← EUROSEAS LTD.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($44.2m) |
($6.1m)
+86.22%
|
($663k)
+89.11%
|
($1.7m)
-153.65%
|
$4.0m
+340.18%
|
$43.0m
+963.08%
|
$106.2m
+147.29%
|
$114.5m
+7.82%
|
$112.8m
-1.55%
|
$137.0m
+21.45%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($45.9m) |
($7.9m)
+82.80%
|
($1.4m)
+81.72%
|
($3.5m)
-139.44%
|
$3.3m
+196.79%
|
$42.4m
+1165.26%
|
$106.2m
+150.80%
|
$114.5m
+7.82%
|
$112.8m
-1.55%
|
$137.0m
+21.45%
|
— | |
| Amortization of Debt Issuance Costs | $613k | $322k | $321k | $206k | $288k | $223k | $343k | $476k | $539k | $475k | — | |
| Depreciation | $8.8m | $8.4m | $3.3m | $4.2m | $6.6m | $7.2m | $18.5m | $22.8m | $26.4m | $28.6m | $27.2m | |
| Share-based Payment Arrangement, Noncash Expense | $294k | $117k | $124k | $98k | $122k | $182k | $951k | $1.1m | $1.5m | $2.0m | $2.3m | |
| Share-based Payment Arrangement, Expense | $294k | $117k | $124k | $98k | $122k | $182k | $951k | $1.1m | $1.5m | $2.0m | $2.3m | |
| Equity Method Investment, Other than Temporary Impairment | $14.1m | — | — | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | $13.8m | — | — | $0 | |
| Asset Impairment Charge | — | — | — | — | — | — | $0 | $13.8m | $0 | $0 | $0 | |
| Income (Loss) from Equity Method Investments | ($2.4m) | — | — | — | — | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | ($6.1m) | ($3.3m) | ($3.0m) | ($3.7m) | ($5.3m) | ($2.8m) | ($395k) | ($4.9m) | ($7.2m) | ($12.5m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $3.1m | $5.7m | ($1.8m) | ($5.2m) | ($14.1m) | |
| Increase (Decrease) in Accounts Receivable | $24k | $47k | $73k | ($244k) | $1.3m | ($738k) | ($702k) | $1.5m | $2.5m | $5.9m | ($7.8m) | |
| Change In Receivables | — | — | — | — | — | — | ($3.1m) | $1.8m | ($1.0m) | ($7.8m) | ($7.8m) | |
| Changes In Account Receivables | — | — | — | — | — | — | $702k | ($1.5m) | ($2.5m) | ($5.9m) | ($7.8m) | |
| Increase (Decrease) in Inventories | ($245k) | ($145k) | $511k | $185k | ($227k) | $612k | $32k | ($178k) | $653k | ($166k) | $166k | |
| Change In Inventory | — | — | — | — | — | — | ($32k) | $178k | ($653k) | $166k | $166k | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $1.8m | $329k | $3.8m | $4.8m | ($395k) | |
| Change In Accrued Expense | — | — | — | — | — | — | $53k | $109k | $2.6m | $5.0m | $5.0m | |
| Net Cash Provided by (Used in) Operating Activities | ($832k) |
$8.0m
+1056.86%
|
$4.0m
-50.14%
|
$3.2m
-18.38%
|
$2.4m
-25.65%
|
$52.6m
+2083.67%
|
$114.1m
+116.83%
|
$130.0m
+13.96%
|
$128.2m
-1.42%
|
$141.1m
+10.12%
|
$138.3m
-1.99%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | $11k | $804k | $1.3m | — | — | $9k | — | — | — | — | ($19.0m) | |
| Payments to Acquire Property, Plant, and Equipment | — | $39.7m | $2k | $55.7m | $647k | — | ($90.7m) | ($112.3m) | ($178.9m) | ($77.1m) | ($30.2m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | — | — | — | $2.5m | ($9k) | $0 | $5.2m | $5.7m | $19.4m | ($19.0m) | |
| Capital Expenditure Reported | — | — | — | — | — | ($66.5m) | ($39.8m) | — | — | — | ($30.2m) | |
