EDRY

+ Watchlist + Portfolio

EuroDry Ltd.

GridBrain — Sign in

GridSentinel — Sign in

GridAegis — Sign in

Key Metrics

Previous Close: $43.29
52-Week Range: $10.52 – $44.44
Market Cap: $124.50M
P/E (TTM): 13.04
EPS (TTM): 3.33
Dividend Yield: —

Advanced Metrics

Price/Book: 1.24
PEG Ratio: —
Return on Equity: 10.23%
Return on Assets: 4.95%
Gross Margin: 55.54%
Operating Margin: 49.77%
Profit Margin: 15.02%
Current Ratio: 1.28
Debt/Equity: 0.89
Total Debt: $97.39M
Free Cash Flow: $12.45M
Revenue Growth: 57.00%
Earnings Growth: —
Enterprise Value: $204.39M

EDRY Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$70.18M	$47.59M	$61.08M	$52.26M
Cost of Revenue	$32.88M	$39.12M	$54.15M	$45.85M
Gross Profit	$37.30M	$8.47M	$6.93M	$6.41M
Selling, General & Admin	$3.07M	$3.46M	$3.27M	$3.17M
Operating Expenses	$6.04M	$7.24M	$10.43M	$6.24M
Operating Income	$31.26M	$1.23M	-$3.50M	$176.38K
EBITDA	$48.15M	$14.17M	$8.32M	$15.50M
Pretax Income	$33.54M	-$3.28M	-$13.52M	-$3.79M
Net Income	$33.54M	-$2.91M	-$12.61M	-$4.26M
Diluted EPS	11.61	-1.05	-3.54	-1.55
Diluted Shares	2.89M	2.76M	2.73M	2.76M

EDRY Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$34.04M	$8.00M	$6.71M	$20.32M
Receivables	$9.91M	$8.87M	$9.55M	$4.25M
Inventory	$1.06M	$4.12M	$2.10M	$1.31M
Current Assets	$47.89M	$24.23M	$23.33M	$28.62M
Total Assets	$199.51M	$231.05M	$219.74M	$212.10M
Current Liabilities	$27.20M	$25.48M	$18.76M	$18.72M
Long-Term Debt	$58.36M	$86.12M	$95.38M	$90.87M
Total Debt	$81.22M	$103.93M	$107.19M	$102.88M
Total Liabilities	$85.56M	$111.63M	$114.14M	$109.59M
Retained Earnings	$44.47M	$41.56M	$28.96M	$24.69M
Shareholders' Equity	$113.94M	$109.66M	$96.74M	$93.27M
Working Capital	$20.69M	-$1.26M	$4.57M	$9.90M
Net Debt	$47.18M	$95.93M	$100.48M	$82.56M

EDRY Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$32.99M	$11.81M	$4.81M	$12.76M
Capital Expenditure	-$37.79M	-$65.30M	-$8.73M	-$7.36M
Free Cash Flow	-$4.80M	-$53.50M	-$3.92M	$5.40M
Depreciation & Amortisation	$10.76M	$10.97M	$13.88M	$12.41M
Stock-Based Compensation	$788.73K	$797.98K	$954.09K	$801.24K
Investing Cash Flow	-$28.40M	-$65.30M	-$8.73M	$5.75M
Financing Cash Flow	$3.01M	$30.47M	$1.73M	-$4.74M
Dividends Paid	$0.00	$0.00	—	—
Share Repurchases	-$2.00M	-$2.03M	-$1.27M	$0.00
Net Change in Cash	$7.60M	-$23.02M	-$2.19M	$13.76M

EDRY Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Revenue	$9.21M	$11.28M	$14.39M	$17.39M	$12.79M
Cost of Revenue	$11.56M	$10.64M	$11.47M	$12.18M	$8.78M
Gross Profit	-$2.35M	$642.88K	$2.92M	$5.21M	$4.01M
Selling, General & Admin	$824.82K	$823.77K	$756.41K	$766.06K	$880.23K
Operating Expenses	$1.88M	$1.95M	$1.85M	$557.60K	$1.94M
Operating Income	-$4.23M	-$1.31M	$1.07M	$4.65M	$2.07M
EBITDA	$996.67K	$1.85M	$4.29M	$8.36M	$4.82M
Pretax Income	-$4.01M	-$3.11M	-$502.39K	$3.83M	$418.31K
Net Income	-$3.70M	-$3.07M	-$673.48K	$3.18M	$256.44K
Diluted EPS	-1.35	-1.12	-0.24	1.14	0.09
Diluted Shares	2.74M	2.74M	2.77M	2.80M	2.83M

EDRY Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Cash & Equivalents	$6.18M	$6.21M	$6.71M	$20.32M	$19.03M
Receivables	$7.99M	$6.41M	$5.10M	$4.25M	$5.12M
Inventory	$1.38M	$1.80M	$1.13M	$1.31M	$1.09M
Current Assets	$17.85M	$16.77M	$23.13M	$28.62M	$28.26M
Total Assets	$210.98M	$206.63M	$202.11M	$212.10M	$209.06M
Current Liabilities	$17.53M	$18.38M	$18.24M	$18.72M	$17.56M
Long-Term Debt	$91.61M	$88.88M	$84.88M	$90.87M	$88.35M
Total Debt	$104.22M	$101.29M	$97.12M	$102.88M	$100.13M
Total Liabilities	$109.14M	$107.27M	$103.13M	$109.59M	$105.90M
Retained Earnings	$25.26M	$22.18M	$21.51M	$24.69M	$24.95M
Shareholders' Equity	$93.28M	$90.46M	$89.90M	$93.27M	$93.77M
Working Capital	$319.15K	-$1.61M	$4.90M	$9.90M	$10.71M
Net Debt	$98.04M	$95.08M	$90.41M	$82.56M	$81.10M

EDRY Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Operating Cash Flow	-$2.32M	$2.71M	$4.78M	$7.59M	$2.28M
Capital Expenditure	-$54.58K	-$34.15K	-$34.55K	-$7.24M	-$280.19K
Free Cash Flow	-$2.37M	$2.67M	$4.75M	$348.77K	$2.00M
Depreciation & Amortisation	$3.22M	$3.22M	$3.09M	$2.89M	$2.90M
Stock-Based Compensation	$245.76K	$248.49K	$116.81K	$190.18K	$235.30K
Investing Cash Flow	$4.76M	-$34.15K	-$34.55K	$1.05M	-$280.19K
Financing Cash Flow	-$3.02M	-$2.63M	-$4.24M	$5.15M	-$2.81M
Share Repurchases	$0.00	$0.00	$0.00	$0.00	—
Net Change in Cash	-$578.01K	$41.17K	$506.98K	$13.79M	-$815.87K

Market Snapshot

About

EuroDry Ltd. is a shipping company that owns and operates a fleet of dry bulk carriers transporting major bulks such as iron ore, coal, and grains. The company focuses on Panamax, Kamsarmax, and Ultramax vessel classes serving global commodity trade routes. EuroDry is managed by Euroseas Ltd. and operates vessels under time charters and spot market contracts. The company's revenue and profitability are directly tied to volatile dry bulk shipping rates influenced by global trade volumes, fleet supply, and commodity demand cycles.