View ValuationTop Ships 将来の成長Future 基準チェック /06現在、 Top Shipsの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Oil and Gas 収益成長6.2%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報Breakeven Date Change • Dec 31Forecast breakeven date pushed back to 2022The analyst covering Top Ships previously expected the company to break even in 2021. New forecast suggests the company will make a profit of US$27.3m in 2022. Average annual earnings growth of 63% is required to achieve expected profit on schedule.Breakeven Date Change • Sep 23Forecast to breakeven in 2021The analyst covering Top Ships expects the company to break even for the first time. New forecast suggests the company will make a profit of US$1.90m in 2021. Earnings growth of 61% is required to achieve expected profit on schedule.すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • Jan 10Investor sentiment improves as stock rises 24%After last week's 24% share price gain to €4.50, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 12x in the Oil and Gas industry in Europe. Total loss to shareholders of 53% over the past three years.お知らせ • Nov 18Top Ships Inc., Annual General Meeting, Dec 12, 2025Top Ships Inc., Annual General Meeting, Dec 12, 2025. Location: 20 iouliou kaisara str 19002, paiania, athens, greece, United Statesお知らせ • Nov 08Top Ships Inc., Annual General Meeting, Dec 06, 2024Top Ships Inc., Annual General Meeting, Dec 06, 2024. Location: 20 iouliou kaisara str 19002, paiania, athens, greece, United StatesReported Earnings • Aug 12First half 2024 earnings released: EPS: US$0.42 (vs US$1.54 in 1H 2023)First half 2024 results: EPS: US$0.42 (down from US$1.54 in 1H 2023). Revenue: US$42.1m (up 2.2% from 1H 2023). Net income: US$1.94m (down 15% from 1H 2023). Profit margin: 4.6% (down from 5.6% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 38% growth forecast for the Oil and Gas industry in Germany.お知らせ • Apr 24+ 1 more updateTop Ships Inc.(NYSEAM:TOPS) dropped from NASDAQ Composite IndexTop Ships Inc. has been dropped from NASDAQ Composite IndexReported Earnings • Mar 30Full year 2023 earnings releasedFull year 2023 results: Revenue: US$82.9m (up 2.8% from FY 2022). Net income: US$6.07m (up US$15.3m from FY 2022). Profit margin: 7.3% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat.New Risk • Feb 27New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €1.7m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Share price has been highly volatile over the past 3 months (44% average weekly change). Shareholders have been substantially diluted in the past year (173% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Significant insider selling over the past 3 months (€1.7m sold). Market cap is less than US$100m (€58.3m market cap, or US$63.3m).New Risk • Feb 25New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Share price has been highly volatile over the past 3 months (44% average weekly change). Shareholders have been substantially diluted in the past year (173% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (€56.9m market cap, or US$61.5m).Board Change • Jan 08Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Chairman of the Board Stavros Emmanuel was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Dec 15Top Ships Inc. (NasdaqCM:TOPS) announces an Equity Buyback for $4 million worth of its shares.Top Ships Inc. (NasdaqCM:TOPS) announces a share repurchase program. Under the program, the company will repurchase up to $4 million worth of its outstanding common shares. The program is valid for 3 months.お知らせ • Nov 01Top Ships Inc., Annual General Meeting, Nov 22, 2023Top Ships Inc., Annual General Meeting, Nov 22, 2023, at 10:00 E. Europe Standard Time. Location: offices of Central Mare Inc., 1 Vas. Sofias & Meg. Alexandrou Str., Maroussi-Athens 151 24, Greece Maroussi - Athen Greece Agenda: To elect two Class I Directors to serve until the 2026 Annual Meeting of Shareholders; to ratify the appointment of Deloitte Certified Public Accountants S.A., as the Company’s independent auditors for the fiscal year ending December 31, 2023; to approve one or more amendments to the Company’s Amended and Restated Articles of Incorporation to effect one or more reverse stock splits of the Company’s issued common shares at a ratio of not less than one-for-two and not more than one-for-250 and in the aggregate at a ratio of not more than one-for-250, inclusive, with the Board having the discretion as to whether or not one or more reverse stock splits is to be effected at any time prior to December 31, 2024, with the exact ratio to be set within this range to be determined by the Company’s board of directors or any duly constituted committee thereof, at any time after approval of each amendment in its discretion; and to transact such other business.