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Side-by-side financial comparison of GLOBUS MARITIME LTD (GLBS) and Local Bounti Corporation (LOCL). Click either name above to swap in a different company.

Local Bounti Corporation is the larger business by last-quarter revenue ($12.5M vs $9.5M, roughly 1.3× GLOBUS MARITIME LTD). GLOBUS MARITIME LTD runs the higher net margin — -19.6% vs -69.8%, a 50.2% gap on every dollar of revenue. On growth, Local Bounti Corporation posted the faster year-over-year revenue change (23.7% vs 0.2%).

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.

Local Bounti Corporation is a U.S.-based sustainable indoor agriculture firm growing fresh, pesticide-free leafy greens, herbs and produce via advanced hydroponic and vertical farming tech. It serves North American retail and food service partners, focusing on low environmental impact and stable year-round supply.

GLBS vs LOCL — Head-to-Head

Bigger by revenue
LOCL
LOCL
1.3× larger
LOCL
$12.5M
$9.5M
GLBS
Growing faster (revenue YoY)
LOCL
LOCL
+23.5% gap
LOCL
23.7%
0.2%
GLBS
Higher net margin
GLBS
GLBS
50.2% more per $
GLBS
-19.6%
-69.8%
LOCL

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
GLBS
GLBS
LOCL
LOCL
Revenue
$9.5M
$12.5M
Net Profit
$-1.9M
$-8.7M
Gross Margin
12.2%
Operating Margin
-4.3%
-106.1%
Net Margin
-19.6%
-69.8%
Revenue YoY
0.2%
23.7%
Net Profit YoY
-157.0%
76.0%
EPS (diluted)
$-0.09
$1.52

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
LOCL
LOCL
Q4 25
$12.5M
Q3 25
$12.2M
Q2 25
$9.5M
$12.1M
Q1 25
$11.6M
Q4 24
$10.1M
Q3 24
$10.2M
Q2 24
$9.5M
$9.4M
Q1 24
$8.4M
Net Profit
GLBS
GLBS
LOCL
LOCL
Q4 25
$-8.7M
Q3 25
$-26.4M
Q2 25
$-1.9M
$-21.6M
Q1 25
$-37.7M
Q4 24
$-36.3M
Q3 24
$-34.3M
Q2 24
$3.3M
$-25.3M
Q1 24
$-24.1M
Gross Margin
GLBS
GLBS
LOCL
LOCL
Q4 25
12.2%
Q3 25
11.5%
Q2 25
12.2%
Q1 25
12.6%
Q4 24
5.4%
Q3 24
13.8%
Q2 24
14.3%
Q1 24
9.4%
Operating Margin
GLBS
GLBS
LOCL
LOCL
Q4 25
-106.1%
Q3 25
-149.4%
Q2 25
-4.3%
-127.7%
Q1 25
-135.6%
Q4 24
-166.6%
Q3 24
-176.0%
Q2 24
39.2%
-146.8%
Q1 24
-122.9%
Net Margin
GLBS
GLBS
LOCL
LOCL
Q4 25
-69.8%
Q3 25
-216.6%
Q2 25
-19.6%
-178.3%
Q1 25
-324.6%
Q4 24
-360.1%
Q3 24
-335.2%
Q2 24
34.5%
-267.6%
Q1 24
-286.9%
EPS (diluted)
GLBS
GLBS
LOCL
LOCL
Q4 25
$1.52
Q3 25
$-1.18
Q2 25
$-0.09
$-1.63
Q1 25
$-4.32
Q4 24
$-4.24
Q3 24
$-4.01
Q2 24
$0.16
$-3.00
Q1 24
$-2.89

Balance Sheet & Financial Strength

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

Metric
GLBS
GLBS
LOCL
LOCL
Cash + ST InvestmentsLiquidity on hand
$48.3M
$4.2M
Total DebtLower is stronger
$483.1M
Stockholders' EquityBook value
$173.1M
$-166.2M
Total Assets
$309.4M
$410.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLBS
GLBS
LOCL
LOCL
Q4 25
$4.2M
Q3 25
$6.2M
Q2 25
$48.3M
$5.3M
Q1 25
$18.0M
Q4 24
$937.0K
Q3 24
$317.0K
Q2 24
$70.8M
$9.7M
Q1 24
$8.2M
Total Debt
GLBS
GLBS
LOCL
LOCL
Q4 25
$483.1M
Q3 25
$484.9M
Q2 25
$478.3M
Q1 25
$480.0M
Q4 24
$436.8M
Q3 24
$398.4M
Q2 24
$374.0M
Q1 24
$329.8M
Stockholders' Equity
GLBS
GLBS
LOCL
LOCL
Q4 25
$-166.2M
Q3 25
$-158.1M
Q2 25
$173.1M
$-132.7M
Q1 25
$-134.5M
Q4 24
$-100.5M
Q3 24
$-65.6M
Q2 24
$178.9M
$-32.8M
Q1 24
$-9.4M
Total Assets
GLBS
GLBS
LOCL
LOCL
Q4 25
$410.5M
Q3 25
$417.8M
Q2 25
$309.4M
$426.8M
Q1 25
$447.2M
Q4 24
$428.0M
Q3 24
$430.8M
Q2 24
$256.3M
$438.1M
Q1 24
$413.4M

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
LOCL
LOCL
Operating Cash FlowLast quarter
$-3.1M
Free Cash FlowOCF − Capex
$-3.6M
FCF MarginFCF / Revenue
-29.1%
Capex IntensityCapex / Revenue
3.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-42.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLBS
GLBS
LOCL
LOCL
Q4 25
$-3.1M
Q3 25
$-8.9M
Q2 25
$-8.7M
Q1 25
$-9.6M
Q4 24
$1.2M
Q3 24
$-17.2M
Q2 24
$-4.0M
Q1 24
$-7.1M
Free Cash Flow
GLBS
GLBS
LOCL
LOCL
Q4 25
$-3.6M
Q3 25
$-10.1M
Q2 25
$-14.6M
Q1 25
$-14.5M
Q4 24
$-8.6M
Q3 24
$-30.0M
Q2 24
$-28.8M
Q1 24
$-42.1M
FCF Margin
GLBS
GLBS
LOCL
LOCL
Q4 25
-29.1%
Q3 25
-82.8%
Q2 25
-121.0%
Q1 25
-125.1%
Q4 24
-85.3%
Q3 24
-293.1%
Q2 24
-305.4%
Q1 24
-501.8%
Capex Intensity
GLBS
GLBS
LOCL
LOCL
Q4 25
3.9%
Q3 25
9.7%
Q2 25
48.9%
Q1 25
42.8%
Q4 24
97.6%
Q3 24
125.0%
Q2 24
263.0%
Q1 24
417.3%

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%

LOCL
LOCL

Segment breakdown not available.

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