EuroHoldings Acquires Tanker, Reports Q3 Results

TL;DR

EuroHoldings bought a tanker and dropped Q3 earnings.

AI Summary

EuroHoldings Ltd. reported its financial results for the quarter and nine-month period ended September 30, 2025. The company also announced the acquisition of the M/T Hellas Avatar, a 49,997 DWT Product Tanker Vessel built in 2015, on November 17, 2025.

Why It Matters

This filing indicates EuroHoldings Ltd. is expanding its fleet with a newly acquired vessel, potentially impacting its future revenue and operational capacity in the freight transportation sector.

Risk Assessment

Risk Level: low — This is a routine 6-K filing reporting financial results and a vessel acquisition, with no immediate red flags.

Key Numbers

• 49,997 DWT — Product Tanker Vessel (Capacity of the acquired vessel, M/T Hellas Avatar)

Key Players & Entities

• EuroHoldings Ltd. (company) — Registrant
• M/T Hellas Avatar (company) — Acquired vessel
• September 30, 2025 (date) — Reporting period end date
• November 17, 2025 (date) — Press release date

FAQ

Key Financial Figures

• $3.0 million — ial Highlights: Total net revenues of $3.0 million. Net income of $1.5 million or $0.55 ea
• $1.5 million — revenues of $3.0 million. Net income of $1.5 million or $0.55 earnings per share basic and d
• $0.55 — million. Net income of $1.5 million or $0.55 earnings per share basic and diluted. A
• $1.4 million — ic and diluted. Adjusted EBITDA 1 was $1.4 million. An average of 2.0 vessels were owned
• $16,580 — average time charter equivalent rate of $16,580 per day. Declared a quarterly dividen
• $0.14 — day. Declared a quarterly dividend of $0.14 per share for the third quarter of 2025
• $8.7 million — ial Highlights: Total net revenues of $8.7 million. Net income of $13.4 million or $4.81 e
• $13.4 million — revenues of $8.7 million. Net income of $13.4 million or $4.81 earnings per share basic and d
• $4.81 — million. Net income of $13.4 million or $4.81 earnings per share basic and diluted. A
• $3.2 million — Adjusted net income for the period was $3.2 million or $1.15 per share basic and diluted.
• $1.15 — come for the period was $3.2 million or $1.15 per share basic and diluted. Adjusted
• $3.1 million — ic and diluted. Adjusted EBITDA 1 was $3.1 million. An average of 2.1 vessels were owned
• $16,298 — average time charter equivalent rate of $16,298 per day. 1 Adjusted EBITDA, Adjusted
• $31.83 m — vessel will be purchased for a price of $31.83 million, with delivery expected in mid-No
• $20.0 million — an agreement with Piraeus Bank S.A. for $20.0 million to partly finance the acquisition of th

Filing Documents

• f111825ehld6k.htm (6-K) — 135KB
• f111825ehld6k001.jpg (GRAPHIC) — 31KB
• 0001317861-25-000059.txt ( ) — 179KB

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. EUROHOLDINGS LTD. Dated: November 18, 2025 By: /s/ Aristides J. Pittas Name: Aristides J. Pittas Title: President Exhibit 1 Euroholdings Ltd Reports Results for the Quarter and Nine-Month Period Ended September 30, 2025 and announces the acquisition of one 49,997 DWT Product Tanker Vessel, M/T Hellas Avatar, built in 2015 Maroussi, Athens, Greece November 17, 2025 Euroholdings Ltd (NASDAQ: EHLD, the Company or Euroholdings), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today its results for the three and nine-month periods ended September 30, 2025. The Company was incorporated by Euroseas Ltd. (NASDAQ: ESEA, or "Euroseas") to serve as the holding company of three subsidiaries that were contributed by Euroseas to Euroholdings effective January 1, 2025; Euroseas spun-off Euroholdings on March 17, 2025, which has since been operated as an independent company. The results below refer to Euroholdings and its subsidiaries for the periods presented. Historical comparative periods reflect the results of the carve-out operations of the three vessels that were contributed to the Company. Third Quarter 2025 Financial Highlights: Total net revenues of $3.0 million. Net income of $1.5 million or $0.55 earnings per share basic and diluted. Adjusted net income for the period remained unchanged at $1.5 million or $0.55 per share basic and diluted. Adjusted EBITDA 1 was $1.4 million. An average of 2.0 vessels were owned and operated during the third quarter of 2025 earning an average time charter equivalent rate of $16,580 per day. Declared a quarterly dividend of $0.14 per share for the third quarter of 2025, as in previous quarters, which is payable on or about December

View Full Filing

View this 6-K filing on SEC EDGAR