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Globus Maritime Limited logo

Globus Maritime Limited

GLBS

NASDAQIndustrialsMarine Shipping

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Previous close

$3.74

+$0.12 · +3.31%

Aug 21, 4:00 PM ET

GLBS company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

72

Undervalued

Momentum

70

Gaining

Sentiment

65

Bullish

Risk resilience

51

Elevated Risk

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Company profile

Company website

Globus Maritime Limited (GML) is an international dry bulk shipping firm that specializes in providing worldwide marine transportation services. The company owns, manages, and operates a fleet of dry bulk carriers, which are essential for shipping a variety of raw materials and commodities, including iron ore, coal, grain, steel products, cement, alumina, and other bulk cargoes. As of March 31, 2022, GML's fleet consisted of nine vessels with a combined carrying capacity of 626,257 deadweight tons (DWT). These vessels are chartered out to a diverse range of clients, such as maritime operators, trading firms, other shipping companies, various producers, and government-owned organizations. Founded in 2006, Globus Maritime Limited is headquartered in Athens, Greece, and operates as a subsidiary of Firment Trading Limited.

Industry
Marine Shipping
Sector
Industrials
Headquarters
GR
CEO
Athanasios K. Feidakis
Listed since
Mar 11, 2008
Employees
25

Market position

Day range

Current $3.74

52-week range

Current $3.74

Open
$3.63
Previous close
$3.62
Volume
120.58K
0.81× average
Average volume
149.32K
Average daily volume
Market cap
80.72M USD
Beta
0.28
Market reference 1
50-day average
$3.0446
+22.84% above average
200-day average
$2.1064
+77.56% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
11.82×
P/B (TTM)
0.45×
P/S (TTM)
1.53×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
31.36%
Operating margin
20.95%
Net margin
12.72%

Financial health

Debt / equity
0.59×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends56%34%12%-9%Gross margin, FY2021: 50.22%Gross margin, FY2022: 45.54%Gross margin, FY2023: 7.27%Gross margin, FY2024: 18.96%Gross margin, FY2025: 20.87%Operating margin, FY2021: 41.36%Operating margin, FY2022: 38.27%Operating margin, FY2023: 20.12%Operating margin, FY2024: 9.75%Operating margin, FY2025: 5.42%Net margin, FY2021: 34.46%Net margin, FY2022: 39.32%Net margin, FY2023: 16.89%Net margin, FY2024: 1.24%Net margin, FY2025: -3.95%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 50.22%. Gross margin FY2022 45.54%. Gross margin FY2023 7.27%. Gross margin FY2024 18.96%. Gross margin FY2025 20.87%. Operating margin FY2021 41.36%. Operating margin FY2022 38.27%. Operating margin FY2023 20.12%. Operating margin FY2024 9.75%. Operating margin FY2025 5.42%. Net margin FY2021 34.46%. Net margin FY2022 39.32%. Net margin FY2023 16.89%. Net margin FY2024 1.24%. Net margin FY2025 -3.95%.

