GLBS · NASDAQ · Marine Shipping

Globus Maritime (GLBS)

Operates dry-bulk vessels carrying industrial commodities worldwide.

$3.78
vs last close−0.07 (−1.87%)
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Globus Maritime LimitedGLBS
Industrials

Moves major bulk commodities worldwide through a fleet of Kamsarmax and Ultramax carriers. A founder-chaired, Greece-operated shipping platform, it depends on the volatile and unpredictable dry-bulk market.

Owns, operates, and manages dry-bulk vessels that move iron ore, coal, grain, steel products, cement, and alumina worldwide. Its public fleet schedule lists Kamsarmax and Ultramax carriers, and operations are managed from Greece. The company has repeatedly renewed its small fleet. It provides worldwide marine transportation.

Founded by George Feidakis and later moved from AIM to Nasdaq, the company remains founder-chaired while Athanasios Feidakis serves as president, chief executive officer, and chief financial officer. Its activity depends on dry-bulk shipping markets, which the annual report describes as volatile and unpredictable.

Company facts

CEOAthanasios Feidakis
ListedNov 24, 2010
ExchangeNASDAQ
HeadquartersAthens, Greece
CountryGreece
Employees25
CIK0001499780
ISINMHY272651263

Market cap$83.1M
EPS (ttm)$0.3164
P/E (ttm)12.17
ROE3.8%
P/B0.4588
P/S1.57
Dividend yieldDiv yield
Beta1.22vs XLI −0.02

Price target$5.00+29.9%Average of 3 analysts
ConsensusBuy2 of 3 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jun 15, 2026Maxim GroupReiterate
Rating: Target: $3
Rating: BuyTarget: $5

Next report
Nov 20, 26
in 59 days
EPS estimate
$0.16
Revenue estimate
$16.5M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25Jun '25Sep '25Nov '25Mar '26Jun '26Aug '26Nov '26
Reported−$0.10−$0.07−$0.09$0.04$0.05$0.05$0.19Pending
Estimate−$0.09−$0.09−$0.18−$0.12−$0.09−$0.05$0.10$0.16
Surprise−11.1%+22.2%+50.0%+133.3%+155.6%+200.0%+90.0%

RevenueReportedEstimate

Mar '25Jun '25Sep '25Nov '25Mar '26Jun '26Aug '26Nov '26
Reported$8.7M$8.6M$9.5M$12.6M$13.5M$12.2M$14.6MPending
Estimate$9.1M$10.7M$8.8M$10.5M$11.6M$10.4M$13.9M$16.5M
Surprise−4.4%−19.6%+8.4%+20.0%+16.4%+17.8%+5.1%
Estimate$0.16
ReportedDue Nov 20, 2026
Estimate$16.5M
ReportedDue Nov 20, 2026
View details

Debt to equity58.70%
Current ratio277.30%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$9.0M$8.7M$8.6M$9.5M$12.6M$13.5M$12.2M$14.6M
Net income−$550.0K−$2.0M−$1.5M−$1.9M$725.0K$878.0K$1.1M$4.0M
Net margin0.0%0.0%0.0%0.0%5.8%6.5%8.9%27.6%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$809.0K−$890.0K−$1.7M−$408.0K$2.0M$2.6M$2.2M$5.5M
YoY growth−77.5%Turned lossLoss widenedTurned loss+144.4%Turned profitTurned profitTurned profit

Balance sheet, Jun 30, 2026Cash & short-term investments $29.8M · Total debt $106.3M · Total assets $294.1M · Shareholders' equity $181.1M

Revenue
$14.6M
Operating income
$5.5M
Net income
$4.0M
View details

No dividends on record.

Institutions3.09%667.2K ADS
14 holders · as of Jun 30, 2026
Insiders6.23%1.34M ADS
3 holders · as of Mar 18, 2026
Strategic holders10.58%2.28M ADS
1 holder · as of Aug 14, 2025
Other80.10%17.29M ADS
remainder

21.58M ADS as of Sep 2, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count is from the company's Dec 2024 annual report; nothing newer is on file here.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Armistice Capital, LLCStrategic
10.58%2.28Mfiled Aug 14, 2025
Athanasios FeidakisInsiderdirector, officer: See Remarks
6.16%1.33M ordinaryfiled Mar 18, 2026
Renaissance Technologies LLCInstitution
1.08%232,800 ADSas of Jun 30, 2026
Citadel Advisors LLCInstitution
0.86%186,151 ADSas of Jun 30, 2026
Jane Street Group, LLCInstitution
0.29%61,814 ADSas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 18, 2026Georgios Feidakisdirector+106,400$2.70
Jul 13, 2026Georgios Feidakisdirector+114,766$2.75
Mar 31, 2026Georgios Feidakisdirector+375,145$2.14
Mar 30, 2026Georgios Feidakisdirector+15,395$1.93
Mar 25, 2026Georgios Feidakisdirector+11,100$1.80
View details

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