Symbols / GLBS $2.09 +1.46% Globus Maritime Limited

Industrials • Marine Shipping • Greece • NCM
GLBS Chart
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About

Globus Maritime Limited operates as a dry bulk shipping company that provides marine transportation services internationally. It owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargoes. As of December 31, 2025, the company operated nine dry bulk vessels with a total carrying capacity of 680,622 deadweight tonnage. It charters its vessels to operators, trading houses, shipping companies and producers, and government-owned entities. The company was incorporated in 2006 and is based in Athens, Greece.

Fundamentals
Scroll to Statements
Market Cap 45.11M Enterprise Value 128.10M Income -1.75M Sales 44.21M Book/sh 8.15 Cash/sh 1.22
Dividend Yield — Payout 0.00% Employees 25 IPO — P/E — Forward P/E -52.25
PEG — P/S 1.02 P/B 0.26 P/C — EV/EBITDA 10.60 EV/Sales 2.90
Quick Ratio 2.38 Current Ratio 2.74 Debt/Eq 62.07 LT Debt/Eq — EPS (ttm) -0.08 EPS next Y -0.04
EPS Growth — Revenue Growth 54.80% Earnings 2026-06-15 ROA 0.49% ROE -0.99% ROIC —
Gross Margin 43.52% Oper. Margin 19.33% Profit Margin -3.95% Shs Outstand 21.58M Shs Float 12.68M Short Float 1.10%
Short Ratio 1.49 Short Interest — 52W High 2.44 52W Low 0.99 Beta 0.46 Avg Volume 86.11K
Volume 42.99K Target Price $3.00 Recom None Prev Close $2.06 Price $2.09 Change 1.46%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$3.00
Mean price target
2. Current target
$2.09
Latest analyst target
3. DCF / Fair value
$-13.10
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.09
Low
$3.00
High
$3.00
Mean
$3.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-06-23 main Maxim Group Buy → Buy $3
2021-08-02 init Maxim Group — → Buy $6
2014-04-14 up Wunderlich Securities Hold → Buy $5
2013-09-30 main Wunderlich Securities — → Hold $4
2012-11-29 main Wunderlich Securities — → Hold $4
2012-09-12 main Wunderlich Securities — → Hold $4
News
RSS: Latest GLBS news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-31 FEIDAKIS GEORGIOS Director — 375,145 $2.14 $801,835
2026-03-30 FEIDAKIS GEORGIOS Director — 15,395 $1.93 $29,695
2026-03-25 FEIDAKIS GEORGIOS Director — 11,100 $1.80 $19,980
2026-03-24 FEIDAKIS GEORGIOS Director — 80,032 $1.74 $141,300
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
44.21
+26.77%
34.87
+11.74%
31.20
-49.47%
61.76
Operating Revenue
44.21
+26.77%
34.87
+11.74%
31.20
-49.47%
61.76
Cost Of Revenue
37.67
+33.29%
28.26
-8.57%
30.91
-11.91%
35.09
Reconciled Cost Of Revenue
37.67
+33.29%
28.26
-8.57%
30.91
-11.91%
35.09
Gross Profit
6.54
-1.09%
6.61
+2118.79%
0.30
-98.88%
26.67
Operating Expense
4.16
-18.49%
5.11
+122.29%
2.30
-24.39%
3.04
Selling General And Administration
3.83
-21.78%
4.89
+139.13%
2.05
-19.47%
2.54