Income trends

Revenue

44.21M USD+26.77%

Operating income

2.4M USD-29.48%

Net income

−1.75M USD−2.18M USD
Income trends across reported periods68.11M USD42.7M USD17.3M USD−8.1M USDRevenue, FY2021: 43.38M USDRevenue, FY2022: 61.76M USDRevenue, FY2023: 31.21M USDRevenue, FY2024: 34.87M USDRevenue, FY2025: 44.21M USDOperating income, FY2021: 17.94M USDOperating income, FY2022: 23.63M USDOperating income, FY2023: 6.28M USDOperating income, FY2024: 3.4M USDOperating income, FY2025: 2.4M USDNet income, FY2021: 14.95M USDNet income, FY2022: 24.28M USDNet income, FY2023: 5.27M USDNet income, FY2024: 431K USDNet income, FY2025: −1.75M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 43.38M USD. Revenue FY2022 61.76M USD. Revenue FY2023 31.21M USD. Revenue FY2024 34.87M USD. Revenue FY2025 44.21M USD. Operating income FY2021 17.94M USD. Operating income FY2022 23.63M USD. Operating income FY2023 6.28M USD. Operating income FY2024 3.4M USD. Operating income FY2025 2.4M USD. Net income FY2021 14.95M USD. Net income FY2022 24.28M USD. Net income FY2023 5.27M USD. Net income FY2024 431K USD. Net income FY2025 −1.75M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue44.21M USD34.87M USD31.21M USD61.76M USD43.38M USD
Cost of goods sold34.98M USD28.26M USD28.94M USD33.63M USD21.6M USD
Gross profit9.23M USD6.61M USD2.27M USD28.12M USD21.78M USD
Selling, general, and administrative3.83M USD4.9M USD2.05M USD4M USD3.83M USD
Operating expenses6.83M USD3.21M USD717K USD4.49M USD3.84M USD
Interest income1.53M USD2.77M USD2.63M USD375K USD8K USD
Interest expense7.97M USD6.13M USD4.3M USD2.36M USD3.26M USD
Depreciation and amortization14.53M USD9.74M USD8.91M USD10.25M USD6.66M USD
Operating income2.4M USD3.4M USD6.28M USD23.63M USD17.94M USD
Net income−1.75M USD431K USD5.27M USD24.28M USD14.95M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
+114.55%
11 comparable reports
Latest EPS result
0.19
Estimate 0.1 · Beat by 90.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.230.08-0.07-0.22Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 14, 2025: actual -0.1, estimate -0.09, surprise -11.11%, Miss. Q2 2025, reported Jun 16, 2025: actual -0.07, estimate -0.09, surprise +22.22%, Beat. Q3 2025, reported Sep 19, 2025: actual -0.09, estimate -0.18, surprise +50.00%, Beat. Q4 2025, reported Nov 28, 2025: actual 0.04, estimate -0.12, surprise +133.33%, Beat. Q1 2026, reported Mar 16, 2026: actual 0.05, estimate -0.09, surprise +155.56%, Beat. Q2 2026, reported Jun 10, 2026: actual 0.05, estimate -0.05, surprise +200.00%, Beat. Q3 2026, reported Aug 7, 2026: actual 0.19, estimate 0.1, surprise +90.00%, Beat. Q4 2026, reported Nov 27, 2026: actual —, estimate 0.16, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates17.16M14.09M11.01M7.94MQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 14, 2025: actual 8.7M USD, estimate 9.1M USD, surprise -4.40%, Miss. Q2 2025, reported Jun 16, 2025: actual 8.6M USD, estimate 10.7M USD, surprise -19.63%, Miss. Q3 2025, reported Sep 19, 2025: actual 9.54M USD, estimate 8.8M USD, surprise +8.39%, Beat. Q4 2025, reported Nov 28, 2025: actual 12.6M USD, estimate 10.5M USD, surprise +19.96%, Beat. Q1 2026, reported Mar 16, 2026: actual 13.5M USD, estimate 11.6M USD, surprise +16.38%, Beat. Q2 2026, reported Jun 10, 2026: actual 12.25M USD, estimate 10.4M USD, surprise +17.77%, Beat. Q3 2026, reported Aug 7, 2026: actual 14.61M USD, estimate 13.9M USD, surprise +5.11%, Beat. Q4 2026, reported Nov 27, 2026: actual —, estimate 16.5M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$5.00

33.69% upside
Past 12 months12-month forecastHigh $5.00Average $5.00Low $5.00

Rating distribution

3 ratings

Limited analyst sample: 3 ratings. Interpret the distribution with caution.

Strong buy00%
Buy3100%
Hold00%
Sell00%
Strong sell00%

Corporate actions

Corporate action history

Stock split

Effective Oct 21, 2020

1:100

Stock split

Effective Oct 15, 2018

1:10

Stock split

Effective Oct 20, 2016

1:4

Stock split

Effective Nov 26, 2010

1:4

Stock split

Effective Jul 29, 2010

1:4

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