United Maritime Corp
USEAIndustrials·Marine Shipping·Greece·Nano·NASD·Nov 11 • 3:59 PM ET
2.46+0.06 (2.50%)
2026-11-12 02:32 CET
Market cap
23.48 USD m
Revenue, TTM
35.49 USD m
Net income, TTM
-1.80 USD m
Free cash flow, TTM
- USD m
EPS diluted, TTM
-0.20
P/E
-
Price
USEA against its 20, 50 and 200-day averages2050200beatearnings
23.1% under the 52-week high of 3.20 on 16 Sep 2026. 52-week low 1.42 on 14 Nov 2025. Last 15 sessions, 16.4% high to low
Volume 0.97× normal · the line is the 50-bar volume average
Profile
USEA52-week range, 58% of the way up
1.423.20
United Maritime Corp. is an international shipping company, which engages in specializing in worldwide seaborne transportation services. It owns Capesize dry bulk vessel. The company was founded by Stamatios N. Tsantanis on January 20, 2022 and is headquartered in Glyfada, Greece.
| Employees | 5 |
|---|---|
| IPO | Jul 06, 2022 |
| Beta | 0.91 |
| ATR, 14d | 0.11 |
| Rel volume | 0.97 |
| Short float | 19.00% |
| Insider own | 24.80% |
| Inst own | 6.88% |
Snapshot
6 groupsValuation
| Index | - |
|---|---|
| Market Cap | 23.47M |
| Enterprise Value | 106.36M |
| Income | -1.80M |
| Sales | 35.49M |
| Book/sh | 5.50 |
| Cash/sh | 1.27 |
| Dividend Est. | - |
| Dividend TTM | 0.39 (15.85%) |
| Dividend Ex-Date | Sep 25, 2026 |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 5 |
| IPO | Jul 06, 2022 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | 0.66 |
| P/B | 0.45 |
| P/C | 1.93 |
| P/FCF | - |
| EV/EBITDA | 8.98 |
| EV/Sales | 3.00 |
| Quick Ratio | 0.94 |
| Current Ratio | 0.96 |
| Debt/Eq | 1.80 |
| LT Debt/Eq | 1.47 |
| Option/Short | No / Yes |
Earnings
| EPS (ttm) | -0.20 |
|---|---|
| EPS next Y | - |
| EPS next Q | - |
| EPS this Y | - |
| EPS next Y | - |
| EPS next 5Y | - |
| EPS past 3/5Y | - - |
| Sales past 3/5Y | 18.37% 55.74% |
| EPS Y/Y TTM | 72.04% |
| Sales Y/Y TTM | -16.73% |
| EPS Q/Q | 0.19% |
| Sales Q/Q | -19.89% |
| Earnings | Nov 12 BMO |
| EPS/Sales Surpr. | 400.00% 1.96% |
Ownership
| Insider Own | 24.80% |
|---|---|
| Insider Trans | 1.07% |
| Inst Own | 6.88% |
| Inst Trans | -1.36% |
| ROA | -1.11% |
| ROE | -3.30% |
| ROIC | -1.39% |
| Gross Margin | 29.31% |
| Oper. Margin | 8.99% |
| Profit Margin | -5.08% |
| SMA20 | -0.43% |
| SMA50 | -8.76% |
| SMA200 | 1.77% |
| Trades | - |
Technical
| Shs Outstand | 9.54M |
|---|---|
| Shs Float | 7.18M |
| Short Float | 19.00% |
| Short Ratio | 13.45 |
| Short Interest | 1.36M |
| 52W High | 3.20 -23.12% |
| 52W Low | 1.42 73.61% |
| Volatility | 4.59% 4.06% |
| ATR (14) | 0.11 |
| RSI (14) | 45.32 |
| Beta | 0.91 |
| Rel Volume | 0.97 |
| Avg Volume | 101.46K |
| Volume | 98,106 |
Performance
| Perf Week | -1.60% |
|---|---|
| Perf Month | -7.87% |
| Perf Quarter | -8.89% |
| Perf Half Y | 7.89% |
| Perf YTD | 44.71% |
| Perf Year | 53.75% |
| Perf 3Y | 18.27% |
| Perf 5Y | - |
| Perf 10Y | - |
| Recom | 1.00 |
| Target Price | 4.00 |
| Prev Close | 2.40 |
| Price | 2.46 |
| Change % | 2.50% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| SHIP | Seanergy Maritime Holdings Corp | 334.12M |
| EDRY | EuroDry Ltd | 113.26M |
| GLBS | Globus Maritime Ltd | 64.53M |
| HSHP | Himalaya Shipping Ltd | 775.95M |
| DSX | Diana Shipping Inc | 297.35M |
| SB | Safe Bulkers Inc | 892.46M |
| CMDB | Costamare Bulkers Holdings Ltd | 480.93M |
| GNK | Genco Shipping & Trading Limited | 1.14B |
