Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 268

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 19
Chunk 268
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Other operating income

(422)

(1,464)

(265)

Operating income, total

$

58,778

$

85,712

$

142,697

OTHER INCOME/(EXPENSE)

Interest expense and finance costs (Note 13)

(47,468)

(49,331)

(27,419)

Interest and other income

8,369

8,170

2,737

Gain/(loss) on derivative instruments (Note 8)

274

(439)

-

Loss on extinguishment of debt (Note 8)

(3,475)

(748)

(435)

Gain on deconsolidation of subsidiary

-

844

-

Gain/(loss) on related party investments (Note 5(a))

(3,905)

1,502

589

Gain/(loss) on equity securities (Note 5(b))

(400)

2,813

-

Gain on warrants (Note 11(e))

719

1,583

-

Gain/(loss) from equity method investments (Note 4)

(146)

(262)

894

Total other expenses, net

$

(46,032)

$

(35,868)

$

(23,634)

Net income

$

12,746

$

49,844

$

119,063

Dividends on series B preferred shares (Notes 11(b) and 14)

(5,769)

(5,769)

(5,769)

Net income attributable to common stockholders

$

6,977

$

44,075

$

113,294

Earnings per common share, basic

(Note 14)

$

0.06

$

0.44

$

1.42

Earnings per common share, diluted

(Note 14)

$

0.05

$

0.42

$

1.36

Weighted average number of common shares outstanding,

basic

(Note 14)

115,956,249

100,166,629

80,061,040

Weighted average number of common shares outstanding,

diluted

(Note 14)

118,655,243

101,877,142

83,318,901

The accompanying notes are an integral part of these consolidated financial statements.

DIANA SHIPPING INC.

CONSOLIDATED STATEMENTS

OF COMPREHENSIVE INCOME

For the years ended December 31, 2024 and 2023 and 2022

(Expressed in thousands of U. S. Dollars)

2024

2023

202