United Maritime Full Year 2024 Earnings: US$0.39 loss per share (vs US$0.015 profit in FY 2023)

United Maritime (NASDAQ:USEA) Full Year 2024 Results

Key Financial Results

• Revenue: US$45.4m (up 26% from FY 2023).
• Net loss: US$3.38m (down from US$126.0k profit in FY 2023).
• US$0.39 loss per share (down from US$0.015 profit in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

United Maritime Earnings Insights

Looking ahead, revenue is expected to fall by 5.0% p.a. on average during the next 2 years compared to a 2.9% decline forecast for the Shipping industry in the US.

Performance of the American Shipping industry.

The company's shares are down 15% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for United Maritime (2 don't sit too well with us!) that you should be aware of.

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