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Side-by-side financial comparison of Ellington Credit Co (EARN) and GLOBUS MARITIME LTD (GLBS). Click either name above to swap in a different company.

GLOBUS MARITIME LTD is the larger business by last-quarter revenue ($9.5M vs $6.1M, roughly 1.6× Ellington Credit Co). GLOBUS MARITIME LTD runs the higher net margin — -19.6% vs -32.6%, a 13.1% gap on every dollar of revenue. On growth, Ellington Credit Co posted the faster year-over-year revenue change (1528.9% vs 0.2%).

Ellington Management Group is an American hedge fund firm. As of June 2019, the firm was reportedly managing $8.5 billion in structured products and other credit instruments.

Globus Maritime Ltd is a global shipping enterprise specializing in ownership, operation and chartering of dry bulk cargo vessels. It transports iron ore, coal, grain and other industrial raw materials across major global trade routes, serving clients in logistics, commodities trading and manufacturing sectors worldwide.

EARN vs GLBS — Head-to-Head

Bigger by revenue
GLBS
GLBS
1.6× larger
GLBS
$9.5M
$6.1M
EARN
Growing faster (revenue YoY)
EARN
EARN
+1528.7% gap
EARN
1528.9%
0.2%
GLBS
Higher net margin
GLBS
GLBS
13.1% more per $
GLBS
-19.6%
-32.6%
EARN

Income Statement — Q3 FY2025 vs Q2 FY2025

Metric
EARN
EARN
GLBS
GLBS
Revenue
$6.1M
$9.5M
Net Profit
$-2.0M
$-1.9M
Gross Margin
Operating Margin
-35.6%
-4.3%
Net Margin
-32.6%
-19.6%
Revenue YoY
1528.9%
0.2%
Net Profit YoY
-116.1%
-157.0%
EPS (diluted)
$-0.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EARN
EARN
GLBS
GLBS
Q2 25
$9.5M
Q4 24
$6.1M
Q3 24
$4.8M
Q2 24
$3.9M
$9.5M
Q2 23
$7.8M
Q1 23
$-372.0K
Q4 22
$2.5M
Q3 22
$5.2M
Net Profit
EARN
EARN
GLBS
GLBS
Q2 25
$-1.9M
Q4 24
$-2.0M
Q3 24
$5.4M
Q2 24
$-815.0K
$3.3M
Q2 23
$-1.2M
Q1 23
$2.3M
Q4 22
$11.7M
Q3 22
$-13.7M
Operating Margin
EARN
EARN
GLBS
GLBS
Q2 25
-4.3%
Q4 24
-35.6%
Q3 24
Q2 24
-22.8%
39.2%
Q2 23
-17.2%
Q1 23
Q4 22
Q3 22
Net Margin
EARN
EARN
GLBS
GLBS
Q2 25
-19.6%
Q4 24
-32.6%
Q3 24
114.6%
Q2 24
-20.9%
34.5%
Q2 23
-14.8%
Q1 23
-628.2%
Q4 22
476.7%
Q3 22
-263.5%
EPS (diluted)
EARN
EARN
GLBS
GLBS
Q2 25
$-0.09
Q4 24
Q3 24
Q2 24
$0.16
Q2 23
$-0.06
Q1 23
Q4 22
Q3 22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EARN
EARN
GLBS
GLBS
Cash + ST InvestmentsLiquidity on hand
$31.8M
$48.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$193.7M
$173.1M
Total Assets
$824.1M
$309.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EARN
EARN
GLBS
GLBS
Q2 25
$48.3M
Q4 24
$31.8M
Q3 24
$25.7M
Q2 24
$118.8M
$70.8M
Q2 23
$53.2M
Q1 23
$36.7M
Q4 22
$34.8M
Q3 22
$25.4M
Stockholders' Equity
EARN
EARN
GLBS
GLBS
Q2 25
$173.1M
Q4 24
$193.7M
Q3 24
$191.6M
Q2 24
$146.1M
$178.9M
Q2 23
$172.1M
Q1 23
$115.0M
Q4 22
$112.4M
Q3 22
$103.0M
Total Assets
EARN
EARN
GLBS
GLBS
Q2 25
$309.4M
Q4 24
$824.1M
Q3 24
$752.3M
Q2 24
$933.5M
$256.3M
Q2 23
$217.3M
Q1 23
$1.1B
Q4 22
$1.1B
Q3 22
$1.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EARN
EARN
GLBS
GLBS
Operating Cash FlowLast quarter
$4.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EARN
EARN
GLBS
GLBS
Q2 25
Q4 24
$4.4M
Q3 24
$3.2M
Q2 24
$2.7M
Q2 23
Q1 23
$-2.4M
Q4 22
$4.2M
Q3 22
$4.2M
Cash Conversion
EARN
EARN
GLBS
GLBS
Q2 25
Q4 24
Q3 24
0.60×
Q2 24
Q2 23
Q1 23
-1.02×
Q4 22
0.36×
Q3 22

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EARN
EARN

Segment breakdown not available.

GLBS
GLBS

Other$4.8M51%
Property Plant And Equipment Subject To Operating Leases$4.7M49%

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