Similar companies
Income Statement (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Revenue | 57M | 1.6% |
| Gross Profit | 37M | 7.6% |
| Cost of Revenue | 21M | 7.5% |
| Operating expense | 3.2M | 149.4% |
| Net Income | 30M | 19.1% |
| EBITDA | 41M | 15.9% |
Balance Sheet (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Total Assets | 662M | 2.1% |
| Total Liabilities | 259M | 4.6% |
| Total Equity | 403M | 6.8% |
| Shares Outstanding | 7M | 0.3% |
Cash Flow (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Cash from operations | 27M | 33.9% |
| Cash from investing | 4.6M | 110.6% |
| Cash from financing | -15M | 184.3% |
EPS
Financial Highlights for Euroseas in Q2 '25
Euroseas reported a revenue of 57M, which is a 1.6% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 37M, marking a 7.6% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 21M, a -7.5% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 3.2M, showing a 149.4% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 30M, showing a -19.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 41M, showing a -15.9% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Euroseas faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
