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CMDB US​

Costamare Bulkers Holdings Ltd(CMDB US)

$19.97+0.030.15%Ext:$22.07+2.1010.49%(Market Closed · 23:47:23 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Costamare Bulkers Holdings Ltd — Company Profile

Costamare Bulkers Holdings Ltd. engages in the provision of solid, unpackaged raw materials and dry bulk commodities transportation. It offers a broad range of iron ore, coal and grains and minor bulks, such as bauxite, phosphate fertilizers, and steel products. The company was founded on September 29, 2023 and is headquartered in Monaco.

Sector
Industrials
Industry
Marine Shipping
Exchange
UN
CEO
Gregory G. Zikos
Headquarters
Monaco, O9, MC
IPO Date
May 1, 2025
Employees
904
Website
www.costamarebulkers.com

Key Metrics

Price
$22.12
Market Cap
$536.15M
Revenue (TTM)
$130.46M
Net Income (TTM)
$11.62M
EPS (TTM)
0.48
P/E (TTM)
-42.99
P/B (TTM)
0.69
Dividend Yield
0.00%
ROE (TTM)
1.49%
ROA (TTM)
1.12%
Operating Margin
5.53%
Beta
0.88

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Costamare Bulkers Holdings Ltd. engages in the provision of solid, unpackaged raw materials and dry bulk commodities transportation. It offers a broad range of iron ore, coal and grains and minor bulks, such as bauxite, phosphate fertilizers, and steel products. The company was founded on September 29, 2023 and is headquartered in Monaco.

Website
www.costamarebulkers.com
Location
Monaco, O9, MC
Phone377 92 00 1745
Employees904
CEOGregory G. Zikos
Sector
Industrials
IndustryMarine Shipping
IPO DateMay 1, 2025

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Latest Documents

SEC Filings(56)

Expand
  • 6-KCurrent report (foreign private issuer)8 Oct
  • 6-KCurrent report (foreign private issuer)18 Aug
  • 6-K6K14 Aug
  • 4Zikos Grigorios7 Aug
  • 144Dilofo Holdings Ltd6 Aug
  • 6-KCurrent report (foreign private issuer)3 Aug
  • SC 13DCostamare Bulkers Holdings Ltd20 Jul
  • 6-KCurrent report (foreign private issuer)17 Jul
  • SC 13G/ACostamare Bulkers Holdings Ltd6 Jul
  • 6-KCurrent report (foreign private issuer)2 Jun
  • 6-KCurrent report (foreign private issuer)13 May
  • 4Eleftheriou Katerina31 Mar
  • 6-KCurrent report (foreign private issuer)30 Mar
  • 20-FFY 2025ended 31 Dec 202530 Mar
  • 3Zikos Grigorios18 Mar
  • 3Sofianopoulos Dimitrios18 Mar
  • 3Pagratis Dimitrios18 Mar
  • 3Lund Peter De Place18 Mar
  • 3Grant David Charles Anthony18 Mar
  • 3Eleftheriou Katerina18 Mar

News

  • Costamare Bulkers Holdings Limited Announces Election of Class I Director at 2026 Annual Meeting of Stockholders8 Oct
  • Costamare Bulkers Holdings Limited Reports Results for the Second Quarter and Six-Month Period Ended June 30, 20263 Aug
  • Costamare Bulkers Holdings Limited Sets the Date for Its Second Quarter 2026 Results Release31 Jul

