Globus Maritime returns to profit in Q2 FY26 with net income of $4.04 million; revenue rises 53.18% to $14.61 million vs Q2 FY25

Reuters2026/08/07 20:07

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Globus Maritime posted Q2 revenue of USD 14.6 million, up 53.18% year over year, as net income swung to USD 4.04 million.
Basic EPS turned positive at USD 0.19; adjusted EBITDA (non-IFRS) rose to USD 9.11 million, up 180.55%.
Time charter equivalent climbed 72% to USD 19,686 per day, attributed to better bulk shipping market conditions.
Fleet remained at nine dry bulk carriers; all vessels operated on short-term time charters, with utilization easing 0.3 percentage points to 99.5%.
Management said it is nearing completion of its Japanese newbuilding program, while continuing to focus on spot and short-term charters amid geopolitical disruptions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Globus Maritime Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608071605PRIMZONEFULLFEED9806030) on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Globus Maritime returns to profit in Q2 FY26 with net income of $4.04 million; revenue rises 53.18% to $14.61 million vs Q2 FY25

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