EuroDry (EDRY) Reports Profitable Q4 with Surging Adjusted EBITDA

Core Insights - EuroDry Ltd. (NASDAQ:EDRY) is recognized as a promising micro-cap stock, reporting a profitable Q4 2025 with net revenues of $17.4 million, a nearly 20% increase from Q4 2024 [1] - The company experienced a decline in total net revenues for the full year 2025, down 14.4% to $52.3 million, but achieved a 33% increase in annual Adjusted EBITDA to $12.55 million [2] - EuroDry maintains a strong liquidity position with $31.8 million in cash and assets against $103.7 million in outstanding debt, while also focusing on shareholder value through share repurchases [3] Financial Performance - Q4 2025 net income attributable to controlling shareholders was $3.2 million, equating to $1.14 per diluted share, with Adjusted EBITDA rising to $7.5 million from $1.85 million year-over-year [1] - Despite the revenue drop for the full year, the loss per share was narrowed from $4.62 in 2024 to $1.55 in 2025 [2] Company Overview - EuroDry Ltd. provides ocean-going transportation services globally, operating drybulk carriers that transport major and minor bulk commodities [4]