Reports Q2 revenue $2M vs $1.5M last year. Petros Panagiotidis, Chief Executive Officer of the Company, commented: “The second quarter of 2025 marked our first full quarter as an independent public company, following the successful completion of our spin-off from Toro and our listing on Nasdaq on April 15, 2025. Since then, we have strengthened our financial position by raising capital, maintaining a debt-free balance sheet, and leveraging our strong liquidity to acquire two LPG vessels-effectively tripling our fleet within a short timeframe. We also adopted a Bitcoin treasury strategy, underscoring our long-term vision to diversify and further reinforce the Company’s financial flexibility. Looking ahead, we remain focused on pursuing profitable growth opportunities and delivering sustainable long-term value to our shareholders.”
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