| SBLK | Star Bulk Carriers Corp | 3.14B |
| CTRM | Castor Maritime Inc | 12.85M |
Insider trading
5 filings| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| Gyftakis Stavros | See Remarks | Oct 05 '26 | Sale | 2.69 | 5,000 | 13,451 | 241,678 | Oct 07 04:15 PM |
| Kostopoulos Dimitrios | Director | Jul 31 '26 | Buy | 2.74 | 15,000 | 41,100 | 335,000 | Aug 04 05:47 PM |
| Gyftakis Stavros | See Remarks | Jul 13 '26 | Sale | 2.64 | 5,000 | 13,200 | 246,678 | Jul 15 04:05 PM |
| Kostopoulos Dimitrios | Director | May 22 '26 | Buy | 2.40 | 20,000 | 48,000 | 320,000 | May 26 05:01 PM |
| Gyftakis Stavros | See Remarks | Apr 06 '26 | Sale | 2.08 | 5,000 | 10,397 | 251,678 | Apr 08 05:06 PM |
News
latest 14 of 156- United Maritime Announces the Date for the Third Quarter and Nine Months Ended September 30, 2026, Financial Results (GlobeNewswire)
- United Maritime Corp's Dividend Analysis (GuruFocus.com) -10.23%
- United Maritime Corp (USEA) (Q2 2026) Earnings Call Highlights: Strategic Fleet Shift Drives ... (GuruFocus.com) +7.14%
- United Maritime Reports Second Quarter and First Half 2026 Financial Results (GlobeNewswire)
- United Maritime Announces the Date for the Second Quarter and Six Months Ended June 30, 2026, Financial Results, Conference Call and Webcast (GlobeNewswire)
- United Maritime Reports Improved First Quarter 2026 Financial Results and Declares Quarterly Cash Dividend of $0.10 Per Share (GlobeNewswire)
- United Maritime Announces the Date for the First Quarter Ended March 31, 2026, Financial Results (GlobeNewswire)
- United Maritime Announces Availability of its 2025 Annual Report on Form 20-F (GlobeNewswire)
- United Maritime Corp (USEA) Q4 2025 Earnings Call Highlights: Navigating Challenges and ... (GuruFocus.com)
- United Maritime Reports Fourth Quarter and Full-Year 2025 Financial Results (GlobeNewswire)
- United Maritime Announces the Date for the Fourth Quarter and Year Ended December 31, 2025, Financial Results, Conference Call and Webcast (GlobeNewswire)
- United Maritime Executes Value-Accretive Transactions, Generating Significant Liquidity and Investment in Capesize Sector (GlobeNewswire)
- United Maritime Reports Third Quarter and Nine Months Financial Results for the Periods Ended September 30, 2025 (GlobeNewswire)
- United Maritime Announces the Date for the Third Quarter and Nine Months Ended September 30, 2025, Financial Results (GlobeNewswire)
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q3 | 2026-11-12 | - | 0.260 | - | - | 10.90 | 1 |
| 2026Q2 | 2026-07-30 | 0.150 | 0.030 | 0.110 | 9.99 | 9.80 | 1 |
| 2026Q1 | 2026-05-21 | 0.020 | -0.120 | -0.013 | 7.95 | 8.10 | 1 |
| 2025Q4 | 2026-03-12 | -0.170 | -0.040 | -0.422 | 6.59 | 8.70 | 1 |
| 2025Q3 | 2025-11-11 | 0.180 | -0.150 | 0.122 | 10.97 | 9.90 | 1 |
| 2025Q2 | 2025-08-06 | 0.020 | -0.140 | 0.108 | 12.47 | 10.70 | 1 |
| 2025Q1 | 2025-05-22 | -0.500 | -0.530 | -0.516 | 7.75 | 8.00 | 1 |
| 2024Q4 | 2025-03-18 | -0.080 | -0.410 | -0.210 | 10.80 | 9.50 | 1 |
| 2024Q3 | 2024-11-26 | -0.030 | -0.120 | -0.102 | 11.57 | 11.40 | 1 |
| 2024Q2 | 2024-08-06 | 0.090 | 0.170 | 0.069 | 12.40 | 12.10 | 1 |
| 2024Q1 | 2024-05-29 | -0.150 | - | -0.154 | 10.60 | - | - |
| 2026Q4 | - | - | 0.070 | - | - | 9.70 | 1 |
| 2027Q1 | - | - | -0.010 | - | - | 9.10 | 1 |
| 2027Q2 | - | - | -0.010 | - | - | 9.30 | 1 |
| 2027Q3 | - | - | -0.050 | - | - | 9.40 | 1 |
| 2027Q4 | - | - | -0.090 | - | - | 9.50 | 1 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2024FY | -0.140 | -0.580 | -0.388 | 45.40 | 44.10 |
| 2025FY | -0.460 | -0.320 | -0.700 | 37.79 | 39.80 |
| 2026FY | - | 0.440 | - | - | 38.60 |
| 2027FY | - | 0.120 | - | - | 36.50 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q3 | S | 2026-10-13 | 1 | 0 | 0 | 10.90 | 10.90 | 10.90 |
| 2026Q3 | S | 2026-07-30 | 1 | 0 | 1 | 10.90 | 10.90 | 10.90 |
| 2026Q3 | S | 2026-07-28 | 1 | 1 | 0 | 11.60 | 11.60 | 11.60 |
| 2026Q3 | S | 2026-05-26 | 1 | 0 | 0 | 11.50 | 11.50 | 11.50 |
| 2026Q3 | S | 2026-05-22 | 1 | 1 | 0 | 11.50 | 11.50 | 11.50 |
| 2026Q3 | S | 2026-05-21 | 1 | 1 | 0 | 11.47 | 11.47 | 11.47 |
| 2026Q3 | S | 2026-03-12 | 1 | 1 | 0 | 11.50 | 11.50 | 11.50 |
| 2026Q3 | S | 2026-02-27 | 1 | 0 | 0 | 9.80 | 9.80 | 9.80 |
| 2026Q3 | S | 2026-02-23 | 1 | 1 | 0 | 9.80 | 9.80 | 9.80 |
| 2026Q3 | S | 2026-02-20 | 1 | 1 | 0 | 9.77 | 9.77 | 9.77 |
| 2026Q3 | S | 2025-11-11 | 1 | 0 | 0 | 8.30 | 8.30 | 8.30 |
| 2026Q3 | S | 2025-11-10 | 1 | 0 | 0 | 8.30 | 8.30 | 8.30 |
| 2026Q3 | S | 2025-11-09 | 1 | 0 | 0 | 8.30 | 8.30 | 8.30 |
| 2026Q3 | S | 2025-11-08 | 1 | 0 | 0 | 8.30 | 8.30 | 8.30 |
Estimate history
| EPS, annual | -0.022 | 0.089 | 0.176 | 4.923 | 0.015 | -0.388 | -0.698 | -0.2049 | |
|---|---|---|---|---|---|---|---|---|---|
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | |
| EPS, quarterly | 0.069 | -0.102 | -0.21 | -0.516 | 0.108 | 0.122 | -0.422 | -0.013 | 0.108 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
| Sales, annual | 6.885 | 4.124 | 7.395 | 22.784 | 36.067 | 45.439 | 37.785 | 35.49 | |
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | |
| Sales, quarterly | 12.443 | 11.566 | 10.832 | 7.754 | 12.473 | 10.966 | 6.592 | 7.945 | 9.992 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
| Shares, annual | 12.308 | 12.308 | 12.308 | 8.18 | 8.695 | 8.844 | 9.084 | 9.538 | |
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | MRQ | |
| Shares, quarterly | 9.012 | 9.012 | 8.844 | 8.844 | 9.204 | 9.142 | 9.084 | 9.084 | 9.538 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 35.49 | 37.78 | 45.44 | 36.07 | 22.78 | 7.40 | 4.12 | 6.88 |
| Cost of Goods Sold Incl. D&A | 25.09 | 31.54 | 34.95 | 32.81 | 12.33 | 3.55 | 3.21 | 5.75 |
| Gross Profit | 10.40 | 6.25 | 10.49 | 3.26 | 10.46 | 3.85 | 0.92 | 1.14 |
| Selling, General and Administrative Excl. Other | 7.21 | 6.33 | 6.27 | 7.98 | 6.05 | 0.61 | 0.30 | 0.31 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.32 | 0.32 | 0.24 |
| Operating Income | 3.19 | -0.09 | 4.22 | -4.72 | 4.41 | 2.92 | 0.30 | 0.59 |
| Interest Expense | 5.21 | 6.42 | 8.42 | 7.18 | 2.45 | 0.74 | 0.71 | 0.87 |
| Unusual Expense | 2.66 | 2.78 | 1.23 | 0.09 | 0.59 | 0.00 | -1.49 | 0.00 |
| Net Income Before Taxes | -1.69 | -6.21 | -3.38 | 0.22 | 37.49 | 2.17 | 1.09 | -0.28 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -1.69 | -6.21 | -3.38 | 0.22 | 37.49 | 2.17 | 1.09 | -0.28 |
| Net Income From Continuing Operations | -1.80 | -6.19 | -3.38 | 0.22 | 37.49 | 2.17 | 1.09 | -0.28 |
| Net Income | -1.80 | -6.19 | -3.38 | 0.13 | 35.09 | 2.17 | 1.09 | -0.28 |
| EPS (Recurring) | 0.01 | -0.48 | -0.29 | 0.02 | 4.98 | 0.18 | 0.00 | -0.02 |
| EPS (Basic, Before Extraordinaries) | -0.20 | -0.70 | -0.39 | 0.02 | 7.79 | 0.18 | 0.09 | -0.02 |
| EPS (Diluted) | -0.20 | -0.70 | -0.39 | 0.02 | 4.92 | 0.18 | 0.09 | -0.02 |
