GLBS on Nasdaq
GLOBUS MARITIME LTD
GLOBUS MARITIME LTD is a Deep Sea Foreign Transportation of Freight company, listed on Nasdaq (GLBS).1
Price unavailable
Last updated Oct 20, 2026.
Overview
Compare with Pyxis Tankers Inc., Castor Maritime or Heidmar Maritime Holdings Corp., or pick any stock.
- TickerGLBS on Nasdaq1
- IndustryDeep Sea Foreign Transportation of Freight1
- Headquarters1T1
- Incorporated inMarshall Islands3
- Business address128 Vouliagmenis Avenue 3Rd Fl, 166 74 Glyfada, Athens Greece, J3 000003
- Filer categoryNon-accelerated filer3
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April 11, 2016, our common shares began trading on the Nasdaq Capital Market and ceased trading on the Nasdaq Global Market.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs83¢$36.7M
- Interest17¢$7.5M
Out of $44.2M in revenue.2 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Kept or used elsewhere100¢$11.4M
Out of $11.4M of cash from operations.2
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Voyage revenues | $44.2M | $34.5M | $30.8M |
| Management & consulting fee income | $0 | $338.0K | $365.0K |
| Total Revenues | $44.2M | $34.9M | $31.2M |
| Voyage expenses | -$2.2M | -$1.8M | -$3.9M |
| Vessel operating expenses | -$18.2M | -$14.3M | -$16.1M |
| Depreciation | -$10.0M | -$6.2M | -$4.7M |
| Depreciation of drydocking costs | -$4.5M | -$3.5M | -$4.2M |
| Administrative expenses | -$4.2M | -$3.7M | -$3.5M |
| Administrative expenses payable to related parties | -$2.7M | -$3.8M | -$713.0K |
| Reversal of impairment | $0 | $1.9M | $4.4M |
| Gain from sale of vessel | $2.1M | $2.0K | $3.9M |
| Other (expenses)/income, net | -$19.0K | $5.0K | -$14.0K |
| Operating income | $4.5M | $3.4M | $6.3M |
| Interest income | $1.5M | $2.8M | $2.6M |
| Interest expense and finance costs, net | -$8.1M | -$6.3M | -$4.4M |
| Gain from the modification of the Loan | $461.0K | $0 | $417.0K |
| Gain on derivative financial instruments | $27.0K | $467.0K | $388.0K |
| Foreign exchange gains/(losses), net | -$146.0K | $88.0K | -$90.0K |
| TOTAL INCOME/(LOSS) FOR THE YEAR | -$1.7M | $431.0K | $5.3M |
| Other Comprehensive Income/(Loss) | $0 | $0 | $0 |
| TOTAL COMPREHENSIVE INCOME/(LOSS) FOR THE YEAR | -$1.7M | $431.0K | $5.3M |
| -Basic income per share for the period | -$0.08 | $0.02 | $0.26 |
| -Diluted income per share for the period | -$0.08 | $0.02 | $0.26 |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Vessels, net | $233.2M | $249.0M | ||
| Advances for vessel purchase | $22.6M | $15.1M | ||
| Office furniture and equipment | $75.0K | $101.0K | ||
| Right of use asset | $0 | $852.0K | ||
| Restricted cash | $2.0M | $2.8M | ||
| Fair value of derivative financial instruments | $0 | $181.0K | ||
| Other non-current assets | $10.0K | $10.0K | ||
| Total non-current assets | $257.8M | $267.9M | ||
| Current portion of fair value of derivative financial instruments | $113.0K | $442.0K | ||
| Trade accounts receivable, net | $654.0K | $1.1M | ||
| Inventories | $2.2M | $1.2M | ||
| Prepayments and other assets | $1.3M | $2.4M | ||
| Restricted cash | $450.0K | $1.1M | ||
| Cash and cash equivalents | $26.3M | $46.8M | $74.2M | $52.8M |
| Total current assets | $31.0M | $53.0M | ||
| TOTAL ASSETS | $288.8M | $321.0M | ||
| Issued share capital | $86.0K | $82.0K | ||
| Share premium | $285.7M | $284.4M | $284.4M | |
| Accumulated deficit | -$109.8M | -$108.1M | ||
| Total equity | $176.0M | $176.4M | ||
| Long-term borrowings, net of current portion | $51.7M | $59.3M | ||
| Financial liabilities, net of current portion | $49.5M | $50.0M | ||
| Provision for staff retirement indemnities | $253.0K | $191.0K | ||
| Lease liabilities | $0 | $531.0K | ||
| Total non-current liabilities | $101.5M | $110.0M | ||
| Current portion of long-term borrowings | $6.1M | $6.9M | ||
| Current portion of financial liabilities | $1.9M | $1.9M | ||
| Sellers' Credit | $0 | $19.0M | ||
| Trade accounts payable and other | $2.0M | $3.6M | ||
| Accrued liabilities and other payables | $913.0K | $2.2M | ||
| Current portion of lease liabilities | $0 | $332.0K | ||
| Deferred revenue | $448.0K | $696.0K | ||
| Total current liabilities | $11.3M | $34.6M | ||
| TOTAL LIABILITIES | $112.8M | $144.6M | ||
| TOTAL EQUITY AND LIABILITIES | $288.8M | $321.0M |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Vessels, net | $233.2M | $249.0M | ||
