2020 Bulkers has been growing earnings at an average annual rate of 13.7%, while the Shipping industry saw earnings declining at 7.3% annually. Revenues have been growing at an average rate of 5.5% per year. 2020 Bulkers's return on equity is 62.8%, and it has net margins of 84.4%.
Key information
13.70%
Earnings growth rate
12.78%
EPS growth rate
Shipping Industry Growth
51.92%
Revenue growth rate
5.54%
Return on equity
62.77%
Net Margin
84.44%
Next Earnings Update
26 Aug 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How 2020 Bulkers makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
OTCPK:TTBK.F Revenue, expenses and earnings (USD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
217
183
5
0
31 Dec 25
65
30
4
0
30 Sep 25
57
21
4
0
30 Jun 25
58
23
4
0
31 Mar 25
83
48
4
0
31 Dec 24
114
76
4
0
30 Sep 24
125
86
4
0
30 Jun 24
121
80
4
0
31 Mar 24
99
53
4
0
31 Dec 23
71
26
3
0
30 Sep 23
62
18
4
0
30 Jun 23
66
20
4
0
31 Mar 23
72
27
5
0
31 Dec 22
76
32
4
0
30 Sep 22
96
52
4
0
30 Jun 22
108
66
4
0
31 Mar 22
114
71
3
0
31 Dec 21
114
71
3
0
30 Sep 21
91
48
4
0
30 Jun 21
76
31
4
0
31 Mar 21
58
17
4
0
31 Dec 20
49
11
4
0
30 Sep 20
41
9
4
0
30 Jun 20
28
5
4
0
31 Mar 20
17
1
4
0
31 Dec 19
9
0
5
0
30 Sep 19
2
-2
4
0
30 Jun 19
0
-3
3
0
31 Mar 19
0
-2
2
0
31 Dec 18
0
-1
1
0
Quality Earnings: TTBK.F has a high level of non-cash earnings.
Growing Profit Margin: TTBK.F's current net profit margins (84.4%) are higher than last year (57.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TTBK.F's earnings have grown by 13.7% per year over the past 5 years.
Accelerating Growth: TTBK.F's earnings growth over the past year (282.1%) exceeds its 5-year average (13.7% per year).
Earnings vs Industry: TTBK.F earnings growth over the past year (282.1%) exceeded the Shipping industry -14.9%.
Return on Equity
High ROE: TTBK.F's Return on Equity (62.8%) is considered outstanding.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/09 04:26
End of Day Share Price
2026/06/09 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
2020 Bulkers Ltd. is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.