United Maritime Corp. ( (USEA) ) has released its Q3 earnings. Here is a breakdown of the information United Maritime Corp. presented to its investors.
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United Maritime Corporation is an international shipping company specializing in the global transportation of dry bulk goods, operating a fleet of five vessels. Based in Glyfada, Greece, the company is listed on the Nasdaq Capital Market under the symbol ‘USEA’.
In its latest earnings report, United Maritime Corp. announced a quarterly cash dividend of $0.09 per share and highlighted a strategic investment in AI technology for ship management. The company reported net revenues of $11.0 million for Q3 2025, a slight decrease from $11.6 million in the same period last year.
Key financial metrics showed a net income of $1.1 million for the third quarter, a significant improvement from a net loss of $0.9 million in Q3 2024. Adjusted EBITDA increased to $5.4 million from $5.2 million year-over-year. The company also completed the profitable sale of older vessels, enhancing liquidity by approximately $18.8 million.
Strategically, United Maritime expanded its investment in an offshore energy construction vessel project and made a pre-seed investment in AI-driven maritime technology. These moves are aimed at optimizing operations and capturing future market opportunities.
Looking ahead, United Maritime remains optimistic about the dry bulk market, with a focus on enhancing shareholder value through strategic fleet management and technological advancements. The company anticipates favorable market conditions to continue supporting its operational and financial performance.