)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Okeanis Eco Tankers (OET) investor relations material
Okeanis Eco Tankers Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary13 Nov, 2025
Executive summary
Q3 2025 revenue rose to $90.6M from $84.9M in Q3 2024, with profit increasing to $24.1M from $14.5M year-over-year; adjusted EBITDA was $45.2M and adjusted EPS was $0.77.
Declared a $0.75 per share dividend for Q3 2025, marking the 14th consecutive distribution and distributing 100% of reported EPS for the quarter; total distributions over the last four quarters reached $2.12 per share, about 90% of earnings.
Since IPO in 2018, distributed $435 million in dividends, 1.8x initial market cap.
Announced exercise of purchase options for VLCCs Nissos Rhenia and Nissos Despotiko, expected to close in Q2 2026.
Financial highlights
Q3 2025 Adjusted EBITDA was $45.2M, up from $37.9M in Q3 2024; 9M 2025 Adjusted EBITDA was $124.9M.
Q3 2025 Adjusted net profit was $24.7M, up from $14.5M YoY; 9M 2025 net income was $63.5M.
Cash and restricted cash stood at $58.2M as of September 30, 2025; total debt decreased to $616.6M from $645.6M at year-end 2024.
Book leverage was 57% as of September 30, 2025, down from 59% at year-end 2024.
Outlook and guidance
In Q4 2025 to date, 80% of VLCC spot days booked at $88,100/day and 48% of Suezmax spot days at $60,800/day, with a fleet-wide average of $80,700/day on fixed days.
Guidance outperformance on fixed days stands at 37% for VLCCs and 33% for Suezmaxes compared to peers.
Utilization is at 93%, the highest in three years, with potential for 95-96% in Q1.
Optimistic for a strong Q4, supported by robust market conditions, increased tonne-miles, and OPEC+ output increases.
Discuss Q4 TCE rates and market drivers
Rationale for VLCC repurchase options
Drivers of reduced interest and finance costs
Explain Q4 2025 TCE rate increase drivers
Drivers for Q3 2025 debt reduction
Acquisition criteria for fleet expansion
Impact of dark fleet growth on compliant fleet values?
Key drivers of OET's consistent TCE outperformance?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Okeanis Eco Tankers earnings date
Q4 202519 Feb, 2026
Next Okeanis Eco Tankers earnings date
Q4 202519 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, 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.
)
Leroy DaleyApp Store
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.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
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.
Leroy DaleyApp Store
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.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Okeanis Eco Tankers Corp. is a shipping company that owns and operates product tanker vessels, serving international customers on an impartial and confidential basis. Since its launch in February 2017, the Company has made strategic investments in the oil tanker market, acquiring high-quality MR (Medium-Range) vessels, through market expertise and experience. The company was incorporated in 2018 and is based in Piraeus, Greece.
Quartr provides global coverage of all investor relation material from public companies.
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.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage