United Maritime Corporation

USEA Industrials Marine Shipping

United Maritime Corporation’s revenue for fiscal 2025 (year ended December 2025) was $37.8 million, down 16.8% from fiscal 2024.

Revenue
−19.9%
EPS
0.00%
Free cash flow
+273.8%
Total debt
+38.9%

Quarter to June 2026, against a year earlier

2.37 0.07 −2.87%
Market cap
$23.3M
P/E
0.0×
Fwd P/E
5.8×
Dividend yield
16.3%
F-score
4/9
Altman Z
0.37
Beneish M
−2.28
Dividend safety
31/100

Insider Decisions last twelve months

Bought, $m 0.09
Sold, $m 0.04
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — 1 — 1 — — — —
Sell — — — — 1 — — 1 — — 1 —
Insider Ownership 21.77%

Capital & Financial Ratios $m

Size
Market Cap 23.29
Revenue ttm 35.50
Net income ttm (6.21)
Free cash flow ttm 57.55
Net debt Q 79.32
Valuation
P/E 0.00
Forward P/E 5.82
Price / sales 0.62
Forward P/S Powerpack
Price / FCF 0.38
Price / book 0.41
Financial health
Current ratio Q 0.96 (below 1: weak)
Debt / equity Q 1.72
Interest coverage Q 1.95
Growth
Revenue growth Q −19.89% (below 0%: shrinking)
Operating income growth Q +35.13% (above 0%: growing)
EPS, this year +195.65% (at or above 15%: strong)
EPS, next year A −72.73% (below 0%: weak)
Revenue, next year A +2.16%
EPS, past 5 yrs —
EPS, next 5 yrs A −4.55% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 82.90%
10-year low 10-year high
P/B against its own 10 years 83.87%
10-year low 10-year high
EV/Sales against its own 10 years 73.52%
10-year low 10-year high

Dividends

Yield
16.3%
Annual rate
0.39
Payout ratio
—
Growth, 2023–25
−31.7%/yr
  1. 0.30 ’23
  2. 0.30 ’24 +0
  3. 0.14 ’25 −53
  4. 0.40 ’26e +186
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 14 6 15 12
Receivables 0 1 2 2
Inventory 1 1 0 1
Other 4 15 16 16
19 24 33 31
2023 2024 2025 Q'26
Payables 3 2 2 2
ST’ Debt 9 18 14 14
Other — — — 0
53 34 49 32

Compound Annual Growth %

10y 5y 3y
Sales — 55.74% 18.37%
Cash Flow — 0.00% (34.51%)
Earnings — 0.00% 0.00%
Book Value — 50.51% (4.37%)

