Financial Data and Key Metrics Changes - For Q2 2025, the company reported total net revenues of $2.9 million and net income of $820,000, equating to earnings per share of $0.30 [11][19] - Adjusted EBITDA for the period was $810,000 [11] - The company declared a second quarterly dividend of $0.14 per share, representing a yield of approximately 7.5% at current stock price levels [11] Business Line Data and Key Metrics Changes - The company is transitioning its focus towards the tanker sector, specifically targeting modern medium-range product tankers [8][9] - The existing fleet consists of two containerships with a combined capacity of 3,170 TEU, currently chartered at rates of $16,700 and $19,000 per day [18] Market Data and Key Metrics Changes - As of August 8, 2025, one-year MR time charter rates were approximately $20,600 per day, slightly below the five-year average of $23,500 per day [12] - New building prices for MR tankers are around $49 million, with five-year-old units priced at approximately $42 million [13] - The order book for MR tankers stands at about 15.7% of the fleet, indicating a balanced supply-demand environment [15] Company Strategy and Development Direction - The company aims to build a presence in the tanker sector, leveraging its existing cash reserves of approximately $15 million for initial acquisitions [9][10] - Future fleet growth will be pursued gradually, with potential capital raising strategies that do not dilute existing shareholders [10][32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the tanker market, citing strong demand for oil products and a recovery in seaborne trade [15][16] - The company anticipates that charter rates will remain stable, justifying acquisitions even at current prices [17] Other Important Information - The company underwent a significant ownership change, with Marla Investments becoming the majority shareholder, owning 51% of the outstanding shares [7] - The market value of the fleet is significantly higher than its book value, with a charter-adjusted vessel market value estimated at approximately $14.5 million [23] Q&A Session Summary Question: Can you elaborate on the strategy to enter the tanker market? - The company is targeting product carriers initially and may consider acquiring vessels from the Lattice family in the future [29][30] Question: What is the financing strategy for acquisitions? - The company plans to maintain a balanced approach to financing, potentially using a 50-50 split of debt and equity for acquisitions [34][32] Question: What is the competition like in the modern tanker market? - The company noted that while there is competition, it is not as intense as in the dry bulk or container markets, and they are actively inspecting vessels [40] Question: When do you expect the GM Express to find its next time charter? - The expectation is that the vessel will likely be chartered by the next quarterly meeting [43] Question: What are the anticipated terms for the next time charter? - The company expects the next charter to be higher than the current rate, likely within a 12 to 24-month timeframe [45]

Earnings Presentation Quarter Ended June 30, 2025 1 August 12, 2025 30 – 78 – 230 220 – 230 – 242 242 – 242 – 242 154 – 172 – 204 Forward-Looking Statements Statements in this presentation may be "forward-looking statements" within the meaning of federal securities laws. The matters discussed herein that are forward-looking statements are based on current management expectations that involve risks and uncertainties that may result in such expectations not being realized. Actual outcomes and results may diff ...

ATHENS, Greece, Aug. 08, 2025 (GLOBE NEWSWIRE) -- EuroHoldings Ltd. (NASDAQ: EHLD) (“EuroHoldings” or the “Company”) an owner and operator of ocean-going vessels and provider of seaborne transportation, announced today that it will release its financial results for the second quarter ended June 30, 2025 on Aug 12, 2025, before market opens in New York. On the same day, Tuesday, August 12, 2025 at 10:00 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the results ...

