GLBS

+ Watchlist + Portfolio

Globus Maritime Limited

GridBrain — Sign in

GridSentinel — Sign in

GridAegis — Sign in

Key Metrics

Previous Close: $3.67
52-Week Range: $1.00 – $3.94
Market Cap: $78.13M
P/E (TTM): 11.31
EPS (TTM): 0.32
Dividend Yield: —

Advanced Metrics

Price/Book: 0.43
PEG Ratio: —
Return on Equity: 3.80%
Return on Assets: 2.30%
Gross Margin: 55.39%
Operating Margin: 29.60%
Profit Margin: 12.72%
Current Ratio: 2.77
Debt/Equity: 0.59
Total Debt: $106.34M
Free Cash Flow: $-11.72M
Revenue Growth: 53.20%
Earnings Growth: —
Enterprise Value: $156.23M

GLBS Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$61.76M	$31.20M	$34.87M	$44.21M
Cost of Revenue	$35.09M	$30.91M	$28.26M	$37.67M
Gross Profit	$26.67M	$298.00K	$6.61M	$6.54M
Selling, General & Admin	$2.54M	$2.05M	$4.89M	$3.83M
Operating Expenses	$3.04M	$2.30M	$5.11M	$4.16M
Operating Income	$23.63M	-$2.00M	$1.51M	$2.38M
EBITDA	$36.79M	$18.38M	$16.20M	$20.64M
Pretax Income	$24.28M	$5.27M	$431.00K	-$1.75M
Net Income	$24.28M	$5.27M	$431.00K	-$1.75M
Diluted EPS	1.18	0.26	0.02	—
Diluted Shares	20.58M	20.58M	20.58M	—

GLBS Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$52.83M	$74.20M	$46.84M	$26.25M
Receivables	$109.00K	$1.15M	$1.11M	$654.00K
Inventory	$3.03M	$1.26M	$1.23M	$2.22M
Current Assets	$62.33M	$79.30M	$53.04M	$30.97M
Total Assets	$225.46M	$231.40M	$320.99M	$288.82M
Current Liabilities	$16.90M	$9.50M	$34.58M	$11.31M
Long-Term Debt	$37.52M	$45.76M	$59.27M	$51.73M
Total Debt	$44.83M	$52.45M	$137.95M	$109.25M
Total Liabilities	$54.76M	$55.43M	$144.59M	$112.83M
Retained Earnings	-$113.79M	-$108.52M	-$108.09M	-$109.83M
Shareholders' Equity	$170.70M	$175.97M	$176.40M	$175.99M
Working Capital	$45.42M	$69.80M	$18.46M	$19.66M
Net Debt	—	—	$38.38M	$31.58M

GLBS Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$26.91M	-$4.46M	$11.29M	$11.37M
Capital Expenditure	-$29.38M	-$19.27M	-$113.19M	-$7.85M
Free Cash Flow	-$2.48M	-$23.73M	-$101.90M	$3.52M
Depreciation & Amortisation	$10.25M	$8.91M	$9.74M	$14.53M
Stock-Based Compensation	$0.00	$0.00	$0.00	$1.34M
Investing Cash Flow	-$29.01M	$18.46M	-$98.92M	-$16.96M
Financing Cash Flow	$9.72M	$7.37M	$60.27M	-$14.99M
Dividends Paid	$0.00	$0.00	$0.00	$0.00
Net Change in Cash	$7.62M	$21.37M	-$27.36M	-$20.58M

GLBS Income statement, quarterly periods, in USD
USD	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Revenue	$8.69M	$8.62M	$9.54M	$12.60M	$13.45M
Cost of Revenue	$11.00M	$8.97M	$8.78M	$9.29M	$10.63M
Gross Profit	-$2.31M	-$355.00K	$757.00K	$3.31M	$2.83M
Selling, General & Admin	-$1.63M	$1.38M	$1.14M	$1.36M	-$60.00K
Operating Expenses	-$1.42M	$1.38M	$1.17M	$1.33M	$246.00K
Operating Income	-$890.00K	-$1.74M	-$408.00K	$1.98M	$2.58M
EBITDA	$3.15M	$4.08M	$3.86M	$6.28M	$6.25M
Pretax Income	-$2.00M	-$1.48M	-$1.87M	$725.00K	$878.00K
Net Income	-$2.00M	-$1.48M	-$1.87M	$725.00K	$878.00K
Diluted EPS	—	-0.07	-0.09	0.04	—
Diluted Shares	—	20.58M	20.58M	20.58M	—

GLBS Balance Sheet statement, quarterly periods, in USD
USD	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Cash & Equivalents	$46.84M	$51.09M	$48.33M	$25.76M	$26.25M
Receivables	$1.11M	$1.98M	$1.52M	$1.08M	$654.00K
Inventory	$1.23M	$1.69M	$1.39M	$1.58M	$2.22M
Current Assets	$53.04M	$58.52M	$54.60M	$31.99M	$30.97M
Total Assets	$320.99M	$315.99M	$309.36M	$289.79M	$288.82M
Current Liabilities	$34.58M	$34.42M	$31.66M	$13.70M	$11.31M
Long-Term Debt	$59.27M	$56.41M	$54.93M	$53.15M	$51.73M
Total Debt	$137.95M	$133.91M	$131.91M	$110.42M	$109.25M
Total Liabilities	$144.59M	$141.07M	$136.31M	$116.02M	$112.83M
Retained Earnings	-$108.09M	-$109.57M	-$111.44M	-$110.71M	-$109.83M
Shareholders' Equity	$176.40M	$174.92M	$173.05M	$173.78M	$175.99M
Working Capital	$18.46M	$24.10M	$22.93M	$18.29M	$19.66M
Net Debt	$38.38M	$30.62M	$31.93M	$33.55M	$31.58M

GLBS Cash Flow statement, quarterly periods, in USD
USD	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Operating Cash Flow	$533.00K	$905.00K	$264.00K	$3.56M	$6.64M
Capital Expenditure	-$35.13M	-$8.00K	-$2.00K	-$3.76M	-$4.08M
Free Cash Flow	-$34.60M	$897.00K	$262.00K	-$205.00K	$2.56M
Depreciation & Amortisation	$3.26M	$3.74M	$3.65M	$3.54M	$3.59M
Investing Cash Flow	-$34.52M	$8.71M	$546.00K	-$22.55M	-$3.66M
Financing Cash Flow	$21.12M	-$5.36M	-$3.57M	-$3.58M	-$2.49M
Dividends Paid	$0.00	$0.00	$0.00	$0.00	$0.00
Net Change in Cash	-$12.87M	$4.25M	-$2.76M	-$22.57M	$497.00K

Market Snapshot

About

Globus Maritime Limited is a dry bulk shipping company that owns and operates a fleet of dry bulk vessels. The company transports dry bulk commodities including iron ore, coal, grain, steel products, cement, alumina, and other raw materials worldwide. Globus Maritime generates revenue by chartering its vessels to customers under time charters and voyage contracts. The company operates in the highly cyclical shipping industry, with profitability dependent on freight rates, vessel utilization, and operating costs.