Page 77 - NobleCon21

Euroseas Ltd.

SELECTED FINANCIAL ITEMS ESEA
(in millions of USD)
CQ4 '24 CQ1 '25 CQ2 '25 CQ3 '25 LTM
Income Statement Key Items
Total Revenue 53.31 56.35 57.23 56.91 223.79
Gross Profit 38.03 42.05 43.84 42.25 166.17
Gross Margin 71% 75% 77% 74% 74%
EBIT 26.63 30.25 33.38 32.51 122.77
EBIT Margin 50% 54% 58% 57% 55%
Net Income to Common Shareholders 24.39 36.91 29.86 29.70 120.86
Net Margin 46% 66% 52% 52% 54%

Balance Sheet Key Items
Total Assets 591.22 648.75 662.11 674.77 674.77
Cash & Short Term Investments 73.74 88.33 100.51 100.21 100.21
% of Assets 12% 14% 15% 15% 15%
Current Assets -Total 84.71 100.14 160.43 160.03 160.03
% of Assets 14% 15% 24% 24% 24%
Total Liabilities 228.27 271.49 259.13 246.69 246.69
% of Assets 39% 42% 39% 37% 37%
Current Liabilities - Total 57.17 57.47 50.02 44.53 44.53
% of Assets 10% 9% 8% 7% 7%
Long Term Debt 168.47 211.54 206.52 202.09 202.09
% of Assets 28% 33% 31% 30% 30%
Total Equity 362.95 377.26 402.98 428.08 428.08
% of Assets 61% 58% 61% 63% 63%

Cash Flow Statement Key Items
Net Cash Flow - Operating Activities 35.28 41.23 27.23 34.24 137.97
Net Cash Flow - Investing (20.76) (43.80) 4.63 (19.67) (79.61)
Net Cash Flow - Financing (18.14) 17.46 (14.72) (14.86) (30.27)

Source: Capital IQ

PRICE / VOLUME

Source: Channelchek/QuoteMedia

Noble Capital Markets' Twenty-First Annual Emerging Growth Equity Conference