Castor Maritime posts Q3 net income of USD 21.0 million, up over seven times

Reuters
2025.12.04 11:33
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Castor Maritime Inc. reported a Q3 2025 net income of USD 21.0 million, a significant increase from previous periods. Total vessel revenues were USD 11.4 million, with service revenues at USD 9.5 million. Net income attributable to shareholders was USD 19.0 million. Basic earnings per share were USD 1.76, and diluted earnings per share were USD 0.23. EBITDA was USD 24.3 million, with adjusted EBITDA at USD 5.7 million. The company completed four vessel disposals and reported USD 3.7 million in dividend income from equity investments.