| Net Cash Provided by (Used in) Investing Activities | ($18.8m) | ($26.1m) | — | — | $16.3m | ($74.1m) | ($87.1m) | ($102.2m) | ($168.8m) | ($15.2m) | ($21.2m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | ($328k) | ($492k) | $0 | $0 | — | — | — | — | |
| Repayments of Long-term Debt | $18.5m | $9.1m | $32.3m | — | — | — | — | — | — | — | ($43.9m) | |
| Proceeds from Issuance of Long-term Debt | $28.3m | $33.1m | $34.2m | — | — | — | $19.2m | $92.0m | $114.4m | $52.0m | $0 | |
| Issuance Of Debt | — | — | — | — | — | — | $19.2m | $92.0m | $114.4m | $52.0m | $0 | |
| Long Term Debt Issuance | — | — | — | — | — | — | $19.2m | $92.0m | $114.4m | $52.0m | $0 | |
| Long Term Debt Payments | — | — | — | — | — | — | ($30.3m) | ($69.0m) | ($38.1m) | ($53.8m) | ($43.9m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($11.0m) | $23.0m | $76.3m | ($1.8m) | ($43.9m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($11.0m) | $23.0m | $76.3m | ($1.8m) | ($43.9m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($30.3m) | ($69.0m) | ($38.1m) | ($53.8m) | ($43.9m) | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | $5.0m | $3.1m | $1.1m | $2.1m | — | |
| Payments of Ordinary Dividends, Common Stock | — | — | — | — | — | — | $10.8m | $14.0m | $16.8m | $19.0m | ($19.7m) | |
| Proceeds from Issuance of Common Stock | $3.2m | $549k | $2.0m | $6.9m | $716k | $744k | $0 | $0 | — | — | — | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($10.8m) | ($14.0m) | ($16.8m) | ($19.0m) | ($19.7m) | |
| Common Stock Issuance | — | — | — | — | — | $744k | $0 | $0 | — | — | — | |
| Common Stock Payments | — | — | — | — | — | — | ($5.0m) | ($3.1m) | ($1.1m) | ($2.1m) | ($916k) | |
| Issuance Of Capital Stock | — | — | — | — | — | $744k | $0 | $0 | — | — | — | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($5.0m) | ($3.1m) | ($1.1m) | ($2.1m) | ($916k) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($5.0m) | ($3.1m) | ($1.1m) | ($2.1m) | ($916k) | |
| Dividends Payable, Current | — | — | — | $161k | $169k | $0 | $66k | $105k | $121k | $144k | — | |
| Dividends Payable | — | — | — | — | $170k | — | — | — | — | — | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($10.8m) | ($14.0m) | ($16.8m) | ($19.0m) | ($19.7m) | |
| Preferred Stock Dividend Paid | — | — | — | — | — | ($424k) | $0 | $0 | — | — | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($143k) | ($834k) | ($1.4m) | ($429k) | ($429k) | |
| Net Cash Provided by (Used in) Financing Activities | $14.1m |
$22.0m
+55.92%
|
$135k
-99.39%
|
$45.2m
+33280.55%
|
($18.3m)
-140.53%
|
$46.6m
+354.61%
|
($27.0m)
-157.90%
|
$5.1m
+118.75%
|
$57.0m
+1024.92%
|
($23.3m)
-140.86%
|
($51.3m)
-120.51%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($10.3m) | $3.9m | $4.9m | ($7.3m) | $408k | $25.2m | ($60k) | $32.9m | $16.4m | $102.7m | $161.4m | |
