Globus Maritime Limited Reports Financial Results for the Quarter Ended March 31, 2026
Globus Maritime reported Q1 2026 revenue of $12.2 million, a 42% increase from the prior year, driven by a 68% rise in Time Charter Equivalent rates to $15,706 per day. The company turned profitable with net income of $1.1 million, or $0.05 per share, compared to a net loss of $1.5 million in Q1 2025.
Key figures
- Eps
- 0.05
- Revenue
- 12248000
- Revenue Yoy
- 42%
- Tce rate
- 15706
- Net income
- 1089000
- Adjusted ebitda
- 6198000
- Fleet utilization
- 98.5%
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