All individual numbers are from the SEC provided Financial Statement and Notes Data Sets. No guarantee is made for their accuracy. This report only shows the values that are common to a significant number of companies.
EUROSEAS LTD. Last Reported: 6/30/2023 Stock Symbol: ESEA

Business Address

4 MESSOGIOU & EVROPIS STREET

151 25 MAROUSSI , GR 00000

Mailing Address

4 MESSOGIOU & EVROPIS STREET

151 25 MAROUSSI , GR 00000
Phone Number: 011 30 210 6105110 / State Incorporated: / Fiscal Year End 12 /31

Balance Sheet

Date 6/30/2023 6/30/2022 9/30/2021 6/30/2021 3/31/2021 12/31/2020 11/30/2020 9/30/2020 6/30/2020 3/31/2020 12/31/2019 10/31/2019 9/30/2019 6/30/2019 3/31/2019 12/31/2018 6/30/2018 3/31/2018 12/31/2017 6/30/2017 3/31/2017 12/31/2016 9/30/2016 6/30/2016 3/31/2016 12/31/2015 9/30/2015 6/30/2015 12/31/2014 6/30/2014 2/28/2014 12/31/2013 6/30/2013 12/31/2012 6/30/2012 12/31/2011 12/31/2010 12/31/2009 12/31/2008
Cash and Cash Equivalents $31,841,476.00 $4,952,773.00 $5,880,947.00 $8,267,771.00 $3,629,150.00 $3,559,399.00 -- $2,271,069.00 $1,338,375.00 $508,105.00 $985,418.00 -- $3,164,030.00 $2,000,437.00 $4,164,659.00 $6,960,258.00 $9,099,122.00 $1,300,640.00 $2,858,927.00 $5,243,233.00 $10,837,598.00 $3,208,092.00 $1,728,226.00 $1,326,921.00 $3,057,533.00 $8,715,636.00 $20,562,083.00 $15,667,761.00 $25,411,420.00 $38,384,909.00 -- $11,400,237.00 $23,129,642.00 $33,374,960.00 $39,373,317.00 $31,204,863.00 $34,273,518.00 $40,984,549.00 $73,851,191.00
Accounts Receivable Net Current $976,496.00 $436,297.00 $1,705,921.00 $1,536,746.00 $1,399,710.00 $2,013,023.00 -- $1,114,449.00 $1,024,974.00 $1,585,246.00 $715,097.00 -- -- $705,382.00 $1,120,403.00 $958,705.00 $940,753.00 -- $1,479,282.00 $1,198,057.00 $1,142,156.00 $1,432,114.00 $797,225.00 -- -- $1,408,272.00 -- $1,204,115.00 $2,189,986.00 $535,190.00 -- $1,879,151.00 $2,308,433.00 $1,425,171.00 -- $1,370,886.00 $1,563,761.00 -- --
Inventory $2,572,426.00 $2,425,346.00 $1,715,569.00 $1,530,069.00 $1,638,868.00 $1,662,422.00 -- $2,214,978.00 $1,805,700.00 $1,847,943.00 $1,889,164.00 -- -- $1,237,686.00 $1,238,919.00 $1,704,391.00 $1,104,525.00 -- $1,193,018.00 $1,366,029.00 $1,045,563.00 $1,291,279.00 $1,347,128.00 -- -- $1,464,940.00 -- $1,463,280.00 $1,758,930.00 $1,950,650.00 -- $1,474,114.00 $1,920,316.00 $1,812,636.00 -- $2,606,535.00 $1,788,256.00 -- --
Prepaid Expenses and Other Current Assets -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Total Current Assets $45,708,911.00 $10,716,808.00 $10,949,642.00 $15,179,042.00 $9,523,555.00 $9,690,793.00 -- $7,661,644.00 $14,920,843.00 $9,196,713.00 $6,297,092.00 -- -- $5,288,033.00 $8,436,974.00 $11,994,168.00 $12,573,294.00 -- $16,082,368.00 $12,435,424.00 $15,660,120.00 $10,444,083.00 $23,602,528.00 -- -- $21,584,299.00 -- $19,762,995.00 $30,847,380.00 $42,505,200.00 -- $16,951,998.00 $30,961,481.00 $45,070,412.00 -- $38,877,587.00 $46,404,826.00 -- --
Property Plant and Equipement $249,127,642.00 $233,602,546.00 $94,436,772.00 $95,598,016.00 $97,107,065.00 $98,458,447.00 -- $103,068,797.00 $105,873,785.00 $112,858,218.00 $116,230,333.00 -- -- $47,228,704.00 $48,027,416.00 $48,826,128.00 $50,425,420.00 -- $134,111,715.00 $126,502,147.00 $123,883,084.00 $105,584,633.00 $114,628,730.00 -- -- $88,957,752.00 -- $105,369,275.00 $111,150,227.00 $120,962,255.00 -- $105,463,737.00 $191,672,016.00 $206,934,746.00 -- $237,063,878.00 $255,412,434.00 $257,270,824.00 --
Intangible Assets Net -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Goodwill -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Other Assets -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Total Assets $394,125,631.00 $288,529,918.00 $120,024,223.00 $112,907,698.00 $109,256,712.00 $110,583,008.00 -- $113,064,708.00 $122,928,895.00 $126,189,198.00 $126,861,692.00 -- -- $54,051,004.00 $62,598,657.00 $66,954,563.00 $67,332,981.00 -- $162,329,561.00 $152,190,421.00 $150,187,080.00 $143,693,504.00 $157,262,312.00 -- -- $172,406,963.00 -- $177,901,860.00 $190,578,612.00 $209,625,550.00 -- $156,616,354.00 $255,846,043.00 $278,312,797.00 -- $296,148,168.00 $321,677,801.00 -- --
