Euroseas Ltd. Ex-Distribution When Issued
ESEAV
NASDAQ Global Select27.85
USD
+1.85
- -
CIK
0001341170
ISIN
MHY235921357
CUSIP
Y23592135
Return %
Stock
S&P500
1Y
11.36
26.99
3Y
11.36
77.19
5Y
11.36
79.08
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Aristides J. Pittas
- Full Time Employees
- 365
- Sector
- Industrials
- Industry
- Marine Shipping
- Address
- 4 Messogiou & Evropis Street Marousi Greece 151 24
- IPO Date
- Mar 7, 2025
- CIK
- 0001341170
- Website
- euroseas.gr
- Similar Companies
- Business
- Euroseas Ltd. (NASDAQ: ESEA; ESEAV ex-distribution when issued) provides worldwide ocean-going transportation services in the container shipping market through the ownership and operation of a fleet of feeder and intermediate containerships that transport dry and refrigerated containerized cargoes, including manufactured products and perishables; the company employs its vessels primarily on period charters, spot charters, and through pool arrangements. Euroseas Ltd., formed on May 5, 2005 under the laws of the Republic of the Marshall Islands to consolidate the ship owning interests of the Pittas family with over 140 years in shipping, is headquartered in Maroussi, Athens, Greece, with operations managed by its ISO-certified affiliated ship manager Eurobulk Ltd.; as of late 2025, the company operates 21 vessels comprising 15 feeder containerships and 6 intermediate containerships with a total capacity of 61,144 TEU, and on a fully delivered basis including four newbuildings scheduled for 2027-2028, the fleet expands to 25 vessels with 79,080 TEU capacity. Recent expansions include the September 2025 acquisition of four 4,253 TEU containerships from Synergy Holdings Limited for $40 million, assuming existing charters and adding over $5 million to annual EBITDA while incorporating Synergy's chairman Andreas Papathomas to its board; in August 2025, the company ordered two additional eco-friendly 4,300 TEU vessels from Jiangsu New Yangzi Shipbuilding for $59.25 million each, with deliveries in 2028; further enhancements involve multi-year charter extensions, such as three-year contracts at $35,500 daily for two intermediate vessels and a one-year extension for the feeder M/V Jonathan P.