NASDAQ$SHIP

Seanergy Maritime Holdings Corp · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Seanergy Maritime Q2 2025: $37.5M revenue, $0.14 EPS, declares $0.05 dividend on 6% TCE premium

Seanergy Maritime Holdings Corp. reported Q2 2025 results for the quarter ended June 30, 2025, with net revenues of $37.5 million compared to $43.1 million in Q2 2024. Net income was $2.9 million ($0.14 basic and diluted EPS) versus $14.1 million a year ago, with adjusted net income of $3.8 million and adjusted EBITDA of $18.3 million. The fleet achieved a daily TCE of $19,807, a 6% premium over the Baltic Capesize Index average of $18,681. The board declared a quarterly cash dividend of $0.05 per share, the 15th consecutive quarterly payout totaling $2.31 per share in aggregate dividends. For the first half, net revenues were $61.7 million with a net loss of $4.0 million amid softer charter markets. Cash and restricted cash stood at $25.4 million and shareholders' equity at $257.7 million.

  • Q2 net revenues $37.5M vs $43.1M prior year; net income $2.9M ($0.14 EPS); adjusted net income $3.8M
  • Fleet TCE $19,807/day, 6% premium over BCI; adjusted EBITDA $18.3M vs $28.0M in Q2 2024
  • Declared $0.05 quarterly cash dividend, 15th consecutive payout under capital return policy
  • Six-month net revenues $61.7M with net loss of $4.0M; daily TCE $16,679 vs $25,365 in 1H 2024
  • Completed $110.6M in financings year-to-date; shareholders' equity $257.7M at quarter end

Headline financials

Total Revenue

$37.5M

Previous: $43.1M-13.1%
EPS (adj)

$0.18

Previous: $0.77-76.6%
Adjusted EBITDA

$18.3M

No prior period
Daily TCE rate

$19.8K

No prior period
Quarterly dividend per share

$0.05

No prior period
Net Income

$2.9M

Previous: $14.1M-79.5%

Revenue & EPS history

Seanergy · Revenue · Quarterly

$37.5M

Q2 2025-13.1%vs Q2 2024
Beat estimate in 11 of 14 quarters(79%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+0.2%

Avg return

Earnings day

-4.3%

Avg return

5 days after

-11.4%

Avg return

30 days after

48%

29 / 61 earnings

Positive

+62.5%

Q1 2015

Best reaction

-42.5%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027
Q1 2026
Q4 2026+9.5%+20.0%+10.9%
Q3 2025+4.7%+8.1%+11.6%
Q2 2025+4.5%+6.9%+18.7%
Q1 2025+4.8%+3.5%+9.0%
Q3 2024+1.5%+3.0%-16.7%
Q2 2024+13.5%+17.0%+21.0%
Q4 2023+5.1%+2.7%-0.3%
Q3 2023+5.7%+7.8%+40.1%
Q2 2023-0.9%+0.7%+0.7%
Q1 2023-4.0%-5.3%-2.9%
Q4 2022-9.5%-10.8%-20.7%
Q3 2022+2.0%+4.0%+0.0%
Q2 2022-0.4%+2.8%-26.4%
Q1 2022-2.4%-1.7%-32.5%
Q4 2021+0.8%-13.4%-11.8%
Q3 2021-2.7%-3.5%-20.4%
Q2 2021-1.9%-2.9%+21.2%
Q1 2021-4.7%-6.5%+16.7%
Q4 2020+1.8%-9.0%-15.3%
Q3 2020-10.4%-4.1%-2.0%
Q2 2020-7.5%-8.2%-72.8%
Q1 2020-42.5%-6.7%-68.5%
Q4 2019-3.0%-13.3%-20.0%
Q3 2019-32.5%-34.9%-37.3%
Q2 2019-7.3%-11.9%+5.1%
Q1 2019-14.0%-15.2%-10.6%
Q4 2018-35.6%-36.5%-38.3%
Q3 2018-1.5%-4.3%-24.6%
Q2 2018-3.0%-8.1%-10.1%
Q1 2018+7.6%+8.0%+9.2%
Q4 2017-15.5%-14.8%-37.4%
Q3 2017+0.9%-8.5%-10.3%
Q2 2017+2.6%-2.6%+3.5%
Q1 2017-6.5%-27.1%-29.9%
Q4 2016+34.1%+7.3%-8.5%
Q3 2016+2.2%-4.3%-50.0%
Q2 2016-3.1%-7.2%-31.0%
Q1 2016+3.8%+5.2%-3.3%
Q4 2015+0.3%
Q3 2015-4.5%
Q2 2015+5.2%
Q1 2015+62.5%
Q4 2014-1.5%
Q3 2014+9.3%
Q2 2014-2.4%
Q1 2014+10.0%
Q4 2013+11.2%
Q3 2013+6.2%
Q2 2013-18.5%
Q1 2013-2.2%
Q4 2012-13.5%
Q3 2012-8.7%
Q2 2012+0.5%
Q4 2011+26.9%
Q4 2010+26.9%
Q4 2009+26.9%
Q1 2012-3.3%
Q3 2011-10.9%
Q2 2011-4.1%
Q1 2011-4.2%
Q2 2010+1.8%

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