United Maritime Corporation (USEA)
| Market Cap | 21.84M +101.1% |
| Revenue (ttm) | 37.79M -16.8% |
| Net Income | -6.19M |
| EPS | -0.70 |
| Shares Out | 9.54M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.23 (10.04%) |
| Ex-Dividend Date | Mar 27, 2026 |
| Volume | 13,044 |
| Open | 2.310 |
| Previous Close | 2.300 |
| Day's Range | 2.250 - 2.368 |
| 52-Week Range | 1.202 - 2.390 |
| Beta | 0.65 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 18, 2026 |
About USEA
United Maritime Corporation, a shipping company, offers seaborne transportation services worldwide. The company operates a fleet of six dry bulk vessels comprising one Capesize, two Kamsarmax and three Panamax vessels with an aggregate cargo-carrying capacity of approximately 577,750 dwt. United Maritime Corporation was incorporated in 2022 and is based in Glyfada, Greece.
Financial Performance
In 2025, United Maritime's revenue was $37.79 million, a decrease of -16.84% compared to the previous year's $45.44 million. Losses were -$6.19 million, 82.9% more than in 2024.
Financial StatementsNews
United Maritime Announces Availability of its 2025 Annual Report on Form 20-F
GLYFADA, Greece, April 09, 2026 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA) announced today that its Annual Report on Form 20-F for the fiscal year ended...
United Maritime Earnings Call Transcript: Q4 2025
Q4 2025 saw lower revenues and a net loss amid fleet optimization, but strategic asset sales and new Capesize acquisitions are set to boost earnings and cash flow. Market fundamentals are strong, with fixed-rate charters providing visibility and continued shareholder returns.
United Maritime reports Q4 adjusted EPS (17c) vs (9c) last year
Reports Q4 revenue $6.6M vs $10.8M last year. Stamatis Tsantanis, the Company’s Chairman & Chief Executive Officer, stated: “During the fourth quarter and into early 2026, United Maritime (USEA) execu...
United Maritime Reports Fourth Quarter and Full-Year 2025 Financial Results
Delivers 13th Consecutive Quarterly Dividend; Expands Capesize Exposure and Reallocates Capital to Strengthen Earnings and Free Cash Flow
United Maritime to sell investment in JV owning Energy Construction Vessel
United Maritime (USEA) announced a series of coordinated transactions that materially upgrade its earnings profile, enhance free cash flow potential, and underscore United’s disciplined, return-focuse...
United Maritime Executes Value-Accretive Transactions, Generating Significant Liquidity and Investment in Capesize Sector
GLYFADA, Greece, Feb. 17, 2026 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA) announced today a series of coordinated transactions that materially upgrade i...
United Maritime reports Q3 adjusted EPS 18c vs (3c) last year
Reports Q3 revenue $10.966M vs $11.566M last year. Stamatis Tsantanis, the Company’s Chairman & Chief Executive Officer, stated: “We delivered solid profitability in Q3 while continuing to optimize ou...
United Maritime completes strategic divestment from older vessels
United Maritime (USEA) completed the divestment of its oldest Capesize vessel, M/V Goodship, finalizing the Company’s exit from vintage tonnage as part of its long-term fleet renewal plan. On Septembe...
United Maritime Earnings Call Transcript: Q2 2025
Q2 2025 saw stable revenues and improved profitability, driven by a dry bulk market rebound and strategic vessel sales. Increased investment in offshore energy, ongoing capital returns, and a positive market outlook position the company for further growth.
United Maritime reports Q2 adjusted EPS 2c vs 9c last year
Reports Q3 revenue $12.5M vs $12.4M last year. Stamatis Tsantanis, the Company’s Chairman & Chief Executive Officer, stated: “In the second quarter of 2025 United Maritime (USEA) achieved a daily…
United Maritime Reports Second Quarter and First Half Financial Results for the Periods Ended June 30, 2025
Declares Quarterly Cash Dividend of $0.03 Per Share Highlights (in million USD, except EPS & LPS) Q2 2025 Q2 2024 6M 2025 6M 2024 Net Revenues $12.5 $12.4 $20.2 $23.0 Net income / (l...
