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EuroDry

DB:0LQ
Snowflake Description

Reasonable growth potential with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0LQ
DB
$19M
Market Cap
  1. Home
  2. DE
  3. Transportation
Company description

EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. The last earnings update was 67 days ago. More info.


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0LQ Share Price and Events
7 Day Returns
6.3%
DB:0LQ
4.1%
Europe Shipping
2.8%
DE Market
1 Year Returns
-3.2%
DB:0LQ
6.2%
Europe Shipping
3%
DE Market
0LQ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
EuroDry (0LQ) 6.3% 8.8% 7.9% -3.2% - -
Europe Shipping 4.1% -1.6% 9.8% 6.2% 6.6% -14.5%
DE Market 2.8% 0.2% 1.3% 3% 8% 23.6%
1 Year Return vs Industry and Market
  • 0LQ underperformed the Shipping industry which returned 6.2% over the past year.
  • 0LQ underperformed the Market in Germany which returned 3% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

0LQ Value

 Is EuroDry undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for EuroDry. This is due to cash flow or dividend data being unavailable. The share price is €7.55.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for EuroDry's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are EuroDry's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:0LQ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $-0.08
NasdaqCM:EDRY Share Price ** NasdaqCM (2019-10-11) in USD $8.2
Europe Shipping Industry PE Ratio Median Figure of 26 Publicly-Listed Shipping Companies 11.43x
Germany Market PE Ratio Median Figure of 417 Publicly-Listed Companies 19.72x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of EuroDry.

DB:0LQ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:EDRY Share Price ÷ EPS (both in USD)

= 8.2 ÷ -0.08

-102.92x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • EuroDry is loss making, we can't compare its value to the Europe Shipping industry average.
  • EuroDry is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does EuroDry's expected growth come at a high price?
Raw Data
DB:0LQ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -102.92x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
181.5%per year
Europe Shipping Industry PEG Ratio Median Figure of 14 Publicly-Listed Shipping Companies 0.79x
Germany Market PEG Ratio Median Figure of 265 Publicly-Listed Companies 1.39x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for EuroDry, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on EuroDry's assets?
Raw Data
DB:0LQ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $18.19
NasdaqCM:EDRY Share Price * NasdaqCM (2019-10-11) in USD $8.2
Europe Shipping Industry PB Ratio Median Figure of 43 Publicly-Listed Shipping Companies 0.76x
Germany Market PB Ratio Median Figure of 598 Publicly-Listed Companies 1.74x
DB:0LQ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:EDRY Share Price ÷ Book Value per Share (both in USD)

= 8.2 ÷ 18.19

0.45x

* Primary Listing of EuroDry.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • EuroDry is good value based on assets compared to the Europe Shipping industry average.
X
Value checks
We assess EuroDry's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Shipping industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Shipping industry average (and greater than 0)? (1 check)
  5. EuroDry has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

0LQ Future Performance

 How is EuroDry expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
181.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is EuroDry expected to grow at an attractive rate?
  • EuroDry's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • EuroDry's earnings growth is expected to exceed the Germany market average.
  • EuroDry's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:0LQ Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:0LQ Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 181.5%
DB:0LQ Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 10.5%
Europe Shipping Industry Earnings Growth Rate Market Cap Weighted Average 23.5%
Europe Shipping Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:0LQ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:0LQ Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 30 10 3 1
2019-12-31 26 14 -2 1
2019-10-14
DB:0LQ Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 26 13 0
2019-03-31 26 10 2
2018-12-31 25 4 1
2018-09-30 23 5 1
2018-06-30 22 3 1
2018-03-31 20 3 0
2017-12-31 19 3 1
2016-12-31 8 4 -10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • EuroDry's earnings are expected to grow significantly at over 20% yearly.
  • EuroDry's revenue is expected to grow by 10.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:0LQ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from EuroDry Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0LQ Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 1.22 2.07 0.36 2.00
2019-12-31 -0.73 0.00 -1.46 2.00
2019-10-14
DB:0LQ Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 -0.08
2019-03-31 1.07
2018-12-31 0.25
2018-09-30 0.56
2018-06-30 0.22
2018-03-31 -0.03
2017-12-31 0.38
2016-12-31 -6.21

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if EuroDry will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess EuroDry's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
EuroDry has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

0LQ Past Performance

  How has EuroDry performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare EuroDry's growth in the last year to its industry (Shipping).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • EuroDry does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare EuroDry's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare EuroDry's 1-year growth to the Europe Shipping industry average as it is not currently profitable.
Earnings and Revenue History
EuroDry's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from EuroDry Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0LQ Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 25.76 -0.18 4.20
2019-03-31 25.67 2.40 4.49
2018-12-31 24.52 0.55 4.05
2018-09-30 23.29 1.27 3.66
2018-06-30 21.83 0.51 3.17
2018-03-31 19.77 -0.06 2.39
2017-12-31 19.16 0.85 2.33
2016-12-31 7.88 -10.14 1.58

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • EuroDry has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • EuroDry used its assets less efficiently than the Europe Shipping industry average last year based on Return on Assets.
  • It is difficult to establish if EuroDry improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess EuroDry's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Shipping industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
EuroDry has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

0LQ Health

 How is EuroDry's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up EuroDry's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • EuroDry's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • EuroDry's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of EuroDry's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from EuroDry Company Filings, last reported 3 months ago.