Core Viewpoint - Euroholdings Ltd has reported its financial results for the first quarter of 2025, highlighting a significant net income increase due to a gain from the sale of a vessel, despite a decrease in net revenues compared to the previous year [1][4][10]. Financial Highlights - Total net revenues for Q1 2025 were $2.9 million, a 24.9% decrease from $3.8 million in Q1 2024, attributed to operating only two vessels compared to three in the prior year [6][10]. - The company recorded a net income of $11.1 million for Q1 2025, compared to $1.5 million in Q1 2024, largely due to a $10.23 million gain from the sale of the vessel M/V Diamantis P [10][11]. - Adjusted net income for Q1 2025 was $0.9 million, or $0.31 per share, down from $1.5 million, or $0.54 per share, in Q1 2024 [12][39]. - Average time charter equivalent rate increased to $15,798 per day in Q1 2025, a 7.3% rise from $14,725 per day in Q1 2024 [4][6]. Recent Developments - On June 23, 2025, shareholders associated with the Pittas family sold 51.04% of the company's outstanding shares to Marla Investments Inc., an affiliate of the Latsis family, while retaining a 7.6% interest [3]. - The management team remains unchanged, with Eurobulk Ltd continuing to provide management services [3]. Operational Performance - The average number of vessels operated in Q1 2025 was 2.1, down from 3.0 in Q1 2024, impacting overall revenue generation [6][14]. - Total daily vessel operating expenses averaged $8,511 per vessel per day in Q1 2025, up from $7,492 in Q1 2024, primarily due to increased general and administrative expenses [5][6]. Fleet Profile - Euroholdings operates a fleet of 2 feeder container carriers with a total capacity of 3,171 TEU [43]. - The vessels are employed on period charters, with the fleet's average time charter equivalent rate reflecting improved market conditions [4][43].

Group 1 - EuroHoldings Ltd. will release its financial results for Q1 2025 on June 25, 2025, after market closes in New York [1] - The Company will not host a conference call to discuss its results for the three-month period [2] - EuroHoldings Ltd. was incorporated on March 20, 2024, as a holding company for three vessel-owning subsidiaries of Euroseas Ltd. [3] Group 2 - EuroHoldings Ltd. operates a fleet of two feeder containership vessels with a cargo capacity of 40,882 dwt, or 3,171 teu [3] - The Company's operations are managed by Eurobulk Ltd., which is ISO certified [3] - EuroHoldings Ltd. is listed on the Nasdaq Capital Market under the symbol "EHLD" [4]

Core Viewpoint - EuroHoldings Ltd has entered into a Stock Purchase Agreement where shareholders associated with the Pittas family sold 51.04% of the company's outstanding common shares to Marla Investments Inc, affiliated with the Latsis family, marking a significant change in ownership structure [1][6]. Group 1: Transaction Details - The transaction involved the sale of 1,437,697 shares at approximately $12.90 per share in cash, with additional quarterly cash payments contingent on the continued employment of two containerships beyond their minimum charter periods [2]. - The Pittas family retained approximately 7.6% ownership in the company after the transaction [1]. Group 2: Board Changes - Following the transaction, two board members, Aristides P. Pittas and Dr. Anastasios (Tasos) Aslidis, resigned, and new members George Margaronis and Christos Triantafillidis were appointed to fill the vacancies [3][4]. - The Board unanimously approved the Company Undertakings related to the transaction, which included amending the Shareholders' Rights Plan and considering new board members suggested by the Purchaser [4]. Group 3: Company Background - EuroHoldings Ltd was incorporated on March 20, 2024, as a holding company for three vessel-owning subsidiaries and is listed on the Nasdaq Capital Market under the symbol "EHLD" [7][9]. - The company operates a fleet of two feeder containership vessels with a cargo capacity of 40,882 dwt, or 3,171 teu, managed by Eurobulk Ltd, which provides day-to-day commercial and technical management [8].

Core Viewpoint - EuroHoldings Ltd. has initiated a comprehensive review of strategic alternatives to maximize shareholder value following its spin-off from Euroseas Ltd. on March 18, 2025 [1][2][3] Company Overview - EuroHoldings Ltd. was incorporated on March 20, 2024, as a holding company for three vessel-owning subsidiaries of Euroseas Ltd. [4] - The company operates two feeder containership vessels with a cargo capacity of 40,882 dwt, or 3,171 teu [5] - EuroHoldings is listed on the Nasdaq Capital Market under the symbol "EHLD" [6] Financial Position - The company has a cash balance of approximately $13 million and no debt [3] - Two vessels are employed under lucrative charters through most of their remaining useful life [3] Strategic Alternatives - The Board of Directors is exploring various strategic alternatives, including potential sale, corporate acquisition, merger, partnership, or other financial transactions [1][2] - Seaborne Capital Advisors has been retained as a financial advisor to assist in the evaluation process [1] Management's Perspective - The management team is actively evaluating business strategies to enhance shareholder value and will assess value creation opportunities relative to the company's long-term potential [3]