EuroDry Ltd.

EuroDry Ltd.

EDRY
EuroDry Ltd.US flagNASDAQ Capital Market
24.74
USD
+0.62
- -
71.51MMarket Cap
EuroDry Ltd.
EDRY
(NASDAQ Capital Market)

Recent

price

24.74

P/E

ratio

- -

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
3.49
8.5
10.98
12.1
9.8
25.49
24.4
17.22
22.39
18.96
20.16
Revenue per Share
-4.5
0.38
0.25
-0.85
-3.28
11.63
11.66
-1.05
-4.62
-1.55
-0.11
Basic EPS, GAAP
-8.86
-2.98
-11.23
6.22
0.75
0.92
-1.67
-19.36
-1.44
1.96
3.53
Free Cash Flow per Basic Share
- -
- -
- -
0.58
0.31
0.43
- -
- -
- -
- -
- -
Dividend per Share
13.79
14.57
-4.07
-4.88
-8.11
4.33
15.47
15.05
10.63
8.97
9.02
Book Value per Share
13.79
14.57
19.5
18.57
8.2
31.21
39.61
43.22
38.71
37.2
37.23
Tangible Book Value per Share
2
2
2
2
2
3
3
3
3
3
3
Basic Weighted Avg Shares
8
19
25
27
22
64
70
48
61
52
56
Sales/Revenue/Turnover
-24.36
13.72
16.29
11.04
-12.3
60.35
44.54
2.58
-5.73
0.34
11.6
Operating Margin (%)
4
5
5
6
7
8
11
11
14
12
12
Depreciation Expense
-10
1
1
- -
-6
31
34
-3
-13
-4
- -
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-128.71
4.44
4.57
0.06
-26.37
48.34
47.79
-6.11
-20.64
-8.16
-0.55
Profit Margin (%)
1
-2
5
-2
-13
13
21
-1
5
10
11
Working Capital
28
30
56
50
37
65
58
86
95
91
88
LT Debt
31
33
62
57
35
79
114
119
106
103
103
Total Equity
- -
3.99
4.06
2.52
- -
31.97
17.72
- -
- -
- -
3.17
Return on Invested Capital (%)
- -
4.05
5.59
5.3
- -
48.46
34.73
- -
- -
- -
3.92
Return on Capital (%)
- -
2.66
- -
- -
- -
- -
120.96
-6.76
-35.72
-15.88
-1.21
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
12
12
12
LT Borrowings
85
91
88
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
34
35
55

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
23
29
28
Cash, Cash Equivalents & STI
7
20
19
Accounts Receivable, Net
4
3
4
Inventories
1
1
1
Total Current Liabilities
18
19
18
Payables & Accruals
4
6
5
ST Debt
12
12
12
Deferred Revenue
2
1
1

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
32.56%
-2.92%
Free Cash Flow
- -
82.3%
-237.74%
Net Income, GAAP
- -
-92.77%
-66.17%
Sales/Revenue/Turnover
- -
35.95%
-14.44%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14
17
15
15
61
2025
9
11
14
17
52
2026
13
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.65
-0.15
-1.53
-2.28
-4.62
2025
-1.35
-1.12
-0.24
1.14
-1.55
2026
0.09
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
EuroDry Ltd. EuroDry Ltd. (NASDAQ: EDRY) provides worldwide ocean-going transportation services for drybulk cargoes through ownership and operation of a fleet of drybulk carriers transporting major bulks such as iron ore, coal, and grains; minor bulks including bauxite, phosphate, fertilizers, and steel products; employing vessels primarily on spot and period charters as well as through pool arrangements. The Company, incorporated in the Republic of the Marshall Islands on January 8, 2018 as a spin-off from Euroseas Ltd. (NASDAQ: ESEA), maintains its headquarters in Maroussi, Greece with operations managed by affiliated ship management companies Eurobulk Ltd. and Eurobulk (Far East) Ltd. Inc.; its current fleet comprises 13 vessels including 2 Kamsarmax (82,000 dwt each), 5 Ultramax (averaging 63,000 dwt), 1 Supramax (57,924 dwt), and 5 Panamax (averaging 76,000 dwt) with total cargo capacity of 918,502 dwt and average age of 14.5 years, positioned for flexible employment in key global trade routes serving miners, agricultural traders, commodity firms, and industrial producers. Recent developments include the signing of contracts on November 19, 2024 for construction of two modern 63,500 dwt Ultramax bulk carriers at $71.8 million for delivery in Q2-Q3 2027; agreements to sell older Panamax vessels M/V Tasos (2000-built, $5 million, February 2025) and M/V Eirini P. (2004-built, $8.5 million, September 2025) as part of fleet renewal; debt financing arrangements announced November 13, 2025 for the newbuilds; and joint ventures with private investors for prior eco Ultramax acquisitions including M/V Christos K and M/V Maria in 2023, enabling non-dilutive growth while expanding capacity to 1.05 million dwt on fully delivered basis.

Company News

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