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Side-by-side financial comparison of GLOBUS MARITIME LTD (GLBS) and Performance Shipping Inc. (PSHG). Click either name above to swap in a different company.

Performance Shipping Inc. is the larger business by last-quarter revenue ($39.5M vs $9.5M, roughly 4.1× GLOBUS MARITIME LTD). Performance Shipping Inc. runs the higher net margin — 97.5% vs -19.6%, a 117.1% gap on every dollar of revenue. On growth, GLOBUS MARITIME LTD posted the faster year-over-year revenue change (0.2% vs -7.9%).

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.

Azerbaijan Caspian Shipping Closed Joint-Stock Company is a state-owned Azerbaijani shipping company. It is also known by its Russian-derived abbreviation CASPAR.

GLBS vs PSHG — Head-to-Head

Bigger by revenue
PSHG
PSHG
4.1× larger
PSHG
$39.5M
$9.5M
GLBS
Growing faster (revenue YoY)
GLBS
GLBS
+8.2% gap
GLBS
0.2%
-7.9%
PSHG
Higher net margin
PSHG
PSHG
117.1% more per $
PSHG
97.5%
-19.6%
GLBS

Income Statement — Q2 FY2025 vs Q2 FY2025

Metric
GLBS
GLBS
PSHG
PSHG
Revenue
$9.5M
$39.5M
Net Profit
$-1.9M
$38.5M
Gross Margin
Operating Margin
-4.3%
93.3%
Net Margin
-19.6%
97.5%
Revenue YoY
0.2%
-7.9%
Net Profit YoY
-157.0%
78.1%
EPS (diluted)
$-0.09
$1.00

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
PSHG
PSHG
Q2 25
$9.5M
$39.5M
Q2 24
$9.5M
$42.9M
Q2 23
$7.8M
Q2 22
$19.1M
Net Profit
GLBS
GLBS
PSHG
PSHG
Q2 25
$-1.9M
$38.5M
Q2 24
$3.3M
$21.6M
Q2 23
$-1.2M
Q2 22
$11.0M
Operating Margin
GLBS
GLBS
PSHG
PSHG
Q2 25
-4.3%
93.3%
Q2 24
39.2%
49.1%
Q2 23
-17.2%
Q2 22
57.8%
Net Margin
GLBS
GLBS
PSHG
PSHG
Q2 25
-19.6%
97.5%
Q2 24
34.5%
50.4%
Q2 23
-14.8%
Q2 22
57.5%
EPS (diluted)
GLBS
GLBS
PSHG
PSHG
Q2 25
$-0.09
$1.00
Q2 24
$0.16
$0.55
Q2 23
$-0.06
Q2 22
$0.53

Balance Sheet & Financial Strength

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

Metric
GLBS
GLBS
PSHG
PSHG
Cash + ST InvestmentsLiquidity on hand
$48.3M
$95.8M
Total DebtLower is stronger
$43.7M
Stockholders' EquityBook value
$173.1M
$312.8M
Total Assets
$309.4M
$363.8M
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLBS
GLBS
PSHG
PSHG
Q2 25
$48.3M
$95.8M
Q2 24
$70.8M
$61.7M
Q2 23
$53.2M
Q2 22
$43.6M
Total Debt
GLBS
GLBS
PSHG
PSHG
Q2 25
$43.7M
Q2 24
$51.2M
Q2 23
Q2 22
Stockholders' Equity
GLBS
GLBS
PSHG
PSHG
Q2 25
$173.1M
$312.8M
Q2 24
$178.9M
$254.0M
Q2 23
$172.1M
Q2 22
$169.5M
Total Assets
GLBS
GLBS
PSHG
PSHG
Q2 25
$309.4M
$363.8M
Q2 24
$256.3M
$310.5M
Q2 23
$217.3M
Q2 22
$206.2M
Debt / Equity
GLBS
GLBS
PSHG
PSHG
Q2 25
0.14×
Q2 24
0.20×
Q2 23
Q2 22

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
PSHG
PSHG
Operating Cash FlowLast quarter
$26.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.70×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLBS
GLBS
PSHG
PSHG
Q2 25
$26.8M
Q2 24
$31.7M
Q2 23
Q2 22
Capex Intensity
GLBS
GLBS
PSHG
PSHG
Q2 25
Q2 24
0.0%
Q2 23
Q2 22
Cash Conversion
GLBS
GLBS
PSHG
PSHG
Q2 25
0.70×
Q2 24
1.47×
Q2 23
Q2 22

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%

PSHG
PSHG

Segment breakdown not available.

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