United Maritime Corp. (USEA) AI Stock Analysis

• Market Cap: $13.90M
• Dividend Yield: 7.89%
• Average Volume (3M): 24.93K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.56
• Revenue Growth: -8.96%
• EPS Growth: -88.67%
• Country: US
• Employees: 6
• Sector: Industrials
• Sector Strength: 72
• Industry: Marine Shipping
• EPS (TTM): 0.18
• Shares Outstanding: 9,204,267
• 10 Day Avg. Volume: 28,441
• 30 Day Avg. Volume: 24,935
• PEG Ratio: <0.01
• Price to Book (P/B): 0.25
• Price to Sales (P/S): 0.33
• P/FCF Ratio: 5.00
• Enterprise Value/Market Cap: 7.01
• Enterprise Value/Revenue: 2.32
• Enterprise Value/Gross Profit: 10.38
• Enterprise Value/Ebitda: 20.64
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: $1.50 ▲(0.67% Upside)

United Maritime Corp. has a mixed outlook. The most significant factor is the financial performance, which is hindered by profitability and cash flow issues. Positive sentiment from the earnings call and strategic initiatives offer some optimism, but technical indicators and valuation concerns temper the overall score.

Positive Factors

Fleet Modernization

Fleet modernization enhances operational efficiency and positions the company to capitalize on emerging opportunities in the energy sector.

Operational Efficiency

Improved operational efficiency reduces costs, enhancing competitiveness and profitability in a challenging market environment.

Strategic Vessel Sales

Strategic vessel sales improve liquidity and support financial flexibility, enabling reinvestment in higher-yielding assets.

Negative Factors

High Debt Levels

High leverage can strain financial resources and limit the company's ability to invest in growth opportunities, impacting long-term stability.

Negative Cash Flow

Negative cash flow indicates difficulties in generating cash from operations, which can hinder the company's ability to sustain operations and invest in growth.

Revenue Decline

A decline in revenue reflects market challenges and can pressure margins, affecting the company's ability to maintain profitability.

United Maritime Corp. Business Overview & Revenue Model

Company Description

United Maritime Corp. (USEA) is a publicly traded company specializing in the maritime sector, focusing on the acquisition, operation, and chartering of a diverse fleet of modern vessels. The company operates primarily in the shipping and logistics industries, providing essential transportation services for dry bulk commodities, including grains, coal, and other materials. With a commitment to operational excellence and sustainability, USEA aims to deliver value to its stakeholders through efficient maritime solutions.

How the Company Makes Money

United Maritime Corp. generates revenue primarily through the chartering of its fleet to various shipping companies and logistics providers. The company operates on a revenue model that includes time charters and spot charters, allowing it to secure stable income streams. In time charters, vessels are leased for a specified period at a fixed rate, providing predictable cash flow, while spot charters involve short-term contracts based on current market rates, potentially yielding higher profits during favorable market conditions. Additionally, USEA may engage in partnerships with other shipping firms and logistics companies to enhance its service offerings and optimize vessel utilization, which further contributes to its earnings. The company's strategic focus on maintaining a modern, efficient fleet helps reduce operational costs and increase competitiveness in the shipping market.

United Maritime Corp. Financial Statement Overview

Summary

United Maritime Corp. shows potential for revenue growth but faces significant challenges in profitability and cash flow. The high debt level and negative cash flow indicate financial instability, although a solid equity base provides some support.

Income Statement

United Maritime Corp. shows fluctuating revenue growth with a notable increase in total revenue from 2019 to 2024. However, the company reported a net loss in 2024, indicating challenges in profitability. The gross profit margin improved significantly in 2024, yet the net profit margin turned negative, reflecting cost pressures or inefficiencies. EBIT and EBITDA margins remain modest, suggesting room for enhanced operational efficiency.