| Advances for vessel purchase | $22.6M | $15.1M | ||
| Office furniture and equipment | $75.0K | $101.0K | ||
| Right of use asset | $0 | $852.0K | ||
| Restricted cash | $2.0M | $2.8M | ||
| Fair value of derivative financial instruments | $0 | $181.0K | ||
| Other non-current assets | $10.0K | $10.0K | ||
| Total non-current assets | $257.8M | $267.9M | ||
| Current portion of fair value of derivative financial instruments | $113.0K | $442.0K | ||
| Trade accounts receivable, net | $654.0K | $1.1M | ||
| Inventories | $2.2M | $1.2M | ||
| Prepayments and other assets | $1.3M | $2.4M | ||
| Restricted cash | $450.0K | $1.1M | ||
| Cash and cash equivalents | $26.3M | $46.8M | $74.2M | $52.8M |
| Total current assets | $31.0M | $53.0M | ||
| TOTAL ASSETS | $288.8M | $321.0M | ||
| Issued share capital | $86.0K | $82.0K | ||
| Share premium | $285.7M | $284.4M | $284.4M | |
| Accumulated deficit | -$109.8M | -$108.1M | ||
| Total equity | $176.0M | $176.4M | ||
| Long-term borrowings, net of current portion | $51.7M | $59.3M | ||
| Financial liabilities, net of current portion | $49.5M | $50.0M | ||
| Provision for staff retirement indemnities | $253.0K | $191.0K | ||
| Lease liabilities | $0 | $531.0K | ||
| Total non-current liabilities | $101.5M | $110.0M | ||
| Current portion of long-term borrowings | $6.1M | $6.9M | ||
| Current portion of financial liabilities | $1.9M | $1.9M | ||
| Sellers' Credit | $0 | $19.0M | ||
| Trade accounts payable and other | $2.0M | $3.6M | ||
| Accrued liabilities and other payables | $913.0K | $2.2M | ||
| Current portion of lease liabilities | $0 | $332.0K | ||
| Deferred revenue | $448.0K | $696.0K | ||
| Total current liabilities | $11.3M | $34.6M | ||
| TOTAL LIABILITIES | $112.8M | $144.6M | ||
| TOTAL EQUITY AND LIABILITIES | $288.8M | $321.0M |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| (Loss)/Income for the year | -$1.7M | $431.0K | $5.3M |
| Depreciation | $10.0M | $6.2M | $4.7M |
| Depreciation of deferred drydocking costs | $4.5M | $3.5M | $4.2M |
| Payment of deferred drydocking costs | -$5.1M | -$2.3M | -$10.4M |
| Provision for staff retirement indemnities | $62.0K | $20.0K | $23.0K |
| Reversal of impairment | $0 | -$1.9M | -$4.4M |
| Gain on derivative financial instruments | -$27.0K | -$467.0K | -$388.0K |
| Gain on sale of vessel | -$2.1M | -$2.0K | -$3.9M |
| Interest expense and finance costs, net | $8.1M | $6.3M | $4.4M |
| Gain from the modification of the Loan | -$461.0K | $0 | -$417.0K |
| Interest income | -$1.5M | -$2.8M | -$2.6M |
| Stock based compensation | $1.3M | ||
| Foreign exchange (gains)/losses, net | $85.0K | -$69.0K | $64.0K |
| Trade accounts receivable | $460.0K | $37.0K | -$1.0M |
| Inventories | -$991.0K | $30.0K | $1.8M |
| Prepayments and other assets | $1.1M | -$584.0K | $1.1M |
| Trade accounts payable | -$1.5M | $2.9M | -$3.4M |
| Accrued liabilities and other payables | -$613.0K | -$87.0K | $355.0K |
| Deferred revenue | -$249.0K | $9.0K | $272.0K |
| Net cash generated from / (used in) operating activities | $11.4M | $11.3M | -$4.5M |
| Vessel acquisition | $0 | -$105.1M | $0 |
| Net Proceeds from sale of vessel | $8.4M | $11.5M | $35.1M |
| Advances for vessel acquisition | -$7.5M | -$7.5M | -$19.1M |
| Repayment of Sellers' credit | -$19.0M | ||
| Vessels' improvements | -$317.0K | -$522.0K | -$161.0K |
| Purchases of office furniture and equipment | -$12.0K | -$51.0K | -$37.0K |
| Interest received | $1.5M | $2.8M | $2.6M |
| Net cash generated from / (used in) investing activities | -$17.0M | -$98.9M | $18.5M |
| Proceeds from long-term borrowings and financial liabilities | $1.4M | $76.0M | $25.0M |
| Repayment of long-term borrowings and financial liabilities | -$8.2M | -$7.0M | -$6.2M |
| Prepayment of long-term borrowings | -$1.9M | -$2.6M | -$10.5M |
| (Increase)/decrease in restricted cash | $1.4M | -$200.0K | $2.3M |
| Payment of financing costs | $0 | -$986.0K | -$406.0K |
| Payment of lease liability - principal | -$339.0K | -$310.0K | -$321.0K |
| Interest paid | -$7.3M | -$4.6M | -$2.5M |
| Net cash (used in) /generated from financing activities | -$15.0M | $60.3M | $7.4M |
| Net increase / (decrease) in cash and cash equivalents | -$20.6M | -$27.4M | $21.4M |
No quarter-by-quarter statement was filed.
Corporate structure
GLOBUS MARITIME LTD sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of GLOBUS MARITIME LTD
- FIRMENT SHIPPING INC. Filed SCHEDULE 13D/A on GLOBUS MARITIME LTD, latest Jul 15, 2026 (12 filings since Sep 28, 2023)
- ARMISTICE CAPITAL, LLC Filed SCHEDULE 13G/A on GLOBUS MARITIME LTD, latest May 15, 2026 (9 filings since Feb 15, 2022)
- Goldenmare Ltd Filed SCHEDULE 13D on GLOBUS MARITIME LTD, latest Dec 3, 2025
- Hudson Bay Capital Management LP Filed SC 13G/A on GLOBUS MARITIME LTD, latest Nov 8, 2024 (3 filings since Feb 3, 2022)
- Lind Global Macro Fund LP Filed SC 13G/A on GLOBUS MARITIME LTD, latest Feb 13, 2023 (2 filings since Feb 9, 2022)
- INTRACOASTAL CAPITAL, LLC Filed SC 13G/A on GLOBUS MARITIME LTD, latest Feb 8, 2023 (2 filings since Feb 11, 2022)
- Ionic Ventures, LLC Filed SC 13G/A on GLOBUS MARITIME LTD, latest Feb 3, 2022
- SABBY MANAGEMENT, LLC Filed SC 13G/A on GLOBUS MARITIME LTD, latest Jan 5, 2022
- GLOBUS MARITIME LTD 1T
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What GLOBUS MARITIME LTD reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Operating-lease assets (leased space) | $02 Dec 31, 2025 | $852.0K2 Dec 31, 2024 | −100.0% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $26.3M2 Dec 31, 2025 | $46.8M2 Dec 31, 2024 | −43.9% |
Inventory
Leadership
Who has led GLOBUS MARITIME LTD, and when. Pick a name to see everywhere that person has worked.
Board members and other officers (6)
- OfficerAthanasios Feidakis Mar 18, 2026 to now11
- Board memberAthanasios Feidakis Mar 18, 2026 to now11
- Board memberChristina Tampourea Mar 18, 2026 to now12
- Board memberGeorgios Feidakis Mar 18, 2026 to now13
- Board memberIoannis Kazantzidis Mar 18, 2026 to now14
- Board memberJeffrey Parry Mar 18, 2026 to now15
Calendar
Coming up
- Nov 27, 2026Reports results for the quarter ending Sep/202616
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
107 filings to the SEC since October 2021: 5 annual reports, 10 insider forms, 31 large holders, 61 other. The latest 20:
- Oct 2, 2026F-3 EDGAR
- Sep 17, 20266-K EDGAR
- Sep 15, 20266-K EDGAR
- Aug 7, 20266-K EDGAR
- Aug 4, 20266-K EDGAR
- Jul 22, 20268-A12B/A EDGAR
- Jul 22, 20266-K EDGAR
- Jul 15, 2026SCHEDULE 13D/A EDGAR
- Jul 14, 20264 OWNERSHIP DOCUMENT EDGAR
- Jul 7, 2026424B3 EDGAR
- Jul 6, 2026EFFECT EDGAR
- Jun 11, 2026F-3 EDGAR
- Jun 10, 20266-K EDGAR
- May 15, 2026SCHEDULE 13G/A EDGAR
- Apr 2, 2026SCHEDULE 13D/A EDGAR
- Apr 1, 2026EFFECT EDGAR
- Apr 1, 20264 OWNERSHIP DOCUMENT EDGAR
- Mar 31, 20264 OWNERSHIP DOCUMENT EDGAR
- Mar 30, 2026POS AM EDGAR
- Mar 26, 2026SCHEDULE 13D/A EDGAR
The 107 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
9 open-market trades by officers, directors and large owners since October 2021: 9 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jul 13, 2026 | Feidakis GeorgiosDirector | Buy | 114,766 | $2.75 | $315.6K | Form 4 |
| Jun 18, 2026 | Feidakis GeorgiosDirector | Buy | 106,400 | $2.70 | $287.3K | Form 4 |