EPS $

Mar Jun Sep Dec Year
’26 (0.02) 0.11 — — —
’25 (0.52) 0.11 0.12 (0.42) (0.70)
’24 (0.15) 0.07 (0.10) (0.21) (0.38)
’23 (0.64) (0.37) 0.91 (0.08) 0.02
’22 — — 0.09 3.55 5.14
’21 — — — — 0.18
’20 — — — — 0.09
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 8 10 — — —
’25 8 12 11 7 38
’24 11 12 12 11 45
’23 3 10 12 12 36
’22 — — 8 15 23
’21 — — — — 7
’20 — — — — 4
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — 4 — — —
’25 — 0 0 2 2
’24 2 2 2 (3) 3
’23 (4) 3 (6) 1 (6)
’22 — (1) 1 8 8
’21 — — — 4 4
’20 — — — 0 0
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — 6 — — —
’25 — 16 34 2 52
’24 2 2 22 (3) 23
’23 (4) (60) (6) (43) (50)
’22 — (1) 1 27 27
’21 — — — 4 4
’20 — — — 0 0
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — 7 4 7 23 36 45 38 35 +32.8% 39 37 — (1.7%)
Gross margin, % — — — 70.20 52.14 68.81 77.27 43.61 56.55 58.57 62.79 (11.6) pt
EBT — — — 0 1 2 37 0 (3) (6) (2) +68.1%
EBT margin, % — — — (4.00) 26.46 29.35 164.55 0.61 (7.45) (16.45) (4.75) (12.4) pt
Net income — — — 0 1 2 37 0 (3) (6) (6) +68.1%
Per share, $
Per share, $ Revenue — — — 0.56 0.34 0.60 5.06 4.31 5.22 4.26 3.87 +40.3%
Earnings — — — (0.02) 0.09 0.18 7.79 0.02 (0.39) (0.70) (0.21) +80.9%
Cash flow — — — 0.05 (0.04) 0.30 1.75 (0.75) 0.37 0.25 0.72 +30.5%
Capex — — — 0.00 0.00 0.00 4.26 (5.29) 2.29 5.61 5.55 n/m
Free cash flow — — — 0.05 (0.04) 0.29 6.01 (6.04) 2.67 5.86 6.27 +121.5%
Book value — — — 0.00 0.59 0.57 14.34 7.88 6.90 6.37 5.80 n/m
Shares, m — — — 12 12 12 5 8 9 9 9 (5.3%)
Valuation, ×
Valuation, × P/E — — — 0.69 0.69 0.69 0.69 0.00 0.00 0.00 0.00 0.4
P/S — — — 0.00 0.00 0.00 0.00 0.59 0.33 0.40 0.62 0.2
P/B — — — 0.00 0.00 0.00 0.42 0.32 0.25 0.27 0.41 0.2
EV/Sales — — — 0.00 0.00 0.00 0.00 2.00 2.30 1.28 2.86 0.8
EV/FCF — — — 1.74 1.74 1.74 0.50 (0.77) (4.97) 0.99 1.76 0.1
Cash, $m
Cash, $m Operating cash flow — — — 1 0 4 8 (6) 3 2 7 +23.6%
Capex — — — 0 0 0 19 (44) 20 50 51 n/m
Free cash flow — — — 1 0 4 27 (50) 23 52 58 +109.7%
Balance, $m
Balance, $m Working capital — — — — (1) (1) 35 (34) (9) (16) (1) +89.0%
Net debt — — — — 6 5 (12) 51 89 33 79 +42.5%
Shareholders’ equity — — — — 7 7 65 66 60 56 53 +50.5%
Returns, %
Returns, % ROA — — — 0.00 15.65 15.86 50.45 0.08 (1.95) (3.98) (1.08) (4.0) pt
ROIC — — — 0.00 1.45 15.63 48.27 3.79 2.02 (0.32) 1.72 (0.3) pt
ROE — — — 0.00 0.00 30.24 97.99 0.19 (5.37) (10.62) (3.10) (10.6) pt
People
People Employees — — — — — 2 2 2 6 3 — +10.7%
Revenue/emp, $m — — — 0.00 0.00 3.70 11.39 18.03 7.57 12.60 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

United Maritime Corporation vs peers in Marine Shipping (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
GLBS Globus Maritime Limited $54.4M 7.7× 5.3× +53.18% (above 0%: growing) n/m +1,883.66% (above 0%: growing) 66.15% 37.93% Compare
EHLD Euroholdings Ltd. $32.4M 3.4× — +194.98% (above 0%: growing) +406.67% (above 0%: growing) +182.44% (above 0%: growing) 65.57% 53.03% Compare
NCT Intercont (Cayman) Limited $26.3M — — — — −642.19% (below 0%: shrinking) — — Compare
PSHG Performance Shipping Inc. $23.6M 0.8× 1.3× +58.30% (above 0%: growing) −66.09% (below 0%: shrinking) −134.71% (below 0%: shrinking) 71.42% 44.82% Compare
USEA United Maritime Corporation $23.3M — (loss-making) 5.8× −19.89% (below 0%: shrinking) 0.00% +273.83% (above 0%: growing) 65.15% 25.60%
VNTG Vantage Corp $13.6M — — — — — — — Compare
CTRM Castor Maritime Inc. $12.4M 0.1× — +42.50% (above 0%: growing) +400.00% (above 0%: growing) −344.84% (below 0%: shrinking) 44.78% 96.08% Compare
HTCO Caravelle International Group $12.1M 0.1× — — n/m +3,267.49% (above 0%: growing) — 0.00% Compare
UFG Uni-Fuels Holdings Limited $10.2M — — — — +62.98% (above 0%: growing) — — Compare
Median of peers $18.6M 0.8× — +55.74% +400.00% +62.98% 65.86% 44.82%

All 38 Marine Shipping stocks →

United Maritime Corporation (USEA) Latest News

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15 Oct

stockrow.com/USEA · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com