USEA
United Maritime Corporation
NASDAQ: USEA · INDUSTRIALS · MARINE SHIPPING
$2.14
+4.39% today
Updated 2026-04-30
Market cap
$19.55M
P/E ratio
—
P/S ratio
0.52x
EPS (TTM)
$-0.70
Dividend yield
11.40%
52W range
$1 – $2
Volume
0.1M
United Maritime Corporation (USEA) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $6.88M | $4.12M | $7.40M | $22.78M | $36.07M | $45.44M | $37.78M |
| Revenue growth (YoY) | — | -40.1% | +79.3% | +208.1% | +58.3% | +26.0% | -16.8% |
| Cost of revenue | $5.64M | $3.18M | $3.52M | $12.33M | $32.81M | $21.52M | $31.54M |
| Gross profit | $1.24M | $941428.00 | $3.87M | $10.46M | $3.26M | $23.92M | $6.25M |
| Gross margin | 18.0% | 22.8% | 52.3% | 45.9% | 9.0% | 52.6% | 16.5% |
| R&D | — | — | — | — | — | — | — |
| SG&A | $313657.00 | $300705.00 | $613399.00 | $5.52M | $7.98M | $6.27M | $4.31M |
| Operating income | $590210.00 | $300973.00 | $2.92M | $40.50M | $7.08M | $4.82M | $-85999.00 |
| Operating margin | 8.6% | 7.3% | 39.4% | 177.8% | 19.6% | 10.6% | -0.2% |
| EBITDA | $1.20M | $2.44M | $3.55M | $41.44M | $2.38M | $13.30M | $10.73M |
| EBITDA margin | 17.4% | 59.2% | 48.0% | 181.9% | 6.6% | 29.3% | 28.4% |
| EBIT | $443789.00 | $1.68M | $2.79M | $39.53M | $-4.72M | $4.22M | $-86000.00 |
| Interest expense | $870342.00 | $708445.00 | $743687.00 | $2.45M | $7.18M | $8.42M | $6.42M |
| Income tax | $719434.00 | $592801.00 | $621046.00 | $-37.41M | $9.20M | — | — |
| Effective tax rate | 162.1% | 35.2% | 22.2% | -44005.9% | 97.7% | 0.0% | 0.0% |
| Net income | $-275645.00 | $1.09M | $2.17M | $37.49M | $221000.00 | $-3.38M | $-6.19M |
| Net income growth (YoY) | — | +495.9% | +98.9% | +1627.4% | -99.4% | -1630.8% | -82.9% |
| Profit margin | -4.0% | 26.5% | 29.3% | 164.5% | 0.6% | -7.4% | -16.4% |