Accounts Payable $3,667,935.00 $3,228,537.00 $3,004,209.00 $2,219,766.00 $2,376,280.00 $2,854,377.00 -- $2,717,260.00 $2,707,519.00 $2,895,839.00 $3,899,967.00 -- -- $1,740,054.00 $1,896,833.00 $2,288,525.00 $1,618,737.00 -- $1,522,473.00 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Accrued Liabilities $1,294,811.00 $1,720,132.00 $2,188,222.00 $1,158,617.00 $1,536,931.00 $1,300,420.00 -- $1,491,029.00 $1,584,461.00 $1,482,339.00 $1,725,321.00 -- -- $1,315,470.00 $996,836.00 $1,301,805.00 $1,692,372.00 -- $1,117,110.00 -- -- $1,312,293.00 -- -- -- $1,203,070.00 -- -- $1,060,797.00 $1,534,726.00 -- $1,002,445.00 $882,173.00 $1,143,626.00 -- $1,659,594.00 $2,212,401.00 -- --
Total Current Liabilities $176,941,947.00 $154,549,283.00 $66,025,544.00 $67,357,314.00 $71,486,722.00 $75,228,005.00 -- $80,908,688.00 $91,723,096.00 $96,252,983.00 $98,753,414.00 -- -- $44,745,588.00 $40,405,069.00 $44,376,584.00 $45,213,202.00 -- $80,021,604.00 $67,042,763.00 $63,975,242.00 $55,781,792.00 $56,518,220.00 -- -- $44,996,549.00 -- $55,743,372.00 $59,936,008.00 $68,367,180.00 -- $51,914,272.00 $60,731,767.00 $68,686,651.00 -- $84,226,420.00 $102,982,809.00 -- --
Long Term Debt -- -- -- -- -- -- -- $71,130,000.00 -- $81,900,000.00 $90,200,000.00 -- -- $40,200,000.00 $36,188,000.00 $37,491,000.00 $32,697,000.00 -- $74,412,271.00 $62,918,757.00 $60,292,415.00 $52,356,915.00 $52,786,915.00 -- -- $40,521,040.00 -- $49,821,000.00 $54,257,000.00 $59,438,000.00 -- $45,644,000.00 -- $61,581,000.00 -- -- -- -- --
Additional Paid-in Capital $258,970,263.00 $264,694,337.00 $264,515,618.00 $264,531,339.00 $258,228,672.00 $257,467,980.00 -- $254,702,888.00 $253,977,376.00 $253,998,112.00 $253,967,708.00 -- -- $233,717,692.00 $233,692,990.00 $233,668,127.00 $231,811,950.00 -- $284,236,597.00 $284,210,257.00 $284,238,635.00 $283,757,739.00 $279,040,578.00 -- -- $278,833,156.00 -- $268,594,356.00 $266,831,088.00 $266,766,205.00 -- $252,314,683.00 $252,125,888.00 $251,758,459.00 -- $236,843,470.00 $236,279,931.00 -- --
Accumulated Other Comprehensive Loss -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Accumulated Deficit $-41,996,452.00 $-130,932,100.00 $-210,734,286.00 $-219,198,302.00 $-226,768,429.00 $-230,333,881.00 -- $-230,740,512.00 $-230,773,669.00 $-231,884,482.00 $-233,682,015.00 -- -- $-232,442,329.00 $-230,710,131.00 $-230,222,985.00 $-228,302,740.00 -- $-237,880,629.00 $-234,088,554.00 $-232,604,820.00 $-229,977,258.00 $-211,906,442.00 -- -- $-184,030,436.00 -- $-177,858,013.00 $-168,343,304.00 $-156,865,895.00 -- $-148,984,299.00 $-58,371,200.00 $-43,491,901.00 -- $-25,856,739.00 $-18,515,006.00 -- --
Total Stockholders' Equity $217,183,684.00 $133,980,635.00 $53,998,679.00 $45,550,384.00 $31,663,998.00 $27,335,367.00 -- $24,136,384.00 $23,371,715.00 $22,281,638.00 $20,453,701.00 -- $14,579,095.00 $1,650,839.00 $3,358,335.00 $3,820,618.00 $3,847,440.00 $44,870,058.00 $46,694,198.00 $50,456,925.00 $51,969,158.00 $54,106,764.00 $67,381,035.00 $72,304,584.00 $91,849,983.00 $95,048,593.00 $99,372,589.00 $90,909,864.00 $100,202,504.00 $111,606,954.00 -- $104,702,082.00 $195,114,276.00 $209,626,146.00 $213,727,199.00 $211,921,748.00 $218,694,992.00 $231,453,263.00 $256,831,432.00
Controlling Interest in Subsidiaries -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Total Liabilities and Equity $394,125,631.00 $288,529,918.00 $120,024,223.00 $112,907,698.00 $109,256,712.00 $110,583,008.00 -- $113,064,708.00 $122,928,895.00 $126,189,198.00 $126,861,692.00 -- -- $54,051,004.00 $62,598,657.00 $66,954,563.00 $67,332,981.00 -- $162,329,561.00 $152,190,421.00 $150,187,080.00 $143,693,504.00 $157,262,312.00 -- -- $172,406,963.00 -- $177,901,860.00 $190,578,612.00 $209,625,550.00 -- $156,616,354.00 $255,846,043.00 $278,312,797.00 -- $296,148,168.00 $321,677,801.00 -- --