お知らせ • Oct 17Top Ships Inc. Announces Compliance with Nasdaq Minimum Bid Price RequirementTOP Ships Inc. announced that NASDAQ notified the Company that it has regained compliance with the minimum bid price requirement for the Nasdaq Capital Market, set forth in Nasdaq Listing Rule 5550(a)(2).New Risk • Aug 07New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Shareholders have been substantially diluted in the past year (over 5x increase in shares outstanding). Minor Risk Market cap is less than US$100m (€13.7m market cap, or US$15.1m).Reported Earnings • Aug 06First half 2023 earnings released: EPS: US$0.13 (vs US$6.15 loss in 1H 2022)First half 2023 results: EPS: US$0.13 (up from US$6.15 loss in 1H 2022). Revenue: US$41.1m (up 5.9% from 1H 2022). Net income: US$2.29m (up US$15.4m from 1H 2022). Profit margin: 5.6% (up from net loss in 1H 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Oil and Gas industry in Germany.Reported Earnings • Apr 08Full year 2022 earnings releasedFull year 2022 results: Revenue: US$80.7m (up 43% from FY 2021). Net loss: US$9.19m (down 270% from profit in FY 2021). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Oil and Gas industry in Germany.Reported Earnings • Mar 03Full year 2022 earnings released: US$3.03 loss per share (vs US$2.71 profit in FY 2021)Full year 2022 results: US$3.03 loss per share. Revenue: US$80.7m (up 43% from FY 2021). Net income: US$18.9m (up 251% from FY 2021). Profit margin: 24% (up from 9.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Oil and Gas industry in Germany.お知らせ • Dec 06Top Ships Inc. has completed a Follow-on Equity Offering.Top Ships Inc. has completed a Follow-on Equity Offering. Security Name: Units Security Type: Equity/Derivative Unit Securities Offered: 6,750,000 Price\Range: $2Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Chairman of the Board Stavros Emmanuel was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Oct 11Top Ships Announces Compliance with NASDAQ Minimum Bid Price RequirementTOP Ships Inc. (the “Company”) announced that NASDAQ notified the Company that it has regained compliance with the minimum bid price requirement for the Nasdaq Capital Market, set in Nasdaq Listing Rule 5550(a)(2).お知らせ • Oct 08Top Ships Inc. has completed a Follow-on Equity Offering.Top Ships Inc. has completed a Follow-on Equity Offering. Security Name: Common Shares Security Type: Common Stock Securities Offered: 129,442 Transaction Features: At the Market OfferingReported Earnings • Sep 28First half 2022 earnings released: US$6.15 loss per share (vs US$0.019 profit in 1H 2021)First half 2022 results: US$6.15 loss per share (down from US$0.019 profit in 1H 2021). Revenue: US$38.8m (up 54% from 1H 2021). Net loss: US$13.1m (down US$13.9m from profit in 1H 2021). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Oil and Gas industry in Germany.お知らせ • Aug 10Top Ships Inc., Annual General Meeting, Sep 05, 2022Top Ships Inc., Annual General Meeting, Sep 05, 2022, at 10:00 E. Europe Standard Time. Location: Central Mare Inc., 1 Vas. Sofias & Meg. Alexandrou Str Marousi-Athens Greece Agenda: To elect one Class III Director to serve until the 2025 Annual Meeting of Shareholders; to ratify the appointment of Deloitte Certified Public Accountants S.A., as the Company's independent auditors for the fiscal year ending December 31, 2022; to approve one or more amendments to the Company's Amended and Restated Articles of Incorporation; and to transact such other business as may properly come before the meeting or any adjournment thereof.