Globus Maritime Limited Reports Financial Results for the Quarter and Year Ended December 31, 2017
Globus Maritime Limited (GLBS)
US:NASDAQ Investor Relations:
globusmaritime.gr/stock_information.html
Company Research
Source: GlobeNewswire
ATHENS, Greece, March 09, 2018 (GLOBE NEWSWIRE) -- Globus Maritime Limited ("Globus," the “Company," “we,” or “our”) (NASDAQ:GLBS), a dry bulk shipping company, today reported its unaudited consolidated operating and financial results for the quarter and year ended December 31, 2017. In 12M 2017, Total revenues increased by about 60% compared to 12M 2016 In Q4 2017, Total revenues increased by almost 57% and loss decreased by about 48% compared to Q4 2016In 12M 2017, Debt under loan agreements was reduced by about 37% compared to 12M 2016 Financial Highlights Three months ended Year ended December 31, December 31,(Expressed in thousands of U.S dollars except for daily rates and per share data)2017 2016 2017 2016 Total revenues4,111 2,618 14,423 9,018 Adjusted (LBITDA)/EBITDA (1)902
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