Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 76.44M | 66.24M | 97.52M | 262.10M | 132.05M | 12.49M |
Gross Profit | 26.50M | 19.65M | 28.47M | 140.26M | 65.53M | 2.55M |
EBITDA | 93.72M | 34.53M | 55.71M | 90.06M | 69.99M | 2.36M |
Net Income | 73.04M | 14.62M | 38.64M | 118.56M | 40.50M | -1.75M |
Balance Sheet | ||||||
Total Assets | 563.21M | 797.38M | 605.04M | 632.92M | 462.91M | 74.37M |
Cash, Cash Equivalents and Short-Term Investments | 233.44M | 157.02M | 188.47M | 142.37M | 37.17M | 8.93M |
Total Debt | 1.62M | 111.32M | 83.39M | 151.84M | 102.04M | 18.19M |
Total Liabilities | 7.42M | 171.91M | 94.31M | 171.43M | 119.98M | 21.99M |
Stockholders Equity | 555.79M | 570.13M | 461.18M | 461.50M | 342.93M | 52.38M |
Cash Flow | ||||||
Free Cash Flow | 11.89M | -30.26M | 41.97M | 47.35M | -287.87M | -37.82M |
Operating Cash Flow | 42.57M | 41.91M | 42.59M | 123.75M | 60.78M | -2.34M |
Investing Cash Flow | 139.00M | -133.48M | -9.12M | -63.74M | -348.64M | -35.47M |
Financing Cash Flow | -105.04M | 59.56M | -64.88M | 48.90M | 321.82M | 42.18M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
68 Neutral | 23.37M | 0.95 | 15.89% | ― | -7.48% | 3.08% | |
59 Neutral | 25.35M | 5.04 | 3.49% | ― | 3.83% | 0.00% | |
56 Neutral | 15.55M | -2.34 | -5.63% | 7.38% | -7.89% | -186.18% | |
54 Neutral | $21.26M | 2.34 | -5.58% | ― | -29.15% | -118.42% | |
50 Neutral | 34.54M | -2.35 | -9.69% | ― | -13.96% | -498.96% | |
47 Neutral | 25.11M | -4.26 | 0.24% | ― | 11.80% | -186.40% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
On September 12, 2025, Castor Maritime Inc. held its 2025 Annual General Meeting of Shareholders in Limassol, Cyprus, where key proposals were approved. These included the re-election of Mr. Dionysios Makris as Class B Director until 2028 and the appointment of Deloitte Certified Public Accountants S.A. as independent auditors for the fiscal year 2025. These decisions reflect the company’s ongoing commitment to maintaining strong governance and financial oversight.
On August 11, 2025, Castor Maritime Inc. reported a challenging first quarter for 2025, with total vessel revenues dropping by 44.6% to $11.3 million compared to the same period in 2024. The company faced a net loss of $23.3 million, primarily due to unrealized losses from equity investments. Despite the decrease in revenues and net income, Castor Maritime successfully repaid a $100 million loan from Toro Corp., enhancing its financial flexibility and reducing leverage. The company remains focused on strategic growth in the shipping and energy sectors, despite the softer conditions in the dry bulk market.
On July 29, 2025, Castor Maritime Inc. completed a sale and leaseback transaction for the M/V Magic Thunder, a 2011-built Kamsarmax bulk carrier vessel, with a Japanese counterparty. The transaction, valued at $14.6 million, includes a five-year bareboat charter and a purchase option starting at the end of the second year, potentially enhancing Castor’s financial flexibility and operational strategy.
On July 29, 2025, Castor Maritime Inc. announced that its 2025 Annual General Meeting of Shareholders will be held on September 12, 2025, in Limassol, Cyprus. The announcement sets the record date for shareholders entitled to vote at the meeting as July 14, 2025. This meeting is a significant event for the company as it provides an opportunity for shareholders to engage with the company’s leadership and discuss future strategies, potentially impacting the company’s operations and market positioning.
Castor Maritime Inc., through its subsidiary MPCC CSI LTD., has increased its stake in MPC Container Ships ASA by acquiring an additional 3.44% of shares. This acquisition, completed on July 4, 2025, raises the collective holdings of MPC Capital AG and its affiliates in MPCC to 20.12%, enhancing their influence and voting rights within the company.