Costamare Bulkers Holdings Limited (CMDB) SEC Filings & Earnings Calls
EquiReason read 14 Costamare Bulkers Holdings Limited SEC filings in the last 12 months. Latest: 6-K on 2026-10-08 — Annual meeting results: election of Class I director and ratification of auditor; no material financial or operational changes..
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 485.3M
- P/E TTM
- —
- Dividend yield
- —
- 52-week
- —
- Next earnings
- 13 Nov, in 20 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
3 Aug 20266-KVoyage revenue $112M; Net income $5M; Average number of vessels (owned) 29.8open
Figures in the filing · each found in the filing text
| Voyage revenue · Q2-2026 | $112M | |
| Net income · Q2-2026 | $5M | |
| Average number of vessels (owned) · Q2-2026 | 29.8 | |
| Ownership days · Q2-2026 | 2,715 | |
| Daily vessel operating expenses · Q2-2026 | $6036.00 | |
| Charter-in hire expenses · Q2-2026 | $39M |
Risks flagged
No prior-year comparison available due to spin-off; limited trend visibility.
“Costamare Bulkers financial results for the three-month period ended June 30, 2026 are therefore not comparable to the corresponding period in 2025 and accordingly, comparative figures are not presented” · word for word
20 Jul 2026SC 13DAchillefs Konstantakopoulos and Costamare Shipping Services Ltd. filed a Schedule 13D disclosing a 20.5% beneficial ownership stake in Costamare Bulkers Holdings Limited, acquired for investment purposes.open
Figures in the filing · each found in the filing text
| Beneficial ownership percentage · 2026-07-17 | 20.5% |
20 Jul 2026SC 13DAchillefs Konstantakopoulos and Costamare Shipping Services Ltd. filed a Schedule 13D disclosing a 20.5% beneficial ownership stake in Costamare Bulkers Holdings Limited, acquired for investment purposes.open
Figures in the filing · each found in the filing text
| Beneficial ownership percentage · 2026-07-17 | 20.5% |
2 Jun 20266-K6-K filing of unaudited financial statements; no material event beyond routine filing.open
Risks flagged
Net loss and negative operating cash flow
“Net loss of $13.7M in Q1 2025”
30 Mar 202620-FAnnual report (20-F) for FY2025: reports volatile market conditions with BDI up 88% in 2025 after a 52% decline in 2024, and strategic realignment of CBI business via Cargill cooperation agreement.earningsopen
Figures in the filing · each found in the filing text
| Owned Vessels · 2026-03-16 | 31 | |
| Chartered-in Vessels (CBI) · CBI · 2026-03-16 | 19 | |
| Total Debt · 2025-12-31 | $158M | |
| Average Fleet Age · 2026-03-16 | $13.00 | |
| Baltic Dry Index (BDI) Change · FY2025 | 88.0% | |
| Time Charter Rate Change (2024) · FY2024 | -52.0% | |
| Owned Fleet Capacity · 2026-03-16 | $3M | |
| Management Fees (Costamare Shipping & Services) · FY2025 | $14M |
Risks flagged
Charter Rate Volatility
“The cyclical nature of the shipping industry may lead to volatile changes in charter rates, which may reduce our revenues and negatively affect our results of operations.” · word for word
Counterparty Credit Risk
“Payments to us by our charterers under charter agreements are and will be our main source of operating cash flow. Such agreements subject us to counterparty risks.” · word for word
Geopolitical Risk (Red Sea, China, tariffs)
“The Houthi seizures and attacks on vessels traveling through the Red Sea, the Gulf of Aden, the Persian Gulf and the Arabian Sea have impacted the global economy as some companies have decided to reroute vessels to avoid the Suez Canal and the Red Sea.” · word for word
Environmental Regulation Compliance Cost
“We may incur substantial costs in complying with these requirements, including costs for ship modifications and changes in operating procedures.” · word for word
Interest Rate Exposure
“Our obligations under our secured credit facilities that bear interest at SOFR plus a margin amounted to $157.6 million as of December 31, 2025.” · word for word
20 Feb 20266-KQ4 2025 net loss of $18.2M on voyage revenue of $218.5M; no prior period comparison as company had nominal operations.open
Figures in the filing · each found in the filing text
| Voyage revenue · Q4 2025 | $219M | |
| Net loss · Q4 2025 | $-18.20 | |
| Average number of vessels · Q4 2025 | $31.10 | |
| Daily vessels' operating expenses · Q4 2025 | $6584.00 |
Risks flagged
Net loss; no comparative prior period; reliance on related party transactions.
“Net loss $18.2M; no comparative figures; related party expenses significant.”
2 Dec 20256-KUnaudited interim financial statements for nine months ended Sep 30, 2025. Net loss $19.2M, total voyage revenue $378.7M. First set of standalone financials post spin-off.open
Figures in the filing · each found in the filing text
| Total voyage revenue · 9M-2025 | $379M | |
| Net loss · 9M-2025 | $-19M | |
| Cash and cash equivalents · 2025-09-30 | $181M | |
| Vessels, net · 2025-09-30 | $574M | |
| Total assets · 2025-09-30 | $1.07B | |
| Long-term debt, net · 2025-09-30 | $144M | |
| Operating loss · 9M-2025 | $-28M | |
| Losses per common share, basic and diluted · 9M-2025 | $-1.39 |
Risks flagged
Negative operating margins and net loss; high charter-in expenses relative to revenue.
“Operating loss $27.9M; charter-in hire expenses $192.1M vs voyage revenue $378.7M.”
Spin-off entity with limited operating history; negative retained earnings.
“Retained earnings / (Accumulated deficit) $ (19,155 )”
14 Nov 20256-KFirst reported quarter: voyage revenue $222.9M, net income $7.4M. Strong chartering activity with 35.5 owned and 44.7 chartered-in vessels. Positive start for the company.open
Figures in the filing · each found in the filing text
| Voyage revenue · Q3-2025 | $223M | |
| Net income · Q3-2025 | $7M | |
| Ownership days · Q3-2025 | 3,270 | |
| Daily vessel operating expenses · Q3-2025 | $5899.00 | |
| Depreciation · Q3-2025 | $9M | |
| Average number of vessels · Q3-2025 | 35.5 |
Risks flagged
No prior period comparison; first operational quarter makes trend analysis impossible.
“No comparative figures presented for prior period as Costamare Bulkers had no operations.”
Costamare Bulkers Holdings Limited — questions
- What did Costamare Bulkers Holdings Limited file recently?
- 14 SEC filings in the last 12 months. Latest: 6-K on 2026-10-08 — Annual meeting results: election of Class I director and ratification of auditor; no material financial or operational changes.
Every figure on this page comes from Costamare Bulkers Holdings Limited's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.