S&P 500 7,419.02 â–ŧ 92.33 (-1.23%) DOW 51,473.85 â–ŧ 525.82 (-1.01%) NASDAQ 26,019.46 â–ŧ 356.89 (-1.35%) US Markets Closed â€ĸ 04:19 PM ET

USEA

United Maritime Corporation

Price Chart
Latest Quote

$2.65

-0.03 (-1.12%)
Current Price
Previous Close $2.68
Open $2.68
Day High $2.68
Day Low $2.63
Volume 33,318
Fetched: 2026-06-17T20:19:38
Stock Information
Shares Outstanding 9.54M
Total Debt $89.72M
Cash Equivalents $10.13M
Revenue $37.98M
Net Income $-1.84M
Sector Industrials
Industry Marine Shipping
Market Cap $25.28M
EPS (TTM) $-0.19
Exchange NCM
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📊 Comprehensive Analysis
Company Data
Enterprise Value$103.55M
Sales$37.98M
Income$-1.84M
Book/sh$6.22
Cash/sh$1.06
Employees6
Financial Ratios
Debt/Eq161.51
Returns & Margins
ROA1.25%
ROE-3.36%
Gross Margin42.86%
Operating Margin12.16%
Profit Margin-4.85%
Ownership
Insider Ownership23.07%
Institutional Ownership6.69%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E-265.00
P/S0.67
P/B0.43
Analyst Data
Recommendationnone
Target Price$4.00
Technical Indicators
SMA20$2.55
SMA50$2.32
SMA200$1.84
RSI53.97
ATR0.0880
Shares Float6.73M
Short Float9.96%
Short Ratio11.38
Volatility0.73
Rel Volume0.45
Performance History
Week+2.32%
Month+16.74%
Quarter+36.12%
6 Months+57.44%
YTD+56.88%
Year+88.07%
3 Years+36.30%
10 Years+76.41%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-17 $2.65 33,318
2026-06-16 $2.68 71,600
2026-06-15 $2.70 186,200
2026-06-12 $2.63 44,400
2026-06-11 $2.61 53,200
2026-06-10 $2.59 24,700
2026-06-09 $2.59 43,300
2026-06-08 $2.49 43,500
2026-06-05 $2.47 13,700
2026-06-04 $2.55 19,200
2026-06-03 $2.60 52,100
2026-06-02 $2.59 50,700
2026-06-01 $2.49 141,700
2026-05-29 $2.59 44,600
2026-05-28 $2.60 95,300
2026-05-27 $2.59 199,600
2026-05-26 $2.47 125,200
2026-05-22 $2.36 45,500
2026-05-21 $2.36 104,500
2026-05-20 $2.38 74,600
2026-05-19 $2.30 31,300
2026-05-18 $2.27 50,000
Period:
Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $31,537,000 $34,946,000 $32,808,000 $12,327,000
Cost Of Revenue $31,537,000 $34,946,000 $32,808,000 $12,327,000
Total Revenue $37,785,000 $45,439,000 $36,067,000 $22,784,000
Operating Revenue $37,785,000 $45,439,000 $36,067,000 $22,784,000
Expenses
Interest Expense $5,824,000 $7,417,000 $6,342,000 $2,045,000
Total Expenses $37,871,000 $41,219,000 $40,792,000 $18,377,000
Other Income Expense $75,000 $499,000 $11,699,000 $35,522,000
Other Non Operating Income Expenses $151,000 $311,000 $112,000 $26,000
Net Non Operating Interest Income Expense $-6,203,000 $-8,102,000 $-6,753,000 $-2,439,000
Total Other Finance Cost $597,000 $999,000 $841,000 $407,000
Interest Expense Non Operating $5,824,000 $7,417,000 $6,342,000 $2,045,000
Operating Expense $6,334,000 $6,273,000 $7,984,000 $6,050,000
Other Operating Expenses $2,028,000 $2,263,000 $1,966,000 $526,000
General And Administrative Expense $4,306,000 $4,010,000 $6,018,000 $5,524,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-6,188,000 $-3,383,000 $221,000 $37,490,000
Net Interest Income $-6,203,000 $-8,102,000 $-6,753,000 $-2,439,000
Interest Income $218,000 $314,000 $430,000 $13,000
Normalized Income $-6,198,000 $-3,713,000 $-8,816,860 $9,803,120
Net Income From Continuing And Discontinued Operation $-6,188,000 $-3,383,000 $221,000 $37,490,000
Total Operating Income As Reported $-455,000 $4,818,000 $7,079,000 $40,502,000
Net Income Common Stockholders $-6,188,000 $-3,383,000 $126,000 $35,086,000
