Security
Castor Maritime Inc. Common Shares · CTRM
CTRMNASDAQCommon stockCurrentCIK 1720161Updated Oct 12, 2026
CTRM price & chart
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NASDAQ:CTRM on TradingView ↗About the company
Castor Maritime Inc. is a diversified global shipping and energy company, with activities directly and indirectly in asset management, vessel ownership, technical and commercial ship management and energy infrastructure projects. Castor operates a wholly or partially owned fleet of 11 vessels, with an aggregate capacity of 0.9 million dwt. Castor is also the majority shareholder of the Frankfurt-listed asset manager MPC Oceanic Group AG. For more information, please visit the Company’s website at www.castormaritime.com. Information on our website does not constitute a part of this press release.
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Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 797,358,441Source | 797,376,921Source | 605,041,979Source | 632,920,948Source |
| Property, Plant and Equipment, NetUSD | — | — | 229,536,996Source | 435,894,644Source |
| GoodwillUSD | 24,126,824Source | 17,932,243Source | — | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 151,775,129Source | 87,896,786Source | 111,383,645Source | 142,373,151Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 7,909,514Source | 2,688,116Source | 2,914,899Source | 13,322,984Source |
| Inventory, NetUSD | 791,788Source | 1,552,262Source | 977,639Source | 2,833,258Source |
| Assets, CurrentUSD | 221,414,874Source | 253,858,224Source | 242,276,874Source | 166,241,266Source |
| Prepaid Expense and Other Assets, CurrentUSD | 3,407,988Source | 3,773,218Source | 3,277,873Source | 2,980,784Source |
| Operating Lease, Right-of-Use AssetUSD | 7,417,626Source | 7,770,979Source | — | — |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 12Source | 12Source | — | — |
| Common Stock, Value, IssuedUSD | 9,662Source | 9,662Source | 96,624Source | 94,610Source |
| Additional Paid in CapitalUSD | 265,339,741Source | 265,389,338Source | 266,360,857Source | 303,658,153Source |
| Retained Earnings (Accumulated Deficit)USD | 239,452,780Source | 228,527,153Source | 194,722,759Source | 157,742,285Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 20,628,512Source | -1,509,187Source | — | — |
| Stockholders' Equity Attributable to ParentUSD | 525,430,707Source | 492,416,978Source | 461,180,252Source | 461,495,060Source |
| Liabilities and EquityUSD | 797,358,441Source | 797,376,921Source | 605,041,979Source | 632,920,948Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 34,406,904Source | 64,401,785Source | 28,602,396Source | 51,361,769Source |
| Operating Lease, Liability, CurrentUSD | 1,203,769Source | 1,049,167Source | — | — |
| Accounts Payable, CurrentUSD | 3,714,698Source | 2,127,051Source | 2,833,167Source | 9,237,447Source |
| Operating Lease, Liability, NoncurrentUSD | 6,213,857Source | 6,721,813Source | — | — |
| Deferred Income Tax Liabilities, NetUSD | 10,596,230Source | 8,096,383Source | — | — |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 62,812,696Source | 55,340,486Source | — | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 16,700,000Source | 23,045,515Source | 3,592,728Source | 7,763,325Source |
| Deferred Tax Liabilities, NetUSD | 7,996,903Source | 6,256,000Source | — | — |
| Dividends PayableUSD | 1,069,444Source | 687,500Source | 541,666Source | — |
| Long-term DebtUSD | — | — | 85,795,785Source | 151,841,236Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 21,542,163Source | 15,304,934Source | — | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 14,760,087Source | 15,037,006Source | 22,076,831Source | 25,829,713Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 242,571Source | 9,494Source | — | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 2,982,439Source | -3,500,308Source | 208,487Source | 5,365,359Source |
| Increase (Decrease) in InventoriesUSD | -868,044Source | 259,885Source | -539,742Source | -1,603,621Source |
| Increase (Decrease) in Accounts PayableUSD | 1,081,688Source | -1,786,123Source | -3,260,521Source | 4,649,549Source |
| Deferred Income Tax Expense (Benefit)USD | -1,009,194Source | — | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | 123,753,052Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 0Source | 162,960,366Source | — | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | -63,737,095Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | 72,171,465Source | 623,283Source | 76,405,829Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | 48,904,995Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 64,158,131Source | -32,284,149Source | -31,406,273Source | 108,920,952Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 152,775,129Source | 88,616,998Source | 120,901,147Source | 152,307,420Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 3,132,785Source | 3,200,464Source | 10,153,448Source | 6,360,170Source |
| Income Taxes Paid, NetUSD | 7,152,131Source | 33,048Source | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 3,361,876Source | -284,819Source | — | — |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | — | — | 888,523Source | 850,244Source |
| Amortization of Intangible AssetsUSD | 2,210,337Source | — | — | — |
| Debt Securities, Trading, Gain (Loss)USD | 4,069Source | — | — | — |
| Deconsolidation, Gain (Loss), AmountUSD | 309,680Source | 158,440Source | — | — |
| Depreciation, NonproductionUSD | 1,503,050Source | — | — | — |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of TaxUSD | — | 0Source | — | — |
| Dividends PayableUSD | 1,069,444Source | 687,500Source | 541,666Source | — |
| Equity Securities, FV-NI, Gain (Loss)USD | 16,871,867Source | -14,738,660Source | 5,136,649Source | — |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | -7,827,960Source | -99,238Source | — | — |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | 25,212,937Source | -14,639,422Source | 5,134,013Source | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -420,370Source | -161,142Source | -92,745Source | 103,700Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | — | -169,881Source | — | — |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | 24,845Source | -24,844Source | — | — |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | -2,005,320Source | 19,298,394Source | 6,383,858Source | 3,222,631Source |
| Gain (Loss) on Disposition of Other AssetsUSD | 244,024Source | — | — | — |
| Gain (Loss) Related to Litigation SettlementUSD | 0Source | 1,418,096Source | — | — |
| General and Administrative ExpenseUSD | 19,429,796Source | 13,343,878Source | 5,681,371Source | 7,043,937Source |
| GoodwillUSD | 24,126,824Source | 17,932,243Source | — | — |
| Goodwill, Impairment LossUSD | 0Source | — | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 21,542,163Source | 15,304,934Source | 21,303,156Source | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 0Source | 0Source | 17,339,332Source | — |
| Income Tax Expense (Benefit)USD | 323,104Source | 133,988Source | 177,794Source | 1,348,850Source |
| InterestExpenseNonoperatingUSD | 4,971,728Source | 6,086,355Source | — | — |
| Investment Income, InterestUSD | 1,912,530Source | 6,882,719Source | 3,209,886Source | 1,558,103Source |
| Net Income (Loss) Attributable to ParentUSD | 19,268,823Source | 14,618,996Source | 38,642,488Source | 118,560,690Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 2,273,340Source | 685,938Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 10,925,627Source | 33,804,394Source | 36,980,474Source | 118,560,690Source |
| Nonoperating Income (Expense)USD | 40,832,790Source | -5,987,688Source | -526,964Source | -6,870,273Source |
| Operating Costs and ExpensesUSD | 19,140,916Source | 26,188,773Source | 41,913,628Source | 62,967,844Source |
| Operating Lease, Lease IncomeUSD | 46,240,892Source | 65,069,003Source | 97,515,511Source | — |
| Other Nonoperating Income (Expense)USD | 4,692,704Source | — | — | — |
| Other Operating Income (Expense), NetUSD | -10,771,778Source | 2,845,676Source | — | — |
| Payments for Repurchase of WarrantsUSD | 0Source | 1,058,481Source | 941,626Source | — |
| Payments of Financing CostsUSD | 1,568,902Source | 0Source | 25,178Source | 986,208Source |
| Proceeds from Contributions from AffiliatesUSD | 0Source | 0Source | 2,694,647Source | — |
| Proceeds from Noncontrolling InterestsUSD | 27,127Source | — | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | — | 51,805,097Source |
| Unrealized Gain (Loss) on InvestmentsUSD | -215,153Source | 2,687,236Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 81,814,405Source | 66,243,379Source | 97,515,511Source | 262,101,998Source |
| Operating Income (Loss)USD | -18,424,758Source | 21,426,610Source | 22,007,914Source | 126,779,813Source |
| Other Nonoperating Income (Expense)USD | 4,692,704Source | — | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 22,408,032Source | 15,438,922Source | 21,480,950Source | 119,909,540Source |
| Income Tax Expense (Benefit)USD | 323,104Source | 133,988Source | 177,794Source | 1,348,850Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 2,273,340Source | 685,938Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 19,268,823Source | 14,618,996Source | 38,642,488Source | 118,560,690Source |
| Earnings Per Share, BasicUSD per share | 1.13Source | 3.5Source | 0.39Source | 1.25Source |
| Earnings Per Share, DilutedUSD per share | 0.36Source | 0.38Source | 0.17Source | 1.25Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 9,662,354Source | 9,662,354Source | 95,710,781Source | 94,610,088Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 53,652,910Source | 38,745,250Source | 219,530,247Source | 94,610,088Source |
| Interest Expense (non-operating)USD | 4,971,728Source | 6,086,355Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 2,210,337Source | — | — | — |
| Business Combination, Acquisition Related CostsUSD | 0Source | 7,017,535Source | — | — |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and AmortizationUSD | 22,116,441Source | 1,117,476Source | — | — |
| Costs and ExpensesUSD | 89,467,385Source | 47,662,445Source | 75,507,597Source | 135,322,185Source |
| Debt Securities, Trading, Gain (Loss)USD | 4,069Source | — | — | — |
