United Maritime Past Earnings Performance
Past criteria checks 1/6
United Maritime has been growing earnings at an average annual rate of 48.7%, while the Shipping industry saw earnings growing at 48.3% annually. Revenues have been growing at an average rate of 56.2% per year. United Maritime's return on equity is 0.3%, and it has net margins of 0.3%.
Key information
48.7%
Earnings growth rate
-99.8%
EPS growth rate
| Shipping Industry Growth | 51.9% |
| Revenue growth rate | 56.2% |
| Return on equity | 0.3% |
| Net Margin | 0.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
United Maritime Corporation's (NASDAQ:USEA) Subdued P/S Might Signal An Opportunity
Mar 13
United announces sale of two Aframax Petroleum Tankers
Oct 13United Maritime stock gains as it initiates additional $3M stock buyback plan
Sep 22United Maritime gains on $3M stock buyback plan
Sep 02United Maritime stock slides on $26M equity offering
Jul 18Seanergy Maritime jumps 7% as gets delivery of Japanese built vessel, secures additional financing
Jul 07Revenue & Expenses BreakdownBeta
How United Maritime makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 36 | 0 | 8 | 0 |
| 30 Sep 23 | 42 | 38 | 13 | 0 |
| 31 Dec 22 | 25 | 38 | 7 | 0 |
| 31 Dec 21 | 7 | 2 | 1 | 0 |
| 31 Dec 20 | 4 | 1 | 1 | 0 |
| 31 Dec 19 | 7 | 0 | 1 | 0 |
Quality Earnings: USEA has a high level of non-cash earnings.
Growing Profit Margin: USEA's current net profit margins (0.3%) are lower than last year .
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: USEA's earnings have grown significantly by 48.7% per year over the past 5 years.
Accelerating Growth: USEA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: USEA had negative earnings growth (-99.7%) over the past year, making it difficult to compare to the Shipping industry average (-41.2%).
Return on Equity
High ROE: USEA's Return on Equity (0.3%) is considered low.