EuroDry (EDRY) reported Q4 FY2025 total net revenues of USD 17.39 million (+19.9%) and net income attributable to controlling shareholders of USD 3.18 million (USD 1.14 per share). Adjusted EBITDA was USD 7.55 million, while adjusted net income attributable to controlling shareholders was USD 2.45 million (USD 0.88 per share), excluding among other items a USD 0.71 million net gain on sale of a vessel. For FY2025, EuroDry posted total net revenues of USD 52.26 million (-14.4%) and a net loss attributable to controlling shareholders of USD 4.26 million (loss of USD 1.55 per share). Adjusted EBITDA was USD 12.55 million and adjusted net loss attributable to controlling shareholders was USD 6.88 million (adjusted loss of USD 2.50 per share), which excludes among other items USD 2.79 million of net gains on vessel sales. In Q4, the fleet averaged 11.2 vessels with average TCE of USD 16,262/day; for FY2025, the fleet averaged 12.0 vessels with average TCE of USD 11,642/day. EuroDry said it has concluded a one-year time charter for an Ultramax vessel at USD 15,500/day and intends to pursue longer charters for a larger portion of its fleet. As of Dec. 31, 2025, outstanding debt was USD 103.70 million and unrestricted and restricted cash totaled USD 25.67 million. EuroDry also said about USD 5.30 million has been used to repurchase 334,674 shares under its up to USD 10.00 million buyback plan, which was extended for another year in August 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EuroDry Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9657930-en) on February 19, 2026, and is solely responsible for the information contained therein.