Globus Maritime Limited reports solid financial results for Q2 and H1 2024.

From GlobeNewswire: 2024-09-12 16:05:00

Globus Maritime Limited (NASDAQ: GLBS) released its unaudited financial results for Q2 and H1 2024, with revenue at $9.5 million and $17.2 million respectively. Net income was $3.3 million for Q2 and $3 million for H1. Adjusted EBITDA was $4 million for Q2 and $6 million for H1. Time Charter Equivalent was $14,578 per day in Q2 and $13,246 per day in H1. As of the press release, Globus owns and operates seven dry bulk carriers. Recent developments include the delivery of two new Ultramax vessels, financed through debt and financing agreements. The Company also sold a 2005-built vessel for a gain. Globus is focused on expanding its fleet with modern and fuel-efficient vessels while maintaining profitability and a healthy balance sheet.



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