NASDAQ$USEA
United Maritime Corp · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
United Maritime reported its Q4 2024 results with $10.8 million in net revenues, an adjusted EBITDA increase, but a net loss driven by seasonal market weakness and non-cash items.
United Maritime generated $10.8 million in net revenues in Q4 2024, slightly down from the prior year. The company recorded a net loss of $1.8 million, with adjusted net loss at $0.7 million. Adjusted EBITDA increased to $5.1 million, supported by efficient fleet management and optimization efforts.
- Net revenues for Q4 2024 were $10.8 million, compared to $11.6 million in Q4 2023.
- Adjusted EBITDA rose to $5.1 million, up from $4.6 million in the previous year.
- Net loss of $1.8 million was reported for Q4 2024, driven by impairment charges and financing costs.
- Cash and cash equivalents stood at $6.8 million as of December 31, 2024.
Headline financials
Revenue & EPS history
United Maritime · Revenue · Quarterly
$10.8M
Forward guidance
United Maritime expects to benefit from fleet modernization, strategic asset management, and favorable long-term dry bulk market fundamentals.
Tailwinds
- Continued optimization and renewal of fleet composition.
- Extension of share repurchase program with $1.9 million remaining authorization.
- Long-term financing secured with no major debt maturities until Q4 2026.
- Active investment in AI-powered fleet monitoring for performance optimization.
- Potential market tailwinds from global trade shifts and geopolitical resolution.
Headwinds
- Seasonal slowdowns in key commodities affected Q4 performance.
- Reduced TCE rates compared to the previous year.
- Higher interest and financing costs impacted results.
- Impairment charges contributed to quarterly losses.
- Ongoing volatility in the dry bulk market and global economic uncertainties.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 14 quarterly earnings reports · overlaid with Q4 2024
+0.0%
Avg return
Earnings day
+1.2%
Avg return
5 days after
+5.0%
Avg return
30 days after
67%
10 / 15 earnings
Positive
+8.4%
Q4 2022
Best reaction
-12.8%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.6% | +12.2% | +15.2% | |
| Q4 2025 | +3.0% | -2.5% | +3.4% | |
| Q3 2025 | +2.9% | +1.6% | +20.3% | |
| Q2 2025 | +0.8% | -1.3% | +5.7% | |
| Q1 2025 | +2.4% | -3.9% | +18.1% | |
| Q4 2024 | -12.8% | -20.2% | -36.7% | |
| Q3 2024 | -5.3% | -2.9% | -11.0% | |
| Q2 2024 | +0.8% | +0.8% | +5.6% | |
| Q1 2024 | +2.2% | -2.0% | -4.0% | |
| Q4 2023 | -9.5% | -4.9% | -1.1% | |
| Q3 2023 | +8.3% | +14.6% | +26.3% | |
| Q2 2023 | -3.1% | -1.2% | -7.2% | |
| Q1 2023 | -0.7% | +11.1% | +1.5% | |
| Q4 2022 | +8.4% | +12.1% | -1.7% | |
| Q3 2022 | +0.3% | +3.8% | +39.8% |
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