Globus Maritime (GLBS) AI Stock Analysis

• Market Cap: $34.99M
• Dividend Yield: N/A
• Average Volume (3M): 230.85K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.53
• Revenue Growth: 18.49%
• EPS Growth: -264.74%
• Country: US
• Employees: 25
• Sector: Industrials
• Sector Strength: 72
• Industry: Marine Shipping
• EPS (TTM): 0.04
• 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: 3.05
• Enterprise Value/Revenue: 2.70
• Enterprise Value/Gross Profit: 27.38
• Enterprise Value/Ebitda: 6.92
• 1Y Price Target: $3.00
• Price Target Upside: 76.47% 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: $1.50 ▼(-11.76% Downside)

Globus Maritime's stock score is primarily impacted by its financial performance challenges, including negative profitability and cash flow constraints. While technical indicators suggest some positive momentum, the valuation remains unattractive due to a negative P/E ratio and lack of dividends.

Positive Factors

Revenue Growth

Positive revenue growth indicates expanding operations and market demand, supporting long-term business sustainability and potential profitability improvements.

Leverage Management

Improved leverage management enhances financial stability, reducing risk and increasing the company's ability to invest in growth opportunities.

Strategic Developments

Securing financing for new vessels supports fleet expansion and operational capacity, positioning the company for future growth in the shipping market.

Negative Factors

Profitability Challenges

Persistent profitability challenges can hinder reinvestment and growth, impacting long-term financial health and shareholder returns.

Cash Flow Constraints

Negative cash flow growth limits the company's ability to fund operations and strategic initiatives, potentially affecting long-term sustainability.

Operational Inefficiencies

Declining operational efficiency can reduce competitive advantage, affecting profitability and the ability to capitalize on market opportunities.

Globus Maritime Business Overview & Revenue Model

Company Description

Globus Maritime Limited is a shipping company that operates in the dry bulk sector, primarily focused on the transportation of a variety of bulk commodities, including iron ore, coal, and grains. The company owns and operates a fleet of modern vessels, providing reliable and efficient shipping services to its global clientele. With a commitment to high operational standards and safety, Globus Maritime serves key markets and contributes to international trade through its shipping activities.

How the Company Makes Money

Globus Maritime generates revenue primarily through the chartering of its vessels to third-party customers. The company typically enters into time charters, where it leases its ships for a specified period, earning revenue based on the daily charter rate agreed upon. Additionally, Globus Maritime may engage in spot charters, which are more flexible and based on current market rates for immediate shipping needs. Key revenue streams include contracts with shipping companies, traders, and commodity producers, along with potential revenue from freight derivatives. The company's earnings can be influenced by factors such as shipping rates in the dry bulk market, operational efficiency, fleet utilization, and the overall demand for bulk commodities. Strategic partnerships with other shipping firms and commodity traders can also enhance revenue opportunities.

Globus Maritime Financial Statement Overview

Summary

Globus Maritime faces profitability and cash flow challenges, with a negative net profit margin and declining cash flow metrics. Despite some improvements in leverage, operational inefficiencies persist.

Income Statement

Globus Maritime's income statement shows a mixed performance. The TTM data indicates a gross profit margin of 9.88% and a negative net profit margin of -11.72%, highlighting profitability challenges. Revenue growth is positive at 10.19%, but EBIT and EBITDA margins have declined compared to previous years, suggesting operational inefficiencies.

Balance Sheet

The balance sheet reflects moderate financial stability. The debt-to-equity ratio has improved to 0.64 in the TTM, indicating better leverage management. However, the return on equity is negative at -2.65%, pointing to profitability issues. The equity ratio remains stable, suggesting a balanced asset structure.

Cash Flow

Cash flow analysis reveals significant challenges. The free cash flow growth rate is negative at -56.79% in the TTM, and the free cash flow to net income ratio is -6.40, indicating cash flow constraints. The operating cash flow to net income ratio is 0.38, showing limited cash generation from operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	39.44M	34.87M	31.20M	61.76M	43.38M	11.75M
Gross Profit	3.90M	6.61M	2.27M	28.12M	21.78M	-3.05M
EBITDA	15.42M	16.30M	18.48M	36.89M	24.87M	-9.48M
Net Income	-4.62M	431.00K	5.27M	24.28M	14.95M	-17.37M
Balance Sheet
Total Assets	289.79M	320.99M	231.40M	225.46M	185.65M	86.44M
Cash, Cash Equivalents and Short-Term Investments	25.76M	46.84M	74.20M	52.83M	45.21M	19.04M
Total Debt	110.42M	137.95M	52.45M	44.83M	32.39M	37.11M
Total Liabilities	116.02M	144.59M	55.43M	54.76M	39.23M	44.35M
Stockholders Equity	173.78M	176.40M	175.97M	170.70M	146.42M	42.09M
Cash Flow
Free Cash Flow	-33.65M	-101.90M	-23.73M	-2.48M	-51.22M	-24.80M
Operating Cash Flow	5.26M	11.29M	-4.46M	26.91M	20.75M	-6.24M
Investing Cash Flow	-47.82M	-98.92M	18.46M	-29.01M	-71.96M	-18.54M
Financing Cash Flow	8.61M	60.27M	7.37M	9.72M	77.39M	41.46M

Globus Maritime Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.70
• 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 1.7 is above the 20-day moving average (MA) of 1.59, above the 50-day MA of 1.35, and above the 200-day MA of 1.18, indicating a bullish trend. The MACD of 0.09 indicates Positive momentum. The RSI at 61.25 is Neutral, neither overbought nor oversold. The STOCH value of 62.93 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	$28.59M	1.30	17.90%	―	-11.07%	-13.39%
TOPS	65 Neutral	$22.44M	2.11	7.94%	―	4.77%	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
EDRY	56 Neutral	$37.38M	-3.38	-11.12%	―	-20.95%	-77.49%
PXS	52 Neutral	$30.93M	-12.71	0.28%	―	-23.25%	-107.24%
GLBS	51 Neutral	$34.99M	-7.57	-2.63%	―	18.49%	-264.74%
CTRM	49 Neutral	$23.29M	-0.76	-5.54%	―	-1.35%	-118.25%

Globus Maritime Corporate Events

Globus Maritime Reports Q3 2025 Financial Results and Strategic Developments

Globus Maritime Limited reported its financial results for the third quarter and nine-month period ending September 30, 2025, showing a revenue of $12.6 million for Q3 and $30.8 million for the nine months. The company achieved a net income of $0.7 million in Q3 but faced a net loss of $2.6 million for the nine-month period. The company has secured financing for two new building vessels scheduled for delivery in 2026 and amended an existing credit facility to reduce the margin and extend maturity. The company is optimistic about market conditions and aims to generate sustainable cash flows and returns for shareholders.

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.