お知らせ • May 21TOP Ships Announces Receipt of Nasdaq NoticeTOP Ships Inc. announced that it has received written notification from The Nasdaq Stock Market (“Nasdaq”) dated May 18, 2022, indicating that because the closing bid price of the Company's common stock for the last 30 consecutive business days was below $1.00 per share, the Company no longer meets the minimum bid price requirement for the Nasdaq Capital Market, set forth in Nasdaq Listing Rule 5450(a)(1). Pursuant to the Nasdaq Listing Rules, the applicable grace period to regain compliance is 180 days, or until November 14, 2022. The Company intends to monitor the closing bid price of its common stock between now and November 14, 2022 and is considering its options, including a reverse stock split, in order to regain compliance with the Nasdaq Capital Market minimum bid price requirement. The Company can cure this deficiency if the closing bid price of its common stock is $1.00 per share or higher for at least ten consecutive business days during the grace period. The Company intends to cure the deficiency within the prescribed grace period. During this time, the Company's common stock will continue to be listed and trade on the Nasdaq Capital Market. The Company's business operations are not affected by the receipt of the notification.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent Chairman of the Board Stavros Emmanuel was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 15Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: US$56.4m (down 6.4% from FY 2020). Net income: US$8.62m (up US$37.4m from FY 2020). Profit margin: 15% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 47%, compared to a 56% growth forecast for the oil industry in Germany.お知らせ • Jan 31TOP Ships Announces Receipt of Nasdaq Notice as It No Longer Meets the Minimum Bid Price Requirement for the Nasdaq Capital MarketTOP Ships Inc. (the “Company”) announced that it has received written notification from The Nasdaq Stock Market (“Nasdaq”) dated January 26, 2022, indicating that because the closing bid price of the Company's common stock for the last 30 consecutive business days was below $1.00 per share, the Company no longer meets the minimum bid price requirement for the Nasdaq Capital Market, set in Nasdaq Listing Rule 5450(a)(1). Pursuant to the Nasdaq Listing Rules, the applicable grace period to regain compliance is 180 days, or until July 25, 2022. The Company intends to monitor the closing bid price of its common stock between now and July 25, 2022 and is considering its options, including a reverse stock split, in order to regain compliance with the Nasdaq Capital Market minimum bid price requirement. The Company can cure this deficiency if the closing bid price of its common stock is $1.00 per share or higher for at least ten consecutive business days during the grace period. The Company intends to cure the deficiency within the prescribed grace period. During this time, the Company's common stock will continue to be listed and trade on the Nasdaq Capital Market. The Company's business operations are not affected by the receipt of the notification.Breakeven Date Change • Dec 31Forecast breakeven date pushed back to 2022The analyst covering Top Ships previously expected the company to break even in 2021. New forecast suggests the company will make a profit of US$27.3m in 2022. Average annual earnings growth of 63% is required to achieve expected profit on schedule.Board Change • Dec 03Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Chairman of the Board Stavros Emmanuel was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Breakeven Date Change • Sep 23Forecast to breakeven in 2021The analyst covering Top Ships expects the company to break even for the first time. New forecast suggests the company will make a profit of US$1.90m in 2021. Earnings growth of 61% is required to achieve expected profit on schedule.Reported Earnings • Sep 12First half 2021 earnings released: EPS US$0.019 (vs US$1.09 loss in 1H 2020)The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: US$25.3m (down 22% from 1H 2020). Net income: US$767.0k (up US$8.73m from 1H 2020). Profit margin: 3.0% (up from net loss in 1H 2020).Reported Earnings • Apr 26Full year 2020 earnings released: US$1.22 loss per share (vs US$265 loss in FY 2019)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: US$60.2m (down 8.9% from FY 2019). Net loss: US$28.8m (loss narrowed 7.1% from FY 2019).Is New 90 Day High Low • Feb 02New 90-day high: €1.63The company is up 93% from its price of €0.84 on 04 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 62% over the same period.Is New 90 Day High Low • Jan 13New 90-day high: €1.39The company is up 43% from its price of €0.97 on 14 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 34% over the same period.Is New 90 Day High Low • Dec 04New 90-day high: €1.20The company is up 31% from its price of €0.92 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 44% over the same period.