DB:0LQ Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 56.20 59.96 4.74
2019-03-31 62.82 61.19 9.38
2018-12-31 62.30 63.36 4.38
2018-09-30 61.46 51.31 1.63
2018-06-30 59.72 53.19 0.69
2018-03-31 32.86 62.92 1.26
2017-12-31 32.86 62.92 1.26
2016-12-31 31.10 54.74 0.59
  • EuroDry's level of debt (106.7%) compared to net worth is high (greater than 40%).
  • Unable to establish if EuroDry's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making EuroDry has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making EuroDry has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -19.4% per year.
X
Financial health checks
We assess EuroDry's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. EuroDry has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

0LQ Dividends

 What is EuroDry's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from EuroDry dividends.
If you bought €2,000 of EuroDry shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate EuroDry's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate EuroDry's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:0LQ Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Shipping Industry Average Dividend Yield Market Cap Weighted Average of 23 Stocks 2.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 337 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:0LQ Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31
2019-10-14

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as EuroDry has not reported any payouts.
  • Unable to verify if EuroDry's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of EuroDry's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as EuroDry has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess EuroDry's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can EuroDry afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. EuroDry has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

0LQ Management

 What is the CEO of EuroDry's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Aristides Pittas
AGE 59
TENURE AS CEO 1.8 years
CEO Bio

Mr. Aristides J. Pittas has been the Chairman and Chief Executive Officer at Euroseas, Ltd. since May 5, 2005 and serves as its President. Mr. Pittas has been the President of Eurochart S.A., since 1997. He has more than 30 years of shipping industry experience. Mr. Pittas served as the Managing Director of Eurobulk Ltd. from January 1995 to June 2005 and served as its President since January 1995. From September 1991 to December 1994, he served as Vice President of Oceanbulk Maritime SA. From March 1990 to August 1991, Mr. Pittas served both as the Assistant to the General Manager and the Head of the Planning Department of Varnima International SA. From June 1987 to February 1990, He served as the Head of the Central Planning department of Eleusis Shipyards S.A. From January 1987 to June 1987, Mr. Pittas served as Assistant to the General Manager of Chios Navigation Shipping Company in London. From December 1985 to January 1987, he worked in the design department of Eleusis Shipyards S.A. where he focused on shipbuilding and ship repair. Mr. Pittas serves as a Director of Pyxis Tankers Inc. He has been Director of Euroseas Ltd. since May 5, 2005. Mr. Pittas has been Chairman of the Board and Chief Executive Officer at EuroDry Ltd. since January 8, 2018 and serves as its President. He has a B.Sc. Degree in Marine Engineering from the University of Newcastle - Upon-Tyne and an M.Sc in both Ocean Systems Management and Navel Architecture and Marine Engineering from the Massachusetts Institute of Technology.

CEO Compensation
  • Insufficient data for Aristides to compare compensation growth.
  • Insufficient data for Aristides to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the EuroDry management team in years:

1.4
Average Tenure
59
Average Age
  • The average tenure for the EuroDry management team is less than 2 years, this suggests a new team.
Management Team

Aristides Pittas

TITLE
Chairman
AGE
59
TENURE
1.8 yrs

Tasos Aslidis

TITLE
CFO, Treasurer & Director
AGE
59
TENURE
1.4 yrs

Symeon Pariaros

TITLE
Chief Administrative Officer

Stephania Karmiri

TITLE
Secretary
AGE
51
TENURE
1.4 yrs
Board of Directors Tenure

Average tenure and age of the EuroDry board of directors in years:

1.4
Average Tenure
59
Average Age
  • The average tenure for the EuroDry board of directors is less than 3 years, this suggests a new board.
Board of Directors

Aristides Pittas

TITLE
Chairman
AGE
59
TENURE
1.8 yrs

Aristides Pittas

TITLE
Vice Chairman
AGE
67
TENURE
1.8 yrs

Tasos Aslidis

TITLE
CFO, Treasurer & Director
AGE
59
TENURE
1.4 yrs

Panos Kyriakopoulos

TITLE
Director
AGE
58
TENURE
1.4 yrs

George Taniskidis

TITLE
Director
AGE
58
TENURE
1.4 yrs

Apostolos Tamvakakis

TITLE
Director
AGE
61
TENURE
1.4 yrs

Christian Donohue

TITLE
Director
TENURE
1.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
03. May 19 Buy Family United Navigation Co. Company 20. Dec 18 10. Apr 19 47,163 €7.98 €352,595
19. Dec 18 Buy Friends Dry Investment Company Inc. Company 07. Dec 18 17. Dec 18 12,000 €7.98 €92,857
19. Dec 18 Buy Friends Investment Company Inc. Company 03. Dec 18 06. Dec 18 21,930 €7.91 €169,752
19. Dec 18 Buy Family United Navigation Co. Company 20. Nov 18 12. Dec 18 44,225 €8.76 €362,715
X
Management checks
We assess EuroDry's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. EuroDry has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

0LQ News

Simply Wall St News

0LQ Company Info

Description

EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks comprising bauxite, phosphate, and fertilizers. As of April 1, 2019, it operated a fleet of seven drybulk vessels, including one Ultramax, two Kamsarmax, and four Panamax drybulk carriers with a cargo capacity of 528,931 deadweight tons. The company was founded in 2018 and is based in Maroussi, Greece.

Details
Name: EuroDry Ltd.
0LQ
Exchange: DB
Founded: 2018
$16,919,286
2,279,920
Website: http://www.eurodry.gr
Address: EuroDry Ltd.
4 Messogiou & Evropis Street,
Maroussi,
151 24,
Greece
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM EDRY Common Stock Nasdaq Capital Market US USD 31. May 2018
DB 0LQ Common Stock Deutsche Boerse AG DE EUR 31. May 2018
Number of employees
Current staff
Staff numbers
0
EuroDry employees.
Industry
Marine
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/14 00:42
End of day share price update: 2019/10/11 00:00
Last estimates confirmation: 2019/09/26
Last earnings filing: 2019/08/08
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.