EuroDry (EDRY) financial statements
Net income was -$4M.
The diluted share count rose 69% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from EuroDry's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $26M | $29M | $24M | $69M | $75M | — | — | — |
| Cost of revenue | $82,627 | $2M | $410,676 | — | — | — | — | — | — | — |
| Gross profit | — | — | $26M | — | — | — | — | — | — | — |
| Selling, general and admin | $798,828 | $917,160 | $2M | $2M | $2M | $3M | $3M | $3M | $3M | $3M |
| Operating income | -$9M | $3M | $4M | $3M | -$3M | $39M | $34M | $1M | -$6M | $3M |
| Interest expense | $689,726 | $2M | $3M | $3M | $2M | $2M | $4M | $6M | $8M | $7M |
| Net income | -$10M | $849,701 | $1M | $16,497 | -$6M | $31M | $34M | -$3M | -$13M | -$4M |
| EPS (diluted) | -$6.21 | $0.38 | $0.25 | -$0.85 | -$3.28 | $11.54 | $11.61 | -$1.05 | -$4.62 | -$1.55 |
| Diluted shares | 2M | 2M | 2M | 2M | 2M | 3M | 3M | 3M | 3M | 3M |
| Gross margin | — | — | 98.4% | — | — | — | — | — | — | — |
| Operating margin | — | — | 15.4% | 10.4% | -11.6% | 56.8% | 45.8% | — | — | — |
| Net margin | — | — | 4.3% | 0.1% | -24.9% | 45.5% | 45.0% | — | — | — |
Balance sheet
Fiscal years, from EuroDry's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $591,108 | $1M | $4M | $5M | $938,282 | $27M | $34M | $8M | $7M | $20M |
| Receivables | — | $593,787 | $2M | $2M | $2M | $775,035 | $7M | $7M | $8M | $3M |
| Inventory | — | $452,191 | $566,947 | $508,711 | $1M | $770,342 | $1M | $4M | $2M | $1M |
| Total current assets | — | $8M | $14M | $10M | $6M | $30M | $48M | $24M | $23M | $29M |
| Property, plant and equipment | — | $82M | $111M | $105M | $99M | $128M | $149M | $204M | $185M | $166M |
| Total assets | — | $97M | $128M | $118M | $108M | $161M | $200M | $231M | $220M | $212M |
| Total current liabilities | — | $10M | $9M | $11M | $19M | $18M | $27M | $25M | $19M | $19M |
| Long-term debt | — | $30M | $56M | $50M | $37M | $65M | $58M | $86M | $95M | $91M |
| Total liabilities | — | $65M | $65M | $61M | $57M | $82M | $86M | $112M | $114M | $110M |
| Shareholders' equity | $31M | $33M | $44M | $42M | $35M | $79M | $114M | $110M | $97M | $93M |
| Net debt | -$591,108 | $37M | $59M | $51M | $50M | $52M | $47M | $96M | $100M | $83M |
Cash flow
Fiscal years, from EuroDry's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $4M | $3M | $4M | $15M | $2M | $39M | $33M | $12M | $5M | $13M |
| Capital spending | $24M | $10M | $29M | $1M | $611,106 | $37M | — | — | — | — |
| Free cash flow | -$20M | -$7M | -$25M | $14M | $2M | $2M | — | — | — | — |
| Stock-based compensation | — | $0 | $137,517 | $184,799 | $245,922 | $230,644 | $788,725 | $797,984 | $954,087 | $801,243 |
| Share buybacks (net) | — | — | — | — | $0 | $0 | -$2M | -$2M | -$1M | $0 |
| Net borrowing | $11M | $9M | $25M | -$7M | -$6M | — | — | — | — | — |
| Free cash flow margin | — | — | -96.7% | 48.6% | 7.3% | 3.4% | — | — | — | — |
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Open EDRY in InvestinglyFrom EuroDry's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.