お知らせ • Aug 26Top Ships Announces Compliance with NASDAQ Minimum Bid Price RequirementTop Ships Inc. announced on August 25, 2020 that NASDAQ notified the Company that it has regained compliance with the minimum bid price requirement for the Nasdaq Capital Market, set forth in Nasdaq Listing Rule 5550(a)(2).お知らせ • Jul 17Top Ships Inc. has completed a Follow-on Equity Offering in the amount of $15.864 million.Top Ships Inc. has completed a Follow-on Equity Offering in the amount of $15.864 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 158,640,000 Price\Range: $0.1 Discount Per Security: $0.00625 Security Features: Associated Rights Transaction Features: Registered Direct Offeringお知らせ • Jun 19Top Ships Inc. has completed a Follow-on Equity Offering in the amount of $7.8 million.Top Ships Inc. has completed a Follow-on Equity Offering in the amount of $7.8 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 60,000,000 Price\Range: $0.13 Discount Per Security: $0.008125 Security Features: Associated Rights Transaction Features: Registered Direct Offeringお知らせ • Jun 17Top Ships Inc. has completed a Follow-on Equity Offering in the amount of $15 million.Top Ships Inc. has completed a Follow-on Equity Offering in the amount of $15 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 117,187,500 Price\Range: $0.128 Discount Per Security: $0.008 Transaction Features: Registered Direct Offering このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Top Ships は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測DB:UER0 - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2025803626N/A9/30/2025847428N/A6/30/20258811330N/A3/31/2025878-224N/A12/31/2024865-717N/A9/30/202485-9720N/A6/30/202484-232223N/A3/31/202483-232526N/A12/31/202383-222929N/A9/30/202383-83131N/A6/30/20238363232N/A3/31/202382-1-7533N/A12/31/202281-9-18333N/A9/30/202275-9-19827N/A6/30/202270-8-21321N/A3/31/202263-2-15618N/A12/31/2021565-9916N/A9/30/202155-7-10616N/A6/30/202153-20-11316N/A3/31/202157-24-11411N/A12/31/202060-29-1156N/A9/30/202065-26-1258N/A6/30/202069-24-1359N/A3/31/202067-27-16014N/A12/31/201966-31-18419N/A9/30/201959-25N/A15N/A6/30/201951-20N/A10N/A3/31/201946-15N/A5N/A12/31/201841-11N/A1N/A9/30/201841-13N/A2N/A6/30/201840-14N/A2N/A3/31/201840-14N/A2N/A12/31/201739-13N/A1N/A9/30/201738-10N/A2N/A6/30/201736-6N/A4N/A3/31/201732-3N/A5N/A12/31/2016280N/A7N/A9/30/201624-2N/A4N/A6/30/201620-3N/A2N/A3/31/201617-6N/A0N/A12/31/201513-9N/A-1N/A9/30/201510-4N/A-2N/A6/30/20158-2N/A-1N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: UER0の予測収益成長が 貯蓄率 ( 1.9% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: UER0の収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: UER0の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: UER0の収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: UER0の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: UER0の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YEnergy 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/14 23:12終値2026/06/12 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Top Ships Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Glenn LoddenDNB CarnegieTate SullivanMaxim GroupAdam FleckMorningstar Inc.
Breakeven Date Change • Dec 31Forecast breakeven date pushed back to 2022The analyst covering Top Ships previously expected the company to break even in 2021. New forecast suggests the company will make a profit of US$27.3m in 2022. Average annual earnings growth of 63% is required to achieve expected profit on schedule.
Breakeven Date Change • Sep 23Forecast to breakeven in 2021The analyst covering Top Ships expects the company to break even for the first time. New forecast suggests the company will make a profit of US$1.90m in 2021. Earnings growth of 61% is required to achieve expected profit on schedule.
Valuation Update With 7 Day Price Move • Jan 10Investor sentiment improves as stock rises 24%After last week's 24% share price gain to €4.50, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 12x in the Oil and Gas industry in Europe. Total loss to shareholders of 53% over the past three years.
お知らせ • Nov 18Top Ships Inc., Annual General Meeting, Dec 12, 2025Top Ships Inc., Annual General Meeting, Dec 12, 2025. Location: 20 iouliou kaisara str 19002, paiania, athens, greece, United States
お知らせ • Nov 08Top Ships Inc., Annual General Meeting, Dec 06, 2024Top Ships Inc., Annual General Meeting, Dec 06, 2024. Location: 20 iouliou kaisara str 19002, paiania, athens, greece, United States
Reported Earnings • Aug 12First half 2024 earnings released: EPS: US$0.42 (vs US$1.54 in 1H 2023)First half 2024 results: EPS: US$0.42 (down from US$1.54 in 1H 2023). Revenue: US$42.1m (up 2.2% from 1H 2023). Net income: US$1.94m (down 15% from 1H 2023). Profit margin: 4.6% (down from 5.6% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 38% growth forecast for the Oil and Gas industry in Germany.
お知らせ • Apr 24+ 1 more updateTop Ships Inc.(NYSEAM:TOPS) dropped from NASDAQ Composite IndexTop Ships Inc. has been dropped from NASDAQ Composite Index
Reported Earnings • Mar 30Full year 2023 earnings releasedFull year 2023 results: Revenue: US$82.9m (up 2.8% from FY 2022). Net income: US$6.07m (up US$15.3m from FY 2022). Profit margin: 7.3% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat.
New Risk • Feb 27New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €1.7m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Share price has been highly volatile over the past 3 months (44% average weekly change). Shareholders have been substantially diluted in the past year (173% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Significant insider selling over the past 3 months (€1.7m sold). Market cap is less than US$100m (€58.3m market cap, or US$63.3m).
New Risk • Feb 25New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Share price has been highly volatile over the past 3 months (44% average weekly change). Shareholders have been substantially diluted in the past year (173% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (€56.9m market cap, or US$61.5m).
Board Change • Jan 08Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Chairman of the Board Stavros Emmanuel was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 15Top Ships Inc. (NasdaqCM:TOPS) announces an Equity Buyback for $4 million worth of its shares.Top Ships Inc. (NasdaqCM:TOPS) announces a share repurchase program. Under the program, the company will repurchase up to $4 million worth of its outstanding common shares. The program is valid for 3 months.
お知らせ • Nov 01Top Ships Inc., Annual General Meeting, Nov 22, 2023Top Ships Inc., Annual General Meeting, Nov 22, 2023, at 10:00 E. Europe Standard Time. Location: offices of Central Mare Inc., 1 Vas. Sofias & Meg. Alexandrou Str., Maroussi-Athens 151 24, Greece Maroussi - Athen Greece Agenda: To elect two Class I Directors to serve until the 2026 Annual Meeting of Shareholders; to ratify the appointment of Deloitte Certified Public Accountants S.A., as the Company’s independent auditors for the fiscal year ending December 31, 2023; to approve one or more amendments to the Company’s Amended and Restated Articles of Incorporation to effect one or more reverse stock splits of the Company’s issued common shares at a ratio of not less than one-for-two and not more than one-for-250 and in the aggregate at a ratio of not more than one-for-250, inclusive, with the Board having the discretion as to whether or not one or more reverse stock splits is to be effected at any time prior to December 31, 2024, with the exact ratio to be set within this range to be determined by the Company’s board of directors or any duly constituted committee thereof, at any time after approval of each amendment in its discretion; and to transact such other business.
お知らせ • Oct 17Top Ships Inc. Announces Compliance with Nasdaq Minimum Bid Price RequirementTOP Ships Inc. announced that NASDAQ notified the Company that it has regained compliance with the minimum bid price requirement for the Nasdaq Capital Market, set forth in Nasdaq Listing Rule 5550(a)(2).
New Risk • Aug 07New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Shareholders have been substantially diluted in the past year (over 5x increase in shares outstanding). Minor Risk Market cap is less than US$100m (€13.7m market cap, or US$15.1m).
Reported Earnings • Aug 06First half 2023 earnings released: EPS: US$0.13 (vs US$6.15 loss in 1H 2022)First half 2023 results: EPS: US$0.13 (up from US$6.15 loss in 1H 2022). Revenue: US$41.1m (up 5.9% from 1H 2022). Net income: US$2.29m (up US$15.4m from 1H 2022). Profit margin: 5.6% (up from net loss in 1H 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Oil and Gas industry in Germany.
Reported Earnings • Apr 08Full year 2022 earnings releasedFull year 2022 results: Revenue: US$80.7m (up 43% from FY 2021). Net loss: US$9.19m (down 270% from profit in FY 2021). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Oil and Gas industry in Germany.
Reported Earnings • Mar 03Full year 2022 earnings released: US$3.03 loss per share (vs US$2.71 profit in FY 2021)Full year 2022 results: US$3.03 loss per share. Revenue: US$80.7m (up 43% from FY 2021). Net income: US$18.9m (up 251% from FY 2021). Profit margin: 24% (up from 9.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Oil and Gas industry in Germany.
お知らせ • Dec 06Top Ships Inc. has completed a Follow-on Equity Offering.Top Ships Inc. has completed a Follow-on Equity Offering. Security Name: Units Security Type: Equity/Derivative Unit Securities Offered: 6,750,000 Price\Range: $2
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Chairman of the Board Stavros Emmanuel was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Oct 11Top Ships Announces Compliance with NASDAQ Minimum Bid Price RequirementTOP Ships Inc. (the “Company”) announced that NASDAQ notified the Company that it has regained compliance with the minimum bid price requirement for the Nasdaq Capital Market, set in Nasdaq Listing Rule 5550(a)(2).
お知らせ • Oct 08Top Ships Inc. has completed a Follow-on Equity Offering.Top Ships Inc. has completed a Follow-on Equity Offering. Security Name: Common Shares Security Type: Common Stock Securities Offered: 129,442 Transaction Features: At the Market Offering
Reported Earnings • Sep 28First half 2022 earnings released: US$6.15 loss per share (vs US$0.019 profit in 1H 2021)First half 2022 results: US$6.15 loss per share (down from US$0.019 profit in 1H 2021). Revenue: US$38.8m (up 54% from 1H 2021). Net loss: US$13.1m (down US$13.9m from profit in 1H 2021). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Oil and Gas industry in Germany.
お知らせ • Aug 10Top Ships Inc., Annual General Meeting, Sep 05, 2022Top Ships Inc., Annual General Meeting, Sep 05, 2022, at 10:00 E. Europe Standard Time. Location: Central Mare Inc., 1 Vas. Sofias & Meg. Alexandrou Str Marousi-Athens Greece Agenda: To elect one Class III Director to serve until the 2025 Annual Meeting of Shareholders; to ratify the appointment of Deloitte Certified Public Accountants S.A., as the Company's independent auditors for the fiscal year ending December 31, 2022; to approve one or more amendments to the Company's Amended and Restated Articles of Incorporation; and to transact such other business as may properly come before the meeting or any adjournment thereof.
お知らせ • May 21TOP Ships Announces Receipt of Nasdaq NoticeTOP Ships Inc. announced that it has received written notification from The Nasdaq Stock Market (“Nasdaq”) dated May 18, 2022, indicating that because the closing bid price of the Company's common stock for the last 30 consecutive business days was below $1.00 per share, the Company no longer meets the minimum bid price requirement for the Nasdaq Capital Market, set forth in Nasdaq Listing Rule 5450(a)(1). Pursuant to the Nasdaq Listing Rules, the applicable grace period to regain compliance is 180 days, or until November 14, 2022. The Company intends to monitor the closing bid price of its common stock between now and November 14, 2022 and is considering its options, including a reverse stock split, in order to regain compliance with the Nasdaq Capital Market minimum bid price requirement. The Company can cure this deficiency if the closing bid price of its common stock is $1.00 per share or higher for at least ten consecutive business days during the grace period. The Company intends to cure the deficiency within the prescribed grace period. During this time, the Company's common stock will continue to be listed and trade on the Nasdaq Capital Market. The Company's business operations are not affected by the receipt of the notification.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent Chairman of the Board Stavros Emmanuel was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 15Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: US$56.4m (down 6.4% from FY 2020). Net income: US$8.62m (up US$37.4m from FY 2020). Profit margin: 15% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 47%, compared to a 56% growth forecast for the oil industry in Germany.
お知らせ • Jan 31TOP Ships Announces Receipt of Nasdaq Notice as It No Longer Meets the Minimum Bid Price Requirement for the Nasdaq Capital MarketTOP Ships Inc. (the “Company”) announced that it has received written notification from The Nasdaq Stock Market (“Nasdaq”) dated January 26, 2022, indicating that because the closing bid price of the Company's common stock for the last 30 consecutive business days was below $1.00 per share, the Company no longer meets the minimum bid price requirement for the Nasdaq Capital Market, set in Nasdaq Listing Rule 5450(a)(1). Pursuant to the Nasdaq Listing Rules, the applicable grace period to regain compliance is 180 days, or until July 25, 2022. The Company intends to monitor the closing bid price of its common stock between now and July 25, 2022 and is considering its options, including a reverse stock split, in order to regain compliance with the Nasdaq Capital Market minimum bid price requirement. The Company can cure this deficiency if the closing bid price of its common stock is $1.00 per share or higher for at least ten consecutive business days during the grace period. The Company intends to cure the deficiency within the prescribed grace period. During this time, the Company's common stock will continue to be listed and trade on the Nasdaq Capital Market. The Company's business operations are not affected by the receipt of the notification.
Breakeven Date Change • Dec 31Forecast breakeven date pushed back to 2022The analyst covering Top Ships previously expected the company to break even in 2021. New forecast suggests the company will make a profit of US$27.3m in 2022. Average annual earnings growth of 63% is required to achieve expected profit on schedule.
Board Change • Dec 03Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Chairman of the Board Stavros Emmanuel was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Breakeven Date Change • Sep 23Forecast to breakeven in 2021The analyst covering Top Ships expects the company to break even for the first time. New forecast suggests the company will make a profit of US$1.90m in 2021. Earnings growth of 61% is required to achieve expected profit on schedule.
Reported Earnings • Sep 12First half 2021 earnings released: EPS US$0.019 (vs US$1.09 loss in 1H 2020)The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: US$25.3m (down 22% from 1H 2020). Net income: US$767.0k (up US$8.73m from 1H 2020). Profit margin: 3.0% (up from net loss in 1H 2020).
Reported Earnings • Apr 26Full year 2020 earnings released: US$1.22 loss per share (vs US$265 loss in FY 2019)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: US$60.2m (down 8.9% from FY 2019). Net loss: US$28.8m (loss narrowed 7.1% from FY 2019).
Is New 90 Day High Low • Feb 02New 90-day high: €1.63The company is up 93% from its price of €0.84 on 04 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 62% over the same period.
Is New 90 Day High Low • Jan 13New 90-day high: €1.39The company is up 43% from its price of €0.97 on 14 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 34% over the same period.
Is New 90 Day High Low • Dec 04New 90-day high: €1.20The company is up 31% from its price of €0.92 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 44% over the same period.
お知らせ • Aug 26Top Ships Announces Compliance with NASDAQ Minimum Bid Price RequirementTop Ships Inc. announced on August 25, 2020 that NASDAQ notified the Company that it has regained compliance with the minimum bid price requirement for the Nasdaq Capital Market, set forth in Nasdaq Listing Rule 5550(a)(2).
お知らせ • Jul 17Top Ships Inc. has completed a Follow-on Equity Offering in the amount of $15.864 million.Top Ships Inc. has completed a Follow-on Equity Offering in the amount of $15.864 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 158,640,000 Price\Range: $0.1 Discount Per Security: $0.00625 Security Features: Associated Rights Transaction Features: Registered Direct Offering
お知らせ • Jun 19Top Ships Inc. has completed a Follow-on Equity Offering in the amount of $7.8 million.Top Ships Inc. has completed a Follow-on Equity Offering in the amount of $7.8 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 60,000,000 Price\Range: $0.13 Discount Per Security: $0.008125 Security Features: Associated Rights Transaction Features: Registered Direct Offering
お知らせ • Jun 17Top Ships Inc. has completed a Follow-on Equity Offering in the amount of $15 million.Top Ships Inc. has completed a Follow-on Equity Offering in the amount of $15 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 117,187,500 Price\Range: $0.128 Discount Per Security: $0.008 Transaction Features: Registered Direct Offering