Globus Maritime (GLBS) Reports Q2 Loss of $1.01/Share
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Globus Maritime Limited Reports Financial Results for the Quarter and Six-Month Period Ended June 30, 2015
September 24, 2015 4:02 PM EDTATHENS, GREECE -- (Marketwired) -- 09/24/15 -- 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 six month period ended June 30, 2015.
Financial Highlights Three months ended Six months ended June 30, June 30, ---------------------- ---------------------- (Expressed in thousands of U.S. dollars except for daily rates and per share data) 2015 2014 2015 2014 ---------- ---------- ---------- ---------- Net revenue (1) 2,882 6,100 5,358 12,328 Adjusted (LBITDA)/EBITDA (2) (61) 2,689 (829) 6,078 Total comprehensive loss (10,326) (1,241) (13,629) (159) Basic loss per share(3) (1.01) (0.14) (1.35) (0.04) Time charter equivalent rate (TCE) 4,560 9,189 4,076 9,218 Average operating expenses per vessel per day 3,647 5,002 3,965 4,561 Average number of vessels... More
