USEA Chart
About

United Maritime Corporation, a shipping company, offers seaborne transportation services worldwide. The company operates a fleet of six dry bulk vessels comprising one Capesize, two Kamsarmax and three Panamax vessels with an aggregate cargo-carrying capacity of approximately 577,750 dwt. United Maritime Corporation was incorporated in 2022 and is based in Glyfada, Greece.

Fundamentals
Scroll to Statements
Sector Industrials Industry Marine Shipping Market Cap 19.15M
Enterprise Value 68.33M Income -6.19M Sales 37.78M
Book/sh 6.22 Cash/sh 1.60 Dividend Yield 20.10%
Payout 32.26% Employees IPO
P/E Forward P/E -208.84 PEG
P/S 0.51 P/B 0.34 P/C
EV/EBITDA 10.15 EV/Sales 1.81 Quick Ratio
Current Ratio Debt/Eq 114.83 LT Debt/Eq
EPS (ttm) -0.70 EPS next Y -0.01 EPS Growth
Revenue Growth -39.10% Earnings 2026-05-21 ROA -0.03%
ROE -10.66% ROIC Gross Margin 45.16%
Oper. Margin -9.94% Profit Margin -16.45% Shs Outstand 9.11M
Shs Float 7.09M Short Float 7.59% Short Ratio 6.98
Short Interest 52W High 2.28 52W Low 1.00
Beta 0.67 Avg Volume 88.94K Volume 13.61K
Target Price $4.00 Recom Buy Prev Close $1.99
Price $2.09 Change 4.94%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.00
Mean price target
2. Current target
$2.09
Latest analyst target
3. DCF / Fair value
$4.00
Proxy: analyst mean price target (no FCF/EPS data available).
Ratings
Current target
$2.09
Low
$4.00
High
$4.00
Mean
$4.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-06-26 init Maxim Group — → Buy $6
Insider Transactions

No recent insider transactions.

Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems0.000.002.55M7.81M
TaxRateForCalcs0.000.000.220.22
NormalizedEBITDA-52.00K14.54M4.05M5.94M
TotalUnusualItems259.00K201.00K11.59M35.50M
TotalUnusualItemsExcludingGoodwill259.00K201.00K11.59M35.50M
NetIncomeFromContinuingOperationNetMinorityInterest-6.21M-3.38M221.00K37.49M
ReconciledDepreciation9.71M9.08M1.90M756.76K
ReconciledCostOfRevenue31.54M34.95M32.81M12.33M
EBITDA207.00K14.75M15.64M41.44M
EBIT207.00K5.03M6.56M39.53M
NetInterestIncome-6.20M-8.10M-6.75M-2.44M
InterestExpense6.42M8.42M6.34M2.04M
InterestIncome218.00K314.00K430.00K13.00K
NormalizedIncome-6.47M-3.58M-8.82M9.80M
NetIncomeFromContinuingAndDiscontinuedOperation-6.21M-3.38M221.00K37.49M
TotalExpenses37.87M41.22M40.79M18.38M
TotalOperatingIncomeAsReported-455.00K4.82M7.08M40.50M
DilutedAverageShares8.87M8.71M8.36M7.30M
BasicAverageShares8.87M8.71M8.36M4.50M
DilutedEPS-0.70-0.390.024.92
BasicEPS-0.70-0.390.027.79
DilutedNIAvailtoComStockholders-6.19M-3.38M126.00K35.09M
NetIncomeCommonStockholders-6.19M-3.38M126.00K35.09M
OtherunderPreferredStockDividend-26.00K0.0095.00K1.66M
PreferredStockDividends743.00K
NetIncome-6.21M-3.38M221.00K37.49M
NetIncomeIncludingNoncontrollingInterests-6.21M-3.38M221.00K37.49M
NetIncomeContinuousOperations-6.21M-3.38M221.00K37.49M
PretaxIncome-6.21M-3.38M221.00K37.49M
OtherIncomeExpense75.00K499.00K11.70M35.52M
OtherNonOperatingIncomeExpenses-98.00K440.00K112.00K26.00K
SpecialIncomeCharges259.00K201.00K11.72M35.50M
GainOnSaleOfPPE1.77M1.43M11.80M36.09M
OtherSpecialCharges640.00K397.00K85.00K593.00K
ImpairmentOfCapitalAssets2.14M828.00K0.000.00
