GLBS
Globus Maritime Ltd
NASDAQ: GLBS · INDUSTRIALS · MARINE SHIPPING
$2.12
+0.95% today
Updated 2026-04-30
Market cap
$48.13M
P/E ratio
—
P/S ratio
1.09x
EPS (TTM)
$-0.08
Dividend yield
—
52W range
$1 – $2
Volume
0.1M
Globus Maritime Ltd (GLBS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $98.60M | $52.81M | $28.86M | $35.56M | $32.20M | $29.43M | $26.38M | $12.71M | $9.02M | $14.42M | $17.35M | $15.62M | $11.75M | $43.38M | $61.76M | $31.20M | $34.87M | $44.21M |
| Revenue growth (YoY) | — | -46.4% | -45.4% | +23.2% | -9.5% | -8.6% | -10.4% | -51.8% | -29.1% | +59.9% | +20.3% | -10.0% | -24.8% | +269.1% | +42.4% | -49.5% | +11.7% | +26.8% |
| Cost of revenue | $19.21M | $13.88M | $8.04M | $11.25M | $28.69M | $20.24M | $20.91M | $19.89M | $15.98M | $16.74M | $16.88M | $17.41M | $14.80M | $21.60M | $33.63M | $28.94M | $28.26M | $34.98M |
| Gross profit | $79.39M | $38.93M | $20.82M | $24.31M | $3.51M | $9.19M | $5.47M | $-7.18M | $-6.96M | $-2.32M | $474000.00 | $-1.78M | $-3.05M | $21.78M | $28.12M | $2.27M | $6.61M | $9.23M |
| Gross margin | 80.5% | 73.7% | 72.1% | 68.4% | 10.9% | 31.2% | 20.7% | -56.5% | -77.2% | -16.1% | 2.7% | -11.4% | -26.0% | 50.2% | 45.5% | 7.3% | 19.0% | 20.9% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $4.11M | $5.03M | $3.69M | $3.59M | $3.44M | $2.52M | $2.48M | $2.02M | $2.23M | $1.78M | $1.92M | $1.88M | $3.72M | $3.83M | $4.00M | $2.05M | $4.89M | $3.83M |
| Operating income | $56.30M | $21.19M | $9.33M | $9.32M | $-80.25M | $8.48M | $5.23M | $-29.71M | $-7.23M | $-4.01M | $-1.45M | $-4.37M | $-11.42M | $17.94M | $23.63M | $6.28M | $3.40M | $2.40M |
| Operating margin | 57.1% | 40.1% | 32.3% | 26.2% | -249.2% | 28.8% | 19.8% | -233.6% | -80.2% | -27.8% | -8.3% | -27.9% | -97.2% | 41.4% | 38.3% | 20.1% | 9.7% | 5.4% |
| EBITDA | $75.28M | $5.38M | $15.85M | $20.88M | $-65.65M | $16.46M | $12.29M | $-22.43M | $-1.13M | $1.70M | $4.25M | $-25.89M | $-9.48M | $24.87M | $36.89M | $18.48M | $16.30M | $16.92M |
| EBITDA margin | 76.3% | 10.2% | 54.9% | 58.7% | -203.9% | 55.9% | 46.6% | -176.4% | -12.5% | 11.8% | 24.5% | -165.7% | -80.7% | 57.3% | 59.7% | 59.2% | 46.7% | 38.3% |
| EBIT | $56.30M | $-7.34M | $8.48M | $9.60M | $-79.49M | $9.15M | $5.35M | $-29.61M | $-7.15M | $-4.01M | $-1.51M | $-32.31M | $-13.22M | $18.21M | $26.64M | $9.57M | $6.56M | $2.40M |
| Interest expense | $7.71M | $2.93M | $2.13M | $2.82M | $3.31M | $3.57M | $2.14M | $2.78M | $2.68M | $2.22M | $2.03M | $4.70M | $4.16M | $3.26M | $2.36M | $4.29M | $6.13M | $7.97M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $42.82M | $-10.08M | $6.00M | $6.92M | $-82.80M | $5.68M | $3.21M | $-32.40M | $-9.82M | $-6.47M | $-3.57M | $-36.35M | $-17.37M | $14.95M | $24.28M | $5.27M | $431000.00 | $-1.75M |
| Net income growth (YoY) | — | -123.5% | +159.6% | +15.4% | -1295.7% | +106.9% | -43.4% | -1108.6% | +69.7% | +34.1% | +44.9% | -918.8% | +52.2% | +186.1% | +62.4% | -78.3% | -91.8% | -505.3% |
| Profit margin | 43.4% | -19.1% | 20.8% | 19.5% | -257.2% | 19.3% | 12.2% | -254.8% | -108.9% | -44.9% | -20.6% | -232.7% | -147.8% | 34.5% | 39.3% | 16.9% | 1.2% | -4.0% |