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Home CompaniesUnited Maritime Corporation

United Maritime Corporation

Industrials Marine Shipping
PortfolioPortfolio WatchlistWatchlist
Company price
2.34 USD -0.03 ( 1.27%)
Last update at 2026-11-09T15:39:00Z
VOLUME
35383
Market Cap
25.23M
P/E
140.00

Momentum Score

…

United Maritime Corporation, a shipping company, offers seaborne transportation services worldwide. It operates a fleet of eight dry bulk vessels comprising three Panamax, three Capesize, and two Kamsarmax vessels with an aggregate cargo-carrying capacity of approximately 922,054 dwt. The company was incorporated in 2022 and is based in Glyfada, Greece.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
2.27
Low
2.34
High
52 Week Price Range
1.90
Low
2.92
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

United Maritime Corporation is a publicly listed shipping company that owns and operates oceangoing vessels for seaborne cargo transport. Long-term growth drivers include global trade volumes, freight-rate cycles and fleet renewal that could support higher utilization and cash generation in favorable markets, making the company an asset-backed way to access maritime transport exposure. Key risks include cyclicality and volatility in freight rates, exposure to commodity and macroeconomic conditions, capital intensity and leverage, and regulatory and environmental compliance that could raise operating costs.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
2.37
Dividend Yield
10.60%
Revenue TTM
36.07M
Revenue Per Share
4.31
Gross Profit TTM
4.63M
Debt / Equity
1.46
ROE
0.34%
Net Debt
82.15M
ROCE
2.05%
Diluted EPS TTM
0.02

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Income before tax 37.49M 2.17M 1.09M -0.28M
Net income 74.89M 1.55M 0.50M -1.00M
Selling general administrative 5.52M 0.61M 0.30M 0.31M
Gross profit 10.46M 3.87M 0.94M 1.24M
Reconciled depreciation 1.90M 0.76M 0.76M 0.76M
Ebit 2.50M 2.92M 0.20M 0.45M
Ebitda 4.40M 3.55M 0.95M 1.20M
Depreciation and amortization 1.90M 0.63M 0.76M 0.76M
Operating income 2.50M 2.92M 0.20M 0.45M
Other operating expenses 18.38M 4.48M 3.82M 6.29M
Interest expense 2.41M 0.62M 0.59M 0.72M
Interest income 0.04M 0.00M 0.01M 0.01M
Net interest income -2.41M -0.74M -0.70M -0.86M
Income tax expense -37.41M 0.62M 0.59M 0.72M
Total revenue 22.78M 7.40M 4.12M 6.88M
Total operating expenses 6.05M 0.96M 0.64M 0.65M
Cost of revenue 12.33M 3.52M 3.18M 5.64M
Total other income expense net 34.99M -0.74M 0.90M -0.72M
Net income from continuing ops 37.49M 2.17M 1.09M -0.28M
Net income applicable to common shares - 2.17M 1.09M -0.28M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 174.81M 125.66M 13.43M 13.94M -
Other current assets 4.37M 3.21M 0.06M 0.05M -
Total liab 108.94M 61.09M 6.39M 6.63M -
Total stockholder equity 65.87M 64.57M 7.04M 7.31M -
Deferred long term liab - - 0.16M 0.40M -
Other current liab 9.15M 13.70M 0.31M 0.21M -
Common stock 0.00M 0.00M 7.87M 10.31M -
Capital stock 0.00M 0.00M 7.87M 10.31M -
Retained earnings 26.95M 29.37M -0.83M -3.00M -
Other liab - - 0.10M 0.10M -
Other assets - - 0.16M 0.40M -
Cash 13.80M 69.93M 0.77M 0.41M -
Total current liabilities 53.09M 25.21M 2.08M 1.15M -
Current deferred revenue 0.53M 1.03M 0.33M 0.12M -
Net debt 82.15M -19.85M 4.62M 5.68M -
Short term debt 40.11M 7.47M 1.18M 0.70M -
Short long term debt 8.69M 7.47M 1.18M 0.70M -
Short long term debt total 95.95M 50.08M 5.38M 6.09M -
Other stockholder equity 38.92M 35.19M - - -
Property plant equipment - - 12.28M 13.04M -
Total current assets 19.09M 69.93M 0.99M 0.51M -
Net tangible assets - - 7.04M 7.31M -
Net receivables 0.25M 0.78M 0.07M 0.00M -
Long term debt - 42.61M 4.20M 5.38M -
Inventory 0.66M 0.11M 0.10M 0.05M -
Accounts payable 3.31M 3.02M 0.27M 0.12M -
Accumulated other comprehensive income 0.00M - - - -
Non currrent assets other 2.49M -150.03M 0.16M 0.40M -
Non current assets total 155.72M 55.72M 12.44M 13.44M -
Capital lease obligations 31.42M - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments 36.33M -0.06M -0.01M -0.01M
Change to liabilities - 0.34M -1.81M -0.08M
Total cashflows from investing activities - -0.06M -0.01M -0.01M
Net borrowings - -0.80M -2.52M -1.80M
Total cash from financing activities 26.87M -3.24M -0.73M 0.98M
Change to operating activities - 0.09M 0.11M -0.89M
Net income 37.49M 2.17M 1.09M -0.28M
Change in cash 69.93M 0.36M -1.19M 1.59M
Begin period cash flow 0.77M 0.41M 1.59M 0.00M
End period cash flow 69.93M 0.77M 0.41M 1.59M
Total cash from operating activities 6.74M 3.66M -0.44M 0.62M
Issuance of capital stock 34.97M - - -
Depreciation 1.90M 0.76M 0.76M 0.76M
Dividends paid -0.24M - - -
Change to inventory 0.09M -0.05M -0.00M 0.71M
Change to account receivables -0.66M -0.07M 0.48M 0.10M
Sale purchase of stock -16.50M - - -
Other cashflows from financing activities 53.39M -2.44M 8.28M 2.78M
Change to netincome - - -1.49M -1.49M
Capital expenditures 93.52M 0.06M 0.01M 0.01M
Change in working capital 0.68M 0.31M -1.22M -0.17M
Stock based compensation 2.79M - - -
Other non cash items -36.13M 0.42M -1.08M 0.31M
Free cash flow -86.78M 3.60M -0.46M 0.61M