RestructuringAndMergernAcquisition-1.27M0.00
EarningsFromEquityInterest-86.00K-142.00K0.000.00
GainOnSaleOfSecurity129.00K-132.00K-6.00K-1.21K
NetNonOperatingInterestIncomeExpense-6.20M-8.10M-6.75M-2.44M
TotalOtherFinanceCost999.00K841.00K407.00K122.64K
InterestExpenseNonOperating6.42M8.42M6.34M2.04M
InterestIncomeNonOperating218.00K314.00K430.00K13.00K
OperatingIncome-86.00K4.22M-4.72M4.41M
OperatingExpense6.33M6.27M7.98M6.05M
OtherOperatingExpenses2.03M2.26M1.97M526.00K
DepreciationAmortizationDepletionIncomeStatement756.76K
DepreciationAndAmortizationInIncomeStatement756.76K
DepreciationIncomeStatement756.76K
SellingGeneralAndAdministration4.31M4.01M6.02M5.52M
GeneralAndAdministrativeExpense4.31M4.01M6.02M5.52M
OtherGandA4.31M4.01M6.02M5.52M
GrossProfit6.25M10.49M3.26M10.46M
CostOfRevenue31.54M34.95M32.81M12.33M
TotalRevenue37.78M45.44M36.07M22.78M
OperatingRevenue37.78M45.44M36.07M22.78M
Line Item2025-12-312024-12-312023-12-312022-12-31
OrdinarySharesNumber9.11M8.84M8.69M8.18M
ShareIssued9.11M8.84M8.69M8.18M
NetDebt72.34M50.73M4.62M
TotalDebt64.84M97.72M95.95M42.61M
TangibleBookValue56.47M60.09M65.87M64.57M
InvestedCapital138.84M130.40M72.04M12.42M
WorkingCapital-9.03M-34.00M34.60M-1.09M
NetTangibleAssets56.47M60.09M65.87M64.57M
CapitalLeaseObligations18.97M31.42M0.00
CommonStockEquity56.47M60.09M65.87M64.57M
TotalCapitalization56.47M121.19M121.71M64.57M
TotalEquityGrossMinorityInterest56.47M60.09M65.87M64.57M
StockholdersEquity56.47M60.09M65.87M64.57M
GainsLossesNotAffectingRetainedEarnings-4.00K0.00
OtherEquityAdjustments-4.00K
RetainedEarnings20.91M26.95M29.37M-828.30K
AdditionalPaidInCapital39.18M38.92M35.19M
CapitalStock1.00K1.00K1.00K7.87M
CommonStock1.00K1.00K1.00K7.87M
PreferredStock0.000.000.00
TotalLiabilitiesNetMinorityInterest82.22M111.98M108.94M61.09M
TotalNonCurrentLiabilitiesNetMinorityInterest82.22M78.47M55.84M35.87M
OtherNonCurrentLiabilities17.38M428.00K739.00K104.55K
LongTermDebtAndCapitalLeaseObligation64.84M78.04M55.84M35.13M
LongTermCapitalLeaseObligation16.94M0.00
LongTermDebt61.10M55.84M35.13M4.20M
CurrentLiabilities33.52M53.09M25.21M2.08M
CurrentDeferredLiabilities1.40M527.00K1.03M326.37K
CurrentDeferredRevenue1.40M527.00K1.03M326.37K
CurrentDebtAndCapitalLeaseObligation19.68M40.11M7.47M1.18M
CurrentCapitalLeaseObligation2.03M31.42M0.00
CurrentDebt17.65M8.69M7.47M1.18M
OtherCurrentBorrowings17.65M8.69M7.47M1.18M
PayablesAndAccruedExpenses12.44M12.46M16.71M578.04K
CurrentAccruedExpenses2.68M8.04M5.50M309.61K
Payables9.76M4.41M11.22M268.43K
DuetoRelatedPartiesCurrent7.27M450.00K829.00K
DividendsPayable663.00K652.00K7.37M
AccountsPayable1.82M3.31M3.02M268.43K
TotalAssets138.68M172.07M174.81M125.66M
TotalNonCurrentAssets124.12M147.59M155.72M65.84M
OtherNonCurrentAssets24.23M350.00K700.00K15.20M
NonCurrentPrepaidAssets1.16M0.00
NonCurrentDeferredAssets4.35M2.49M441.00K155.55K
InvestmentsAndAdvances3.59M0.00
LongTermEquityInvestment3.59M0.00
NetPPE99.89M138.15M152.53M50.20M
AccumulatedDepreciation-9.95M-7.56M-1.26M-4.65M
GrossPPE148.10M160.08M51.46M16.93M
ConstructionInProgress0.0012.69M
OtherProperties47.71M16.93M
MachineryFurnitureEquipment51.46M16.93M
