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

IRIDEX CORP is the larger business by last-quarter revenue ($14.7M vs $9.5M, roughly 1.5× GLOBUS MARITIME LTD). On growth, GLOBUS MARITIME LTD posted the faster year-over-year revenue change (0.2% vs -69.7%).

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.

IRIDEX Corporation is a global medical technology company that designs, manufactures and distributes advanced laser-based medical devices, primarily serving the ophthalmology and aesthetic medicine sectors. It supplies products to healthcare providers, clinics and medical facilities across North America, Europe, Asia Pacific and other regions, delivering minimally invasive solutions for eye disease treatment and cosmetic procedures.

GLBS vs IRIX — Head-to-Head

Bigger by revenue
IRIX
IRIX
1.5× larger
IRIX
$14.7M
$9.5M
GLBS
Growing faster (revenue YoY)
GLBS
GLBS
+70.0% gap
GLBS
0.2%
-69.7%
IRIX

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
GLBS
GLBS
IRIX
IRIX
Revenue
$9.5M
$14.7M
Net Profit
$-1.9M
Gross Margin
37.2%
Operating Margin
-4.3%
Net Margin
-19.6%
Revenue YoY
0.2%
-69.7%
Net Profit YoY
-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
GLBS
GLBS
IRIX
IRIX
Q4 25
$14.7M
Q3 25
$12.5M
Q2 25
$9.5M
$13.6M
Q1 25
$11.9M
Q4 24
$12.7M
Q3 24
$11.6M
Q2 24
$9.5M
$12.6M
Q1 24
$11.8M
Net Profit
GLBS
GLBS
IRIX
IRIX
Q4 25
Q3 25
$-1.6M
Q2 25
$-1.9M
$-994.0K
Q1 25
$-1.7M
Q4 24
$-834.0K
Q3 24
$-1.9M
Q2 24
$3.3M
$-2.7M
Q1 24
$-3.5M
Gross Margin
GLBS
GLBS
IRIX
IRIX
Q4 25
37.2%
Q3 25
32.1%
Q2 25
34.5%
Q1 25
42.5%
Q4 24
44.0%
Q3 24
37.3%
Q2 24
40.7%
Q1 24
37.9%
Operating Margin
GLBS
GLBS
IRIX
IRIX
Q4 25
Q3 25
-11.3%
Q2 25
-4.3%
-6.9%
Q1 25
-1.7%
Q4 24
-3.9%
Q3 24
-16.1%
Q2 24
39.2%
-20.9%
Q1 24
-28.0%
Net Margin
GLBS
GLBS
IRIX
IRIX
Q4 25
Q3 25
-12.6%
Q2 25
-19.6%
-7.3%
Q1 25
-14.2%
Q4 24
-6.6%
Q3 24
-16.7%
Q2 24
34.5%
-21.2%
Q1 24
-29.5%
EPS (diluted)
GLBS
GLBS
IRIX
IRIX
Q4 25
Q3 25
$-0.09
Q2 25
$-0.09
$-0.06
Q1 25
$-0.10
Q4 24
$-0.05
Q3 24
$-0.12
Q2 24
$0.16
$-0.16
Q1 24
$-0.21

Balance Sheet & Financial Strength

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

Metric
GLBS
GLBS
IRIX
IRIX
Cash + ST InvestmentsLiquidity on hand
$48.3M
$6.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$173.1M
Total Assets
$309.4M
$29.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLBS
GLBS
IRIX
IRIX
Q4 25
$6.0M
Q3 25
$5.6M
Q2 25
$48.3M
$6.8M
Q1 25
$7.2M
Q4 24
$2.4M
Q3 24
$3.9M
Q2 24
$70.8M
$4.1M
Q1 24
$5.4M
Total Debt
GLBS
GLBS
IRIX
IRIX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$1.0M
Q3 24
$1.4M
Q2 24
Q1 24
Stockholders' Equity
GLBS
GLBS
IRIX
IRIX
Q4 25
Q3 25
$4.7M
Q2 25
$173.1M
$6.1M
Q1 25
$852.0K
Q4 24
$2.1M
Q3 24
$2.6M
Q2 24
$178.9M
$4.2M
Q1 24
$6.5M
Total Assets
GLBS
GLBS
IRIX
IRIX
Q4 25
$29.2M
Q3 25
$28.4M
Q2 25
$309.4M
$31.6M
Q1 25
$34.2M
Q4 24
$29.1M
Q3 24
$30.2M
Q2 24
$256.3M
$31.2M
Q1 24
$34.1M
Debt / Equity
GLBS
GLBS
IRIX
IRIX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.48×
Q3 24
0.53×
Q2 24
Q1 24

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%

IRIX
IRIX

Segment breakdown not available.

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