Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data GLOBUS MARITIME LTD files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
8.7
13.9
17.4
15.6
11.8
43.4
61.8
31.2
34.9
44.2
General and administrative
2.09
1.22
1.36
1.58
1.89
2.61
2.88
3.54
3.69
4.15
Operating income
-7.23
-4.02
-1.45
-33.6
-11.4
17.9
23.6
6.28
3.4
4.52
Interest expense
2.68
2.22
2.06
4.7
4.16
3.26
2.32
4.35
6.29
8.13
Net income
-9.83
-6.48
-3.57
-36.4
-17.4
15
24.3
5.27
0.43
-1.75
EBITDA
1.68
4.3
-27.4
-7.84
EPS, basic
-3,793.00
-252.36
-111.60
-873.36
-18.11
1.01
1.18
0.26
0.02
-0.08
EPS, diluted
-3,793.00
-252.36
-111.60
-873.36
-18.11
1.01
1.18
0.26
0.02
-0.08
Balance sheet
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
0.16
2.76
0.05
2.37
19
45.2
52.8
74.2
46.8
26.3
Receivables
0.24
0.18
0.58
0.24
0.15
1
0.11
1.15
1.11
0.65
Inventory
0.52
0.66
0.65
1.55
1.25
0.85
3.03
1.26
1.23
2.22
Total current assets
2.15
4.23
2.79
5.49
22.3
49.9
62.3
79.3
53
31
Lease right-of-use assets
0
0.56
0.45
0.89
0.49
0.18
0.85
0
Total assets
94
91.6
86.7
55.7
86.4
186
225
231
321
289
Accounts payable
4.76
4.26
6.43
4.74
4.76
1.1
3.55
0.36
3.59
1.97
Total current liabilities
31.1
47.6
43.2
8.73
13.1
12.1
16.9
9.5
34.6
11.3
Lease liabilities
0
0.47
0.37
0.56
0.19
0
0.53
0
Total liabilities
73.2
47.6
45.6
45.8
44.3
39.2
54.8
55.4
145
113
Total debt
65.6
41.5
36.9
37.7
36.6
31.5
44.3
Paid-in capital
110
140
140
146
195
284
284
284
284
286
Retained earnings
-89.3
-95.7
-99.3
-136
-153
-138
-114
-109
-108
-110
Total equity
20.8
44
41.1
9.88
42.1
146
171
176
176
176
Total liabilities and equity
94
91.6
86.7
55.7
86.4
186
225
231
321
289
Cash flow statement
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-9.83
-6.48
-3.57
-36.4
-17.4
15
24.3
5.27
0.43
-1.75
Depreciation and amortization
5.69
5.74
6.28
3.59
Cash from operations
-3.6
0.63
3.85
0.21
-6.24
20.8
26.9
-4.46
11.3
11.4
Capital expenditures
0
-0.25
-0.03
-0.05
-0.05
-71.6
0
0
-105
0
Cash from investing
0.36
-0.26
-0.13
-0.02
-18.5
-72
-29
18.5
-98.9
-17
Debt issued
5.95
0.28
15.7
43.7
0
34.3
18
25
76
1.4
Debt repaid
-3.1
-4.4
-19.5
-1.83
0
-3.99
-5.38
-6.25
-7.04
-8.23
Stock issued
0
9.65
0.6
0
49.3
89.6
0
0
1.34
Dividends paid
-0.01
0
0
0
0
0
0
Cash from financing
1.4
2.23
-6.44
2.13
41.5
77.4
9.72
7.37
60.3
-15
Free cash flow
-3.6
0.39
3.83
0.16
-6.3
-50.9
26.9
-4.46
-93.8
11.4
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $3.44 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Operating margin
10.2%
Operating income / revenue.
Net margin
-4.0%
Net income / revenue.
FCF margin
25.7%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
25.7%
Cash from operations / revenue.
Return on assets (ROA)
-0.6%
Net income / average total assets.
Capex / revenue
0.0%
Capital expenditures / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
26.8%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
-10.5%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
30.3%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y
32.8%
Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y
-42.4%
Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income growth, 1y
-505.3%
Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y
-500.0%
EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
0.7%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y
-25.0%
Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 3y
-25.0%
Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
-10.0%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
8.6%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
27.3%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
2.74x
Current assets / current liabilities.
Quick ratio
2.38x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
2.32x
(Cash + short-term investments) / current liabilities.
Liabilities / assets
39.1%
Total liabilities / total assets.
Interest coverage
0.56x
Operating income / interest expense.
Working capital
$19.7M
Current assets - current liabilities.
Efficiency
Metric
Value
How it is calculated
Asset turnover
0.14x
Revenue / average total assets.
Receivables turnover
50.0x
Revenue / average receivables.
Days sales outstanding
7 days
365 x average receivables / revenue.
Capex / operating cash flow
0.0%
Capital expenditures / cash from operations, when that is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$0.08
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
-$0.08
Net income per basic share, as reported (split-adjusted).
Valuation
Metric
Value
How it is calculated
Market cap
$74.2M
Share price x shares outstanding.
Enterprise value
$48.0M
Market cap + total debt - cash - short-term investments.
P/S
1.68x
Market cap / revenue.
P/FCF
6.53x
Market cap / free cash flow. Only when free cash flow is positive.
P/OCF
6.53x
Market cap / cash from operations, when positive.
EV/Sales
1.09x
Enterprise value / revenue.
EV/EBIT
10.6x
Enterprise value / operating income, when both are positive.
EV/FCF
4.22x
Enterprise value / free cash flow, when both are positive.
FCF yield
15.3%
Free cash flow / market cap.
Earnings yield
-2.4%
Net income / market cap (the inverse of P/E).
What was GLOBUS MARITIME LTD's revenue in fiscal 2025?
GLOBUS MARITIME LTD reported revenue of $44.2M for fiscal 2025, 26.8% higher than the year before.
Was GLOBUS MARITIME LTD profitable in fiscal 2025?
No. It reported a net loss of $1.7M.
How much free cash flow did GLOBUS MARITIME LTD generate in fiscal 2025?
Cash from operations of $11.4M minus capital expenditures of $0.0 left free cash flow of $11.4M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.