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Side-by-side financial comparison of GLOBUS MARITIME LTD (GLBS) and IMMUCELL CORP (ICCC). Click either name above to swap in a different company.

GLOBUS MARITIME LTD is the larger business by last-quarter revenue ($9.5M vs $5.5M, roughly 1.7× IMMUCELL CORP). IMMUCELL CORP runs the higher net margin — -2.5% vs -19.6%, a 17.0% gap on every dollar of revenue. On growth, GLOBUS MARITIME LTD posted the faster year-over-year revenue change (0.2% vs -8.4%).

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.

ImmuCell Corp is a US-based animal health biotechnology company that develops, manufactures and markets innovative products for livestock, primarily dairy cattle. Its core offerings include preventive and therapeutic solutions for common bovine health issues such as mastitis, serving agricultural producers and veterinary providers across North America.

GLBS vs ICCC — Head-to-Head

Bigger by revenue
GLBS
GLBS
1.7× larger
GLBS
$9.5M
$5.5M
ICCC
Growing faster (revenue YoY)
GLBS
GLBS
+8.6% gap
GLBS
0.2%
-8.4%
ICCC
Higher net margin
ICCC
ICCC
17.0% more per $
ICCC
-2.5%
-19.6%
GLBS

Income Statement — Q2 FY2025 vs Q3 FY2025

Metric
GLBS
GLBS
ICCC
ICCC
Revenue
$9.5M
$5.5M
Net Profit
$-1.9M
$-139.7K
Gross Margin
42.9%
Operating Margin
-4.3%
0.4%
Net Margin
-19.6%
-2.5%
Revenue YoY
0.2%
-8.4%
Net Profit YoY
-157.0%
80.1%
EPS (diluted)
$-0.09
$-0.02

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
GLBS
GLBS
ICCC
ICCC
Q3 25
$5.5M
Q2 25
$9.5M
$6.4M
Q1 25
$8.1M
Q4 24
$7.8M
Q3 24
$6.0M
Q2 24
$9.5M
$5.5M
Q1 24
$7.3M
Q4 23
$5.1M
Net Profit
GLBS
GLBS
ICCC
ICCC
Q3 25
$-139.7K
Q2 25
$-1.9M
$501.9K
Q1 25
$1.4M
Q4 24
Q3 24
$-701.7K
Q2 24
$3.3M
$-1.5M
Q1 24
$-437.9K
Q4 23
Gross Margin
GLBS
GLBS
ICCC
ICCC
Q3 25
42.9%
Q2 25
43.7%
Q1 25
41.6%
Q4 24
36.5%
Q3 24
26.3%
Q2 24
22.5%
Q1 24
31.6%
Q4 23
24.7%
Operating Margin
GLBS
GLBS
ICCC
ICCC
Q3 25
0.4%
Q2 25
-4.3%
8.8%
Q1 25
13.9%
Q4 24
8.0%
Q3 24
-9.6%
Q2 24
39.2%
-25.3%
Q1 24
-4.1%
Q4 23
-19.7%
Net Margin
GLBS
GLBS
ICCC
ICCC
Q3 25
-2.5%
Q2 25
-19.6%
7.8%
Q1 25
17.9%
Q4 24
Q3 24
-11.7%
Q2 24
34.5%
-28.0%
Q1 24
-6.0%
Q4 23
EPS (diluted)
GLBS
GLBS
ICCC
ICCC
Q3 25
$-0.02
Q2 25
$-0.09
$0.06
Q1 25
$0.16
Q4 24
$0.09
Q3 24
$-0.09
Q2 24
$0.16
$-0.20
Q1 24
$-0.06
Q4 23
$-0.15

Balance Sheet & Financial Strength

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

Metric
GLBS
GLBS
ICCC
ICCC
Cash + ST InvestmentsLiquidity on hand
$48.3M
$3.9M
Total DebtLower is stronger
$9.5M
Stockholders' EquityBook value
$173.1M
$29.8M
Total Assets
$309.4M
$45.7M
Debt / EquityLower = less leverage
0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLBS
GLBS
ICCC
ICCC
Q3 25
$3.9M
Q2 25
$48.3M
Q1 25
Q4 24
$3.8M
Q3 24
Q2 24
$70.8M
$1.3M
Q1 24
$960.3K
Q4 23
$978.7K
Total Debt
GLBS
GLBS
ICCC
ICCC
Q3 25
$9.5M
Q2 25
Q1 25
$8.7M
Q4 24
$9.0M
Q3 24
$9.4M
Q2 24
$9.8M
Q1 24
$10.2M
Q4 23
$10.5M
Stockholders' Equity
GLBS
GLBS
ICCC
ICCC
Q3 25
$29.8M
Q2 25
$173.1M
$29.9M
Q1 25
$29.0M
Q4 24
$27.5M
Q3 24
$26.4M
Q2 24
$178.9M
$23.5M
Q1 24
$24.6M
Q4 23
$25.0M
Total Assets
GLBS
GLBS
ICCC
ICCC
Q3 25
$45.7M
Q2 25
$309.4M
$46.7M
Q1 25
$45.6M
Q4 24
$45.1M
Q3 24
$44.4M
Q2 24
$256.3M
$41.9M
Q1 24
$43.1M
Q4 23
$43.8M
Debt / Equity
GLBS
GLBS
ICCC
ICCC
Q3 25
0.32×
Q2 25
Q1 25
0.30×
Q4 24
0.33×
Q3 24
0.36×
Q2 24
0.42×
Q1 24
0.41×
Q4 23
0.42×

Cash Flow & Capital Efficiency

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

Metric
GLBS
GLBS
ICCC
ICCC
Operating Cash FlowLast quarter
$-1.2M
Free Cash FlowOCF − Capex
$-1.8M
FCF MarginFCF / Revenue
-32.3%
Capex IntensityCapex / Revenue
10.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$715.4K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLBS
GLBS
ICCC
ICCC
Q3 25
$-1.2M
Q2 25
$1.6M
Q1 25
$1.6M
Q4 24
$-3.1K
Q3 24
$-639.3K
Q2 24
$581.8K
Q1 24
$418.5K
Q4 23
$-723.1K
Free Cash Flow
GLBS
GLBS
ICCC
ICCC
Q3 25
$-1.8M
Q2 25
$1.4M
Q1 25
$1.2M
Q4 24
$-199.3K
Q3 24
$-727.7K
Q2 24
$471.0K
Q1 24
$348.1K
Q4 23
$-804.4K
FCF Margin
GLBS
GLBS
ICCC
ICCC
Q3 25
-32.3%
Q2 25
22.4%
Q1 25
15.4%
Q4 24
-2.6%
Q3 24
-12.1%
Q2 24
8.6%
Q1 24
4.8%
Q4 23
-15.8%
Capex Intensity
GLBS
GLBS
ICCC
ICCC
Q3 25
10.8%
Q2 25
2.4%
Q1 25
4.1%
Q4 24
2.5%
Q3 24
1.5%
Q2 24
2.0%
Q1 24
1.0%
Q4 23
1.6%
Cash Conversion
GLBS
GLBS
ICCC
ICCC
Q3 25
Q2 25
3.19×
Q1 25
1.09×
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

GLBS
GLBS

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

ICCC
ICCC

Segment breakdown not available.

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