Net Income $-6,188,000 $-3,383,000 $221,000 $37,490,000
Net Income Including Noncontrolling Interests $-6,214,000 $-3,383,000 $221,000 $37,490,000
Net Income Continuous Operations $-6,214,000 $-3,383,000 $221,000 $37,490,000
Pretax Income $-6,214,000 $-3,383,000 $221,000 $37,490,000
Special Income Charges $259,000 $201,000 $11,719,000 $35,502,000
Earnings From Equity Interest $-86,000 $-142,000 $0 $0
Interest Income Non Operating $218,000 $314,000 $430,000 $13,000
Operating Income $-86,000 $4,220,000 $-4,725,000 $4,407,000
Gross Profit $6,248,000 $10,493,000 $3,259,000 $10,457,000
Depreciation Amortization Depletion Income Statement - - - -
Depreciation And Amortization In Income Statement - - - -
Depreciation Income Statement - - - -
Per Share
Diluted EPS $-0.70 $-0.39 $0.02 $4.92
Basic EPS $-0.70 $-0.39 $0.02 $7.79
Other
Tax Effect Of Unusual Items $0 $0 $2,549,140 $7,809,120
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $7,421,000 $13,417,000 $4,054,000 $5,942,000
Total Unusual Items $10,000 $330,000 $11,587,000 $35,496,000
Total Unusual Items Excluding Goodwill $10,000 $330,000 $11,587,000 $35,496,000
Reconciled Depreciation $7,821,000 $9,713,000 $9,078,000 $1,903,000
EBITDA (Bullshit earnings) $7,431,000 $13,747,000 $15,641,000 $41,438,000
EBIT $-390,000 $4,034,000 $6,563,000 $39,535,000
Diluted Average Shares $8,866,523 $8,790,686 $8,359,487 $7,299,561
Basic Average Shares $8,866,523 $8,711,951 $8,359,487 $4,503,397
Diluted NI Availto Com Stockholders $-6,188,000 $-3,383,000 $126,000 $35,086,000
Otherunder Preferred Stock Dividend $0 $0 $95,000 $1,661,000
Minority Interests $26,000 $0 $0 -
Gain On Sale Of Ppe $1,773,000 $1,426,000 $11,804,000 $36,095,000
Other Special Charges $640,000 $397,000 $85,000 $593,000
Impairment Of Capital Assets $2,142,000 $828,000 $0 $0
Restructuring And Mergern Acquisition $-1,268,000 $0 $0 -
Gain On Sale Of Security $-249,000 $129,000 $-132,000 $-6,000
Selling General And Administration $4,306,000 $4,010,000 $6,018,000 $5,524,000
Other Gand A $4,306,000 $4,010,000 $6,018,000 $5,524,000
Preferred Stock Dividends - - - $743,000
Fetched: 2026-06-14
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $52,916,000 $60,088,000 $65,869,000 $64,568,000
Total Assets $138,681,000 $172,073,000 $174,805,000 $125,655,000
Total Non Current Assets $105,590,000 $147,590,000 $155,715,000 $65,841,000
Other Non Current Assets $24,232,000 $350,000 $700,000 $15,200,000
Non Current Prepaid Assets $1,445,000 $1,155,000 $0 -
Non Current Deferred Assets $1,597,000 $4,348,000 $2,490,000 $441,000
Current Assets $33,091,000 $24,483,000 $19,090,000 $59,814,000
Other Current Assets $1,200,000 $503,000 $3,685,000 $3,207,000
Assets Held For Sale Current $14,744,000 $14,880,000 $0 -
Restricted Cash $400,000 $0 - -
Prepaid Assets $413,000 $601,000 $546,000 $989,000
Inventory $363,000 $650,000 $664,000 $107,000
Receivables $1,807,000 $1,437,000 $394,000 $779,000
Accounts Receivable $1,421,000 $1,437,000 $252,000 $779,000
Cash Cash Equivalents And Short Term Investments $14,164,000 $6,412,000 $13,801,000 $54,732,000
Cash And Cash Equivalents $14,164,000 $6,412,000 $13,801,000 $54,732,000
Debt
Net Debt $33,737,000 $72,341,000 $50,733,000 -
Total Debt $64,839,000 $97,723,000 $95,954,000 $42,606,000
Long Term Debt And Capital Lease Obligation $33,574,000 $78,041,000 $55,843,000 $35,133,000
Long Term Debt $33,574,000 $61,103,000 $55,843,000 $35,133,000
Current Debt And Capital Lease Obligation $31,265,000 $19,682,000 $40,111,000 $7,473,000