Peer Comparison*

Sector: Industrials Industry: Marine Shipping

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
USEA
United Maritime Corporation		 -0.03
1.27%		 2.34 140.00 - 0.63 0.34 2.91 6.70
AMKAF
AP Moeller - Maersk A/S A		 -
-%		 3012.51 13.59 2500.00 0.66 0.63 0.79 3.81
AMKBY
AP Moeller-Maersk AS		 -0.18
1.20%		 14.88 13.25 2500.00 0.65 0.63 0.80 3.88
AMKBF
A.P. Møller - Mærsk A/S		 -
-%		 3086.00 12.94 2500.00 0.63 0.60 0.79 3.81
ICTEF
International Container Terminal Services Inc		 0.29
2.26%		 13.25 28.04 22.42 8.70 17.16 9.66 15.21

Profile*

United Maritime Corporation

United Maritime Corporation, a shipping company, offers seaborne transportation services worldwide. It operates a fleet of eight dry bulk vessels comprising three Panamax, three Capesize, and two Kamsarmax vessels with an aggregate cargo-carrying capacity of approximately 922,054 dwt. The company was incorporated in 2022 and is based in Glyfada, Greece.

154 Vouliagmenis Avenue, Glyfada, Greece, 166 74

30 213 01 81 507

https://www.unitedmaritime.gr

5

Name Title Year Born
Mr. Stamatios Tsantanis Chairman & CEO 1972
Mr. Stavros Gyftakis CFO & Director 1979
Ms. Theodora Mitropetrou Gen. Counsel & Corp. Sec. NA
Ms. Theodora Mitropetrou General Counsel & Corporate Secretary NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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