CurrentAssets14.56M24.48M19.09M59.81M
OtherCurrentAssets503.00K3.69M3.21M
AssetsHeldForSaleCurrent14.88M0.00
PrepaidAssets601.00K546.00K989.00K59.46K
Inventory650.00K664.00K107.00K99.33K
Receivables1.44M394.00K779.00K70.00K
DuefromRelatedPartiesCurrent0.00142.00K0.00
AccountsReceivable1.44M252.00K779.00K70.00K
CashCashEquivalentsAndShortTermInvestments14.56M6.41M13.80M54.73M
CashAndCashEquivalents14.56M6.41M13.80M54.73M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow3.02M-87.98M-85.64M3.60M
RepurchaseOfCapitalStock-469.00K-673.00K-16.50M
RepaymentOfDebt-65.78M-34.61M-34.75M-800.00K
IssuanceOfDebt47.15M54.50M73.00M0.00
IssuanceOfCapitalStock0.001.88M34.97M
CapitalExpenditure-249.00K-81.75M-93.52M-56.07K
InterestPaidSupplementalData7.60M6.33M1.74M642.22K
EndCashPosition6.76M14.50M69.93M765.48K
BeginningCashPosition14.50M69.93M0.00406.01K
ChangesInCash-7.74M-55.43M69.93M359.48K
FinancingCashFlow-18.95M9.94M55.57M-3.24M
CashFlowFromContinuingFinancingActivities-18.95M9.94M55.57M-3.24M
NetOtherFinancingCharges2.79M-1.80M-909.00K-2.44M
CashDividendsPaid-2.64M-9.36M-243.00K
PreferredStockDividendPaid0.000.00-243.00K
CommonStockDividendPaid-2.64M-9.36M0.00
NetPreferredStockIssuance0.000.00-500.00K
PreferredStockPayments0.000.00-10.50M
PreferredStockIssuance0.000.0010.00M
NetCommonStockIssuance-469.00K1.21M18.97M
CommonStockPayments-469.00K-673.00K-6.00M
CommonStockIssuance0.001.88M24.97M
NetIssuancePaymentsOfDebt-18.63M19.89M38.25M-800.00K
NetLongTermDebtIssuance-18.63M19.89M38.25M-800.00K
LongTermDebtPayments-65.78M-34.61M-34.75M-800.00K
LongTermDebtIssuance47.15M54.50M73.00M0.00
InvestingCashFlow7.95M-59.14M6.49M-56.07K
CashFlowFromContinuingInvestingActivities7.95M-59.14M6.49M-56.07K
NetOtherInvestingChanges-8.29M-14.89M
NetBusinessPurchaseAndSale-3.73M0.000.00
NetPPEPurchaseAndSale19.97M-44.25M6.49M-56.07K
SaleOfPPE20.22M37.50M100.01M
PurchaseOfPPE-249.00K-81.75M-93.52M-56.07K
OperatingCashFlow3.26M-6.23M7.88M3.66M
CashFlowFromContinuingOperatingActivities3.26M-6.23M7.88M3.66M
ChangeInWorkingCapital-7.98M-7.38M681.00K312.57K
ChangeInOtherWorkingCapital-5.71M-6.02M969.00K203.23K
ChangeInOtherCurrentLiabilities0.000.00-130.00K
ChangeInOtherCurrentAssets3.18M-478.00K-3.21M
ChangeInPayablesAndAccruedExpense-4.27M-1.18M4.61M236.66K
ChangeInAccruedExpense-4.98M1.14M6.80M102.77K
ChangeInPayable705.00K-2.32M-2.19M133.89K
ChangeInAccountPayable-1.76M-1.57M-2.79M
ChangeInPrepaidAssets-55.00K443.00K-990.00K-12.13K
ChangeInInventory-82.00K-531.00K87.00K-45.19K
ChangeInReceivables-1.04M385.00K-660.00K-70.00K
ChangesInAccountReceivables-1.19M527.00K-660.00K-70.00K
OtherNonCashItems4.44M1.07M514.00K417.74K
StockBasedCompensation779.00K2.52M2.79M
AssetImpairmentCharge828.00K0.000.00
DepreciationAmortizationDepletion9.71M9.08M1.90M756.76K
DepreciationAndAmortization9.71M9.08M1.90M756.76K
Depreciation9.71M9.08M1.90M756.76K
OperatingGainsLosses-1.13M-11.74M-35.50M
EarningsLossesFromEquityInvestments142.00K0.000.00
GainLossOnSaleOfPPE-1.43M-11.80M-36.09M
NetIncomeFromContinuingOperations-3.38M221.00K37.49M2.17M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for USEA
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status