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MARKETS / NASDAQ / Industrials / Water transportation / GLBS
NASDAQ · DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT · SMALL CAP

Globus Maritime Ltd. GLBS

11 fiscal years on record · USD · FY2025 reported · SEC filings only
$44.2M
▲ 26.8% YoY
$-1.7M
▼ 505.3% YoY
$11.4M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Globus Maritime Limited is an integrated dry bulk shipping company, providing marine transportation services on a worldwide basis, owning, chartering, operating and managing a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes internationally. The company originally incorporated as Globus Maritime Limited on July 26, 2006 pursuant to the Companies (Jersey) Law 1991 (as amended) and began operations in September 2006. Its operations are managed by its Glyfada, Greece-based wholly owned subsidiary, Globus Shipmanagement Corp., referred to as the Manager, which provides in-house commercial and technical management for its vessels. The company owns or charters in each of its vessels through separate, wholly owned subsidiaries, all of which are incorporated in the Marshall Islands. As of December 31, 2025 and 2024 the company's fleet consisted of nine and ten vessels, respectively, with an aggregate carrying value of $233.2 million and $249 million. The company maintains its principal executive offices at c/o Globus Shipmanagement Corp., 128 Vouliagmenis Ave., 3rd Floor, 166 74 Glyfada, Attica, Greece.

Written from the business description in Globus Maritime Limited's annual report to the U.S. Securities and Exchange Commission, filed 16 March 2026. Every sentence was checked against that document before publication.

Growth

USD 44.2M
Revenue, FY2025 · full 11-year series below
Revenue $M Net income $M
FY2025 · Revenue 44.2 · Net income -1.7
25.0M50.0M-15.0M-30.0M
20152018202120242025
Compound annual growth
−10.5%
+30.3%
+13.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +30.3% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−4 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating 10.2% · Net -4.0%
20%40%-100%-200%
201520202025
ROE
FY2025 · ROE -1.0%
-50%-100%
201520202025
Three returns, three denominators.
Gross margin·
Operating margin10.2%
Net margin-4.0%
EBITDA·

Each USD of equity lost 1 cents this year.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 11.4
10M20M-40M-80M
201520202025
Net buybacks $ Dividends $
FY2022 · Dividends 0.0 · Net buybacks ·
200000400000
20152016201720182019202020212022
Dividends paid·
Net buybacks·
Share of profit·
Consecutive raises·

Total assetsUSD 288.8M
CashUSD 26.3M
Current ratio2.74×

Not available: we don't have the total debt figure for this period.

The 11-year record

11 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
GLBS, 11-year financial record
Metric 20252024202320222021202020192018201720162015
Revenue $B0.00.00.00.10.00.00.00.00.00.00.0
Operating income $B0.00.00.00.00.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B◌◌◌◌◌−0.0−0.00.00.0◌◌
Income tax $B◌◌◌◌◌◌◌◌◌◌◌
Net income $B−0.00.00.00.00.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B0.0−0.1−0.00.0−0.1−0.00.00.00.0−0.0−0.0
EPS, diluted $−0.080.020.261.181.01−18.11−873.36◌◌◌◌
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌
Payout %———00−0−0−0−0−0−2
ROE %−1.00.23.015.315.9−66.9−142.8−8.4−20.0−38.3−106.1

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

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Provenance

Company facts, as filed

How we verify · 0 failures in 36 reconciliationsAUDITED

Reconciled in 11 of the 11 fiscal years we could check. 18 checks were skipped: the balance sheet is not tagged before 2016. 12 checks were skipped: EPS is not tagged before 2019.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityDeep Sea Foreign Transportation of Freight
Listed onNASDAQ
Incorporated inoutside the United States — SEC code 1T
Fiscal year endsnot stated in the filings
Data on record since2015

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