Globus Maritime (GLBS) Financial Statements & Analysis

Globus Maritime (GLBS) Income Statement

Globus Maritime reported revenue of $44.21M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 26.8% from $34.87M a year earlier. Globus Maritime posted a net loss of $1.75M, compared with net income of $431.00K a year earlier. Gross margin was 53.7% and operating margin 10.2%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $14.61M, up 53.2% from the same quarter a year earlier.

Globus Maritime Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Globus Maritime Limited income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	44.21	34.87	31.21	61.76	43.38	11.75	15.62	17.35	14.42
Cost of Revenue	24.97	28.26	24.21	33.63	17.69	12.41	17.41	16.88	16.74
Gross Profit	23.75	6.61	11.18	28.12	28.45	-0.65	-1.78	0.47	-2.32
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	6.83	4.90	4.25	4.00	3.97	3.81	1.88	1.92	1.78
Operating Expenses	19.24	5.11	4.90	4.49	10.50	6.24	1.97	1.92	1.70
Operating Income	4.52	1.51	6.28	23.63	17.94	-6.90	-4.37	-1.45	-4.02
Other Income/Expense
Interest Income	1.53	2.77	2.63	0.38	0.01	0.02	0.05	2.03	0.00
Interest Expense	7.97	6.03	-4.00	2.36	-2.56	-4.06	4.70	0.00	2.22
Other Income/Expense	-6.26	-1.08	-1.01	0.65	-2.99	-1.74	-31.99	-2.12	-2.46
Income
Income Before Tax	-1.75	0.43	5.27	24.28	14.95	-17.37	-36.35	-3.57	-6.48
Income Tax Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	-1.75	0.43	5.27	24.28	14.95	-17.37	-36.35	-3.57	-6.48
Net Income - Continuous Operations	-1.75	0.43	5.27	24.28	14.95	-17.37	-36.35	-3.57	-6.48
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	12.08	16.20	2.43	36.89	21.48	-4.61	-25.89	4.26	1.70
EBIT	2.40	6.46	-1.99	23.84	17.77	-6.90	-	-	-
Depreciation & Amortization	14.53	9.74	4.41	10.25	3.70	2.29	6.43	5.77	5.72
Earnings Per Share
Basic EPS	-	-	-	1.00	1.00	-18.00	-873.00	-112.00	-251.00
Diluted EPS	-	-	-	1.00	1.00	-18.00	-873.00	-112.00	-251.00
Basic Shares Outstanding	20.68	20.58	20.58	20.58	14.81	0.96	0.04	0.03	0.03
Diluted Shares Outstanding	20.68	20.58	20.58	20.58	14.81	0.96	0.04	0.03	0.03

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Globus Maritime Financial Statements

What was Globus Maritime's revenue in fiscal 2025?

Globus Maritime reported revenue of $44.21M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 26.8% from $34.87M a year earlier.

Is Globus Maritime profitable?

No. Globus Maritime reported a net loss of $1.75M in fiscal 2025. In fiscal 2024 it earned $431.00K.

What is Globus Maritime's operating margin?

Globus Maritime's operating income was $4.51M on revenue of $44.21M in fiscal 2025, an operating margin of 10.2%, compared with 4.3% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition