Globus Maritime Limited(GLBS)Earnings, Financials & Key Ratios
GLBS•NASDAQ
$3.11
Price updated Jul 2, 2026
AboutGlobus Maritime Limited, an integrated dry bulk shipping company, provides marine transportation services worldwide. 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 March 31, 2022, the company's fleet included nine vessels with a total carrying capacity of 626,257 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. Globus Maritime Limited is a subsidiary of Firment Trading Limited.Show more
- Revenue$44M+26.8%
- EBITDA$17M+28.8%
- Net Income-$2M-505.3%
- EPS (Diluted)-0.08-504.3%
- Gross Margin20.88%+10.1%
- EBITDA Margin38.28%+1.6%
- Operating Margin5.42%-44.4%
- Net Margin-3.95%-419.7%
- ROE-0.99%-505.4%
GLBS Price & Volume
Globus Maritime Limited (GLBS) stock price & volume — 10-year historical chart
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Cyclical Revenue Gains Face Structural Profitability Hurdles
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Accelerating
Profitability:Strained
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Cyclical asset value volatility
Key Thesis Takeaways
- Globus Maritime exhibits a volatile growth profile driven by its nine-vessel dry bulk fleet, which has seen revenue expand by 42.1% year-over-year as of 2026Q1.
- However, the company's inability to maintain consistent net profitability, evidenced by a persistent $108.7 million deficit in retained earnings, suggests that operational gains are frequently offset by high maintenance costs and market sensitivity.
- Investors should remain cautious as the firm relies on external capital to fund fleet expansion rather than organic cash flow generation.
Verdict Logic
while the current ratio of 2.65 provides a sufficient liquidity buffer, the company's P/B ratio of 0.34 and history of negative net income suggest that the firm has yet to prove it can generate sustainable shareholder value through its core shipping operations.
GLBS Growth Metrics
Globus Maritime Limited (GLBS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years13.27%
5 Years30.34%
3 Years-10.55%
TTM33.71%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM209.57%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM199.44%
Return on Capital
10 Years-2.08%
5 Years6.4%
3 Years1.7%
Last Year0.85%
GLBS Recent Earnings
Globus Maritime Limited (GLBS) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 5/12 qtrs (42%)
Q3 2026Latest
Jun 10, 2026Metric
Actual
Est
EPS
$0.05+200.0%
$0.05
Rev
$12M+22.5%
$10M
Q2 2026
Mar 16, 2026Metric
Actual
Est
EPS
$0.05+155.6%
$0.09
Rev
$13M+13.8%
$12M
Q4 2025
Nov 28, 2025Metric
Actual
Est
EPS
$0.04+133.3%
$0.12
Rev
$13M+20.0%
$11M
Q4 2025
Sep 19, 2025Metric
Actual
Est
EPS
$0.09+50.0%
$0.18
Rev
$10M+0.4%
$10M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q3 2026Latest | Jun 10, 2026 | $0.05vs $0.05+200.0% | $12Mvs $10M+22.5% |
| Q2 2026 | Mar 16, 2026 | $0.05vs $0.09+155.6% | $13Mvs $12M+13.8% |
| Q4 2025 | Nov 28, 2025 | $0.04vs $0.12+133.3% | $13Mvs $11M+20.0% |
| Q4 2025 | Sep 19, 2025 | $0.09vs $0.18+50.0% | $10Mvs $10M+0.4% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Globus Maritime Limited (GLBS)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $3.11 | $67.12M | -36.80 | 26.77% | -3.95% | -0.99% | — | |
| $24.81 | $2.82B | 33.99 | -17.62% | 13.01% | 5.87% | — | |
| $71.04 | $2.03B | 7.41 | 0.76% | 24.86% | 10.52% | — | |
| $6.31 | $642.53M | 21.03 | -10.37% | 13.99% | 4.68% | — | |
| $13.34 | $281.66M | 13.21 | -5.59% | 9.74% | 5.63% | — | |
| $2.07 | $255.73M | 18.82 | -6.43% | 8.35% | 3.6% | — |
Compare GLBS vs Peers
Globus Maritime Limited (GLBS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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GLBS Frequently Asked Questions
Globus Maritime Limited (GLBS) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Globus Maritime Limited's revenue?
Globus Maritime Limited (GLBS) reported $47.8M in revenue for fiscal year 2025. This represents a 51% decrease from $98.6M in 2008.
How fast is Globus Maritime Limited growing?
Globus Maritime Limited (GLBS) grew revenue by 26.8% over the past year. This is strong growth.
Is GLBS profitable?
Yes, Globus Maritime Limited (GLBS) is profitable, generating $0.8M in net income for fiscal year 2025 (-4.0% net margin).
Dividend & Returns
What is GLBS's return on equity?
Globus Maritime Limited (GLBS) has a return on equity (ROE) of -1.0%. Negative ROE indicates the company is unprofitable.
What is Globus Maritime Limited's free cash flow?
Globus Maritime Limited (GLBS) generated $4.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.