NASDAQ · Consumer discretionary

OceanPal Inc. (SVRN)

OceanPal Inc. reported revenue of $25.7M in fiscal 2024, up 35.6% from a year earlier. It posted a net loss of $17.9M. In fiscal 2024 capital spending exceeded operating cash flow by $22.4M. At December 31, 2024 it held $7.2M in cash.

Revenue (FY2024)

$25.7M

+35.6% year on year

Net margin

-69.5%

What OceanPal Inc. does

OceanPal Inc. is registered with the SEC under industry code SIC 4412 (Deep Sea Foreign Transportation of Freight). Its shares trade on NASDAQ under the ticker SVRN.

Revenue and profit by year

Revenue

Net income

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal year	Revenue	Operating income	Net income	Diluted EPS	Free cash flow
2024	$25.7M	-$18M	-$17.9M	-$2.64	-$22.4M
2023	$19M	-$7.7M	-$2M	-$3.83	-$3.6M
2022	$19.1M	-$326K	-$326K	-$17.18	-$3.6M
2020	n/a	n/a	-$3.8M	n/a	-$4.2M
2019	n/a	n/a	-$1.9M	n/a	$1.4M

Full financial statements: income, balance sheet and cash flow

Where SVRN ranks in Consumer discretionary

Revenue$25.7M

#808 of 955 in Consumer discretionary · Bottom 15%

Revenue growth+35.6%

#68 of 887 in Consumer discretionary · Top 8%

Net margin-69.5%

#862 of 901 in Consumer discretionary · Bottom 4%

Free cash flow margin-87.3%

#782 of 796 in Consumer discretionary · Bottom 2%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Consumer discretionary

Dividends

OceanPal Inc. declared $10.00 per share in fiscal 2022. It paid out $3.1M in cash dividends.

Fiscal year	Per share	Paid out	Of profit
2022	$10.00	$3.1M	n/a

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What OceanPal Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

August 27, 2026
Foreign issuer update 6-K
August 4, 2026
Activist stake changed SCHEDULE 13D/A
August 4, 2026
Activist stake changed SCHEDULE 13D/A
August 4, 2026
Activist stake changed SCHEDULE 13D/A
August 3, 2026
Foreign issuer update 6-K
June 18, 2026
Foreign issuer update 6-K
May 22, 2026
Foreign issuer update 6-K
May 15, 2026
Foreign issuer update 6-K
May 13, 2026
Foreign issuer update 6-K
April 30, 2026
Form NT 20-F filing NT 20-F

Recent insider filings (Forms 3, 4 and 144): 10, the latest on August 4, 2026. Insider transactions on SEC

Insider trades

What the people running OceanPal Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)

last 90 days

Sold

last 90 days

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns SVRN

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

Holder	Of class	Shares	Filed
Blackdragon Ventures LLC13D, may seek influence with 2 related filers	10.4%	3,592,156	February 12, 2026

Latest filings below 5%: Semiramis Paliou 3.74% (August 4, 2026); Papatrifon Eleftherios 1.25% (August 4, 2026); Abra Marinvest Inc. 0% (August 4, 2026).

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

We have not read this company's Form 4 filings yet.

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about SVRN

What does OceanPal Inc. do?

OceanPal Inc. is registered with the SEC under industry code SIC 4412 (Deep Sea Foreign Transportation of Freight). Its shares trade on NASDAQ under the ticker SVRN.

Is OceanPal Inc. profitable?

No. In fiscal 2024 it reported a net loss of $17.9M on revenue of $25.7M.

How much revenue does OceanPal Inc. make?

In fiscal 2024 OceanPal Inc. reported revenue of $25.7M. That is 35.6% more than a year earlier.

When did OceanPal Inc. last report?

Its newest filing of any kind is the foreign issuer update from August 27, 2026.

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Where the numbers come from

Financial figures are the values OceanPal Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.