ESEA (Euroseas Ltd.) Stock Financials & Earnings | Market Cap Arena

ESEA (Euroseas Ltd.) Stock Financials & Earnings | Market Cap Arena

ESEAEuroseas Ltd.

Mkt Cap$475M

Industrials·Marine Shipping· Greece·NASDAQ

Revenue (TTM)$228M

Net Income (TTM)$137M

EPS (TTM)$19.62

Free Cash Flow (TTM)$64M

Gross Margin63.5%

Op. Margin61.6%

Net Margin60.1%

FCF Margin28.1%

P/S Ratio (TTM)2.1x

P/E Ratio (TTM)3.5x

YoY Rev Growth+7.0%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$42M	$26M	$30M
Q2 23	$48M	$31M	$29M
Q3 23	$51M	$33M	$33M
Q4 23	$49M	$30M	$28M
Q1 24	$47M	$23M	$20M
Q2 24	$59M	$39M	$42M
Q3 24	$54M	$34M	$31M
Q4 24	$53M	$31M	$27M
Q1 25	$56M	$34M	$40M
Q2 25	$57M	$37M	$33M
Q3 25	$57M	$36M	$33M
Q4 25	$57M	$38M	$34M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	2.7x	4.5x
Q2 23	2.7x	4.6x
Q3 23	2.6x	4.3x
Q4 23	2.5x	4.1x
Q1 24	2.4x	4.5x
Q2 24	2.3x	4.0x
Q3 24	2.3x	4.2x
Q4 24	2.2x	4.2x
Q1 25	2.1x	3.7x
Q2 25	2.1x	4.0x
Q3 25	2.1x	3.9x
Q4 25	2.1x	3.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$25M	-$15M
Q2 23	$35M	-$3M
Q3 23	$31M	$15M
Q4 23	$39M	$21M
Q1 24	$25M	-$22M
Q2 24	$34M	-$44M
Q3 24	$33M	$399K
Q4 24	$35M	$15M
Q1 25	$41M	-$15M
Q2 25	$27M	$27M
Q3 25	$34M	$15M
Q4 25	$38M	$38M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$40M
Q2 23	$38M
Q3 23	$16M
Q4 23	$18M
Q1 24	$47M
Q2 24	$78M
Q3 24	$33M
Q4 24	$21M
Q1 25	$57M
Q2 25	$372K
Q3 25	$20M
Q4 25	$329K

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-7.6%	-27.0%
Q2 23	-1.6%	+13.7%
Q3 23	+10.3%	-18.0%
Q4 23	+14.4%	-0.3%
Q1 24	+11.4%	+115.0%
Q2 24	+23.1%	-13.2%
Q3 24	+6.9%	+34.8%
Q4 24	+8.7%	+24.8%
Q1 25	+20.6%	-39.8%
Q2 25	-2.5%	+45.6%
Q3 25	+5.1%	+3.9%
Q4 25	+7.7%	-12.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$337K	0.8%
Q2 23	$343K	0.7%
Q3 23	$141K	0.3%
Q4 23	$262K	0.5%
Q1 24	$356K	0.8%
Q2 24	$356K	0.6%
Q3 24	$359K	0.7%
Q4 24	$449K	0.8%
Q1 25	$509K	0.9%
Q2 25	$515K	0.9%
Q3 25	$304K	0.5%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	SG&A
Q1 23	$3M	—
Q2 23	$1M	—
Q3 23	$2M	—
Q4 23	$3M	—
Q1 24	$1M	—
Q2 24	$1M	—
Q3 24	$1M	—
Q1 25	$2M	—
Q2 25	$1M	—
Q3 25	$1M	—
Q4 25	—	$5M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$30M	$0	$30M
Q2 23	$32M	$0	$32M
Q3 23	$48M	$0	$48M
Q4 23	$59M	$0	$59M
Q1 24	$50M	$0	$50M
Q2 24	$70M	$0	$70M
Q3 24	$77M	$0	$77M
Q4 24	$74M	$0	$74M
Q1 25	$88M	$0	$88M
Q2 25	$101M	$0	$101M
Q3 25	$106M	$0	$106M
Q4 25	$177M	$0	$177M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	7M	-1.2%
Q2 23	7M	-0.8%
Q3 23	7M	-0.4%
Q4 23	7M	+0.2%
Q1 24	7M	+0.4%
Q2 24	7M	+0.1%
Q3 24	7M	+0.2%
Q4 24	7M	-0.0%
Q1 25	7M	-0.2%
Q2 25	7M	-0.3%
Q3 25	7M	+0.4%
Q4 25	7M	+0.2%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	—	—
FY 15	$438K	86
FY 16	$239K	86
FY 17	$276K	86
FY 18	$400K	86
FY 19	$465K	86
FY 20	$620K	86
FY 21	$1M	86
FY 22	$2M	86
FY 23	$2M	86
FY 24	$2M	86
FY 25	$3M	86