General And Administrative Expense
3.83
-21.78%
4.89
+139.13%
2.05
-19.47%
2.54
Salaries And Wages
—
—
0.00
0.00
Other Gand A
3.83
-21.78%
4.89
+139.13%
2.05
-19.47%
2.54
Other Operating Expenses
0.02
+480.00%
-0.01
-135.71%
0.01
-93.14%
0.20
Total Expenses
41.83
+25.37%
33.36
+0.48%
33.20
-12.90%
38.12
Operating Income
2.38
+57.90%
1.51
+175.34%
-2.00
-108.46%
23.63
Total Operating Income As Reported
4.51
+32.83%
3.40
-45.85%
6.28
-73.44%
23.63
EBITDA
20.64
+27.41%
16.20
-11.87%
18.38
-50.04%
36.79
Normalized EBITDA
18.32
+31.66%
13.91
+47.28%
9.45
-72.34%
34.16
Reconciled Depreciation
14.53
+49.08%
9.74
+9.35%
8.91
-13.04%
10.25
EBIT
6.11
-5.30%
6.46
-31.83%
9.47
-64.33%
26.55
Total Unusual Items
2.32
+1.53%
2.28
-74.43%
8.93
+239.23%
2.63
Total Unusual Items Excluding Goodwill
2.32
+1.53%
2.28
-74.43%
8.93
+239.23%
2.63
Special Income Charges
2.44
+41.01%
1.73
-79.97%
8.63
+21485.00%
0.04
Other Special Charges
-0.30
-283.54%
0.16
+145.81%
-0.36
-795.00%
-0.04
Impairment Of Capital Assets
0.00
+100.00%
-1.89
+57.02%
-4.40
0.00
Net Income
-1.75
-505.34%
0.43
-91.82%
5.27
-78.29%
24.28
Pretax Income
-1.75
-505.34%
0.43
-91.82%
5.27
-78.29%
24.28
Net Non Operating Interest Income Expense
-6.44
-91.84%
-3.36
-102.23%
-1.66
+16.32%
-1.99
Interest Expense Non Operating
7.86
+30.47%
6.03
+43.52%
4.20
+85.26%
2.27
Net Interest Income
-6.44
-91.84%
-3.36
-102.23%
-1.66
+16.32%
-1.99
Interest Expense
7.86
+30.47%
6.03
+43.52%
4.20
+85.26%
2.27
Interest Income Non Operating
1.53
-44.72%
2.77
+5.01%
2.63
+602.40%
0.38
Interest Income
1.53
-44.72%
2.77
+5.01%
2.63
+602.40%
0.38
Other Income Expense
2.32
+1.53%
2.28
-74.43%
8.93
+239.23%
2.63
Other Non Operating Income Expenses
—
—
—
0.04
Gain On Sale Of Security
-0.12
-121.44%
0.56
+86.24%
0.30
-88.51%
2.59
Tax Rate For Calcs
0.00
-100.00%
0.00
+0.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
0.00
-100.00%
0.50
-74.43%
1.97
+239.23%
0.58
Net Income Including Noncontrolling Interests
-1.75
-505.34%
0.43
-91.82%
5.27
-78.29%
24.28
Net Income From Continuing Operation Net Minority Interest
-1.75
-505.34%
0.43
-91.82%
5.27
-78.29%
24.28
Net Income From Continuing And Discontinued Operation
-1.75
-505.34%
0.43
-91.82%
5.27
-78.29%
24.28
Net Income Continuous Operations
-1.75
-505.34%
0.43
-91.82%
5.27
-78.29%
24.28
Normalized Income
-4.07
-201.07%
-1.35
+20.32%
-1.69
-107.63%
22.23
Net Income Common Stockholders
-1.75
-505.34%
0.43
-91.82%
5.27
-78.29%
24.28
Diluted EPS
—
0.02
-92.31%
0.26
-77.97%
1.18
Basic EPS
—
—
0.26
-77.97%
1.18
Basic Average Shares
—
20.58
+0.00%
20.58
+0.00%
20.58
Diluted Average Shares
—
—
20.58
+0.00%
20.58
Diluted NI Availto Com Stockholders
-1.75
-505.34%
0.43
-91.82%
5.27
-78.29%
24.28
Gain On Sale Of PPE
2.14
+106750.00%
0.00
-99.95%
3.88
0.00
Other Taxes
0.31
+45.37%
0.22
-8.47%
0.24
-19.18%