Current Debt $14,327,000 $17,650,000 $8,691,000 $7,473,000
Other Current Borrowings $14,327,000 $17,650,000 $8,691,000 $7,473,000
Liabilities
Total Liabilities Net Minority Interest $82,215,000 $111,985,000 $108,936,000 $61,087,000
Total Non Current Liabilities Net Minority Interest $33,574,000 $78,469,000 $55,843,000 $35,872,000
Other Non Current Liabilities $17,376,000 $428,000 - $739,000
Current Liabilities $48,641,000 $33,516,000 $53,093,000 $25,215,000
Current Deferred Liabilities $593,000 $1,395,000 $527,000 $1,027,000
Payables And Accrued Expenses $16,783,000 $12,439,000 $12,455,000 $16,715,000
Payables $12,708,000 $9,757,000 $4,410,000 $11,220,000
Dividends Payable $818,000 $663,000 $652,000 $7,373,000
Accounts Payable $2,404,000 $1,823,000 $3,308,000 $3,018,000
Equity
Common Stock Equity $52,915,000 $60,088,000 $65,869,000 $64,568,000
Preferred Stock Equity $1,000 - - -
Total Equity Gross Minority Interest $56,466,000 $60,088,000 $65,869,000 $64,568,000
Stockholders Equity $52,916,000 $60,088,000 $65,869,000 $64,568,000
Gains Losses Not Affecting Retained Earnings $7,000 $-4,000 $0 -
Other Equity Adjustments $7,000 $-4,000 - -
Retained Earnings $13,453,000 $20,915,000 $26,952,000 $29,374,000
Long Term Equity Investment $17,407,000 $3,588,000 $0 -
Other
Ordinary Shares Number $9,083,645 $8,844,267 $8,694,630 $8,180,243
Share Issued $9,083,645 $8,844,267 $8,694,630 $8,180,243
Tangible Book Value $52,915,000 $60,088,000 $65,869,000 $64,568,000
Invested Capital $100,816,000 $138,841,000 $130,403,000 $72,041,000
Working Capital $-15,550,000 $-9,033,000 $-34,003,000 $34,599,000
Capital Lease Obligations $16,938,000 $18,970,000 $31,420,000 $0
Total Capitalization $86,490,000 $121,191,000 $121,712,000 $64,568,000
Minority Interest $3,550,000 $0 - -
Additional Paid In Capital $39,455,000 $39,176,000 $38,916,000 $35,193,000
Capital Stock $1,000 $1,000 $1,000 $1,000
Common Stock $0 $1,000 $1,000 $1,000
Preferred Stock $1,000 $0 $0 $0
Long Term Capital Lease Obligation $0 $16,938,000 $0 -
Current Deferred Revenue $593,000 $1,395,000 $527,000 $1,027,000
Current Capital Lease Obligation $16,938,000 $2,032,000 $31,420,000 $0
Current Accrued Expenses $4,075,000 $2,682,000 $8,045,000 $5,495,000
Dueto Related Parties Current $9,486,000 $7,271,000 $450,000 $829,000
Investments And Advances $17,407,000 $3,588,000 $0 -
Net PPE $85,141,000 $138,149,000 $152,525,000 $50,200,000
Accumulated Depreciation $-6,206,000 $-9,954,000 $-7,556,000 $-1,257,000
Gross PPE $91,347,000 $148,103,000 $160,081,000 $51,457,000
Duefrom Related Parties Current $386,000 $0 $142,000 $0
Construction In Progress - - $0 $12,688,000
Other Properties - - $47,706,000 -
Machinery Furniture Equipment - - - $51,457,000
Fetched: 2026-06-14
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $1,455,000 $3,015,000 $-87,976,000 $-85,645,000
Operating Activities
Operating Cash Flow $2,212,000 $3,264,000 $-6,228,000 $7,875,000
Cash Flow From Continuing Operating Activities $2,212,000 $3,264,000 $-6,228,000 $7,875,000
Operating Gains Losses $-2,643,000 $-1,133,000 $-11,736,000 $-35,502,000
Investing Activities
Capital Expenditure $-757,000 $-249,000 $-81,748,000 $-93,520,000
Investing Cash Flow $40,431,000 $7,949,000 $-59,138,000 $6,488,000
Cash Flow From Continuing Investing Activities $40,431,000 $7,949,000 $-59,138,000 $6,488,000
Net Other Investing Changes - $-8,288,000 $-14,890,000 -
Financing Activities