| EBITDA | 11.85 | 10.73 | 17.65 | 4.64 | 6.31 | 3.67 | 1.06 | 1.35 |
| Non-Operating Income (Expense) | 2.99 | 3.08 | 2.04 | 12.21 | 36.13 | -0.00 | 0.01 | 0.00 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 0.77 | 0.48 | 0.78 | 1.99 | 2.18 | - | - | - |
| Price To Earnings Ratio | - | - | - | 0.51 | - | - | - | - |
| Price To Sales Ratio | 0.70 | 0.40 | 0.33 | 0.57 | 1.41 | - | - | - |
| Gross Margin | 29.31 | 16.54 | 23.09 | 9.04 | 45.90 | 51.99 | 22.28 | 16.55 |
| Operating Margin | 8.99 | -0.23 | 9.29 | -13.10 | 19.34 | 39.42 | 7.30 | 8.57 |
| Net Margin | -5.08 | -16.38 | -7.45 | 0.35 | 153.99 | 29.35 | 26.46 | -4.00 |
| Shares Outstanding | 9.54 | 9.08 | 8.84 | 8.69 | 8.18 | 12.31 | 12.31 | 12.31 |
| Market Capitalization | 23.48 | 23.48 | 15.30 | 21.96 | 28.79 | 28.79 | - | - |
Income statement, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 | 2024Q3 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 9.99 | 7.95 | 6.59 | 10.97 | 12.47 | 7.75 | 10.83 | 11.57 |
| Cost of Goods Sold Incl. D&A | 6.08 | 5.53 | 5.19 | 8.29 | 9.06 | 8.99 | 8.67 | 9.16 |
| Gross Profit | 3.91 | 2.42 | 1.40 | 2.67 | 3.41 | -1.24 | 2.16 | 2.41 |
| Selling, General and Administrative Excl. Other | 2.04 | 1.45 | 2.05 | 1.67 | 1.37 | 1.24 | 1.32 | 2.29 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | 1.88 | 0.97 | -0.66 | 1.00 | 2.05 | -2.48 | 0.84 | 0.12 |
| Interest Expense | 1.31 | 1.21 | 1.19 | 1.49 | 1.81 | 1.93 | 2.17 | 1.97 |
| Unusual Expense | 0.11 | 0.00 | 2.14 | 0.41 | 0.23 | 0.00 | 0.83 | 0.38 |
| Net Income Before Taxes | 1.16 | -0.14 | -3.77 | 1.07 | 0.98 | -4.49 | -1.82 | -0.89 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | 1.16 | -0.14 | -3.77 | 1.07 | 0.98 | -4.49 | -1.82 | -0.89 |
| Net Income From Continuing Operations | 1.02 | -0.14 | -3.78 | 1.09 | 0.96 | -4.49 | -1.82 | -0.89 |
| Net Income | 1.02 | -0.14 | -3.78 | 1.09 | 0.96 | -4.49 | -1.82 | -0.89 |
| EPS (Recurring) | 0.12 | -0.02 | -0.25 | 0.15 | 0.13 | -0.52 | -0.14 | -0.07 |
| EPS (Basic, Before Extraordinaries) | 0.11 | -0.01 | -0.42 | 0.12 | 0.11 | -0.52 | -0.21 | -0.10 |
| EPS (Diluted) | 0.11 | -0.01 | -0.42 | 0.12 | 0.11 | -0.52 | -0.21 | -0.10 |
| EBITDA | 4.29 | 2.83 | 1.34 | 3.38 | 5.17 | 0.83 | 4.56 | 3.62 |
| Non-Operating Income (Expense) | 0.71 | 0.11 | 0.21 | 1.97 | 0.97 | -0.08 | 0.33 | 1.33 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 0.24 | 0.35 | 0.06 | 0.12 | 0.21 | 0.10 | 0.11 | 0.24 |
| Price To Earnings Ratio | - | - | - | - | - | - | - | 3.48 |
| Price To Sales Ratio | 0.70 | 0.48 | 0.40 | 0.35 | 0.31 | 0.28 | 0.33 | 0.49 |
| Gross Margin | 39.17 | 30.40 | 21.22 | 24.38 | 27.37 | -15.98 | 19.92 | 20.83 |
| Operating Margin | 18.81 | 12.16 | -9.94 | 9.13 | 16.42 | -31.98 | 7.76 | 1.06 |
| Net Margin | 10.24 | -1.75 | -57.28 | 9.93 | 7.71 | -57.84 | -16.81 | -7.73 |
| Shares Outstanding | 9.54 | 9.08 | 9.08 | 9.14 | 9.20 | 8.84 | 8.84 | 9.01 |
| Market Capitalization | 23.48 | 18.53 | 15.59 | 15.10 | 13.53 | 12.03 | 15.30 | 23.39 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY |
|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 14.56 | 6.41 | 13.80 | 54.73 | 0.77 | 0.41 | - |
| Short Term Receivables | 1.81 | 1.44 | 0.25 | 0.78 | 0.07 | 0.00 | - |
| Inventories | 0.36 | 0.65 | 0.66 | 0.11 | 0.10 | 0.05 | - |
| Other Current Assets | 16.36 | 15.82 | 4.37 | 4.20 | 0.06 | 0.05 | - |
