Globus Maritime Limited Reports Financial Results for the Quarter and Nine-Month Period Ended September 30, 2018
Globus Maritime Limited (GLBS)
US:NASDAQ Investor Relations:
globusmaritime.gr/stock_information.html
Company Research
Source: GlobeNewswire
ATHENS, Greece, Nov. 12, 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 nine month period ended September 30, 2018. In Q3 2018 the Company had total comprehensive income of US$254 thousand compared to a loss of US$1,473 thousand in Q3 2017.In 9M 2018, Total revenues increased by about 31% compared to 9M 2017.In Q3 2018, Total revenues increased by about 27% compared to Q3 2017.In Q3 2018, Vessel Operating expenses decreased by around 14% compared to Q3 2017. Financial Highlights Three months endedNine months ended September 30, September 30,(Expressed in thousands of U.S dollars except for daily rates and per share data)2018201720182017Total revenues4,8613,83412,9939,931Adjusted EBITDA (1)2,2545193,534802Total comprehensive income/(loss)254(1,473)(2,219)(5,198)Basic earnings/(loss) per share (2)0.0
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