Globus Maritime (GLBS) AI Stock Analysis

• Market Cap: $23.67M
• Dividend Yield: N/A
• Average Volume (3M): 230.85K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.42
• Revenue Growth: 11.80%
• EPS Growth: -186.40%
• Country: US
• Employees: 25
• Sector: Industrials
• Sector Strength: 72
• Industry: Marine Shipping
• EPS (TTM): -0.09
• Shares Outstanding: 20,582,300
• 10 Day Avg. Volume: 76,818
• 30 Day Avg. Volume: 230,854
• PEG Ratio: -0.61
• Price to Book (P/B): 0.14
• Price to Sales (P/S): 0.69
• P/FCF Ratio: -0.24
• Enterprise Value/Market Cap: 3.70
• Enterprise Value/Revenue: 2.44
• Enterprise Value/Gross Profit: 24.98
• Enterprise Value/Ebitda: 7.00
• 1Y Price Target: $3.00
• Price Target Upside: 154.24% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: $1.00 ▼(-15.25% Downside)

Globus Maritime's overall stock score is primarily impacted by its financial performance challenges, including negative profitability and cash flow issues. Technical analysis provides some positive signals with short-term bullish momentum, but valuation remains unattractive due to a negative P/E ratio. The absence of earnings call insights and corporate events means these factors do not influence the score.

Positive Factors

Revenue Growth

Despite profitability challenges, the company has managed to achieve revenue growth, indicating resilience in its business model and market demand.

Fleet Expansion

The expansion of the fleet supports potential for increased revenue generation and market share, positioning the company for future growth.

Operational Efficiency

A strong EBITDA margin indicates effective cost management and operational efficiency, which can support long-term profitability.

Negative Factors

Profitability Challenges

Negative profitability metrics highlight ongoing financial struggles, which could hinder reinvestment and growth opportunities.

Cash Flow Difficulties

Negative free cash flow suggests liquidity issues, limiting the company's ability to fund operations and invest in growth initiatives.

Market Challenges

Declining charter rates reflect challenging market conditions, which may pressure revenue and profitability in the medium term.

Globus Maritime Business Overview & Revenue Model

Company Description

Globus Maritime Ltd. is a shipping company that specializes in the transportation of dry bulk commodities. The company operates a fleet of modern vessels, primarily engaged in the transportation of iron ore, coal, and grains. With a focus on operational efficiency and environmental sustainability, Globus Maritime aims to provide reliable shipping services to clients across the globe, contributing to the global supply chain of essential goods.

How the Company Makes Money

Globus Maritime generates revenue primarily through the chartering of its vessels to customers in the shipping industry. The company operates on a spot market basis, where it enters into time charters or voyage charters, allowing it to earn revenue based on the duration of the charter or the specific voyages undertaken. Key revenue streams include time charters, which provide a steady income over a set period, and voyage charters, which can offer higher rates depending on market conditions. Additionally, the company may benefit from long-term contracts with major commodities producers, providing a stable revenue base. Any fluctuations in shipping rates, operational efficiency, and the global demand for dry bulk commodities are significant factors influencing its earnings.

Globus Maritime Financial Statement Overview

Summary

Globus Maritime shows moderate revenue growth and a stable balance sheet, with a healthy equity ratio and manageable debt levels. However, profitability and cash flow generation remain critical challenges, with negative net income and free cash flows. The company needs to enhance operational efficiency and cash conversion to improve its financial health and investor returns.

Income Statement

The TTM Gross Profit Margin is 11.96%, indicating low profitability relative to revenue. Net Profit Margin is negative at -2.10%, highlighting challenges in achieving net profitability. Revenue shows a moderate growth rate of 2.60% from the previous year, suggesting a slight improvement in sales. However, the EBIT Margin is 0.53% and EBITDA Margin is 48.15%, indicating operational efficiency issues but better performance before interest, taxes, depreciation, and amortization.

Balance Sheet

Debt-to-Equity Ratio is 0.77, representing a manageable level of leverage. Return on Equity (ROE) is negative at -0.43%, suggesting poor returns on shareholder investments. The Equity Ratio is 55.35%, indicating a strong equity base relative to total assets, providing financial stability.

Cash Flow

Operating Cash Flow to Net Income Ratio is negative, reflecting issues in converting income into cash flows. Free Cash Flow is negative, indicating challenges in generating excess cash after capital expenditures. The Free Cash Flow to Net Income Ratio is not meaningful due to negative values, highlighting cash flow management concerns.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	35.80M	34.87M	31.20M	61.76M	43.38M	11.75M
Gross Profit	3.50M	6.61M	2.27M	28.12M	21.78M	-3.05M
EBITDA	12.50M	16.30M	18.48M	36.89M	24.87M	-9.48M
Net Income	-5.90M	431.00K	5.27M	24.28M	14.95M	-17.37M
Balance Sheet
Total Assets	309.36M	320.99M	231.40M	225.46M	185.65M	86.44M
Cash, Cash Equivalents and Short-Term Investments	48.33M	46.84M	74.20M	52.83M	45.21M	19.04M
Total Debt	112.91M	137.95M	52.45M	44.83M	32.39M	37.11M
Total Liabilities	136.31M	144.59M	55.43M	54.76M	39.23M	44.35M
Stockholders Equity	173.05M	176.40M	175.97M	170.70M	146.42M	42.09M
Cash Flow
Free Cash Flow	-77.88M	-101.90M	-23.73M	-2.48M	-51.22M	-24.80M
Operating Cash Flow	4.73M	11.29M	-4.46M	26.91M	20.75M	-6.24M
Investing Cash Flow	-60.42M	-98.92M	18.46M	-29.01M	-71.96M	-18.54M
Financing Cash Flow	33.26M	60.27M	7.37M	9.72M	77.39M	41.46M

Globus Maritime Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.18
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GLBS, the sentiment is Positive. The current price of 1.18 is above the 20-day moving average (MA) of 1.17, above the 50-day MA of 1.12, and above the 200-day MA of 1.16, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.16 is Neutral, neither overbought nor oversold. The STOCH value of 49.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GLBS.

Globus Maritime Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PSHG	74 Outperform	$25.24M	1.02	21.39%	―	-7.48%	3.08%
TOPS	65 Neutral	$27.76M	2.60	7.94%	―	4.77%	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
EDRY	52 Neutral	$34.17M	-2.32	-14.42%	―	-13.96%	-498.96%
GLBS	51 Neutral	$23.67M	-4.01	-3.35%	―	11.80%	-186.40%
PXS	47 Neutral	$28.10M	-77.01	2.93%	―	-10.94%	-100.28%
CTRM	46 Neutral	$18.94M	-0.60	-8.88%	―	-19.63%	-144.86%

Globus Maritime Corporate Events

Globus Maritime Announces Shareholder Meeting Results and Strategic Decisions

On September 25, 2025, Globus Maritime Limited announced the results of its annual shareholders meeting held in Glyfada, Greece. The meeting approved the election of Mr. Georgios ‘George’ Feidakis as a Class III director, the appointment of Ernst & Young (Hellas) as independent auditors for the fiscal year ending December 31, 2025, and amendments to the company’s Articles of Incorporation to allow reverse stock splits. These decisions are expected to impact the company’s governance and financial structuring, potentially affecting its market positioning and shareholder value.

Globus Maritime Reports Q2 2025 Financial Results Amid Market Challenges

Globus Maritime Limited reported its financial results for the second quarter and first half of 2025, highlighting a net loss of $1.9 million in Q2 and $3.35 million for the first half, compared to net incomes in the same periods last year. Despite a 5% increase in revenue due to a larger fleet, the company faced a 22% decline in Time Charter Equivalent rates due to unfavorable market conditions. The company remains optimistic about future market dynamics and is focused on fleet renewal and securing competitive financing.

Globus Maritime Schedules Annual Shareholders Meeting for September 2025

Globus Maritime Limited announced that its annual meeting of shareholders will be held on September 25, 2025, at its offices in Glyfada, Greece. Shareholders of record as of July 31, 2025, are eligible to participate and vote at the meeting. This announcement is part of the company’s regular governance activities, ensuring shareholder engagement and compliance with corporate regulations.