| Mar 31, 2026 | Feidakis GeorgiosDirector | Buy | 375,145 | $2.14 | $802.8K | Form 4 |
| Mar 30, 2026 | Feidakis GeorgiosDirector | Buy | 15,395 | $1.93 | $29.7K | Form 4 |
| Mar 25, 2026 | Feidakis GeorgiosDirector | Buy | 11,100 | $1.80 | $20.0K | Form 4 |
| Mar 24, 2026 | Feidakis GeorgiosDirector | Buy | 38,947 | $1.79 | $69.7K | Form 4 |
| Mar 23, 2026 | Feidakis GeorgiosDirector | Buy | 7,536 | $1.75 | $13.2K | Form 4 |
| Mar 20, 2026 | Feidakis GeorgiosDirector | Buy | 22,542 | $1.74 | $39.2K | Form 4 |
| Mar 19, 2026 | Feidakis GeorgiosDirector | Buy | 11,007 | $1.75 | $19.3K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- FIRMENT SHIPPING INC.SCHEDULE 13D/A, 12 filings Sep 28, 2023 to Jul 15, 202617
- ARMISTICE CAPITAL, LLCSCHEDULE 13G/A, 9 filings Feb 15, 2022 to May 15, 202618
- Goldenmare LtdSCHEDULE 13D, 1 filing Dec 3, 202519
- Hudson Bay Capital Management LPSC 13G/A, 3 filings Feb 3, 2022 to Nov 8, 202420
- Lind Global Macro Fund LPSC 13G/A, 2 filings Feb 9, 2022 to Feb 13, 202321
- INTRACOASTAL CAPITAL, LLCSC 13G/A, 2 filings Feb 11, 2022 to Feb 8, 202322
- Ionic Ventures, LLCSC 13G/A, 1 filing Feb 3, 202223
- SABBY MANAGEMENT, LLCSC 13G/A, 1 filing Jan 5, 202224
SEC filer profile
How GLOBUS MARITIME LTD is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARGLOBUS MARITIME LTD1
- CIK0001499780
- Filer statusNon-accelerated filer not an emerging growth company; not a shell company4
- Incorporated inRepublic of the Marshall Islands4
- Industry code (SIC)4412 Deep Sea Foreign Transportation of Freight1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business address128 Vouliagmenis Avenue 3Rd Fl, 166 74 Glyfada, Athens Greece, J3 000001
- Phone30 210 960 83001
- Shares outstanding21,582,301 shares as of Dec 31, 20254
- AuditorErnst & Young (Hellas) Certified Auditors Accountants S.A., Athens, Greece PCAOB ID 1457; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceNov 22, 20101
- Filings387 in all: 6-K (180), SC 13G/A (26), SC 13D/A (18), EFFECT (17), 20-F (16), 424B3 (16), SC 13G (16), UPLOAD (15)1
All 32 form types
CORRESP (11), F-3 (8), F-1/A (7), POS AM (7), 424B5 (6), 3 (5), 4 (5), SCHEDULE 13D/A (5), SCHEDULE 13G/A (4), 8-A12B/A (3), F-1 (3), 6-K/A (2), 8-A12B (2), D (2), FWP (2), IRANNOTICE (2), SC 13D (2), 424B1 (1), 424B4 (1), CERTNAS (1), F-1MEF (1), F-3/A (1), SCHEDULE 13D (1), SCHEDULE 13G (1)
- Latest filingsAnnual report (20-F) Mar 16, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Shares, par value $0.004 per share, including the preferred stock purchase rights | GLBS | Nasdaq |
From the cover page of the 20-F filed Mar 16, 2026 (Section 12(b) of the Exchange Act).4
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 11SEC EDGARAthanasios Feidakis, Officer
- 12SEC EDGARChristina Tampourea, Board member
- 13SEC EDGARGeorgios Feidakis, Board member
- 14SEC EDGARIoannis Kazantzidis, Board member
- 15SEC EDGARJeffrey Parry, Board member
- 16NasdaqNasdaq calendar
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