Company Information

  

Address: 128 VOULIAGMENIS AVENUE 3RD FL
166 74 GLYFADA 
City: ATHENS GREECE 
State:  
Zip Code: 00000 
Telephone: 30 210 960 8300 

Description of Business

Primary SIC Code: 4412
(As filed with the SEC)  

We originally incorporated as Globus Maritime Limited on July 26, 2006 pursuant to the Companies (Jersey) Law 1991 (as amended), and began operations in September 2006. Following the conclusion of our initial public offering on June 1, 2007, our common shares were listed on the London Stock Exchange's Alternative Investment Market, or AIM, under the ticker "GLBS.L." On July 29, 2010, we effected a one-for-four reverse stock split, with our issued share capital resulting in 7,240,852 common shares of $0.004 each. On November 24, 2010, we redomiciled into the Marshall Islands pursuant to the BCA and a resale registration statement for our common shares was declared effective by the SEC. Once the resale registration statement was declared effective by the SEC, our common shares began trading on the Nasdaq Global Market under the ticker "GLBS.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/2016-3.77NAN/E
12/2015-51.20NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-982.50Total Liab/Total Assets0.78
Net Inc/Total Assets-0.10Total Liab/Inv Cap1.86
Net Inc/Inv Cap-0.25Total Liab/Comm Equity7323.60
Pretax Inc/Net Sales-0.84Interest Coverage Ratio-1.83
Net Inc/Net Sales-1.09Curr Debt/Equity1.13
Cash Flow/Net Sales-0.40LTD/Equity2.02
SG&A/NetSales0.28Total Debt/Equity3.16
Asset Utilization   Liquidity  
Net Receivables Turnover19.37Quick Ratio0.05
Inventory Turnover20.56Current Ratio0.07
Inventory Day Sales0.05Net Rec/Curr Assets0.11
Net Sales/Work Cap-0.31Inv/Curr Assets0.24
Net Sales/PP&E0.10  

Income Statement (Millions)

  12/31/2016 12/31/2015 12/31/2014 12/31/2013
Total Revenues(Net Sales) 9.02 12.72 26.38 29.43
Cost of Goods Sold 9.96 12.71 13.96 12.92
Selling & Admin Exps 2.53 2.39 2.48 2.40
Operating Income -7.23 -29.71 5.23 8.48
Interest Exp 2.68 2.78 2.14 3.57
Pretax Income -7.57 -32.40 3.21 5.68
Other Income 2.34 0.10 0.12 0.77
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -9.83 -32.40 3.21 5.68

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Cash & Short Term Investments 0.37 2.51 6.08 5.89
Receivables - Total 0.24 0.69 1.18 0.85
Inventories - Total 0.52 0.45 0.44 0.63
Total Current Assets 2.15 4.70 10.24 21.96
Net Property, Plant & Equipment 91.84 110.13 141.82 133.70
Total Assets 94.00 114.84 152.07 155.66
Liabilities        
Accounts Payable 7.37 5.81 3.99 3.51
Debt in Current Liabilities 23.55 63.65 44.14 12.32
Total Current Liabilities 31.14 69.63 48.44 22.52
Long-Term Debt 42.02 14.60 40.25 72.74
Total Liabilities 73.24 84.30 88.75 95.32
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.01 0.01 0.04 0.04
Retained Earnings -89.25 -79.43 -46.59 -49.50
Treasury Stock NA NA NA NA
Total Stockholders' Equity 20.76 30.54 63.32 60.34
Total Liabilities and Stockholders' Equity 94.00 114.84 152.07 155.66

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Net Cash Provided by Operating Activities -3.60 -0.06 9.52 12.36
Net Cash Provided by Investing Activities 0.36 5.35 0.01 -1.02
Net Cash Provided by Financing Activities 1.40 -8.37 -9.33 -17.12

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201232.20-82.80--
12/201329.435.68--
12/201426.383.21--
12/201512.72-32.40-51.20
12/20169.02-9.82-3.77
Growth Rates-27.25----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17111170.42




Report Date : 10/16/2017

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