United Maritime Corporation‘s hashtag4Q24 & hashtagFY2024 highlights:
▪ Declared the 9th quarterly hashtagdividend ($0.01/share for 4Q24)
▪ Net Revenues 4Q24 & FY2024: $10.8mil & $45.4mil
▪ Adjusted EBITDA 4Q24 & FY2024: $5.1mil & $20.3mil
▪ Acquisition of the 2016-built hashtagKamsarmax / Sale of the fleet’s oldest 2004-built hashtagCapesize vessel
▪ Secured a total of $48.3mil in financing during 2024, including the successful exercise of purchase options for two hashtagPanamax vessels
hashtagUnitedMaritime is well-positioned to benefit from strong dry bulk market trends with:
▪ Index-linked time charters for direct Capesize and Panamax market exposure
▪ A healthy balance sheet
▪ A proven track record of high shareholder returns and dividends
