USEA Q1 2024 Earnings — United Maritime Corporation Revenue & Financial Results | Market Cap Arena

USEAUnited Maritime Corporation

$20M

Q1 2024 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$11M+275.7% YoY

Gross Profit

$2M19.1% margin

Operating Income

$656,0006.2% margin

Net Income

-$1M-12.6% margin

EPS (Diluted)

$-0.15

QoQ Revenue Growth

-8.3%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$0

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$177M

Total Liabilities

$113M

Stockholders' Equity

$64M

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$11M	$3M	+275.7%
Gross Profit	$2M	-$2M	+211.6%
Operating Income	$656,000	-$4M	+117.0%
Net Income	-$1M	-$5M	+72.9%