)
Castor Maritime (CTRM) investor relations material
Castor Maritime Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Second quarter 2025 vessel revenues fell 37.4% year-over-year to $10.2 million, with net income dropping 72.5% to $6.3 million and adjusted net income at $2.0 million.
For the first half of 2025, total vessel revenues declined 41.4% to $21.5 million, with a net loss of $17.0 million versus a $45.2 million profit a year earlier.
Management attributes declines to fewer operating days due to vessel sales and lower charter rates, but remains confident in long-term sector fundamentals.
Financial highlights
Q2 2025 EBITDA was $10.7 million, down from $26.5 million in Q2 2024; adjusted EBITDA was $6.4 million, down from $25.2 million.
Six-month EBITDA was negative $7.6 million, compared to $53.3 million in 2024; adjusted EBITDA was $16.3 million, down from $42.1 million.
Basic EPS for Q2 2025 was $0.34, down from $2.29; for the half-year, basic EPS was $(1.84) versus $4.52.
Cash as of June 30, 2025 was $44.8 million, down from $87.9 million at year-end 2024.
Outlook and guidance
Management expects near-term market conditions to remain challenging but is optimistic about long-term fundamentals and value creation through disciplined capital deployment and fleet renewal.
Next Castor Maritime earnings date
Next Castor Maritime earnings date
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage