Top Page
Robin Energy Ltd.
(NASDAQ:RBNE)
Robin Energy Ltd. (RBNE) vs. SPDR S&P 500 ETF (SPY)
Robin Energy Ltd. Business Overview & Revenue Model
Robin Energy Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 3.27M | 6.77M | 15.61M | 15.64M |
| Gross Profit | 1.48M | 5.29M | 13.92M | 14.01M |
| EBITDA | 1.54M | 2.23M | 16.98M | 10.06M |
| Net Income | 545.47K | 1.05M | 15.43M | 8.64M |
Balance Sheet | ||||
| Total Assets | 62.96M | 21.58M | 27.59M | 26.86M |
| Cash, Cash Equivalents and Short-Term Investments | 9.02M | 369.00 | 351.00 | 4.80M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 2.95M | 470.16K | 708.72K | 505.75K |
| Stockholders Equity | 51.07M | 21.11M | 26.88M | 26.35M |
Cash Flow | ||||
| Free Cash Flow | -45.39M | 6.82M | -7.11M | 4.97M |
| Operating Cash Flow | -879.32K | 6.89M | -6.34M | 5.45M |
| Investing Cash Flow | -50.35M | -71.79K | 16.44M | -479.07K |
| Financing Cash Flow | 9.64M | -6.82M | -14.90M | -626.99K |
Robin Energy Ltd. Peers Comparison
Robin Energy Ltd. Corporate Events
On December 23, 2025, Robin Energy Ltd. implemented a one-for-five reverse stock split of its common shares, following an amendment to its Amended and Restated Articles of Incorporation filed with the Marshall Islands registrar. Effective at 11:59 p.m. Eastern time that day, every five issued and outstanding common shares were combined into one share, cutting the company’s outstanding common stock from about 14.0 million to approximately 2.8 million shares, with shareholders receiving cash in lieu of fractional shares based on the December 23 Nasdaq closing price. The stock began trading on a split-adjusted basis on Nasdaq on December 24, 2025, under the existing “RBNE” ticker but with a new CUSIP, while the par value, voting rights, relative ownership percentages (subject to rounding), and terms of both common and preferred shares remained unchanged. The move streamlines the share structure and is likely aimed at supporting the company’s market profile and continued Nasdaq listing compliance without diluting existing shareholders’ proportional stakes.
On December 22, 2025, Robin Energy Ltd. announced that its board had approved a one-for-five reverse stock split of its common shares, effective at 11:59 p.m. Eastern Time on December 23, 2025, with trading on a split-adjusted basis on the Nasdaq Capital Market set to begin on December 24, 2025. The move will reduce the company’s outstanding common shares from about 14.0 million to approximately 2.8 million, consolidate every five shares into one while maintaining the current par value, and provide cash in lieu of fractional shares, a capital structure action that is expected to increase the per-share trading price and support the company’s continued listing on Nasdaq and its standing with investors.
On December 16, 2025, Robin Energy Ltd. announced that its Board of Directors has approved a share repurchase program, authorizing the company to buy back up to $1.0 million of its common shares. This strategic move is aimed at potentially enhancing shareholder value and reflects the company’s confidence in its financial position. The repurchase will be funded from existing cash and will be executed based on market conditions and other relevant factors.
On December 4, 2025, Robin Energy Ltd. announced a commercial update highlighting the employment of its vessels in the LPG and tanker segments. The company secured attractive multi-period charters for its LPG carriers, M/T Dream Terrax and M/T Dream Syrax, ensuring steady employment and predictable cash flow for 2026. Additionally, the M/T Wonder Mimosa, part of the tanker segment, showed strong performance in a commercial pool, with a 19% increase in the gross daily rate for November 2025, reflecting the company’s strategic balance of fixed charter coverage and spot market exposure.
On November 13, 2025, Robin Energy Ltd. announced an ‘at-the-market’ offering agreement with Maxim Group LLC and Rodman & Renshaw LLC, allowing the company to sell up to $75 million in common shares. The proceeds from this offering will be used for capital expenditures, acquisitions, and other corporate purposes, potentially enhancing the company’s operational capabilities and market positioning.
Robin Energy Ltd. has released its unaudited consolidated interim financial statements for the nine months ending September 30, 2025, highlighting a substantial increase in total assets from $21.6 million in December 2024 to $53.6 million in September 2025. This growth is primarily attributed to a significant rise in non-current assets, particularly in the value of vessels, which indicates a strategic expansion in their shipping operations. The financial results reflect the company’s strengthened position in the energy sector, potentially impacting stakeholders positively by showcasing robust operational growth and financial health.
On October 24, 2025, Robin Energy Ltd. announced a securities purchase agreement with an institutional investor to issue and sell 6,540,000 common shares or pre-funded warrants, generating approximately $7.0 million in gross proceeds. The offering, expected to close on October 27, 2025, is intended to support working capital and general corporate purposes, potentially enhancing the company’s operational capabilities and market positioning.
Robin Energy Ltd. reported its financial results for the third quarter of 2025, showing a significant increase in total vessel revenues to $2.0 million, a 42.9% rise from the previous year. The company also achieved a net income of $0.2 million, marking a 300% improvement from a loss in the same period of 2024. Notably, Robin Energy expanded its fleet with the acquisition of two LPG carrier vessels, which contributed to its operational growth and led to a restructuring into two reportable segments. Additionally, the company completed a public offering and allocated funds to Bitcoin as part of its treasury strategy, reflecting its commitment to diversification and financial innovation.