Repurchase Of Capital Stock $-204,000 $-469,000 $-673,000 $-16,503,000
Issuance Of Capital Stock $0 $0 $1,883,000 $34,974,000
Financing Cash Flow $-34,841,000 $-18,952,000 $9,935,000 $55,569,000
Cash Flow From Continuing Financing Activities $-34,841,000 $-18,952,000 $9,935,000 $55,569,000
Net Other Financing Charges $221,000 $2,794,000 $-1,801,000 $-909,000
Cash Dividends Paid $-1,119,000 $-2,643,000 $-9,364,000 $-243,000
Common Stock Dividend Paid $-1,119,000 $-2,643,000 $-9,364,000 $0
Net Common Stock Issuance $-204,000 $-469,000 $1,210,000 $18,971,000
Common Stock Issuance $0 $0 $1,883,000 $24,974,000
Preferred Stock Dividend Paid - $0 $0 $-243,000
Net Preferred Stock Issuance - $0 $0 $-500,000
Preferred Stock Issuance - $0 $0 $10,000,000
Other
Repayment Of Debt $-35,739,000 $-65,779,000 $-34,610,000 $-34,750,000
Issuance Of Debt $2,000,000 $47,145,000 $54,500,000 $73,000,000
Interest Paid Supplemental Data $5,946,000 $7,599,000 $6,335,000 $1,741,000
End Cash Position $14,564,000 $6,762,000 $14,501,000 $69,932,000
Beginning Cash Position $6,762,000 $14,501,000 $69,932,000 $0
Changes In Cash $7,802,000 $-7,739,000 $-55,431,000 $69,932,000
Common Stock Payments $-204,000 $-469,000 $-673,000 $-6,003,000
Net Issuance Payments Of Debt $-33,739,000 $-18,634,000 $19,890,000 $38,250,000
Net Long Term Debt Issuance $-33,739,000 $-18,634,000 $19,890,000 $38,250,000
Long Term Debt Payments $-35,739,000 $-65,779,000 $-34,610,000 $-34,750,000
Long Term Debt Issuance $2,000,000 $47,145,000 $54,500,000 $73,000,000
Net Investment Purchase And Sale $-290,000 $0 $0 -
Purchase Of Investment $-290,000 $0 $0 -
Net Business Purchase And Sale $-9,022,000 $-3,734,000 $0 $0
Purchase Of Business $-4,151,000 $0 $0 -
Net PPE Purchase And Sale $49,743,000 $19,971,000 $-44,248,000 $6,488,000
Sale Of PPE $50,500,000 $20,220,000 $37,500,000 $100,008,000
Purchase Of PPE $-757,000 $-249,000 $-81,748,000 $-93,520,000
Change In Working Capital $-3,074,000 $-7,984,000 $-7,379,000 $681,000
Change In Other Working Capital $-2,743,000 $-5,712,000 $-6,019,000 $969,000
Change In Other Current Assets $-518,000 $3,182,000 $-478,000 $-3,207,000
Change In Payables And Accrued Expense $-330,000 $-4,274,000 $-1,179,000 $4,612,000
Change In Accrued Expense $-50,000 $-4,979,000 $1,142,000 $6,804,000
Change In Payable $-280,000 $705,000 $-2,321,000 $-2,192,000
Change In Account Payable $-1,687,000 $-1,762,000 $-1,566,000 $-2,787,000
Change In Prepaid Assets $188,000 $-55,000 $443,000 $-990,000
Change In Inventory $313,000 $-82,000 $-531,000 $87,000
Change In Receivables $16,000 $-1,043,000 $385,000 $-660,000
Changes In Account Receivables $16,000 $-1,185,000 $527,000 $-660,000
Other Non Cash Items $3,697,000 $4,444,000 $1,066,000 $514,000
Stock Based Compensation $483,000 $779,000 $2,522,000 $2,789,000
Asset Impairment Charge $2,142,000 $828,000 $0 $0
Depreciation Amortization Depletion $7,821,000 $9,713,000 $9,078,000 $1,903,000
Depreciation And Amortization $7,821,000 $9,713,000 $9,078,000 $1,903,000
Depreciation $7,821,000 $9,713,000 $9,078,000 $1,903,000
Earnings Losses From Equity Investments $86,000 $142,000 $0 $0
Gain Loss On Sale Of PPE $-1,773,000 $-1,426,000 $-11,804,000 $-36,095,000
Gain Loss On Sale Of Business $-1,268,000 $0 $0 -
Net Income From Continuing Operations $-6,214,000 $-3,383,000 $221,000 $37,490,000
Preferred Stock Payments - $0 $0 $-10,500,000
Change In Other Current Liabilities - $0 $0 $-130,000
Fetched: 2026-06-14