| Direct Costs of Leased and Rented Property or EquipmentUSD | 1,808,558Source | — | — | — |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | -7,827,960Source | -99,238Source | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -420,370Source | -161,142Source | -92,745Source | 103,700Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | — | -169,881Source | — | — |
| Gain (Loss) Related to Litigation SettlementUSD | 0Source | 1,418,096Source | — | — |
| General and Administrative ExpenseUSD | 19,429,796Source | 13,343,878Source | 5,681,371Source | 7,043,937Source |
| Goodwill, Impairment LossUSD | 0Source | — | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 21,542,163Source | 15,304,934Source | 21,303,156Source | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | 1.13Source | 3.5Source | 0.21Source | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | 0.36Source | 0.38Source | 0.1Source | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 0Source | 0Source | 17,339,332Source | — |
| Interest ExpenseUSD | — | — | 11,259,643Source | 8,584,054Source |
| Interest Expense, DebtUSD | — | — | — | 7,535,258Source |
| Investment Income, InterestUSD | 1,912,530Source | 6,882,719Source | 3,209,886Source | 1,558,103Source |
| Labor and Related ExpenseUSD | 10,310,139Source | 13,628,346Source | 21,790,625Source | 33,882,972Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 10,925,627Source | 33,804,394Source | 36,980,474Source | 118,560,690Source |
| Nonoperating Income (Expense)USD | 40,832,790Source | -5,987,688Source | -526,964Source | -6,870,273Source |
| Operating Costs and ExpensesUSD | 19,140,916Source | 26,188,773Source | 41,913,628Source | 62,967,844Source |
| Operating Lease, Lease IncomeUSD | 46,240,892Source | 65,069,003Source | 97,515,511Source | — |
| Other Cost and Expense, OperatingUSD | 1,235,143Source | 1,772,907Source | 2,610,911Source | 3,417,674Source |
| Other Operating Income (Expense), NetUSD | -10,771,778Source | 2,845,676Source | — | — |
| Preferred Stock Dividends, Income Statement ImpactUSD | — | 606,444Source | — | 0Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | — | 51,805,097Source |
| Taxes, MiscellaneousUSD | 434,897Source | 583,738Source | 872,702Source | 1,228,678Source |
Filing attachments
ef20084833_ex99-1.htm · 6-K · 2026-11-04
Castor Maritime Announces that MPC Oceanic Group Has Entered into Agreement to Acquire a 41% Stake in Marlow Navigation Limassol, Cyprus, November 4, 2026 - Castor Maritime Inc. (NASDAQ: CTRM) (“Castor” or the “Company”), a diversified global shipping and energy company, announces that on November 4, 2026, its majority-owned subsidiary, MPC Oceanic Group AG (Deutsche Börse, Scale, ISIN DE000A1TNWJ4) (“MPC Oceanic Group”), entered into an agreement with the shareholders of Marlow Navigation Co.…
Read attachment ↗ef20082029_ex99-1.htm · 6-K · 2026-09-15
Exhibit 99.1 Castor Maritime Inc. Announces Results of its 2026 Annual General Meeting of Shareholders Limassol, Cyprus, September 15, 2026 - Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping and energy company, announced today that the Company’s 2026 Annual General Meeting of Shareholders (the “Meeting”) was duly held on September 11, 2026, at 6:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyp…
Read attachment ↗ef20075170_ex99-1.htm · 6-K · 2026-09-14
Exhibit 99.1 INDEX TO INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) Unaudited Condensed Consolidated Balance Sheets as of December 31, 2025, and June 30, 2026 F-2 Unaudited Interim Condensed Consolidated Statements of Comprehensive Income for the six months ended June 30, 2025, and F-3 2026 Unaudited Condensed Consolidated Statements of Shareholders’ Equity and Mezzanine Equity for the six months ended June 30, F-4 2…
Read attachment ↗ef20075170_ex99-2.htm · 6-K · 2026-09-14
Exhibit 99.2 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following is a discussion of the financial condition and results of operations of Castor Maritime Inc. (“Castor”) for the six-month periods ended June 30, 2026, and June 30, 2025. Unless otherwise specified herein or the context otherwise requires, references to the “Company”, “we”, “our” and “us” or similar terms shall include Castor and its wholly owned and majority owned subsidiaries. You …
Read attachment ↗ef20081741_ex99-1.htm · 6-K · 2026-09-14
Exhibit 99.1 Castor Maritime Inc. Reports Net Income of $26.8 Million for the Three Months Ended June 30, 2026, and $96.0 Million for the Six Months Ended June 30, 2026 Limassol, Cyprus, September 14, 2026 - Castor Maritime Inc. (NASDAQ: CTRM) (“Castor” or the “Company”), a diversified global shipping and energy company, today announced its results for the three months and six months ended June 30, 2026. Highlights of the Second Quarter Ended June 30, 2026: Total vessel revenues: $14.9 mil…
Read attachment ↗ef20079551_ex99-1.htm · 6-K · 2026-08-07
Exhibit 99.1 Castor Maritime Inc. Announces Joint Venture and Contribution of the Limassol, Cyprus, August 7, 2026 - Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping and energy company, announces that it has entered into an agreement to establish a joint venture (the “Joint Venture”) with third-party investors arranged by Fearnley Securities AS. The Joint Venture was established to acquire, own and operate the M/V Magic Starlight, a 2015-built Kam…
Read attachment ↗