Balance Sheet

The balance sheet reveals a high level of debt, with a debt-to-equity ratio exceeding 1.5 in 2024, raising leverage concerns. However, the company maintains a substantial equity base, with an equity ratio of 34.9% in 2024. Return on Equity has been volatile, impacted by negative net income in 2024, but the company demonstrated resilience in sustaining equity levels over the years.

Cash Flow

Cash flow analysis indicates significant volatility, with free cash flow remaining negative in recent years, highlighting liquidity challenges. The operating cash flow to net income ratio is concerning, as operating cash flow turned zero in 2024, suggesting difficulties in core business cash generation. The company must address these cash flow issues to stabilize its financial position.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	42.02M	45.44M	36.07M	22.78M	7.40M	4.12M
Gross Profit	9.38M	23.92M	3.26M	10.46M	3.87M	941.43K
EBITDA	4.72M	13.30M	2.38M	41.44M	3.55M	2.44M
Net Income	-4.28M	-3.38M	221.00K	37.49M	2.17M	1.09M
Balance Sheet
Total Assets	144.20M	172.07M	174.81M	125.66M	13.43M	13.94M
Cash, Cash Equivalents and Short-Term Investments	20.12M	6.41M	13.80M	54.73M	765.48K	406.01K
Total Debt	66.95M	97.72M	95.95M	42.61M	5.38M	6.09M
Total Liabilities	83.12M	111.98M	108.94M	61.09M	6.39M	6.63M
Stockholders Equity	61.07M	60.09M	65.87M	64.57M	7.04M	7.31M
Cash Flow
Free Cash Flow	0.00	3.02M	-87.98M	-85.64M	3.60M	-455.39K
Operating Cash Flow	0.00	3.26M	-6.23M	7.88M	3.66M	-444.61K
Investing Cash Flow	0.00	7.95M	-59.14M	6.49M	-56.07K	-10.78K
Financing Cash Flow	0.00	-18.95M	9.94M	55.57M	-3.24M	-730.95K

United Maritime Corp. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.49
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For USEA, the sentiment is Negative. The current price of 1.49 is below the 20-day moving average (MA) of 1.59, below the 50-day MA of 1.65, and below the 200-day MA of 1.52, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 46.94 is Neutral, neither overbought nor oversold. The STOCH value of 46.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for USEA.

United Maritime Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
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%
USEA	52 Neutral	$13.90M	-2.10	-7.09%	7.89%	-8.96%	-88.67%
PXS	52 Neutral	$28.10M	-77.01	0.28%	―	-23.25%	-107.24%
GLBS	51 Neutral	$23.67M	-4.01	-3.35%	―	11.80%	-186.40%
CTRM	46 Neutral	$18.94M	-0.60	-8.88%	―	-19.63%	-144.86%
OP	46 Neutral	$42.01M	-0.02	―	―	35.58%	-119.92%

United Maritime Corp. Corporate Events

United Maritime Corp. Announces Key Decisions from 2025 Shareholders Meeting

At its 2025 Annual Meeting of Shareholders held on October 30, 2025, United Maritime Corporation announced the election of Mr. Stamatios Tsantanis as Class C Director, the ratification of Ernst & Young (Hellas) as independent auditors for the fiscal year ending December 31, 2025, and the reinstatement of the option for reverse stock splits. These decisions are likely to impact the company’s governance structure and financial strategies, potentially affecting shareholder value and market positioning.

United Maritime Corp. Announces October 2025 Shareholder Meeting Amid Strategic Developments

On September 25, 2025, United Maritime Corporation announced its upcoming Annual Meeting of Shareholders scheduled for October 30, 2025. The company highlighted its resilience in navigating a challenging economic environment and its commitment to shareholder returns, having declared consecutive quarterly dividends. United Maritime is advancing its fleet modernization strategy by divesting older vessels and investing in a newbuilding offshore energy construction vessel, aiming to capitalize on the evolving energy sector. The meeting will address proposals including the re-election of a director, auditor ratification, and potential reverse stock splits, emphasizing the importance of shareholder participation.