EUROSEAS LTD.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $3.2m $4.1m $7.0m $985k $3.6m $26.5m $25.8m $58.6m $73.7m $176.5m
Inventory, Net $1.3m $1.6m $1.7m $1.9m $1.7m $2.3m $2.3m $2.5m $3.2m $2.8m
Assets, Current $10.4m $16.1m $12.0m $6.3m $9.7m $32.9m $46.9m $66.0m $84.7m $192.4m
Property, Plant and Equipment, Net $105.6m $134.1m $48.8m $116.2m $98.5m $176.1m $216.6m $267.6m $443.4m $465.9m
Non-current liabilities:
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $1.4m $1.5m $959k $715k $2.0m $1.3m $573k $2.0m $4.6m $10.2m
Accrued Liabilities, Current $1.3m $2.2m $1.3m $1.7m $1.3m $1.7m $1.8m $1.9m $4.5m $9.0m
Liabilities, Noncurrent $44.6m $61.5m $32.8m $73.9m $46.6m $107.4m $86.7m $106.9m $171.1m $197.7m
Assets $143.7m $162.3m $67.0m $126.9m $110.6m $221.4m $328.6m $424.7m $591.2m $700.5m
LIABILITIES AND EQUITY
Current liabilities:
Accounts Payable, Current $2.3m $3.9m $2.9m $2.8m $5.2m $5.7m
Long-term Debt, Current Maturities $5.5m $12.2m $4.9m $12.3m $20.6m $29.0m $55.4m $30.8m $36.9m $19.2m
Long-term Debt, Excluding Current Maturities $44.4m $60.2m $31.7m $72.2m $46.2m $89.0m $51.8m $99.2m $168.5m $197.7m
Deferred Revenue, Current $437k $880k $418k $974k $949k $3.3m $7.7m $11.3m $8.2m $5.3m
Dividends Payable, Current $161k $169k $0 $66k $105k $121k $144k
Dividends Payable $170k
Liabilities, Current $11.2m $18.5m $11.6m $24.9m $28.6m $37.1m $73.7m $51.2m $57.2m $39.4m
Liabilities $55.8m $80.0m $44.4m $98.8m $75.2m $144.6m $160.4m $158.1m $228.3m $237.0m
Stockholders’ equity:
Preferred Stock, Value, Issued $33.8m $35.6m $18.8m $7.7m $8.0m $0 $0 $210k $211k $212k
Common Stock, Value, Issued $326k $338k $375k $168k $201k $219k $213k $210k $211k $212k
Retained Earnings (Accumulated Deficit) ($230.0m) ($237.9m) ($230.2m) ($233.7m) ($230.3m) ($188.0m) ($92.6m) $7.9m $103.9m $204.5m
Additional Paid in Capital, Common Stock $283.8m $284.2m $233.7m $254.0m $257.5m $264.6m $260.5m $258.4m $258.9m $258.7m
Stockholders' Equity Attributable to Parent $54.1m $46.7m $3.8m $20.5m $27.3m $76.9m $168.2m $266.6m $362.9m $463.4m
Liabilities and Equity $143.7m $162.3m $67.0m $126.9m $110.6m $221.4m $328.6m $424.7m $591.2m $700.5m