| Total Current Assets | 33.09 | 24.32 | 19.09 | 59.81 | 0.99 | 0.51 | - |
| Net Property, Plant & Equipment | 85.14 | 138.15 | 152.53 | 50.20 | 12.28 | 13.04 | - |
| Total Investments and Advances | 17.70 | 3.94 | 0.70 | 15.20 | 0.00 | 0.00 | - |
| Other Assets | 2.75 | 5.66 | 2.49 | 0.44 | 0.16 | 0.40 | - |
| Total Assets | 138.68 | 172.07 | 174.81 | 125.66 | 13.43 | 13.94 | - |
| Short Term Debt Incl. Current Port. of LT Debt | 31.27 | 19.68 | 40.11 | 7.47 | 1.18 | 0.70 | - |
| Accounts Payable | 2.40 | 1.82 | 3.31 | 3.02 | 0.27 | 0.12 | - |
| Other Current Liabilities | 14.97 | 12.01 | 9.67 | 14.72 | 0.64 | 0.33 | - |
| Total Current Liabilities | 48.64 | 33.52 | 53.09 | 25.22 | 2.08 | 1.15 | - |
| Long Term Debt | 33.57 | 78.04 | 55.84 | 35.13 | 4.20 | 5.38 | - |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Other Liabilities | 0.00 | 0.43 | 0.00 | 0.74 | 0.10 | 0.10 | - |
| Total Liabilities | 82.22 | 111.99 | 108.94 | 61.09 | 6.39 | 6.63 | - |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Common Equity | 52.92 | 60.09 | 65.87 | 64.57 | 7.04 | 7.31 | - |
| Total Shareholders Equity | 52.92 | 60.09 | 65.87 | 64.57 | 7.04 | 7.31 | - |
| Accumulated Minority Interest | 3.55 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Total Equity | 56.47 | 60.09 | 65.87 | 64.57 | 7.04 | 7.31 | - |
| Total Liabilities & Stockholders Equity | 138.68 | 172.07 | 174.81 | 125.66 | 13.43 | 13.94 | - |
| Book Value Per Share | 5.83 | 6.79 | 7.58 | 7.89 | 0.57 | 0.59 | - |
| Tangible Book Value Per Share | 5.83 | 6.79 | 7.58 | 7.89 | 0.57 | 0.59 | - |
| Full-Time Employees | 5 | 5 | 4 | - | - | - | - |
| Price to Book Ratio | 0.45 | 0.25 | 0.33 | 6.03 | 6.03 | - | - |
| Return on Assets | -3.98 | -1.95 | 0.15 | 53.91 | 15.86 | - | - |
| Return on Equity | -10.95 | -5.37 | 0.34 | 104.71 | 30.24 | - | - |
| Return on Invested Capital | -7.15 | -2.45 | 0.18 | 37.60 | 19.30 | 8.60 | - |
| Quick Ratio | 0.67 | 0.71 | 0.35 | 2.37 | 0.43 | 0.39 | - |
| Current Ratio | 0.68 | 0.73 | 0.36 | 2.37 | 0.48 | 0.44 | - |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY |
|---|---|---|---|---|---|---|---|---|
| Net Income | - | -6.21 | -3.38 | 0.22 | 37.49 | 2.17 | 1.09 | -0.28 |
| Depreciation | - | 10.82 | 13.43 | 9.36 | 1.90 | 0.76 | 0.76 | 0.76 |
| Other Funds (Non Cash) | - | 0.68 | 1.20 | -8.43 | -32.20 | 0.42 | -1.08 | 0.31 |
| Funds from Operations | - | 5.29 | 11.25 | 1.15 | 7.19 | 3.34 | 0.77 | 0.79 |
| Extraordinary Item | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | - | -3.07 | -7.98 | -7.38 | 0.68 | 0.31 | -1.22 | -0.17 |
| Cash from Operating Activities | 6.27 | 2.21 | 3.26 | -6.23 | 7.88 | 3.66 | -0.44 | 0.62 |
| Capital Expenditures | 0.00 | -0.76 | -0.25 | -81.75 | -93.52 | -0.06 | -0.01 | -0.01 |
| Net Assets From Acquisitions | - | -4.15 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 50.65 | 50.52 | 20.22 | 37.50 | 100.01 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | - | -5.16 | -3.73 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase of Investments | - | -5.16 | -3.73 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Uses | - | 0.00 | -8.29 | -14.89 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | 43.69 | 40.45 | 7.95 | -59.14 | 6.49 | -0.06 | -0.01 | -0.01 |
| Cash Dividends Paid | - | -1.12 | -2.64 | -9.36 | -0.24 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | -0.23 | -0.20 | -0.47 | 1.21 | 18.47 | 0.00 | 0.00 | 0.00 |
