Welcome to our dedicated page for Globus Maritime SEC filings (Ticker: GLBS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Globus Maritime Limited (NASDAQ: GLBS) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as a foreign private issuer in the dry bulk shipping sector. Globus files an annual report on Form 20-F with the U.S. Securities and Exchange Commission and supplements this with periodic reports on Form 6-K that include financial results, management’s discussion and analysis and other material information.
In its filings, Globus presents detailed consolidated financial statements prepared under IFRS, along with notes describing its accounting policies and business structure. The company explains that its principal business is the ownership and operation of a fleet of dry bulk motor vessels, and it outlines how revenues are generated from time charters, including the separation of lease and non-lease components under IFRS 16 and IFRS 15. Filings also describe key non-IFRS or non-GAAP measures such as daily time charter equivalent (TCE) rates and Adjusted EBITDA, with reconciliations to the most directly comparable IFRS measures.
Form 6-K submissions often attach press releases reporting quarterly and half-year results, as well as management’s discussion and analysis of financial condition and results of operations. These documents discuss trends in revenue, voyage expenses, vessel operating expenses, general and administrative costs, depreciation, gains or losses on derivative financial instruments, and gains or losses on sale of vessels. They also provide information on fleet size, ownership days, available days, operating days, fleet utilization and financing arrangements, including loan facilities and sale and bareboat back agreements.
Globus’ filings further cover corporate actions and governance matters, such as notices and results of annual meetings of shareholders and the incorporation by reference of certain Form 6-K reports into its shelf registration statements on Form F-3. As a foreign private issuer, the company’s SEC reports are a primary source for understanding its capital structure, debt profile, vessel-owning subsidiaries and the role of Globus Shipmanagement Corp. as manager of the fleet.
On Stock Titan, users can review these SEC filings as they are made available through EDGAR and use AI-powered summaries to interpret lengthy documents such as the Form 20-F, interim financial statements and attached exhibits. This helps readers quickly identify how Globus describes its revenue recognition, chartering arrangements, non-IFRS metrics, financing activities and risk factors, while still having access to the full underlying filings for detailed analysis.
Globus Maritime Limited reported interim results showing modest revenue growth but weaker profitability. Voyage revenues rose to $18,157 thousand from $17,047 thousand year-over-year, and the company recognized a $2,137 thousand gain on the sale of the 2007-built River Globe delivered March 17, 2025. EBITDA was $7,264 thousand versus $8,455 thousand in the prior period, and Adjusted EBITDA was $5,218 thousand versus $5,974 thousand.
Higher vessel operating expenses, increased depreciation and finance costs contributed to a consolidated net loss per share of $0.16 for the period versus diluted earnings per share of $0.14 in the prior period. The company took delivery of two Kamsarmax vessels (m/v GLBS Angel and m/v GLBS Gigi) financed largely with available cash and sellers' credit reported in current liabilities. Restricted cash and cash balances were reported (approximately $48.3 million combined). Management prepaid $1,879 thousand of a loan to facilitate the River Globe sale.
Armistice Capital, LLC and Steven Boyd report beneficial ownership of 2,284,381 shares of Globus Maritime Ltd, representing 9.99% of the company's common stock. The Schedule 13G/A discloses that Armistice Capital, as investment manager of Armistice Capital Master Fund Ltd., and Mr. Boyd, as the managing member, hold shared voting and dispositive power over these shares and report no sole voting or dispositive power. The filing states the Master Fund is the direct holder and disclaims direct beneficial ownership due to the Investment Management Agreement, and includes a certification the shares are held in the ordinary course of business and not to change or influence control of the issuer.
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