0.29
Total Other Finance Cost
0.11
+12.00%
0.10
+3.09%
0.10
+3.19%
0.09
Line Item Trend 2023-12-31
Total Assets
231.40
Current Assets
79.30
Cash Cash Equivalents And Short Term Investments
74.20
Cash And Cash Equivalents
74.20
Cash Financial
74.20
Receivables
1.15
Accounts Receivable
1.15
Gross Accounts Receivable
1.15
Allowance For Doubtful Accounts Receivable
0.00
Inventory
1.26
Raw Materials
0.59
Prepaid Assets
—
Restricted Cash
0.09
Hedging Assets Current
0.81
Other Current Assets
1.79
Total Non Current Assets
152.10
Net PPE
148.07
Gross PPE
245.02
Accumulated Depreciation
-96.95
Machinery Furniture Equipment
0.09
Construction In Progress
47.25
Other Properties
0.18
Other Non Current Assets
3.54
Total Liabilities Net Minority Interest
55.43
Current Liabilities
9.50
Payables And Accrued Expenses
2.12
Payables
0.48
Accounts Payable
0.36
Other Payable
0.12
Current Accrued Expenses
1.65
Employee Benefits
0.17
Current Debt And Capital Lease Obligation
6.69
Current Debt
6.50
Other Current Borrowings
6.50
Current Capital Lease Obligation
0.19
Current Deferred Liabilities
0.69
Current Deferred Revenue
0.69
Other Current Liabilities
—
Total Non Current Liabilities Net Minority Interest
45.93
Long Term Debt And Capital Lease Obligation
45.76
Long Term Debt
45.76
Long Term Capital Lease Obligation
0.00
Non Current Pension And Other Postretirement Benefit Plans
0.17
Stockholders Equity
175.97
Common Stock Equity
175.97
Capital Stock
0.08
Common Stock
0.08
Share Issued
20.58
Ordinary Shares Number
20.58
Treasury Shares Number
0.00
Additional Paid In Capital
284.41
Retained Earnings
-108.52
Total Equity Gross Minority Interest
175.97
Total Capitalization
221.73
Working Capital
69.80
Invested Capital
228.23
Total Debt
52.45
Net Debt
—
Capital Lease Obligations
0.19
Net Tangible Assets
175.97
Tangible Book Value
175.97
Financial Assets
0.49
Interest Payable
—
Line Of Credit
0.00
Other Inventories
0.66
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
11.37
+0.74%
11.29
+353.31%
-4.46
-116.56%
26.91
Cash Flow From Continuing Operating Activities
11.37
+0.74%
11.29
+353.31%
-4.46
-116.56%
26.91
Net Income From Continuing Operations
-1.75
-505.34%
0.43
-91.82%
5.27
-78.29%
24.28
Depreciation Amortization Depletion
14.53
+49.08%
9.74
+9.35%
8.91
-13.04%
10.25
Depreciation
14.53
+49.08%
9.74
+9.35%
8.91
-13.04%
10.25
Depreciation And Amortization
14.53
+49.08%
9.74
+9.35%
8.91
-13.04%
10.25
Other Non Cash Items
1.03
-12.81%
1.18
+112.91%
-9.13
-769.52%
-1.05
Pension And Employee Benefit Expense
0.06
+210.00%
0.02
-13.04%
0.02
-34.29%
0.04
Stock Based Compensation
1.34
0.00
0.00
0.00
Asset Impairment Charge
0.00
+100.00%
-1.89
+57.02%
-4.40
0.00
Operating Gains Losses
-2.02
-289.38%
-0.52
+87.60%
-4.18
-66.35%
-2.51
Gain Loss On Investment Securities
-0.03
+94.22%
-0.47
