Company Quick10K Filing
Diana Containerships
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 14 $9
20-F 2019-03-18 Annual: 2018-12-31
20-F 2018-03-16 Annual: 2017-12-31
20-F 2017-02-16 Annual: 2016-12-31
20-F 2016-03-21 Annual: 2015-12-31
20-F 2015-03-23 Annual: 2014-12-31
20-F 2014-03-26 Annual: 2013-12-31
20-F 2013-02-20 Annual: 2012-12-31
20-F 2012-02-23 Annual: 2011-12-31
20-F 2011-06-28 Annual: 2010-12-31

Diana Containerships Financials

DCIX Metrics, Comps, Filings

Annual | Quarterly

Business

Performance Shipping Inc. (formerly Diana Containerships Inc.) is a corporation incorporated under the laws of the Republic of the Marshall Islands on January 7, 2010. Each of the Company's vessels is owned by a separate wholly-owned subsidiary. Performance Shipping Inc. is the owner of all the issued and outstanding shares of the subsidiaries listed in Exhibit 8.1 to this annual report. We maintain our principal executive offices at Pendelis 18, 175 64 Palaio Faliro, Athens, Greece. Our telephone number at that address is +30 216 600 2400. Our agent and authorized representative in the United States is our wholly-owned subsidiary, Container Carriers (USA) LLC, established in July 2014, in the State of Delaware, which is located at 2711 Centerville Road, Suite 400, Wilmington, Delaware 19808. The SEC maintains an Internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the SEC. The address of the SEC's Internet site is http://www.sec.gov. The address of the Company's Internet site is http://www.pshipping.com/.

During 2016 and 2017, we effected six reverse stock splits of our common shares, each which was approved by our board of directors and by our shareholders:

· On June 9, 2016, we effected a one-for-eight reverse stock split, which our shareholders approved at our annual meeting of shareholders held on February 24, 2016;


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Pyxis Tankers (PXS) 22,324 0% 116,617 76,674 0 0 0 0 81,542
Top Ships (TOPS) 19,565 0% 258,488 154,207 0 0 0 0 164,251
Globus Maritime (GLBS) 9,692 0% 86,674 45,624 0 0 0 0 8,296
Diana Containerships (DCIX) 9,401 0% 100,086 4,510 0 0 0 0 -1,092
Euroseas (ESEA) 8,135 0% 66,955 44,377 0 0 0 0 32,415
Navios Maritime Holdings (NM) 3,468 0% 2,682,496 2,160,816 0 0 0 0 1,696,606
Nordic American Offshore (NAO) 3,212 0% 191,074 137,009 0 0 0 0 127,223
Seanergy Maritime (SHIP) 1,386 0% 267,562 246,259 0 0 0 0 192,549
Hermitage Offshore Services (PSV)
Castor Maritime (CTRM)
Carnival (CUK)
FLEX LNG (FLNG)
EuroDry (EDRY)
Scorpio Tankers (SBNA)
Grindrod Shipping Holdings (GRIN)
Navios Maritime Partners (NMM) 0% 1,314,133 537,380 0 0 0 0 457,596
TORM (TRMD) 0% 1,714,400 867,189 0 0 0 0 -127,000
Global Ship Lease (GSL) 0% 1,233,487 917,125 0 0 0 0 799,104
Hoegh LNG Partners (HMLP) 0% 1,023,040 502,603 0 0 0 0 394,790
Dynagas LNG Partners (DLNG) 0% 1,063,436 736,951 0 0 0 0 612,883

Balance Sheet ($'000)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash31,52619,68582,00329,3888,3166,44410,493
Accounts Receivable215534691753471428110
Inventory3,2061,9642,3073,7042,5811,667634
PP&E260,945284,108306,094384,549240,352201,30885,870
Assets337,045316,709409,263435,723266,531232,307100,086
Accounts Payable2,6721,7391,8072,7071,4711,7151,192
Long-Term Debt92,70098,70098,700142,678127,1290
Liabilities98,287152,244152,820196,549175,651101,5354,510
Stockholders' Equity238,758164,465256,443239,17490,880130,77295,576
Income Statement ($'000)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue74,33765,67870,74636,99223,80625,566
Cost of Revenue
Gross Profit
R&D
SG&A3,4685,0596,3066,1947,2418,3668,030
Tax
Net Income5,969-57,3463,238-17,531-149,0143,819-52,895
Cash Flow ($'000)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating31,34631,74025,48717,445-11,963-12,653-330
Cash Investing-149,960-81,663-51,636-111,75110,5746,66593,151
Cash Financing108,78638,08288,46741,691-19,6834,116-88,772