United Maritime Corporation

USEA · NASDAQ · Industrials / Marine Shipping

2.96USD-0.06 (-1.99%)

Price History

Full chart

Market Stats

Previous Close3.02

Open3.00

Day Range2.90 – 3.01

52-Week Range1.21 – 3.09

Volume106.29K

Market Cap25.94M

P/E (TTM)0.00

Forward P/E0.00

EPS-0.20

Dividend Yield14.71%

Beta0.73

50-Day Avg2.79

200-Day Avg2.30

About

United Maritime Corporation operates as a shipping company that offers seaborne transportation services worldwide. The company operates a fleet of six dry bulk vessels comprising one Capesize, two Kamsarmax and three Panamax vessels with an aggregate cargo-carrying capacity of approximately 577,750 dwt. United Maritime Corporation was incorporated in 2022 and is based in Glyfada, Greece.

Company Details

SectorIndustrials
IndustryMarine Shipping
CEOMr. Stamatios Tsantanis
Employees6
Headquarters154 Vouliagmenis Avenue, Glyfada, Greece, 166 74, USA
Websitehttps://www.unitedmaritime.gr

Leadership

Mr. Stamatios TsantanisChairman & CEO · b. 1972
Mr. Stavros GyftakisCFO & Director · b. 1979
Ms. Theodora MitropetrouGeneral Counsel & Corporate Secretary

Financials

Income Statement

Currency: USD	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	6.88M	4.12M	7.40M	22.78M	36.07M	45.44M	37.78M
Growth (%)	-	-40.10%	+79.32%	+208.09%	+58.30%	+25.98%	-16.84%
Cost of Revenue	5.64M	3.18M	3.52M	12.33M	32.81M	21.52M	31.54M
Gross Profit	1.24M	941.43K	3.87M	10.46M	3.26M	23.92M	6.25M
Gross Margin	18.01%	22.83%	52.34%	45.90%	9.04%	52.65%	16.54%
Operating Expense	649.79K	640.46K	955.65K	-30.05M	-3.82M	19.11M	6.33M
Operating Income	590.21K	300.97K	2.92M	40.50M	7.08M	4.82M	-86.00K
Operating Margin	8.57%	7.30%	39.42%	177.77%	19.63%	10.60%	-0.23%
EBITDA	1.20M	2.44M	3.55M	41.44M	2.38M	13.30M	11.02M
EBITDA Margin	17.41%	59.23%	47.98%	181.87%	6.59%	29.27%	29.17%
Net Income	-275.64K	1.09M	2.17M	37.49M	221.00K	-3.38M	-6.19M
Net Income Margin	-4.00%	26.46%	29.35%	164.55%	0.61%	-7.45%	-16.38%
Interest Expense	870.34K	708.45K	743.69K	2.45M	7.18M	8.42M	6.42M
Interest Expense % of Total Revenue	12.64%	17.18%	10.06%	10.76%	19.92%	18.52%	16.99%

Balance Sheet

Currency: USD	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	-	13.94M	13.43M	125.66M	174.81M	172.07M	138.68M
Total Liabilities	-	6.63M	6.39M	61.09M	108.94M	111.98M	82.22M
Total Equity	-	7.31M	7.04M	64.57M	65.87M	60.09M	52.92M
Cash	-	406.01K	765.48K	54.73M	13.80M	6.41M	14.16M
Total Debt	-	6.09M	5.38M	42.61M	95.95M	97.72M	64.84M
Net Debt	-	5.68M	4.62M	-12.13M	82.15M	91.31M	50.67M

Cash Flow

Currency: USD	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	621.06K	-444.61K	3.66M	6.74M	-6.23M	3.26M	2.21M
Investing Cash Flow	-10.25K	-10.78K	-56.07K	36.33M	-59.14M	7.95M	40.43M
Financing Cash Flow	980.85K	-730.95K	-3.24M	26.87M	9.94M	-18.95M	-34.84M
Capital Expenditure	10.25K	10.78K	56.07K	93.52M	81.75M	249.00K	757.00K
Free Cash Flow	610.81K	-455.39K	3.60M	-86.78M	-87.98M	3.02M	1.46M
Dividends Paid	-	-	-	243.00K	9.36M	2.64M	1.12M
FCF to OCF	98.35%	102.43%	98.47%	-1288.15%	1412.59%	92.37%	65.78%
Dividend Paid to FCF	-	-	-	-0.28%	-10.64%	87.66%	76.91%

Earnings

Report Date	Apr 14, 2022	Oct 12, 2022	Feb 22, 2023	Mar 31, 2023	Jun 30, 2023	Sep 30, 2023	Dec 31, 2023	May 29, 2024	Aug 6, 2024	Nov 26, 2024	Mar 18, 2025	May 22, 2025	Aug 6, 2025	Nov 11, 2025	Feb 25, 2026	May 21, 2026	Jul 30, 2026	Nov 10, 2026
EPS Estimate	0.00	0.00	0.00	-	-	-	-	-0.15	0.17	-0.12	-0.31	-0.53	-0.14	-0.15	-0.08	-0.12	0.03	-
EPS Actual	0.30	-0.48	3.44	-0.64	-0.34	0.91	-0.08	-0.15	0.09	-0.10	-0.08	-0.50	0.02	0.12	-0.17	-0.01	0.12	-
Surprise	-	-	-	-	-	-	-	0.00%	-47.06%	16.67%	74.19%	5.66%	114.29%	180.00%	-108.85%	91.67%	300.00%	-
Timing	-	-	-	-	-	-	-	-	Pre-market	Pre-market	-	Pre-market	Pre-market	Pre-market	-	After-hours	Pre-market	-

Key Statistics & Ratios

Market Cap25.94M

Enterprise Value111.56M

Trailing P/E0.00

Forward P/E0.00

Price / Sales0.73

Price / Book0.59

EPS-0.20

Book Value5.50

Revenue (TTM)35.49M

Gross Profit (TTM)17.41M

EBITDA8.27M

Profit Margin-4.89%

Operating Margin18.81%

Return on Equity-2.97%

Return on Assets1.23%

Shares Outstanding9.54M

Shares Float7.17M

Beta0.73

Dividend Yield14.71%

Dividend Rate0.40

Payout Ratio6.50%

Analyst Ratings

Buy

Based on 1 analystsTarget 4.00

Buy
1

Ownership Breakdown

Institutions: 6.41%
Insiders: 24.80%
Retail / Other: 68.79%

Top Institutional Holders

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19.04K0.21%
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13.76K0.15%
The Goldman Sachs Group Inc
13.14K0.14%
SBI Securities Co Ltd
2.43K0.03%
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1.63K0.02%
Morgan Stanley - Brokerage Accounts
850.00%
Royal Bank of Canada
590.00%
Caitong International Asset Management Co., Limited.
40.00%
Robinswood Financial LLC
40.00%
Wells Fargo & Co
10.00%
Citadel Advisors Llc
00.00%

Top Fund Holders

Fidelity Nasdaq Composite Index
4.47K0.05%

Dividends

20263×

0.10Sep 25, 20260.10Jun 29, 20260.10Mar 27, 2026

20254×

0.09Dec 29, 20250.03Aug 18, 20250.01Jun 30, 20250.01Mar 27, 2025

20244×

0.07Dec 27, 20240.07Sep 27, 20240.07Jun 25, 20240.07Mar 21, 2024

20235×

0.07Dec 21, 20230.07Sep 21, 20230.07Jun 21, 20230.07Mar 21, 20231.00Jan 11, 2023