| Repurchase of Common Pref Stock | -0.23 | -0.20 | -0.47 | -0.67 | -16.50 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.00 | 0.00 | 0.00 | 1.88 | 34.97 | 0.00 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 0.00 | 0.00 | 34.97 | 0.00 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | - | -33.74 | 13.47 | 22.64 | 38.25 | -0.80 | -2.69 | -1.84 |
| Change in Long Term Debt | - | -33.74 | 13.47 | 22.64 | 38.25 | -0.80 | -2.69 | -1.84 |
| Issuance of Long Term Debt | - | 2.00 | 47.15 | 54.50 | 73.00 | 0.00 | 6.50 | 0.00 |
| Reduction of Long Term Debt | - | -35.74 | -33.68 | -31.86 | -34.75 | -0.80 | -9.19 | -1.84 |
| Net Financing Active Other Cash Flow | -5.89 | 0.20 | 2.79 | -1.80 | -0.91 | -2.44 | 1.96 | 2.82 |
| Other Financing Activities Uses | -3.85 | -0.02 | -1.62 | -1.80 | -0.91 | -2.44 | 0.00 | 0.00 |
| Cash from Financing Activities | -40.80 | -34.86 | -18.95 | 9.94 | 55.57 | -3.24 | -0.73 | 0.98 |
| Net Change in Cash | 9.07 | 7.80 | -7.74 | -55.43 | 69.93 | 0.36 | -1.19 | 1.59 |
| Free Cash Flow | - | 1.46 | 3.02 | -87.98 | -85.64 | 3.60 | -0.46 | 0.61 |
| Preferred Dividends (Cash Flow) | - | 0.00 | 0.00 | 0.00 | -0.24 | 0.00 | 0.00 | 0.00 |
| Price to Free Cash Flow | - | 44.86 | 40.52 | - | - | - | - | - |
| Deferred Taxes & Investment Tax Credit | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance sheet, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 12.14 | 10.13 | 14.56 | 19.77 | 3.10 | 3.39 |
| Short Term Receivables | 2.04 | 0.00 | 1.81 | 3.04 | 1.30 | 0.00 |
| Inventories | 0.53 | 0.00 | 0.36 | 0.40 | 1.25 | 0.00 |
| Other Current Assets | 16.15 | 0.00 | 16.36 | 1.43 | 18.59 | 0.00 |
| Total Current Assets | 30.86 | 10.13 | 33.09 | 24.63 | 24.24 | 3.39 |
| Net Property, Plant & Equipment | 128.45 | 130.22 | 85.14 | 102.79 | 118.54 | 151.33 |
| Total Investments and Advances | 0.00 | 0.00 | 17.70 | 12.92 | 12.93 | 0.00 |
| Other Assets | 3.67 | 25.12 | 2.75 | 3.86 | 5.04 | 14.66 |
| Total Assets | 162.99 | 165.48 | 138.68 | 144.20 | 161.08 | 169.38 |
| Short Term Debt Incl. Current Port. of LT Debt | 17.25 | 0.00 | 31.27 | 23.85 | 33.32 | 0.00 |
| Accounts Payable | 2.30 | 0.00 | 2.40 | 2.69 | 4.11 | 0.00 |
| Other Current Liabilities | 12.76 | 0.00 | 14.97 | 13.48 | 12.34 | 0.00 |
| Total Current Liabilities | 32.30 | 0.00 | 48.64 | 40.02 | 49.77 | 0.00 |
| Long Term Debt | 76.98 | 89.72 | 33.57 | 43.10 | 50.51 | 94.48 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 0.44 | 20.21 | 0.00 | 0.00 | 0.52 | 19.27 |
| Total Liabilities | 109.72 | 109.93 | 82.22 | 83.12 | 100.81 | 113.75 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 52.46 | 55.55 | 52.92 | 57.55 | 56.73 | 55.62 |
| Total Shareholders Equity | 52.46 | 55.55 | 52.92 | 57.55 | 56.73 | 55.62 |
| Accumulated Minority Interest | 0.81 | 0.00 | 3.55 | 3.53 | 3.55 | 0.00 |
| Total Equity | 53.27 | 55.55 | 56.47 | 61.07 | 60.27 | 55.62 |
| Total Liabilities & Stockholders Equity | 162.99 | 165.48 | 138.68 | 144.20 | 161.08 | 169.38 |
| Book Value Per Share | 5.50 | 6.12 | 5.83 | 6.30 | 6.16 | 6.29 |
| Tangible Book Value Per Share | 5.50 | 6.12 | 5.83 | 6.30 | 6.16 | 6.29 |
| Full-Time Employees | - | - | 5 | - | - | - |
| Price to Book Ratio | 0.45 | 0.32 | 0.27 | 0.27 | 0.23 | 0.20 |
| Return on Assets | -1.11 | -1.11 | -4.00 | -2.63 | -3.75 | -3.77 |
| Return on Equity | -3.30 | -3.35 | -10.99 | -7.09 | -10.32 | -10.92 |
| Return on Invested Capital | 0.79 | -0.10 | -4.37 | 1.08 | 0.90 | -2.99 |
| Quick Ratio | 0.94 | - | 0.67 | 0.61 | 0.46 | - |
| Current Ratio | 0.96 | - | 0.68 | 0.62 | 0.49 | - |
Cash flow, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Extraordinary Item | - | - | - | - | 0.00 | 0.00 |
| Cash from Operating Activities | 2.30 | 2.10 | 2.33 | -0.46 | -0.73 | 1.15 |
| Capital Expenditures | 0.00 | 0.00 | -0.14 | 0.01 | 0.00 | 0.00 |
| Net Assets From Acquisitions | - | - | 0.06 | -0.03 | - | - |
| Sale of Fixed Assets and Businesses | 15.15 | 0.00 | -0.72 | 36.22 | 16.60 | 0.00 |
| Purchase or Sale of Investments | - | - | -5.32 | 0.00 | - | - |
| Purchase of Investments | - | - | -5.32 | 0.00 | - | - |
| Sale Or Maturity of Investments | - | - | 0.00 | 0.00 | - | - |
| Other Uses | - | - | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | 18.09 | -4.48 | -6.12 | 36.20 | 12.00 | -0.36 |
| Cash Dividends Paid | - | - | -0.27 | -0.10 | -0.78 | 0.00 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | -0.02 | 0.00 | -0.10 | -0.11 | 0.00 | 0.00 |
| Repurchase of Common Pref Stock | -0.02 | 0.00 | -0.10 | -0.11 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | - | - | -3.38 | -17.56 | -13.86 | 0.00 |
| Change in Long Term Debt | - | - | -3.38 | -17.56 | -13.86 | 0.00 |
| Issuance of Long Term Debt | - | - | -0.03 | 2.09 | 0.00 | 0.00 |
| Reduction of Long Term Debt | - | - | -3.35 | -19.65 | -13.86 | 0.00 |
| Net Financing Active Other Cash Flow | -5.92 | 0.00 | 0.04 | -0.01 | 0.17 | 0.00 |
| Other Financing Activities Uses | -5.92 | 0.00 | 0.00 | 2.08 | -2.10 | 0.00 |
| Cash from Financing Activities | -18.27 | -2.07 | -2.13 | -18.33 | -11.34 | -4.16 |
| Net Change in Cash | 2.03 | -4.45 | -5.93 | 17.41 | -0.07 | -3.37 |
| Free Cash Flow | - | - | 2.19 | -0.45 | - | - |
Revenue breakdown
| Total Water Transportation revenue | 2024: 45.44M 2025: 37.79M |
|---|---|
| Greece | 2024: 45.44M 2025: 37.79M |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 19.00% | 1.4M | 7.2M | 101.81K |
| 2026-10-15 | 19.02% | 1.4M | 7.2M | 101.80K |
| 2026-09-30 | 19.47% | 1.4M | 7.2M | 88.37K |
| 2026-09-15 | 18.61% | 1.3M | 7.2M | 74.07K |
| 2026-08-31 | 13.19% | 0.9M | 7.2M | 57.21K |
| 2026-08-14 | 12.55% | 0.9M | 7.2M | 61.74K |
| 2026-07-31 | 12.11% | 0.9M | 7.2M | 62.88K |
| 2026-07-15 | 12.69% | 0.9M | 7.2M | 58.77K |
| 2026-06-30 | 12.20% | 0.9M | 7.2M | 57.21K |
| 2026-06-15 | 11.24% | 0.8M | 7.2M | 61.09K |
| 2026-05-29 | 9.99% | 0.7M | 7.2M | 77.10K |
| 2026-05-15 | 7.93% | 0.6M | 7.2M | 81.65K |
| 2026-04-30 | 7.95% | 0.6M | 7.1M | 84.14K |
| 2026-04-15 | 8.05% | 0.6M | 7.1M | 85.29K |
| 2026-03-31 | 7.69% | 0.6M | 7.2M | 85.97K |
| 2026-03-13 | 7.73% | 0.6M | 7.2M | 84.24K |
| 2026-02-27 | 7.52% | 0.5M | 7.2M | 70.03K |
| 2026-02-13 | 7.35% | 0.5M | 7.2M | 61.69K |
| 2026-01-30 | 7.14% | 0.5M | 7.2M | 60.65K |
| 2026-01-15 | 7.12% | 0.5M | 7.2M | 58.13K |
Option chain
expiry 2026-11-11| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| No option chain for this symbol. | ||||||||||
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-11-06 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-11-06 | SEC |
| 2026-10-07 | 4 | Statement of changes in beneficial ownership of securities | 2026-10-05 | SEC |
| 2026-10-02 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-10-02 | SEC |
