USEA Chart
About

United Maritime Corporation, a shipping company, offers seaborne transportation services worldwide. The company operates a fleet of five dry bulk vessels comprising three Panamax and two Kamsarmax vessels with an aggregate cargo-carrying capacity of approximately 396,297 dwt. United Maritime Corporation was incorporated in 2022 and is based in Glyfada, Greece.

Fundamentals
Scroll to Statements
Sector Industrials Industry Marine Shipping Market Cap 18.25M
Enterprise Value 68.51M Income -4.23M Sales 42.02M
Book/sh 6.29 Cash/sh 2.17 Dividend Yield 7.18%
Payout 32.26% Employees 6 IPO —
P/E — Forward P/E -33.17 PEG —
P/S 0.43 P/B 0.32 P/C —
EV/EBITDA 7.81 EV/Sales 1.63 Quick Ratio 0.57
Current Ratio 0.61 Debt/Eq 109.63 LT Debt/Eq —
EPS (ttm) -0.48 EPS next Y -0.06 EPS Growth —
Revenue Growth -5.20% Earnings 2026-02-25 ROA 0.54%
ROE -6.90% ROIC — Gross Margin 37.65%
Oper. Margin 9.13% Profit Margin -10.14% Shs Outstand 9.11M
Shs Float 7.12M Short Float 7.21% Short Ratio 13.27
Short Interest — 52W High 2.22 52W Low 1.00
Beta 0.72 Avg Volume 68.00K Volume 44.56K
Target Price $4.00 Recom Buy Prev Close $1.95
Price $1.99 Change 2.05%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.00
Mean price target
2. Current target
$1.99
Latest analyst target
3. DCF / Fair value
$4.00
Proxy: analyst mean price target (no FCF/EPS data available).
Ratings
Current target
$1.99
Low
$4.00
High
$4.00
Mean
$4.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-06-26 init Maxim Group — → Buy $6
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.002.55M7.81M-290.64
TaxRateForCalcs0.000.220.220.24
NormalizedEBITDA13.42M4.05M5.94M3.55M
TotalUnusualItems330.00K11.59M35.50M-1.21K
TotalUnusualItemsExcludingGoodwill330.00K11.59M35.50M-1.21K
NetIncomeFromContinuingOperationNetMinorityInterest-3.38M221.00K37.49M2.17M
ReconciledDepreciation9.71M9.08M1.90M756.76K
ReconciledCostOfRevenue34.95M32.81M12.33M3.52M
EBITDA13.75M15.64M41.44M3.55M
EBIT4.03M6.56M39.53M2.79M
NetInterestIncome-8.10M-6.75M-2.44M-743.69K
InterestExpense7.42M6.34M2.04M621.05K
InterestIncome314.00K430.00K13.00K0.00
NormalizedIncome-3.71M-8.82M9.80M2.17M
NetIncomeFromContinuingAndDiscontinuedOperation-3.38M221.00K37.49M2.17M
TotalExpenses41.22M40.79M18.38M4.48M
TotalOperatingIncomeAsReported4.82M7.08M40.50M2.92M
DilutedAverageShares8.79M8.36M7.30M1.51M
BasicAverageShares8.71M8.36M4.50M1.51M
DilutedEPS-0.390.024.921.44
BasicEPS-0.390.027.791.44
DilutedNIAvailtoComStockholders-3.38M126.00K35.09M2.17M
NetIncomeCommonStockholders-3.38M126.00K35.09M2.17M
OtherunderPreferredStockDividend0.0095.00K1.66M
PreferredStockDividends743.00K
NetIncome-3.38M221.00K37.49M2.17M
NetIncomeIncludingNoncontrollingInterests-3.38M221.00K37.49M2.17M
NetIncomeContinuousOperations-3.38M221.00K37.49M2.17M
PretaxIncome-3.38M221.00K37.49M2.17M
OtherIncomeExpense499.00K11.70M35.52M-1.21K
OtherNonOperatingIncomeExpenses311.00K112.00K26.00K
SpecialIncomeCharges201.00K11.72M35.50M0.00
GainOnSaleOfPPE1.43M11.80M36.09M
OtherSpecialCharges397.00K85.00K593.00K
ImpairmentOfCapitalAssets828.00K0.000.00
EarningsFromEquityInterest-142.00K0.000.00
GainOnSaleOfSecurity129.00K-132.00K-6.00K-1.21K
NetNonOperatingInterestIncomeExpense-8.10M-6.75M-2.44M-743.69K
TotalOtherFinanceCost999.00K841.00K407.00K122.64K
InterestExpenseNonOperating7.42M6.34M2.04M621.05K
InterestIncomeNonOperating314.00K430.00K13.00K0.00
OperatingIncome4.22M-4.72M4.41M2.92M
OperatingExpense6.27M7.98M6.05M955.65K
OtherOperatingExpenses2.26M1.97M526.00K342.25K
DepreciationAmortizationDepletionIncomeStatement756.76K
DepreciationAndAmortizationInIncomeStatement756.76K
DepreciationIncomeStatement756.76K
SellingGeneralAndAdministration4.01M6.02M5.52M613.40K
GeneralAndAdministrativeExpense4.01M6.02M5.52M613.40K
OtherGandA4.01M6.02M5.52M613.40K
GrossProfit10.49M3.26M10.46M3.87M
CostOfRevenue34.95M32.81M12.33M3.52M
TotalRevenue45.44M36.07M22.78M7.40M
OperatingRevenue45.44M36.07M22.78M7.40M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber8.84M8.69M8.18M1.51M
ShareIssued8.84M8.69M8.18M1.51M
NetDebt72.34M50.73M4.62M
TotalDebt97.72M95.95M42.61M5.38M
TangibleBookValue60.09M65.87M64.57M7.04M
InvestedCapital138.84M130.40M72.04M12.42M
WorkingCapital-9.03M-34.00M34.60M-1.09M
NetTangibleAssets60.09M65.87M64.57M7.04M
CapitalLeaseObligations18.97M31.42M0.00
CommonStockEquity60.09M65.87M64.57M7.04M
TotalCapitalization121.19M121.71M64.57M11.24M
TotalEquityGrossMinorityInterest60.09M65.87M64.57M7.04M
StockholdersEquity60.09M65.87M64.57M7.04M
GainsLossesNotAffectingRetainedEarnings-4.00K0.00
OtherEquityAdjustments-4.00K
RetainedEarnings20.91M26.95M29.37M-828.30K
AdditionalPaidInCapital39.18M38.92M35.19M
CapitalStock1.00K1.00K1.00K7.87M
CommonStock1.00K1.00K1.00K7.87M
PreferredStock0.000.000.00
TotalLiabilitiesNetMinorityInterest111.98M108.94M61.09M6.39M
TotalNonCurrentLiabilitiesNetMinorityInterest78.47M55.84M35.87M4.31M
OtherNonCurrentLiabilities428.00K739.00K104.55K
LongTermDebtAndCapitalLeaseObligation78.04M55.84M35.13M4.20M
LongTermCapitalLeaseObligation16.94M0.00
LongTermDebt61.10M55.84M35.13M4.20M
CurrentLiabilities33.52M53.09M25.21M2.08M
CurrentDeferredLiabilities1.40M527.00K1.03M326.37K
CurrentDeferredRevenue1.40M527.00K1.03M326.37K
CurrentDebtAndCapitalLeaseObligation19.68M40.11M7.47M1.18M
CurrentCapitalLeaseObligation2.03M31.42M0.00
CurrentDebt17.65M8.69M7.47M1.18M
OtherCurrentBorrowings17.65M8.69M7.47M1.18M
PayablesAndAccruedExpenses12.44M12.46M16.71M578.04K
CurrentAccruedExpenses2.68M8.04M5.50M309.61K
Payables9.76M4.41M11.22M268.43K
DuetoRelatedPartiesCurrent7.27M450.00K829.00K
DividendsPayable663.00K652.00K7.37M
AccountsPayable1.82M3.31M3.02M268.43K
TotalAssets172.07M174.81M125.66M13.43M
TotalNonCurrentAssets147.59M155.72M65.84M12.44M
OtherNonCurrentAssets350.00K700.00K15.20M
NonCurrentPrepaidAssets1.16M0.00
NonCurrentDeferredAssets4.35M2.49M441.00K155.55K
InvestmentsAndAdvances3.59M0.00
LongTermEquityInvestment3.59M0.00
NetPPE138.15M152.53M50.20M12.28M
AccumulatedDepreciation-9.95M-7.56M-1.26M-4.65M
GrossPPE148.10M160.08M51.46M16.93M
ConstructionInProgress0.0012.69M
OtherProperties47.71M16.93M
MachineryFurnitureEquipment51.46M16.93M
CurrentAssets24.48M19.09M59.81M994.27K
OtherCurrentAssets503.00K3.69M3.21M
AssetsHeldForSaleCurrent14.88M0.00
PrepaidAssets601.00K546.00K989.00K59.46K
Inventory650.00K664.00K107.00K99.33K
Receivables1.44M394.00K779.00K70.00K
DuefromRelatedPartiesCurrent0.00142.00K0.00
AccountsReceivable1.44M252.00K779.00K70.00K
CashCashEquivalentsAndShortTermInvestments6.41M13.80M54.73M765.48K
CashAndCashEquivalents6.41M13.80M54.73M765.48K
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow3.02M-87.98M-85.64M3.60M
RepurchaseOfCapitalStock-469.00K-673.00K-16.50M
RepaymentOfDebt-65.78M-34.61M-34.75M-800.00K
IssuanceOfDebt47.15M54.50M73.00M0.00
IssuanceOfCapitalStock0.001.88M34.97M
CapitalExpenditure-249.00K-81.75M-93.52M-56.07K
InterestPaidSupplementalData7.60M6.33M1.74M642.22K
EndCashPosition6.76M14.50M69.93M765.48K
BeginningCashPosition14.50M69.93M0.00406.01K
ChangesInCash-7.74M-55.43M69.93M359.48K
FinancingCashFlow-18.95M9.94M55.57M-3.24M
CashFlowFromContinuingFinancingActivities-18.95M9.94M55.57M-3.24M
NetOtherFinancingCharges2.79M-1.80M-909.00K-2.44M
CashDividendsPaid-2.64M-9.36M-243.00K
PreferredStockDividendPaid0.000.00-243.00K
CommonStockDividendPaid-2.64M-9.36M0.00
NetPreferredStockIssuance0.000.00-500.00K
PreferredStockPayments0.000.00-10.50M
PreferredStockIssuance0.000.0010.00M
NetCommonStockIssuance-469.00K1.21M18.97M
CommonStockPayments-469.00K-673.00K-6.00M
CommonStockIssuance0.001.88M24.97M
NetIssuancePaymentsOfDebt-18.63M19.89M38.25M-800.00K
NetLongTermDebtIssuance-18.63M19.89M38.25M-800.00K
LongTermDebtPayments-65.78M-34.61M-34.75M-800.00K
LongTermDebtIssuance47.15M54.50M73.00M0.00
InvestingCashFlow7.95M-59.14M6.49M-56.07K
CashFlowFromContinuingInvestingActivities7.95M-59.14M6.49M-56.07K
NetOtherInvestingChanges-8.29M-14.89M
NetBusinessPurchaseAndSale-3.73M0.000.00
NetPPEPurchaseAndSale19.97M-44.25M6.49M-56.07K
SaleOfPPE20.22M37.50M100.01M
PurchaseOfPPE-249.00K-81.75M-93.52M-56.07K
OperatingCashFlow3.26M-6.23M7.88M3.66M
CashFlowFromContinuingOperatingActivities3.26M-6.23M7.88M3.66M
ChangeInWorkingCapital-7.98M-7.38M681.00K312.57K
ChangeInOtherWorkingCapital-5.71M-6.02M969.00K203.23K
ChangeInOtherCurrentLiabilities0.000.00-130.00K
ChangeInOtherCurrentAssets3.18M-478.00K-3.21M
ChangeInPayablesAndAccruedExpense-4.27M-1.18M4.61M236.66K
ChangeInAccruedExpense-4.98M1.14M6.80M102.77K
ChangeInPayable705.00K-2.32M-2.19M133.89K
ChangeInAccountPayable-1.76M-1.57M-2.79M
ChangeInPrepaidAssets-55.00K443.00K-990.00K-12.13K
ChangeInInventory-82.00K-531.00K87.00K-45.19K
ChangeInReceivables-1.04M385.00K-660.00K-70.00K
ChangesInAccountReceivables-1.19M527.00K-660.00K-70.00K
OtherNonCashItems4.44M1.07M514.00K417.74K
StockBasedCompensation779.00K2.52M2.79M
AssetImpairmentCharge828.00K0.000.00
DepreciationAmortizationDepletion9.71M9.08M1.90M756.76K
DepreciationAndAmortization9.71M9.08M1.90M756.76K
Depreciation9.71M9.08M1.90M756.76K
OperatingGainsLosses-1.13M-11.74M-35.50M
EarningsLossesFromEquityInvestments142.00K0.000.00
GainLossOnSaleOfPPE-1.43M-11.80M-36.09M
NetIncomeFromContinuingOperations-3.38M221.00K37.49M2.17M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for USEA
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