XNASUSEA
Market cap16mUSD
Dec 20, Last price
1.83USD
1D
1.10%
1Q
-31.46%
IPO
-74.15%
Name
United Maritime Corp
Chart & Performance
P/E
73.24
P/S
0.45
EPS
0.02
Div Yield, %
57.86%
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
36m
+58.30%
Net income
221k
-99.70%
CFO
-6m
L
Dividend
Sep 27, 20240.075 USD/sh
Profile
United Maritime Corporation, a shipping company, provides seaborne transportation services worldwide. It owns one Capesize dry bulk vessel having a carrying capacity of 171,314 deadweight tons. The company was incorporated in 2022 and is based in Glyfada, Greece. United Maritime Corporation operates independently of Seanergy Maritime Holdings Corp. as of July 5, 2022.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | |
| Income | |||||
Revenues | 36,067 58.30% | 22,784 208.09% | 7,395 79.32% | ||
Cost of revenue | 40,792 | 17,851 | 4,138 | ||
Unusual Expense (Income) | |||||
NOPBT | (4,725) | 4,933 | 3,257 | ||
NOPBT Margin | 21.65% | 44.05% | |||
Operating Taxes | (37,405) | 621 | |||
Tax Rate | 19.07% | ||||
NOPAT | (4,725) | 42,338 | 2,636 | ||
Net income | 221 -99.70% | 74,895 4,734.37% | 1,549 210.83% | ||
Dividends | (9,364) | (243) | |||
Dividend yield | 45.35% | 0.76% | |||
Proceeds from repurchase of equity | 1,210 | 8,471 | (2,442) | ||
BB yield | -5.86% | -26.37% | |||
| Debt | |||||
Debt current | 40,111 | 7,473 | 1,177 | ||
Long-term debt | 87,263 | 42,606 | 4,204 | ||
Deferred revenue | |||||
Other long-term liabilities | 18,481 | 105 | |||
Net debt | 112,873 | (175,402) | 4,615 | ||
| Cash flow | |||||
Cash from operating activities | (6,228) | 6,737 | 3,657 | ||
CAPEX | (81,748) | (93,520) | (56) | ||
Cash from investing activities | (59,138) | 36,327 | (56) | ||
Cash from financing activities | 9,935 | 26,868 | (3,242) | ||
FCF | (107,051) | 4,419 | 3,393 | ||
| Balance | |||||
Cash | 13,801 | 69,932 | 765 | ||
Long term investments | 700 | 155,549 | |||
Excess cash | 12,698 | 224,342 | 396 | ||
Stockholders' equity | 26,953 | 29,375 | 7,040 | ||
Invested Capital | 149,125 | 78,538 | 12,130 | ||
ROIC | 93.39% | 20.74% | |||
ROCE | 4.57% | 26.01% | |||
| EV | |||||
Common stock shares outstanding | 8,359 | 7,300 | 12,308 | ||
Price | 2.47 -43.86% | 4.40 | |||
Market cap | 20,648 -35.71% | 32,118 | |||
EV | 133,521 | (143,284) | |||
EBITDA | 4,353 | 6,836 | 4,014 | ||
EV/EBITDA | 30.67 | ||||
Interest | 7,183 | 2,413 | 621 | ||
Interest/NOPBT | 48.92% | 19.07% | |||