| 2026-08-07 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-06-30 | SEC |
| 2026-08-04 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-31 | SEC |
| 2026-07-24 | EFFECT | Effectiveness filing by commission order | SEC | |
| 2026-07-15 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-13 | SEC |
| 2026-07-13 | F-3 | Registration statement for specified transactions by certain foreign private issuers | SEC | |
| 2026-05-26 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-22 | SEC |
| 2026-05-22 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-05-22 | SEC |
| 2026-04-09 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-04-09 | SEC |
| 2026-04-08 | 20-F | Registration statement under Section 12 of the Securities Exchange Act of 1934 or an annual or transition report filed under Section 13(a) or 15(d) of the Exchange Act for a foreign private issuer. | 2025-12-31 | SEC |
| 2026-04-08 | 4 | Statement of changes in beneficial ownership of securities | 2026-04-06 | SEC |
| 2026-04-08 | SCHEDULE 13D/A | SEC | ||
| 2026-03-18 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-03-18 | SEC |
| 2026-03-18 | 3 | Initial statement of beneficial ownership of securities | 2026-03-18 | SEC |
| 2026-03-18 | 3 | Initial statement of beneficial ownership of securities | 2026-03-18 | SEC |
| 2026-03-18 | 3 | Initial statement of beneficial ownership of securities | 2026-03-18 | SEC |
| 2026-03-18 | 3 | Initial statement of beneficial ownership of securities | 2026-03-18 | SEC |
| 2026-03-18 | 3 | Initial statement of beneficial ownership of securities | 2026-03-18 | SEC |
| 2026-02-19 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-02-19 | SEC |
| 2025-11-21 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2025-09-30 | SEC |
| 2025-11-03 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2025-11-03 | SEC |
| 2025-10-06 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2025-10-03 | SEC |
| 2025-09-25 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2025-09-25 | SEC |
| 2025-08-08 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2025-06-30 | SEC |
| 2025-05-23 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2025-05-23 | SEC |
| 2025-04-10 | 20-F | Registration statement under Section 12 of the Securities Exchange Act of 1934 or an annual or transition report filed under Section 13(a) or 15(d) of the Exchange Act for a foreign private issuer. | 2024-12-31 | SEC |
| 2025-04-10 | SCHEDULE 13D/A | SEC | ||
| 2025-03-19 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2025-03-19 | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 13.45K | 1 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 41.10K | 1 | 13.20K | 1 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 48.00K | 1 | 0 | 0 |
| 2026-04 | 0 | 0 | 10.40K | 1 |
| 2026-03 | 0 | 0 | 0 | 0 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| RENAISSANCE TECHNOLOGIES LLC | 2.33% |
| UBS Group AG | 1.24% |
| NewEdge Advisors, LLC | 0.85% |
| ANGELES WEALTH MANAGEMENT, LLC | 0.81% |
| ACADIAN ASSET MANAGEMENT LLC | 0.80% |
| Centiva Capital, LP | 0.30% |
| Focus Partners Wealth | 0.22% |
| Cetera Investment Advisers | 0.20% |
| GOLDMAN SACHS GROUP INC | 0.11% |
| OSAIC HOLDINGS, INC. | 0.02% |
Funds
| Fund | % owned |
|---|---|
| Fidelity Nasdaq Composite Index Fund | 0.05% |
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