementLyhyt aikaväli

Shipping is capital intensive and vessel financing supports fleet operations and growth.

Market diversification across cargo typesKeskipitkä aikaväli

Exposure to both gas and refined-product cargoes broadens commercial opportunities.

Maantiede

Toro’s commercial activity is global, with vessels transporting cargoes worldwide rather than being tied to one domestic market. The company is organized in the Marshall Islands, manages from Cyprus, and serves international energy trade routes across multiple ocean basins.

Riskit

Toro is exposed to shipping-cycle volatility, including changes in charter rates, vessel utilization, and cargo demand across LPG and refined-product markets. As a small fleet operator, it also faces concentration risk, financing and covenant sensitivity, regulatory and environmental compliance requirements, and operating risks inherent in ocean transport.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Shipping market volatility1Fleet concentration2Regulatory and environmental compliance3Financing and collateral risk4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Shipping market volatilityVaikutus: KorkeaTodennäköisyys: Korkea

    Revenue and deployment depend on charter rates and cargo demand in tanker and LPG markets.

    Kohdistuu: Fleet earnings

  2. Fleet concentrationVaikutus: KorkeaTodennäköisyys: Korkea

    A limited number of vessels increases the impact of downtime, dry-docking, or off-hire.

    Kohdistuu: Two LPG carriers and two MR tankers

  3. Regulatory and environmental complianceVaikutus: KeskitasoTodennäköisyys: Korkea

    Tankers and gas carriers face maritime safety, emissions, and pollution rules.

    Kohdistuu: International shipping operations

  4. Financing and collateral riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Vessel-secured borrowings can constrain liquidity and increase refinancing dependence.

    Kohdistuu: Mortgage-backed facility

Kysy Clarifolta: Toro Corp

Kirjanpito

Harkinnanvaraiset erät
Vessel depreciation

Fleet value is recognized over useful lives, affecting operating profit and book value.

Vaikutus: Depreciation and amortization is a recurring non-cash charge.

Dry-dock accounting

Dry-dock expenditures and timing can shift costs between periods.

Vaikutus: Can create quarterly volatility in operating expenses.

Charter revenue timing

Hire accruals and deferred revenue affect when shipping income is recognized.

Vaikutus: Impacts comparability across periods.

Fair value measurements

Equity securities and debt securities can create unrealized gains or losses.

Vaikutus: Can affect other income and net income.

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

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Päivitetty: 28.9.2026

Toro Corp (TORO) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo