Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €3.20, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 9x in the Shipping industry in Europe. Total returns to shareholders of 313% over the past three years. New Risk • Aug 10
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 39% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings are forecast to decline by an average of 39% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€59.6m market cap, or US$68.8m). Reported Earnings • Aug 10
Second quarter 2026 earnings released: EPS: US$0.19 (vs US$0.091 loss in 2Q 2025) Second quarter 2026 results: EPS: US$0.19 (up from US$0.091 loss in 2Q 2025). Revenue: US$14.6m (up 53% from 2Q 2025). Net income: US$4.04m (up US$5.91m from 2Q 2025). Profit margin: 28% (up from net loss in 2Q 2025). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 1.9% growth forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings. Announcement • Aug 06
Globus Maritime Limited to Report Q2, 2026 Results on Aug 07, 2026 Globus Maritime Limited announced that they will report Q2, 2026 results After-Market on Aug 07, 2026 Announcement • Aug 05
Globus Maritime Limited, Annual General Meeting, Sep 17, 2026 Globus Maritime Limited, Annual General Meeting, Sep 17, 2026, at 11:00 GTB Standard Time. Location: offices of globus shipmanagement corp., 128 vouliagmenis avenue in glyfada, attica, Greece Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €2.22, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Shipping industry in Europe. Total returns to shareholders of 161% over the past three years. New Risk • Jun 11
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.0x 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 (1.0x net interest cover). Earnings are forecast to decline by an average of 46% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€39.9m market cap, or US$46.2m). Reported Earnings • Jun 11
First quarter 2026 earnings released: EPS: US$0.05 (vs US$0.072 loss in 1Q 2025) First quarter 2026 results: EPS: US$0.05 (up from US$0.072 loss in 1Q 2025). Revenue: US$12.2m (up 42% from 1Q 2025). Net income: US$1.09m (up US$2.57m from 1Q 2025). Profit margin: 8.9% (up from net loss in 1Q 2025). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Shipping industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 131 percentage points per year, which is a significant difference in performance. Announcement • Jun 09
Globus Maritime Limited to Report Q1, 2026 Results on Jun 10, 2026 Globus Maritime Limited announced that they will report Q1, 2026 results After-Market on Jun 10, 2026 Announcement • Nov 26
Globus Maritime Limited to Report Q3, 2025 Results on Nov 28, 2025 Globus Maritime Limited announced that they will report Q3, 2025 results After-Market on Nov 28, 2025 Announcement • Sep 18
Globus Maritime Limited to Report Q2, 2025 Results on Sep 19, 2025 Globus Maritime Limited announced that they will report Q2, 2025 results After-Market on Sep 19, 2025 Announcement • Aug 12
Globus Maritime Limited, Annual General Meeting, Sep 25, 2025 Globus Maritime Limited, Annual General Meeting, Sep 25, 2025, at 11:00 GTB Standard Time. Location: at the offices of globus shipmanagement corp., 128 vouliagmenis avenue glyfada, attica, Greece Announcement • Jun 12
Globus Maritime Limited to Report Q1, 2025 Results on Jun 16, 2025 Globus Maritime Limited announced that they will report Q1, 2025 results After-Market on Jun 16, 2025 Announcement • Nov 28
Globus Maritime Limited to Report Q3, 2024 Results on Nov 29, 2024 Globus Maritime Limited announced that they will report Q3, 2024 results After-Market on Nov 29, 2024 New Risk • Oct 29
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 30% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 30% per year for the foreseeable future. High level of non-cash earnings (27% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (€33.7m market cap, or US$36.4m). New Risk • Sep 19
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 27% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 51% per year for the foreseeable future. High level of non-cash earnings (27% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (€34.2m market cap, or US$38.2m). Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €1.56, the stock trades at a trailing P/E ratio of 5.6x. Average forward P/E is 5x in the Shipping industry in Europe. Total loss to shareholders of 38% over the past three years. Reported Earnings • Sep 14
Second quarter 2024 earnings released: EPS: US$0.16 (vs US$0.056 loss in 2Q 2023) Second quarter 2024 results: EPS: US$0.16 (up from US$0.056 loss in 2Q 2023). Revenue: US$9.52m (up 22% from 2Q 2023). Net income: US$3.28m (up US$4.44m from 2Q 2023). Profit margin: 35% (up from net loss in 2Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has fallen by 14% per year and the company’s share price has also fallen by 14% per year. Announcement • Aug 16
Globus Maritime Limited, Annual General Meeting, Sep 12, 2024 Globus Maritime Limited, Annual General Meeting, Sep 12, 2024. Location: offices of globus shipmanagement corp, 128 vouliagmenis avenue in glyfada, attica greece, United States Reported Earnings • Jun 10
First quarter 2024 earnings released: US$0.01 loss per share (vs US$0.035 profit in 1Q 2023) First quarter 2024 results: US$0.01 loss per share (down from US$0.035 profit in 1Q 2023). Revenue: US$7.71m (down 6.0% from 1Q 2023). Net loss: US$299.0k (down 142% from profit in 1Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Announcement • Jun 08
Globus Maritime Limited to Report Q1, 2024 Results on Jun 07, 2024 Globus Maritime Limited announced that they will report Q1, 2024 results After-Market on Jun 07, 2024 Reported Earnings • Mar 18
Full year 2023 earnings released Full year 2023 results: Revenue: US$31.2m (down 50% from FY 2022). Net income: US$5.27m (down 78% from FY 2022). Profit margin: 17% (down from 39% in FY 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 136% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €1.95, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 8x in the Shipping industry in Europe. Total loss to shareholders of 65% over the past three years. Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to €2.54, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 7x in the Shipping industry in Europe. Total loss to shareholders of 53% over the past three years. Reported Earnings • Nov 19
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: US$7.68m (down 52% from 3Q 2022). Net income: US$3.47m (down 20% from 3Q 2022). Profit margin: 45% (up from 27% in 3Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 2.5% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 170% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €1.32, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 6x in the Shipping industry in Europe. Total loss to shareholders of 82% over the past three years. Announcement • Nov 14
Globus Maritime Limited to Report Q3, 2023 Results on Nov 16, 2023 Globus Maritime Limited announced that they will report Q3, 2023 results After-Market on Nov 16, 2023 Valuation Update With 7 Day Price Move • Oct 23
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to €1.59, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 6x in the Shipping industry in Europe. Total loss to shareholders of 76% over the past three years. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to €2.00, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 6x in the Shipping industry in Europe. Total loss to shareholders of 76% over the past three years. Announcement • Oct 05
Globus Maritime Regains Compliance with NASDAQ’s Minimum Closing Bid Price Globus Maritime Limited (‘Globus’ or the ‘Company,’) announced that it has received a letter from NASDAQ, indicating that the Company has regained compliance with the $1.00 per share minimum closing bid price requirement for continued listing on the NASDAQ Capital Market, pursuant to the NASDAQ marketplace rules. For at least 10 consecutive business days from September 18 to September 29, 2023, the closing bid price has been greater than $1.00. NASDAQ indicated within its letter that since the Company has regained compliance with Listing Rule 5550(a)(2) (the ‘Minimum Bid Price Rule’), this matter is now closed. Valuation Update With 7 Day Price Move • Sep 20
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to €1.03, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 7x in the Shipping industry in Europe. Total loss to shareholders of 88% over the past three years. Reported Earnings • Sep 13
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: US$7.84m (down 59% from 2Q 2022). Net loss: US$1.16m (down 111% from profit in 2Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.5% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 192% per year but the company’s share price has fallen by 54% per year, which means it is significantly lagging earnings. Announcement • Sep 12
Globus Maritime Limited to Report Q2, 2023 Results on Sep 12, 2023 Globus Maritime Limited announced that they will report Q2, 2023 results After-Market on Sep 12, 2023 New Risk • Aug 29
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 66% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 66% per year for the foreseeable future. High level of non-cash earnings (22% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (28% net profit margin). Market cap is less than US$100m (€16.4m market cap, or US$17.8m). Announcement • Aug 24
Globus Maritime Limited, Annual General Meeting, Sep 21, 2023 Globus Maritime Limited, Annual General Meeting, Sep 21, 2023, at 11:00 E. Europe Standard Time. Location: 128 Vouliagmenis Avenue in Glyfada Attica Greece Agenda: To elect two Class I directors to serve until the 2026 annual meeting of shareholders; to approve the appointment of Ernst & Young Certified Auditors 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 and outstanding shares of common stock and Series B preferred shares by an aggregate ratio of not more than one-for-20, with the exact ratio to be set at a whole number to be determined by the Company’s Board of Directors or a committee thereof in its discretion, at any time or times after approval of the amendments, and to authorize the Company’s Board of Directors to implement one or more reverse stock splits by filing one or more amendments with the Registrar of Corporations of the Republic of the Marshall Islands; and to discuss other matters. Reported Earnings • Jun 04
First quarter 2023 earnings released: EPS: US$0.13 (vs US$0.59 in 1Q 2022) First quarter 2023 results: EPS: US$0.13 (down from US$0.59 in 1Q 2022). Revenue: US$8.58m (down 54% from 1Q 2022). Net income: US$2.59m (down 79% from 1Q 2022). Profit margin: 30% (down from 66% in 1Q 2022). Revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 1.1% decline forecast for the Shipping industry in Europe. Announcement • Jun 01
Globus Maritime Limited to Report Q1, 2023 Results on Jun 02, 2023 Globus Maritime Limited announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on Jun 02, 2023 Reported Earnings • Mar 21
Full year 2022 earnings released Full year 2022 results: Revenue: US$61.8m (up 42% from FY 2021). Net income: US$24.3m (up 62% from FY 2021). Profit margin: 39% (up from 35% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 4.3% p.a. on average during the next 2 years compared to a 11% decline forecast for the Shipping industry in Europe. Reported Earnings • Nov 30
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: US$15.9m (up 24% from 3Q 2021). Net income: US$4.34m (down 22% from 3Q 2021). Profit margin: 27% (down from 44% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 4.6% p.a. on average during the next 3 years compared to a 13% decline forecast for the Shipping industry in Europe. Announcement • Nov 24
Globus Maritime Limited to Report Q3, 2022 Results on Nov 28, 2022 Globus Maritime Limited announced that they will report Q3, 2022 results After-Market on Nov 28, 2022 Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Independent Non-Executive Director Ioannis Kazantzidis was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 22
Globus Maritime Limited Approve Election of Georgios “George Feidakis” as Class III Director Globus Maritime Limited announced that at the annual meeting of shareholders held on September 21, 2022 approved the election of Mr. Georgios “George Feidakis” as Class III director of the Company, to serve until the 2025 Annual Meeting of Shareholders. Announcement • Aug 23
Globus Maritime Limited, Annual General Meeting, Sep 21, 2022 Globus Maritime Limited, Annual General Meeting, Sep 21, 2022, at 11:00 E. Europe Standard Time. Location: offices of Globus Shipmanagement Corp. at 128 Vouliagmenis Avenue in Glyfada Attica Greece Agenda: To elect one Class III director to serve until the 2025 annual meeting of shareholders ("Proposal One"); to approve the appointment of Ernst & Young (Hellas) Certified Auditors Accountants S.A. as the Company's independent auditors for the fiscal year ending December 31, 2022 ("Proposal Two"); and to transact any other business as may properly come before the Meeting or any adjournment thereof. Reported Earnings • Aug 19
Second quarter 2022 earnings released: EPS: US$0.54 (vs US$0.002 loss in 2Q 2021) Second quarter 2022 results: EPS: US$0.54 (up from US$0.002 loss in 2Q 2021). Revenue: US$19.1m (up 180% from 2Q 2021). Net income: US$11.0m (up US$11.0m from 2Q 2021). Profit margin: 57% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to decline by 15% while the Shipping industry in Germany is not expected to grow. Announcement • Aug 13
Globus Maritime Limited to Report Q2, 2022 Results on Aug 16, 2022 Globus Maritime Limited announced that they will report Q2, 2022 results After-Market on Aug 16, 2022 Reported Earnings • Jun 08
First quarter 2022 earnings released: EPS: US$0.59 (vs US$0.11 loss in 1Q 2021) First quarter 2022 results: EPS: US$0.59 (up from US$0.11 loss in 1Q 2021). Revenue: US$18.4m (up 257% from 1Q 2021). Net income: US$12.1m (up US$12.8m from 1Q 2021). Profit margin: 66% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 5.5%, compared to a 9.7% growth forecast for the industry in Germany. Announcement • Jun 03
Globus Maritime Limited to Report Q1, 2022 Results on Jun 06, 2022 Globus Maritime Limited announced that they will report Q1, 2022 results After-Market on Jun 06, 2022 Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Independent Non-Executive Director Ioannis Kazantzidis was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improved over the past week After last week's 22% share price gain to €2.17, the stock trades at a trailing P/E ratio of 3.4x. Average forward P/E is 7x in the Shipping industry in Europe. Total loss to shareholders of 99% over the past three years. Reported Earnings • Apr 12
Full year 2021 earnings released Full year 2021 results: Revenue: US$43.4m (up 269% from FY 2020). Net income: US$15.0m (up US$32.3m from FY 2020). Profit margin: 35% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Over the next year, revenue is forecast to grow 18%, compared to a 16% growth forecast for the industry in Germany. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improved over the past week After last week's 15% share price gain to €2.00, the stock trades at a trailing P/E ratio of 23.3x. Average forward P/E is 7x in the Shipping industry in Europe. Total loss to shareholders of 100% over the past three years. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €1.42, the stock trades at a trailing P/E ratio of 19x. Average forward P/E is 7x in the Shipping industry in Europe. Total loss to shareholders of 100% over the past three years. Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improved over the past week After last week's 16% share price gain to €1.91, the stock trades at a trailing P/E ratio of 26.4x. Average forward P/E is 8x in the Shipping industry in Europe. Total loss to shareholders of 99% over the past three years. Reported Earnings • Dec 01
Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2021 results: EPS: US$0.28 (up from US$0.81 loss in 3Q 2020). Revenue: US$12.8m (up 301% from 3Q 2020). Net income: US$5.58m (up US$6.84m from 3Q 2020). Profit margin: 44% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 18%. Over the next year, revenue is forecast to grow 66%, compared to a 24% growth forecast for the industry in Germany. Reported Earnings • Sep 29
Second quarter 2021 earnings released The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: US$6.83m (up 197% from 2Q 2020). Net loss: US$23.0k (loss narrowed 100% from 2Q 2020). Reported Earnings • Jun 22
First quarter 2021 earnings released: US$0.11 loss per share (vs US$155 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: US$5.17m (up 126% from 1Q 2020). Net loss: US$766.0k (loss narrowed 92% from 1Q 2020). Announcement • Jun 19
Globus Maritime Limited Reports Impairment Loss for the First Quarter Ended March 31, 2021 Globus Maritime Limited reported impairment loss for the first quarter ended March 31, 2021. During the first quarter of 2020, the Company concluded that the recoverable amounts of its vessels were lower than their respective carrying amounts and recognized an impairment loss of $4.6 million. No impairment was recorded during the first quarter of 2021. Reported Earnings • Mar 30
Full year 2020 earnings released: US$5.71 loss per share (vs US$873 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: US$11.8m (down 25% from FY 2019). Net loss: US$17.4m (loss narrowed 52% from FY 2019). Is New 90 Day High Low • Mar 02