Mentions in Filings

  • #\*Construction Partners, Inc., Class A 70,815 7,781,152 Copa Holdings SA, Class A 91,162 12,434,497 \*Core & Main, Inc., Class A 246,011 13,127,147 \*Costamare Bulkers Holdings, Ltd. 77,170 1,275,620 Costamare, Inc. 336,911 5,653,367 Covenant Logistics Group, Inc., Class A 61,820 1,520,772 \*CPI Aerostructures, Inc. 7,000 27,300 CRA International, Inc. 19,004 3,590,616 Crane Co. 135,495 24,746
    Dimensional ETF TrustCostamare Bulkers Holdings Ltd·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … whereby it agreed to increase its investment commitment to $247,809. On *April 17, 2025,* the board of directors of Costamare approved the spin-off of its dry bulk business into a standalone public company, <strong>Costamare Bulkers Holdings Limited</strong> (“Costamare Bulkers”), a company organized under the laws of the Republic of the Marshall Islands, by way of a pro rata distribution of Costamare Bulkers shares to Costamare shareholders (the “Spin-Off”). In …
    Costamare Inc.Costamare Bulkers Holdings Ltd·EX-99.1 - 6-K - EXHIBIT 99.1·Q2 26·13 Aug
  • Gregory Zikos is our Chief Financial Officer and a member of our board of directors. Mr. Zikos also serves as the chief executive officer and a member of the board of directors of <strong>Costamare Bulkers Holdings Limited</strong>. Prior to joining us in 2007, Mr. Zikos was employed at DryShips, Inc., a public shipping company, as the Chief Financial Officer from 2006 to 2007. From 2004 to 2006, Mr. Zikos was employed with J&P Avax S.A., a real estate investment …
    Costamare Inc.Costamare Bulkers Holdings Ltd·EX-99.1 - 6-K - EXHIBIT 99.1·Q3 26·12 Aug
  • 1 Discontinued operations - Costamare Bulkers Holdings Limited Spin-Off: On May 6, 2025, Costamare completed the spin-off of its dry bulk business (consisting of its dry bulk owned fleet and its dry bulk operating platform, Costamare Bulkers Inc. (“CBI”)) into a standalone public company, Costamare Bulkers Holdings Limited (NYSE: CMDB). Accordingly, the results of the dry bulk business are presented as discontinued operations in the Company’s con …
    Costamare Inc.Costamare Bulkers Holdings Ltd·EX-99.1 - 6-K - EXHIBIT 99.1·Q3 26·27 Jul
  • … , whereby it agreed to increase its investment commitment to $247,809. On April 17, 2025, the board of directors of Costamare approved the spin-off of its dry bulk business into a standalone public company, <strong>Costamare Bulkers Holdings Limited</strong> (“Costamare Bulkers”), a company organized under the laws of the Republic of the Marshall Islands, by way of a pro rata distribution of Costamare Bulkers shares to Costamare shareholders (the “Spin-Off”). In …
    Costamare Inc.Costamare Bulkers Holdings Ltd·EX-99.1 - 6-K - EXHIBIT 99.1·Q1 26·20 May
  • … ., Safe Bulkers, Inc., Pacific Basin Shipping Limited, Pangaea Logistics Solutions Ltd., Seanergy Maritime Holdings Corp., Taylor Maritime Investments Limited, 2020 Bulkers Ltd., Thoresen Thai Agencies Plc., <strong>Costamare Bulkers Holdings Limited</strong>, and Precious Shipping Public Company Limited. Any members of the Peer Group that become acquired are removed from the Peer Group. ​ “rTSR” shall be based on share price for the Peer Group measured at the …
    GENCO SHIPPING & TRADING LTDCostamare Bulkers Holdings Ltd·EX-10.5 - 10-Q - Quarterly report Q1·Q1 26·6 May

Key Stats

Trading

Px/Chg 1D$22.12 / -1.13%
Avg Volume50.61K
Beta0.88
Mkt Cap536.15M
FD Mkt Cap491.61M

Float

Shrs Out/Float24.24M / 7.87M
Short Float0.02%
Days to Cover2.41
Stock Repurchased$0.00

Current Valuation

EV428.89M
EV/EBITDA10.83
EV/Sales0.66
P/B0.69
P/S0.83
FCF Yield4.84%
ROE1.49%
ROA1.12%
Current Ratio3.29

Estimates

P/E-42.99
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMay '26Oct '26
PRICE-BASED RATIOS
Price / Earnings10.66-24.8146.12
Price / Sales3.092.074.11
Price / Book Value0.630.580.69
Price / Free Cash Flow49.8779.0920.66
ENTERPRISE VALUE METRICS
Enterprise Value430.1431.3428.9
Enterprise Value / Sales2.631.973.29
Enterprise Value / EBITDA-29.04-74.2716.18
Enterprise Value / EBIT0.40-28.7529.55

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue23.6%316.5663.11,195.4597.2
Gross Income-35.3%274.853.9136.974.3
EBITDA-91.8%149.6-79.9-33.60.1
EBIT—110.0-119.5-71.0-28.3
Net Income—90.4-147.7-98.3-37.4
EPS (Diluted)—3.74-6.09-4.05-1.54
BALANCE SHEET
Cash & ST Inv33.6%104.433.749.9248.8
Total Assets7.8%871.81,186.51,241.01,091.6
Total Liabilities-10.1%425.8711.8819.0309.8
Total Shareholder Equity20.6%446.0474.7422.0781.8
CASH FLOW
Net Operating Cash Flow-13.7%117.6-196.8-55.575.6
Cap Ex-17.1%-55.7-75.9-172.9-31.7
Free Cash Flow-10.8%61.9-272.7-228.443.9

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)19.89
Basic Shares24.24
Market Cap482.0
Diluted Shares24.18
Fully Diluted Shares Outstanding24.18
Fully Diluted Market Cap480.9
+Consolidated Debt186.7
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-293.9
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value374.8

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