Globus Maritime Limited Reports Financial Results for the Second Quarter and Six-Month Period Ended June 30, 2026
Globus Maritime swung to a profit in the second quarter of 2026, reporting net income of $4.0 million compared to a net loss of $1.9 million in the prior year. Revenue surged 53% year-over-year to $14.6 million, driven by a 72% increase in Time Charter Equivalent rates to $19,686 per day as the dry bulk market strengthened.
Key figures
- Eps
- 0.19
- Revenue
- 14610000
- Revenue h1
- 26858000
- Tce rate h1
- 17691
- Tce rate q2
- 19686
- Net income h1
- 5128000
- Net income q2
- 4039000
- Adjusted ebitda h1
- 15306000
- Adjusted ebitda q2
- 9108000
- Fleet utilization q2
- 99.5%
AI analysis
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