Euroseas Ltd. reports Q3 net income of $29.7 million on $56.9 million net revenues

Reuters

Nov 18

<a href="https://laohu8.com/S/ESEA">Euroseas Ltd</a>. reports Q3 net income of $29.7 million on $56.9 million net revenues

Euroseas Ltd. reported net income of $88.4 million for the nine months ended September 30, 2024, compared to $96.5 million for the same period in 2025. Vessel depreciation was $18.9 million in 2024 and $21.8 million in 2025. The company recorded gains on sale of vessels of $5.7 million in 2024 and $10.2 million in 2025. Additional paid-in capital was $258.9 million in 2024 and $258.9 million in 2025. Retained earnings rose from $103.9 million in 2024 to $169.0 million in 2025, while total shareholders' equity increased from $362.9 million to $428.1 million. Total liabilities and shareholders' equity were $591.2 million in 2024 and $674.8 million in 2025. Euroseas operates in the container shipping market, managing its operations through Eurobulk Ltd.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Euroseas Ltd. published the original content used to generate this news brief on November 18, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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