United Maritime reports Q1 adjusted EPS (50c) vs. (13c) last year
Reports Q1 revenue $7.8M vs. $10.6M last year. Stamatis Tsantanis, CEO stated: “For the first quarter of 2025 United reported Net Revenue of $7.8 million and EBITDA of $0.7 million,…
United Maritime Announces the Date for the First Quarter Ended March 31, 2025, Financial Results
Earnings Release: Thursday, May 22, 2025, Before Market Open in New York GLYFADA, Greece, May 19, 2025 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA), annou...
United Maritime Announces Availability of its 2024 Annual Report on Form 20-F
GLYFADA, Greece, April 11, 2025 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA) announced today that its Annual Report on Form 20-F for the fiscal year ended...
United Maritime Earnings Call Transcript: Q4 2024
Q4 2024 saw lower net revenue but higher adjusted EBITDA, with a net loss due to softer Panamax markets and fewer vessel sale profits. The company maintained strong capital returns, optimized its fleet, and entered the offshore sector, with a positive outlook for 2025.
United Maritime reports Q4 adjusted EPS (8c) vs. (7c) last year
Reports revenue $10.8M vs. $11.6M last year. Stamatis Tsantanis, the Company’s Chairman & Chief Executive Officer, stated: “United achieved significant progress in 2024, successfully executing our str...
United Maritime Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2024 and Declares Quarterly Cash Dividend of $0.01 Per Share
Highlights (in million USD, except LPS & EPS) Q4 2024 Q4 2023 12M 2024 12M 2023 Net Revenues $10.8 $11.6 $45.4 $36.1 Net (loss) / income ($1.8) ($0.7) ($3.4) $0.2 Adjusted net (loss) /...
United Maritime announces sale of M/V Gloriuship for $15M
The Company has entered into a definitive agreement with an unaffiliated third party for the sale of its 171,314 dwt Capesize vessel, M/V Gloriuship, built in 2004. The vessel is…
United Maritime board authorizes extension of share repurchase plan
The program, previously set to expire on December 31, 2024, has been extended for a further 12-month period. Under the program, the Company may repurchase up to $3.0 million of…
United Maritime integrates M/V Synthesea into DeepSea AI platform
The integration of M/V Synthesea into the partnership with DeepSea equips the vessel with AI-driven solutions for real-time monitoring and optimization of energy consumption, fuel usage, and performan...
United Maritime reports Q3 adjusted EPS (3c) vs. 95c last year
Reports Q3 revenue $11.6M vs. $11.7M last year. Stamatis Tsantanis, CEI, stated: “In the third quarter of 2024, United continued to deliver value to shareholders, announcing our eighth consecutive qua...
United Maritime Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2024 and Declares Cash Dividend of $0.075 Per Share
__________________________ 1 Adjusted (loss) / earnings per share, Adjusted Net (loss) / income, EBITDA and Adjusted EBITDA are non-GAAP measures. Please see the reconciliation below of Adjusted (loss...
United Maritime Announces the Date for the Third Quarter and Nine Months Ended September 30, 2024, Financial Results
Earnings Release: Tuesday, November 26, 2024, Before Market Open in New York Earnings Release: Tuesday, November 26, 2024, Before Market Open in New York
United Maritime Earnings Call Transcript: Q2 2024
Q2 2024 saw a return to profitability with $0.7M net income and 24% revenue growth year-over-year, supported by strong Capesize rates and expanded fleet. Dividend yield remains high, and new investments in offshore energy and vessel acquisitions position the company for further growth.
United Maritime reports Q2 EPS 7c vs (37c) last year
Reports Q2 revenue $12.443M vs $10.011M last year. Stamatis Tsantanis, the Company’s Chairman & Chief Executive Officer, stated: “We are delighted to announce United’s return to profitability in the s...