-20.36%
-0.39
+84.60%
-2.52
Net Foreign Currency Exchange Gain Loss
0.09
+223.19%
-0.07
-207.81%
0.06
+346.15%
-0.03
Gain Loss On Sale Of PPE
-2.14
-106750.00%
-0.00
+99.95%
-3.88
0.00
Change In Working Capital
-1.76
-175.22%
2.34
+351.72%
-0.93
+77.09%
-4.06
Change In Receivables
0.46
+1143.24%
0.04
+103.55%
-1.04
-216.55%
0.89
Changes In Account Receivables
0.46
+1143.24%
0.04
+103.55%
-1.04
-216.55%
0.89
Change In Inventory
-0.99
-3403.33%
0.03
-98.31%
1.77
+181.43%
-2.18
Change In Prepaid Assets
1.09
+286.64%
-0.58
-153.19%
1.10
+166.03%
-1.66
Change In Payables And Accrued Expense
-2.07
-172.69%
2.85
+194.03%
-3.03
-689.49%
0.51
Change In Accrued Expense
-0.61
-604.60%
-0.09
-124.51%
0.35
+116.09%
-2.21
Change In Payable
-1.46
-149.66%
2.94
+186.74%
-3.38
-224.40%
2.72
Change In Account Payable
-1.46
-149.66%
2.94
+186.74%
-3.38
-224.40%
2.72
Change In Other Working Capital
-0.25
-2866.67%
0.01
-96.69%
0.27
+116.71%
-1.63
Investing Cash Flow
-16.96
+82.86%
-98.92
-635.90%
18.46
+163.63%
-29.01
Cash Flow From Continuing Investing Activities
-16.96
+82.86%
-98.92
-635.90%
18.46
+163.63%
-29.01
Net PPE Purchase And Sale
0.51
+100.50%
-101.69
-742.57%
15.82
+153.86%
-29.38
Purchase Of PPE
-7.85
+93.07%
-113.19
-487.30%
-19.27
+34.41%
-29.38
Sale Of PPE
8.36
-27.27%
11.50
-67.24%
35.10
0.00
Capital Expenditure
-7.85
+93.07%
-113.19
-487.30%
-19.27
+34.41%
-29.38
Net Other Investing Changes
-19.00
—
—
—
Financing Cash Flow
-14.99
-124.88%
60.27
+718.34%
7.37
-24.24%
9.72
Cash Flow From Continuing Financing Activities
-14.99
-124.88%
60.27
+718.34%
7.37
-24.24%
9.72
Net Issuance Payments Of Debt
-9.05
-113.70%
66.08
+733.92%
7.92
-35.78%
12.34
Issuance Of Debt
1.40
-98.16%
76.00
+204.00%
25.00
+38.89%
18.00
Repayment Of Debt
-10.45
-5.34%
-9.92
+41.91%
-17.08
-201.64%
-5.66
Long Term Debt Issuance
1.40
-98.16%
76.00
+204.00%
25.00
+38.89%
18.00
Long Term Debt Payments
-10.45
-5.34%
-9.92
+41.91%
-17.08
-201.64%
-5.66
Net Long Term Debt Issuance
-9.05
-113.70%
66.08
+733.92%
7.92
-35.78%
12.34
Net Common Stock Issuance
—
—
0.00
0.00
Cash Dividends Paid
0.00
0.00
0.00
0.00
Proceeds From Stock Option Exercised
—
—
0.00
0.00
Net Other Financing Charges
1.37
+215.51%
-1.19
-161.07%
1.94
+293.62%
-1.00
Changes In Cash
-20.58
+24.78%
-27.36
-228.06%
21.37
+180.43%
7.62
Beginning Cash Position
46.84
-36.88%
74.20
+40.45%
52.83
+16.85%
45.21
End Cash Position
26.25
-43.95%
46.84
-36.88%
74.20
+40.45%
52.83
Free Cash Flow
3.52
+103.45%
-101.90
-329.47%
-23.73
-857.89%
-2.48
Common Stock Issuance
—
—
0.00
0.00
Interest Paid CFF
-7.31
-58.19%
-4.62
-84.85%
-2.50
-54.96%
-1.61
Interest Received CFI
1.53
-44.72%
2.77
+5.01%
2.63
+602.40%
0.38
Issuance Of Capital Stock
—
—
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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