Euroseas Ltd. Reports Q3 2025 Results, Declares Dividend
Ticker: ESEA · Form: 6-K · Filed: Nov 19, 2025 · CIK: 1341170
| Field | Detail |
|---|---|
| Company | Euroseas LTD. (ESEA) |
| Form Type | 6-K |
| Filed Date | Nov 19, 2025 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $56.9 million, $29.7 million, $4.27, $4.25, $29.6 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: earnings, dividend, charter
TL;DR
Euroseas locked in 5 vessel charters, including new builds, and declared a dividend. Good news for shareholders.
AI Summary
Euroseas Ltd. reported its results for the quarter and nine-month period ended September 30, 2025. The company declared a quarterly dividend and announced multi-year forward charters for five vessels, including four under construction. The press release was issued on November 18, 2025.
Why It Matters
Securing multi-year charters for vessels, especially those under construction, indicates strong future revenue streams and operational stability for Euroseas Ltd.
Risk Assessment
Risk Level: low — This filing is a routine earnings report and dividend declaration, with no immediate negative financial or operational news.
Key Players & Entities
- Euroseas Ltd. (company) — Registrant
- September 30, 2025 (date) — Reporting period end date
- November 18, 2025 (date) — Press release date
- November 2025 (date) — Reporting month
FAQ
What are the key financial results for the quarter and nine-month period ended September 30, 2025?
The filing states that Euroseas Ltd. reported its results for the quarter and nine-month period ended September 30, 2025, but the specific financial figures are not detailed in the provided text, only that the press release containing them is attached as Exhibit 1.
How many vessels have been chartered and for what duration?
The company announced multi-year forward charters for five of its vessels, including its four vessels under construction.
When was the press release announcing these results issued?
The press release was issued on November 18, 2025.
What is the company's filing status regarding annual reports?
Euroseas Ltd. indicates it files annual reports under cover of Form 20-F.
What is the principal executive office address of Euroseas Ltd.?
The principal executive office is located at 4 Messogiou & Evropis Street, 151 24 Maroussi, Greece.
Filing Stats: 4,799 words · 19 min read · ~16 pages · Grade level 9.4 · Accepted 2025-11-19 16:48:59
Key Financial Figures
- $56.9 million — ial Highlights: Total net revenues of $56.9 million. Net income of $29.7 million or $4.27 a
- $29.7 million — evenues of $56.9 million. Net income of $29.7 million or $4.27 and $4.25 earnings per share b
- $4.27 — million. Net income of $29.7 million or $4.27 and $4.25 earnings per share basic and
- $4.25 — et income of $29.7 million or $4.27 and $4.25 earnings per share basic and diluted, r
- $29.6 million — djusted net income 1 for the period was $29.6 million or $4.26 and $4.23 per share basic and
- $4.26 — e 1 for the period was $29.6 million or $4.26 and $4.23 per share basic and diluted.
- $4.23 — e period was $29.6 million or $4.26 and $4.23 per share basic and diluted. Adjusted
- $38.8 million — ic and diluted. Adjusted EBITDA 1 was $38.8 million. An average of 22.0 vessels were owned
- $29,284 — average time charter equivalent rate of $29,284 per day. Declared a quarterly dividen
- $0.70 — day. Declared a quarterly dividend of $0.70 per share for the third quarter of 2025
- $10.5 m — in the open market for a total of about $10.5 million, under our share repurchase plan
- $20 million — nder our share repurchase plan of up to $20 million announced in May 2022 and renewed in Ma
- $170.5 million — ial Highlights: Total net revenues of $170.5 million. Net income of $96.5 million or $13.90
- $96.5 million — venues of $170.5 million. Net income of $96.5 million or $13.90 and $13.84 earnings per share
- $13.90 — million. Net income of $96.5 million or $13.90 and $13.84 earnings per share basic and
Filing Documents
- f111925esea6k.htm (6-K) — 193KB
- f111925esea6k002.gif (GRAPHIC) — 41KB
- 0001317861-25-000060.txt ( ) — 251KB
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. EUROSEAS LTD. Dated: November 19, 2025 By: /s/ Aristides J. Pittas Name: Aristides J. Pittas Title: President Exhibit 1 Euroseas Ltd. Reports Results for the Quarter and Nine-Month Period Ended September 30, 2025, Declares Quarterly Dividend and Announces Multi-Year Forward Charters for Five of Its Vessels Including its Four Vessels Under Construction Maroussi, Athens, Greece November 18, 2025 Euroseas Ltd. (NASDAQ: ESEA, the Company or Euroseas), 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. Third Quarter 2025 Financial Highlights: Total net revenues of $56.9 million. Net income of $29.7 million or $4.27 and $4.25 earnings per share basic and diluted, respectively. Adjusted net income 1 for the period was $29.6 million or $4.26 and $4.23 per share basic and diluted. Adjusted EBITDA 1 was $38.8 million. An average of 22.0 vessels were owned and operated during the third quarter of 2025 earning an average time charter equivalent rate of $29,284 per day. Declared a quarterly dividend of $0.70 per share for the third quarter of 2025 payable on or about December 16, 2025 to shareholders of record on December 9, 2025 as part of the Companys common stock dividend plan. As of November 18, 2025 we had repurchased 466,374 of our common stock in the open market for a total of about $10.5 million, under our share repurchase plan of up to $20 million announced in May 2022 and renewed in May 2025. Nine Months 2025 Financial Highlights: Total net revenues of $170.5 million. Net income of $96.5 million or $13.90 and $13.84 earnings per share basic and diluted, respectively. Adjusted net income 1 f