Page 29 - Noble's Basic Industries Virtual Equity Conference 2024

Euroseas Ltd.

SELECTED FINANCIAL ITEMS ESEA

(in millions of USD)
CQ3 '23 CQ4 '23 CQ1 '24 CQ2 '24 LTM
Income Statement Key Items
Total Revenue 50.67 49.06 46.72 58.72 205.17
Gross Profit 39.18 35.64 28.67 46.26 149.75
Gross Margin 77% 73% 61% 79% 73%
EBIT 30.87 26.61 20.39 36.65 114.51
EBIT Margin 61% 54% 44% 62% 56%
Net Income to Common Shareholders 32.20 24.72 20.00 40.75 117.67
Net Margin 64% 50% 43% 69% 57%

Balance Sheet Key Items
Total Assets 408.91 424.67 465.94 547.54 547.54
Cash & Short Term Investments 48.34 58.61 49.37 69.69 69.69
% of Assets 12% 14% 11% 13% 13%
Current Assets -Total 62.85 65.97 64.38 78.53 78.53
% of Assets 15% 16% 14% 14% 14%
Total Liabilities 163.81 158.10 183.22 227.92 227.92
% of Assets 40% 37% 39% 42% 42%
Current Liabilities - Total 46.76 51.19 67.03 53.62 53.62
% of Assets 11% 12% 14% 10% 10%
Long Term Debt 108.22 99.33 108.79 167.46 167.46
% of Assets 26% 23% 23% 31% 31%
Total Equity 245.10 266.58 282.72 319.62 319.62
% of Assets 60% 63% 61% 58% 58%

Cash Flow Statement Key Items
Net Cash Flow - Operating Activities 31.15 39.06 25.19 34.20 129.60
Net Cash Flow - Investing (15.78) (18.23) (47.22) (67.70) (148.93)
Net Cash Flow - Financing 0.78 (10.87) 13.11 54.42 57.43

Source: Capital IQ

PRICE / VOLUME

Source: Channelchek/QuoteMedia

Noble Capital Markets Emerging Growth Consumer / Entertainment / Media Conference