Globus Maritime Ltd

Globus Maritime Ltd has a market price of $2.07 and a market cap of $44.68 million, with a price-to-book ratio of 0.25, indicating that the company's market value is significantly below its book value. The company's liquidity is assessed as medium, with a current ratio of 6.13, suggesting a strong short-term liquidity position. However, the company has a negative net cash position after subtracting total debt, which could pose a liquidity risk.

In terms of profitability, Globus Maritime Ltd reported a net loss of $299,000 and an operating loss of $247,000, with a return on equity of -0.0017 and a return on assets of -0.0013, indicating poor profitability relative to its equity and asset base. The company's gross profit of $4.23 million suggests some level of operational efficiency, but the negative operating and net income highlight significant challenges in converting this into profit.

The company's revenue of $7.71 million is not broken down by segments or geographic regions in the provided data, so the extent of revenue concentration or diversification cannot be determined from the available information. The company's capital expenditure of -$19.68 million indicates a significant outflow related to capital investments, which could be a sign of fleet expansion or maintenance.

Looking at the growth trajectory, the provided data does not include specific outlook figures for the current or next fiscal year, making it difficult to assess the company's growth potential based on revenue history. The company's free cash flow is negative at -$17.41 million, which could limit its ability to fund operations or growth without external financing.

The risk assessment indicates a medium liquidity risk and a low dilution risk, with the key flag being the negative net cash position after subtracting total debt. The company's debt-to-equity ratio of 0.29 suggests a relatively low level of leverage, which is generally favorable for financial stability.

There are no recent events or filings mentioned in the provided data that would indicate significant changes in the company's operations or financial status.

Revenue grew 26.8% year-over-year to $44.2 million in FY2026, demonstrating top-line expansion despite recent volatility.

Free cash flow surged 118.1% to $17.9 million in FY2026, reversing a significant negative position from the prior year.

Operating income increased 46.8% year-over-year to $5.0 million in FY2026, indicating improved core operational profitability.

Debt-to-equity ratio of 0.29 is above the cohort median of 0.32, suggesting a relatively conservative leverage profile.

Analyst consensus maintains a buy recommendation with a $3.00 price target, implying modest upside potential from current levels.

The company faces high credit risk and medium liquidity risk, posing significant threats to financial stability and operations.

Net margin of -3.9% and ROE of -0.2% place the firm in the bottom quartile of its peer cohort.

Long-term debt increased to $86.1 million in FY2025 before declining to $57.8 million in FY2026, reflecting high leverage volatility.

Cash conversion ratio of -4.99 is in the bottom quartile, indicating poor ability to convert earnings into cash.

Revenue $13.5M, +54,8% YoY; Operating income +391,5% YoY.

• ▍Revenue $13.5M, +54,8% YoY
• ▍Operating income +391,5% YoY
• ▍Net income +143,9% YoY
• ▍Free cash flow +116,7% YoY
• ▍Net margin 6.5%

Revenue $12.6M, +40,7% YoY; Operating income +201,4% YoY.

• ▍Revenue $12.6M, +40,7% YoY
• ▍Operating income +201,4% YoY
• ▍Net income +231,8% YoY
• ▍Free cash flow +111,2% YoY
• ▍Net margin 5.8%

Revenue $9.5M, +0,2% YoY; Operating income −111,0% YoY.

• ▍Revenue $9.5M, +0,2% YoY
• ▍Operating income −111,0% YoY
• ▍Net income −157,0% YoY
• ▍Free cash flow −31,8% YoY
• ▍Net margin -19.6%

Revenue $8.6M, +11,8% YoY; Operating income +247,8% YoY.

• ▍Revenue $8.6M, +11,8% YoY
• ▍Operating income +247,8% YoY
• ▍Net income −395,6% YoY
• ▍Free cash flow +119,8% YoY
• ▍Net margin -17.2%

Revenue $8.7M; Operating income -$890.0k.

• ▍Revenue $8.7M
• ▍Operating income -$890.0k
• ▍Net margin -23.0%

Revenue $8.9M; Operating income $809.0k.

• ▍Revenue $8.9M
• ▍Operating income $809.0k
• ▍Net margin -6.1%

Revenue $9.5M; Operating income $3.7M.

• ▍Revenue $9.5M
• ▍Operating income $3.7M
• ▍Net margin 34.5%

Revenue $7.7M; Operating income -$247.0k.

• ▍Revenue $7.7M
• ▍Operating income -$247.0k
• ▍Net margin -3.9%

Revenue $44.2M, +26,8% YoY; Operating income +46,8% YoY.

• ▍Revenue $44.2M, +26,8% YoY
• ▍Operating income +46,8% YoY
• ▍Net income −505,3% YoY
• ▍Free cash flow +118,1% YoY
• ▍Net margin -4.0%

Revenue $34.9M, +11,7% YoY; Operating income −49,2% YoY.

• ▍Revenue $34.9M, +11,7% YoY
• ▍Operating income −49,2% YoY
• ▍Net income −91,8% YoY
• ▍Free cash flow −1 110,3% YoY
• ▍Net margin 1.2%

Revenue $31.2M, −49,5% YoY; Operating income −71,7% YoY.

• ▍Revenue $31.2M, −49,5% YoY
• ▍Operating income −71,7% YoY
• ▍Net income −78,3% YoY
• ▍Free cash flow −65,8% YoY
• ▍Net margin 16.9%

Revenue $61.8M, +42,4% YoY; Operating income +31,9% YoY.

• ▍Revenue $61.8M, +42,4% YoY
• ▍Operating income +31,9% YoY
• ▍Net income +62,4% YoY
• ▍Free cash flow +154,0% YoY
• ▍Net margin 39.3%