Globus Maritime Reports $12.6M Revenue and $0.7M Net Income in Q3 2025
- Revenue Growth: In Q3 2025, Globus reported revenue of $12.6 million, a 41% increase from the same period in 2024, primarily driven by a higher average number of vessels operated, indicating a recovery in market demand.
- Net Profit Turnaround: The company achieved a net income of $0.7 million in Q3, compared to a net loss of $0.55 million in Q3 2024, reflecting improved profitability amid market recovery.
- Adjusted EBITDA Performance: Adjusted EBITDA for Q3 reached $5.5 million, significantly up from $2.9 million in the previous year, demonstrating enhancements in cost control and operational efficiency.
- Financing Arrangements: The company secured a $25 million loan facility for two new Ultramax vessels scheduled for delivery in the second half of 2026, enhancing future operational flexibility and market competitiveness.
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U.S. Stock Futures: U.S. stock futures are trading lower, with several companies expected to report earnings today, including MongoDB Inc. and Vestis Corp.
Earnings Expectations: MongoDB is anticipated to report earnings of 80 cents per share on revenue of $591.52 million, while Vestis Corp. is expected to post earnings of 6 cents per share on revenue of $678.30 million.
Globus Maritime Performance: Globus Maritime Ltd. exceeded expectations by posting earnings of 4 cents per share and quarterly sales of $12.596 million, leading to a 2.3% increase in share price.
Other Earnings Reports: Hafnia Ltd. and Credo Technology Group are also set to report earnings, with projections of 18 cents and 49 cents per share, respectively, after the market closes.
- Revenue Growth: In Q3 2025, Globus reported revenue of $12.6 million, a 41% increase from the same period in 2024, primarily driven by an increase in the number of vessels operated, indicating a recovery in market demand.
- Net Income Turnaround: The company achieved a net income of $0.7 million in Q3, a significant improvement from a loss of $0.55 million in the same quarter last year, reflecting effective utilization of its modern fleet amid market recovery.
- Adjusted EBITDA Performance: The adjusted EBITDA for Q3 stood at $5.5 million, showcasing improvements in cost control and operational efficiency, which strengthens the foundation for future profitability.
- Financing Arrangements: The company has secured a $25 million loan facility for two new Ultramax vessels scheduled for delivery in the second half of 2026, further enhancing operational flexibility and competitive positioning in the market.
- Revenue Growth: In Q3 2025, Globus reported revenue of $12.6 million, a 41% increase from the same period in 2024, primarily driven by a higher average number of vessels operated, indicating a recovery in market demand.
- Net Profit Turnaround: The company achieved a net income of $0.7 million in Q3, compared to a net loss of $0.55 million in Q3 2024, reflecting improved profitability amid market recovery.
- Adjusted EBITDA Performance: Adjusted EBITDA for Q3 reached $5.5 million, significantly up from $2.9 million in the previous year, demonstrating enhancements in cost control and operational efficiency.
- Financing Arrangements: The company secured a $25 million loan facility for two new Ultramax vessels scheduled for delivery in the second half of 2026, enhancing future operational flexibility and market competitiveness.

Earnings Performance: Globus Maritime reported a Q3 GAAP EPS of $0.04, exceeding expectations by $0.16.
Revenue Growth: The company achieved a revenue of $12.6 million, reflecting a year-over-year increase of 40.8% and surpassing estimates by $2.1 million.
Seeking Alpha Rating: The article mentions Seeking Alpha’s Quant Rating on Globus Maritime, indicating interest in the company's financial performance.
Historical Data: The press release includes references to historical earnings data and financial information for Globus Maritime.

Market Sentiment: The CNN Money Fear and Greed index remains in the “Extreme Fear” zone, currently at 18.3, indicating a negative market sentiment despite some positive movements in U.S. stocks.
Stock Performance: U.S. stocks saw gains on Wednesday, with the Dow Jones rising over 300 points, driven by strong performances from Dell Technologies and Robinhood Markets, which surged 5.8% and 11% respectively.
Economic Indicators: Initial jobless claims decreased to 216,000, suggesting easing layoffs, while durable goods orders rose by 0.5% in September. However, the Chicago PMI fell to 36.3, indicating a contraction in manufacturing activity.
Sector Trends: Most sectors in the S&P 500 closed positively, particularly utilities, information technology, and materials, while communication services and health care sectors experienced declines.

Chagee Holdings Earnings Report: Chagee Holdings Ltd. is expected to report quarterly earnings of 40 cents per share on revenue of $458.31 million, with shares rising 0.4% to $14.19 in after-hours trading.
Tilray Brands Stock Split: Tilray Brands Inc. announced a 1-for-10 reverse stock split, resulting in a 16% drop in shares to $0.86 in after-hours trading.
Globus Maritime Earnings Expectations: Analysts predict Globus Maritime Ltd. will post a quarterly loss of 12 cents per share on revenue of $10.50 million, with shares increasing 1.5% to $1.36 in after-hours trading.
Post Holdings Share Buyback: Post Holdings Inc. has authorized a $500 million share buyback program, leading to a 1.8% increase in shares to $102.82.