New 90-day low: €4.30 The company is down 41% from its price of €7.30 on 02 December 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 21% over the same period. Announcement • Feb 03
Globus Maritime Limited Secures New Charter Employment for Its Vessel Sun Globe Globus Maritime Limited announced that it has secured a new charter employment for its vessel Sun Globe (a 58,790-deadweight ton built Supramax dry bulk carrier built in 2007, at Tsuneishi Heavy Industries Cebu shipyard). The vessel has been chartered to an unrelated charterer. The charter commences on February 1, 2021 and has a minimum duration of four months (minus 15 days) and a maximum duration of six months, at the charterer's option (plus 15 days for redelivery), which is expected to generate gross revenue of approximately $1.25 million assuming the charter continues for the minimum scheduled period and approximately $2.3 million if the charter continues for the maximum period, in each case assuming no offhire days. Is New 90 Day High Low • Jan 30
New 90-day low: €4.32 The company is down 31% from its price of €6.26 on 30 October 2020. The German market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 27% over the same period. Is New 90 Day High Low • Dec 30
New 90-day low: €4.78 The company is down 46% from its price of €8.90 on 01 October 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 33% over the same period. Is New 90 Day High Low • Dec 09
New 90-day low: €5.70 The company is down 30% from its price of €8.15 on 10 September 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 26% over the same period. Reported Earnings • Dec 06
Third quarter 2020 earnings released: US$0.81 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: US$3.18m (down 36% from 3Q 2019). Net loss: US$1.27m (down US$1.55m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has fallen by 83% per year, which means it is performing significantly worse than earnings. Announcement • Dec 04
Globus Maritime Limited to Report Q3, 2020 Results on Dec 04, 2020 Globus Maritime Limited announced that they will report Q3, 2020 results at 5:00 PM, GTB Standard Time on Dec 04, 2020 Announcement • Nov 06
Globus Maritime Regains Compliance with Nasdaq Minimum Closing Bid Price Globus Maritime Limited (NasdaqCM:GLBS) announced on November 05, 2020 that it has received a letter from NASDAQ, indicating that the Company has regained compliance with the $1.00 per share minimum closing bid price requirement for continued listing on the NASDAQ Capital Market, pursuant to the NASDAQ marketplace rules. For at least 10 consecutive business days from October 21, 2020 to November 4, 2020, the closing bid price has been greater than $1.00. NASDAQ indicated within its letter that since the Company has regained compliance with Listing Rule 5550(a)(2) (the “Minimum Bid Price Rule”), this matter is now closed. Is New 90 Day High Low • Oct 29
New 90-day low: €6.02 The company is down 41% from its price of €10.20 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 15% over the same period. Announcement • Oct 13
Globus Maritime Limited Announces the Acquisition of A 2015-Built Kamsarmax Dry Bulk Carrier, Expanding Fleet to Six Vessels Globus Maritime Limited announced that it has entered into, through a separate wholly owned subsidiary, an agreement with an unaffiliated third party to purchase a 2015-built Kamsarmax vessel built by the Hudong-Zhonghua Shipbuilding shipyard, for $18.4 million. The vessel is expected to be delivered to Globus during the fourth quarter of 2020. On completion of this acquisition, the fleet of Globus will expand to six modern dry bulk carriers with a total carrying capacity of 381,738 deadweight tons and a weighted average age of 10.9 years. Reported Earnings • Sep 27
First half earnings released Over the last 12 months the company has reported total losses of US$46.1m, with losses widening by US$41.5m from the prior year. Total revenue was US$13.3m over the last 12 months, down 18% from the prior year. Announcement • Sep 25
Globus Maritime Limited to Report Q2, 2020 Results on Sep 25, 2020 Globus Maritime Limited announced that they will report Q2, 2020 results on Sep 25, 2020 Announcement • Jun 19
Globus Maritime Limited has completed a Composite Units Offering in the amount of $12 million. Globus Maritime Limited has completed a Composite Units Offering in the amount of $12 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 34,285,714
Price\Range: $0.35
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant