Globus Maritime Limited (GLBS)

Globus Maritime Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	34.87	31.21	61.76	43.38	11.75
Revenue Growth (YoY)	11.74%	-49.47%	42.35%	269.11%	-24.77%
Cost of Revenue	19.65	24.21	28.03	17.69	12.41
Gross Profit	15.22	6.99	33.72	25.69	-0.65
Selling, General & Admin	7.48	4.25	4.29	3.97	3.81
Operating Expenses	13.72	8.98	9.89	7.92	6.24
Operating Income	1.5	-1.99	23.84	17.77	-6.9
Interest Expense	-5.8	-4	-2.27	-2.56	-4.06
Interest & Investment Income	2.77	2.63	0.38	0.01	0.02
Currency Exchange Gain (Loss)	0.09	-0.09	0.07	0.08	-0.16
Other Non Operating Income (Expenses)	0.14	0.09	2.43	0.08	-1.74
EBT Excluding Unusual Items	-1.3	-3.35	24.44	15.38	-12.85
Gain (Loss) on Sale of Assets	0	3.88	-	-	-
Asset Writedown	1.89	4.4	-	-	-4.62
Other Unusual Items	-0.16	0.34	-0.16	-0.6	-
Pretax Income	0.43	5.27	24.28	14.95	-17.37
Net Income	0.43	5.27	24.28	14.95	-17.37
Net Income to Common	0.43	5.27	24.28	14.95	-17.37
Net Income Growth	-91.83%	-78.29%	62.41%	-	-
Shares Outstanding (Basic)	21	21	21	15	1
Shares Outstanding (Diluted)	21	21	21	15	1
Shares Change (YoY)	-	-	38.98%	1444.02%	2204.45%
EPS (Basic)	0.02	0.26	1.18	1.01	-18.11
EPS (Diluted)	0.02	0.26	1.18	1.01	-18.11
EPS Growth	-91.83%	-78.29%	16.86%	-	-
Free Cash Flow	-101.9	-23.73	-2.48	-51.22	-24.8
Free Cash Flow Per Share	-4.95	-1.15	-0.12	-3.46	-25.86
Gross Margin	43.64%	22.41%	54.61%	59.23%	-5.56%
Operating Margin	4.30%	-6.36%	38.60%	40.97%	-58.68%
Profit Margin	1.24%	16.89%	39.32%	34.46%	-147.81%
Free Cash Flow Margin	-292.23%	-76.04%	-4.01%	-118.07%	-211.02%
EBITDA	7.42	2.43	29.11	21.48	-4.61
EBITDA Margin	21.29%	7.78%	47.14%	49.51%	-39.23%
D&A For EBITDA	5.92	4.41	5.27	3.7	2.29
EBIT	1.5	-1.99	23.84	17.77	-6.9
EBIT Margin	4.30%	-6.36%	38.60%	40.97%	-58.68%
Revenue as Reported	34.87	31.21	61.76	43.38	11.75

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q