Statement of Operations

Date 6/30/2023 6/30/2022 9/30/2021 6/30/2021 3/31/2021 12/31/2020 11/30/2020 9/30/2020 6/30/2020 3/31/2020 12/31/2019 10/31/2019 9/30/2019 6/30/2019 3/31/2019 12/31/2018 6/30/2018 3/31/2018 12/31/2017 6/30/2017 3/31/2017 12/31/2016 9/30/2016 6/30/2016 3/31/2016 12/31/2015 9/30/2015 6/30/2015 12/31/2014 6/30/2014 2/28/2014 12/31/2013 6/30/2013 12/31/2012 6/30/2012 12/31/2011 12/31/2010 12/31/2009 12/31/2008
Total Revenues $89,632,206.00 $93,853,147.00 $55,639,812.00 $32,599,762.00 $14,309,318.00 $53,303,117.00 -- $41,269,742.00 $28,941,518.00 $15,432,807.00 $40,023,679.00 -- $26,718,075.00 $16,419,650.00 $8,338,131.00 $34,424,737.00 $18,057,248.00 $8,306,616.00 $23,759,119.00 $10,240,790.00 -- $28,424,289.00 -- -- -- $37,679,834.00 -- -- -- -- -- $27,510,792.00 -- $27,428,223.00 -- $29,233,585.00 -- -- --
Cost of Revenues -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Gross Profit -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Research and Development -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Selling, General, and Administrative -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Total Operating Expenses $31,124,871.00 $33,368,574.00 $33,868,591.00 $19,864,364.00 $10,310,817.00 $44,010,981.00 -- $33,892,566.00 $22,851,899.00 $12,234,523.00 $38,048,068.00 -- $25,131,279.00 $15,477,337.00 $7,668,940.00 $32,088,777.00 $15,980,887.00 $9,078,192.00 $45,698,195.00 $19,868,462.00 $9,725,403.00 $50,062,747.00 $31,239,953.00 $20,649,882.00 $8,968,101.00 $49,083,231.00 $36,978,742.00 $24,907,398.00 $55,264,498.00 $24,782,848.00 -- $139,105,743.00 $32,356,878.00 $62,365,994.00 $35,528,539.00 $56,584,803.00 $53,187,245.00 $63,759,464.00 --
Loss from Operations $58,507,335.00 $60,484,573.00 $21,771,221.00 $12,735,398.00 $3,998,501.00 $9,292,136.00 -- $7,377,176.00 $6,089,619.00 $3,198,284.00 $1,975,611.00 -- $1,586,796.00 $942,313.00 $669,191.00 $2,335,960.00 $2,076,361.00 $-771,576.00 $-5,409,713.00 $-1,565,798.00 $-1,433,177.00 $-21,638,458.00 $-10,128,113.00 $-6,764,120.00 $-2,420,250.00 $-11,403,397.00 $-8,113,593.00 $-7,356,906.00 $-14,630,161.00 $-5,644,861.00 -- $-99,952,073.00 $-11,873,439.00 $-9,878,000.00 $-8,816,844.00 $4,811,741.00 $-709,229.00 $22,429.00 --
Loss Before Income Taxes -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Earnings Per Share Basic $8.28 $8.40 $2.84 $1.65 $0.53 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- $-2.45 -- -- $-0.35 -- -- $-2.28 -- $-0.34 -- $0.04 $-0.21 $-0.51 --
Weighted Average Shares Basic 6,958,748 7,223,189 6,898,195 6,745,305 6,711,408 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 54,794,181 -- -- 45,442,841 -- 38,950,100 -- 31,054,197 30,900,122 30,648,991 --
Earnings Per Share Diluted $8.25 $8.36 $2.82 $1.64 $0.53 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- $-2.45 -- -- $-0.35 -- -- $-2.28 -- $-0.34 -- $0.04 $-0.21 $-0.51 --
Weighted Average Shares Diluted 6,985,422 7,256,434 6,942,614 6,789,718 6,749,393 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 10,999,554 8,165,703 8,116,343 -- 8,104,860 6,410,794 5,903,609 5,784,025 54,794,181 5,244,685 -- 45,442,841 -- 38,950,100 -- 31,846,080 30,900,122 30,648,991 --
Common Stock Shares Authorized 200,000,000 200,000,000 200,000,000 200,000,000 200,000,000 200,000,000 -- 200,000,000 200,000,000 200,000,000 200,000,000 -- -- 200,000,000 200,000,000 200,000,000 200,000,000 -- 200,000,000 200,000,000 200,000,000 200,000,000 200,000,000 -- -- 200,000,000 -- 200,000,000 200,000,000 200,000,000 -- 200,000,000 200,000,000 200,000,000 -- 200,000,000 200,000,000 -- --
Common Stock Shares Outstanding 6,995,752 7,279,939 7,244,891 7,244,891 6,791,847 6,708,946 -- 5,800,259 5,600,259 5,600,259 5,600,259 -- -- 12,515,645 12,515,645 12,515,645 11,274,126 -- 11,274,126 11,173,856 11,177,892 10,876,112 8,195,760 -- -- 8,195,760 -- 5,784,025 57,157,313 56,888,123 -- 45,723,255 45,319,605 45,319,605 -- 31,167,211 31,002,211 -- --
Common Stock Value $209,873.00 $218,398.00 $217,347.00 $217,347.00 $203,755.00 $201,268.00 -- $174,008.00 $168,008.00 $168,008.00 $168,008.00 -- -- $375,476.00 $375,476.00 $375,476.00 $338,230.00 -- $338,230.00 $335,222.00 $335,343.00 $326,283.00 $246,899.00 -- -- $245,873.00 -- $173,521.00 $1,714,720.00 $1,706,644.00 -- $1,371,698.00 $1,359,588.00 $1,359,588.00 -- $935,017.00 $930,067.00 -- --
Common Stock Par Or Stated Value Per Share $0.03 $0.03 $0.03 $0.03 $0.03 $0.03 -- $0.03 $0.03 $0.03 $0.03 $1.00 -- $0.03 $0.03 $0.03 $0.03 -- $0.03 $0.03 $0.03 $0.03 $0.03 -- -- $0.03 -- $0.03 $0.03 $0.03 -- $0.03 $0.03 $0.03 -- $0.03 $0.03 -- --
Payments Of Dividends Common Stock $6,950,000.00 $3,615,388.00 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Preferred Stock Shares Authorized -- -- -- -- -- -- -- -- -- -- -- -- -- -- 20,000,000 20,000,000 20,000,000 -- 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 -- -- 20,000,000 -- -- 20,000,000 -- -- 20,000,000 20,000,000 20,000,000 -- 20,000,000 20,000,000 -- --
Preferred Stock Shares Outstanding -- -- -- -- -- 8,365 -- -- -- -- 8,000 -- -- 8,000 19,686 19,605 19,122 -- 37,314 36,391 35,943 35,505 35,063 -- -- 33,779 -- -- 32,140,000 -- -- -- -- -- -- -- -- -- --
Preferred Stock Value -- -- -- -- -- $8,019,636.00 -- -- -- -- $7,654,577.00 -- -- $7,654,577.00 $18,835,253.00 $18,757,361.00 $18,272,339.00 -- $35,613,759.00 $34,690,733.00 $34,242,680.00 $33,804,948.00 $33,363,057.00 -- -- $32,079,249.00 -- $31,248,624.00 $30,440,100.00 $29,651,416.00 -- -- -- -- -- -- -- -- --
Preferred Stock Par Or Stated Value Per Share -- -- -- -- -- -- -- -- -- -- -- -- -- -- $0.01 $0.01 $0.01 -- $0.01 $0.01 $0.01 $0.01 $0.01 -- -- $0.01 -- -- $0.01 -- -- $0.01 $0.01 $0.01 -- $0.01 $0.01 -- --
Share Price -- -- -- -- -- -- $3.37 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- $4.50 $0.76 -- -- $1.34 -- -- -- -- -- -- -- --
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