| Beginning Cash Position | — | — | — | — | — | — | $31.5m | $31.4m | $64.3m | $80.7m | $95.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($10.3m) | $13.2m | $13.2m | $5.9m | $6.3m | $31.5m | $31.4m | $64.3m | $80.7m | $183.3m | $161.4m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $1.7m | $2.6m | $2.5m | $3.1m | $4.3m | $2.4m | $5.1m | $5.8m | $10.0m | $13.6m | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), Realized | ($41k) | ($41k) | $14k | $2k | ($63k) | $34k | $54k | ($34k) | $19k | ($120k) | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | — | — | $5.7m | — | — | |
| General and Administrative Expense | $3.5m | $3.4m | $2.6m | $2.4m | $3.0m | $3.5m | $4.6m | $4.7m | $5.9m | $6.8m | — | |
| Operating Costs and Expenses | $18.2m | $21.9m | $20.0m | $24.0m | $32.2m | $29.7m | $37.7m | $42.0m | $46.7m | $46.8m | — | |
| Operating Expenses | $50.1m | $45.7m | $32.1m | $38.0m | $44.0m | $48.2m | $76.1m | $69.9m | $92.9m | $78.4m | — | |
| Payments of Financing Costs | $790k | $230k | $420k | $566k | — | $758k | $116k | $731k | $1.4m | $429k | — | |
| Unrealized Gain (Loss) on Derivatives | $13k | $46k | $205k | $41k | ($566k) | $154k | $4.2m | ($4.0m) | $609k | ($385k) | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($27.0m) | $5.1m | $57.0m | ($23.3m) | ($51.3m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($87.1m) | ($102.2m) | ($168.8m) | ($15.2m) | ($21.2m) | |
| Change In Account Payable | — | — | — | — | — | — | $2.0m | ($1.1m) | $779k | ($395k) | ($395k) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($60k) | $32.9m | $16.4m | $102.7m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | $4.4m | $3.5m | ($3.0m) | ($2.6m) | ($2.6m) | |
| Change In Payable | — | — | — | — | — | — | $1.7m | $220k | $1.1m | ($236k) | ($395k) | |
| Change In Prepaid Assets | — | — | — | — | — | — | $33k | ($153k) | ($835k) | $204k | $204k | |
| Changes In Cash | — | — | — | — | — | — | ($60k) | $32.9m | $16.4m | $102.7m | $65.8m | |
| End Cash Position | — | — | — | — | — | — | $31.4m | $64.3m | $80.7m | $183.3m | $161.4m | |
| Financing Cash Flow | — | — | — | — | — | — | ($27.0m) |
$5.1m
+118.75%
|
$57.0m
+1024.92%
|
($23.3m)
-140.86%
|
($51.3m)
-120.51%
|
|
| Free Cash Flow | — | — | — | — | — | — | $23.4m | $17.7m | ($50.8m) | $64.1m | $108.2m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($4.2m) | $4.0m | ($609k) | $385k | $385k | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | $0 | ($5.2m) | ($5.7m) | ($19.4m) | ($9.2m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($87.1m) | ($102.2m) | ($168.8m) | ($15.2m) | ($21.2m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($87.1m) | ($102.2m) | ($168.8m) | ($15.2m) | $18.8m | |
| Net Preferred Stock Issuance | — | — | — | — | — | ($2.0m) | $0 | $0 | — | — | — | |
| Operating Gains Losses | — | — | — | — | — | — | ($4.2m) | ($1.1m) | ($6.3m) | ($19.0m) | ($19.0m) | |
| Other Non Cash Items | — | — | — | — | — | — | ($10.5m) | ($26.9m) | ($4.4m) | ($2.2m) | — | |
| Preferred Stock Payments | — | — | — | — | — | ($2.0m) | $0 | $0 | — | — | — | |
| Purchase Of PPE | $21.3m | $39.7m | $2k | $55.7m | $647k | — | ($90.7m) | ($112.3m) | ($178.9m) | ($77.1m) | ($30.2m) | |
| Sale Of PPE | — | — | — | — | — | — | $3.6m | $10.1m | $10.1m | $61.9m | $49.0m | |
| Stock Based Compensation | — | — | — | — | — | — | $951k | $1.1m | $1.5m | $2.0m | $2.3m |