Costamare Bulkers Holdings Ltd. engages in the provision of solid, unpackaged raw materials and dry bulk commodities transportation. It offers a broad ...
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$0.00 per share
EPS $0.25 · Revenue $129.77M
EPS $0.48 · Revenue $130.46M
EPS $-1.54 · Revenue $597.22M
EPS $0.30 · Revenue $222.87M
EPS $-0.55 · Revenue $77.93M
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $597.2M | -50.0% | -0.5% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $-37.4M | +62.0% | -48.3% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +12.4% | +8.5% | -2.6% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | -3.2% | -12.1% | +15.6% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | -6.3% | +23.9% | -48.0% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $43.9M | +119.2% | -100.0% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +7.4% | +138.5% | -100.0% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 29.3% | -82.7% | +5.3% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 2.38x | +317.8% | +1.1% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $1.1B | -12.0% | +1.2% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | — | — | — | — |
| Revenue Surprise | — | — | $129.8M vs $222.9M | -41.8% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Aug 6, 2026 | Zikos Grigorios | director, officer: Chief Executive Officer | Common Stock, par value $0.0001 per share | D | 24,203 | $18.30 |
| Mar 27, 2026 | Eleftheriou Katerina | director | Common Stock, par value $0.0001 per share | A | 65 | $15.11 |
| Mar 18, 2026 | Zikos Grigorios | director, officer: Chief Executive Officer | Common Stock, par value $0.0001 per share | — | 0 | — |
| Mar 18, 2026 | Sofianopoulos Dimitrios | — | — | — | 0 | — |
| Mar 18, 2026 | Pagratis Dimitrios | — | — | — | 0 | — |
Operator: Thank you for standing by, ladies and gentlemen, and welcome to the Costamare Bulkers Holdings Limited Conference Call on the First Quarter 2026 Financial Results. We will have with us Mr. Gregory Zikos, Chief Executive Officer of the company. [Operator Instructions] I must advise you that this conference is being recorded today, Wednesday, May 13, 2026. We would like to remind you that this conference call contains forward-looking statements. Please take a moment to read Slide #2 of the presentation, which contains the forward-looking statements. And I will now pass the floor to your speaker today, Mr. Zikos. Please go ahead. Gregory Zikos: Thank you, and good morning, ladies and gentlemen. During the first quarter of the year, Costamare Bulkers generated an adjusted net income of $12.4 million. As of today, we have successfully transferred a majority of the company's legacy trading portfolio pursuant to our deal with Cargill, effectively derisking our balance sheet. We expect that our trading platform will be free of the remaining legacy trades by year-end. As part of our fleet renewal program, we recently concluded the sale of 2011-built Capesize vessel and the acquisition of 2018-built Ultramax. At the same time, we accepted delivery of newbuilding Kamsarmax chartered in for a minimum period of 5 years. The vessel has been chartered out at a profitable rate for a minimum period of 11 months. With total cash of about $270 million and debt of circa $140 million, the company is net cash positive, positioning us favorably to grow countercyclically in a lower asset value environment. Regarding the market, during the first 4 months of the year, the market exhibited elevated volatility relative to historical averages, driven by increased activity and inefficiencies, while geopolitical instability contributed additional uncertainty. Capesize earnings were supported by robust iron ore and bauxite volumes, coupled with limited fleet growth. Ton-mile demand was further reinforced by the expansion of the West Africa-China trade flows across both commodities. Alongside the firm Capesize market and broadly positive dry bulk sentiment, the Panamax Index was further supported by a record soybean harvest in Brazil as well as the U.S.-China agreement reached at the end of '25, which drove long-haul soybean shipments during the first quarter. Finally, the Supramax segment recorded a solid start to the year as increased grain and minor bulk flows offset the negative impact of the Strait of Hormuz closure, which reduced Persian Gulf export volumes by approximately 50%. Moving now to the slide presentation. On Slide 3, you can see our Q1 results. Net income for the period was $9.9 million or $0.41 per share. Adjusted net income was $12.4 million or $0.51 per share. By the end of Q1, total cash exceeded debt by approximately $127 million. As part of our fleet renewal strategy, we concluded the acquisition of 2018-built Ultramax vessel and took delivery …
| Name | Title | Gender | Year Born | Status |
|---|---|---|---|---|
Gregory G. Zikos | Chief Executive Officer & Director | Male | 1969 | Active |
Anastassios Gabrielides | General Counsel & Secretary | Male | 1965 | Active |
Dimitris Pagratis | Chief Financial Officer | Male | 1975 | Active |
MONACO, Aug. 03, 2026 (GLOBE NEWSWIRE) -- Costamare Bulkers Holdings Limited (“Costamare Bulkers” or the “Company”) (NYSE: CMDB) today reported unaudited financial results for the second quarter and six-month period ended June 30, 2026.
MONACO, July 31, 2026 (GLOBE NEWSWIRE) -- Costamare Bulkers Holdings Limited (NYSE:CMDB) (“Costamare Bulkers” or the “Company”), announced today that it will release its results for the second quarter ended June 30, 2026 before the market opens in New York on August 3, 2026. Results Presentation: A presentation of the Company's financial results for the second quarter of 2026 will be posted on the Costamare Bulkers website (www.costamarebulkers.com).
MONACO, July 17, 2026 (GLOBE NEWSWIRE) -- Costamare Bulkers Holdings Limited (“Costamare Bulkers” or the “Company”) (NYSE:CMDB), announced today that its Board of Directors has called an annual meeting of the shareholders to be held virtually on Thursday, October 8, 2026.
Costamare Bulkers has benefited from surging dry bulk rates, driving improved Q1 results and higher operating income. CMDB's transfer of its volatile trading portfolio to Cargill simplifies its business model and reduces risk, enhancing visibility. Despite trading at a discount to book value and holding strong liquidity, CMDB lacks a clear capital return or dividend strategy.
Costamare Bulkers Holdings Limited (CMDB) Q1 2026 Earnings Call Prepared Remarks Transcript
| Report Date | Employees | Form Type | Filing Date | SEC Filing |
|---|---|---|---|---|
| Dec 31, 2025 | 250 | 20-F | Mar 30, 2026 | View |
