Industrials -
Marine Shipping - NASDAQ - GR
$ 7.89
-7.12 %
$ 36.5 M
Market Cap
6.71
P/E
1. INTRINSIC VALUE
Balance Sheet
Top Ships Inc.
| Current Assets | 23.4 M |
| Cash & Short-Term Investments | 7.63 M |
| Receivables | 1.11 M |
| Other Current Assets | 14.7 M |
| Non-Current Assets | 399 M |
| Long-Term Investments | 8.05 M |
| PP&E | 362 M |
| Other Non-Current Assets | 29.4 M |
| Current Liabilities | 33.2 M |
| Accounts Payable | 1.82 M |
| Short-Term Debt | 6.36 M |
| Other Current Liabilities | 25 M |
| Non-Current Liabilities | 245 M |
| Long-Term Debt | 245 M |
| Other Non-Current Liabilities | 102 K |
EFFICIENCY
Earnings Waterfall
Top Ships Inc.
| Revenue | 86.1 M |
| Cost Of Revenue | 48.5 M |
| Gross Profit | 37.7 M |
| Operating Expenses | 9.77 M |
| Operating Income | 27.9 M |
| Other Expenses | 22.9 M |
| Net Income | 5.03 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Top Ships Inc.
| Net Income | 5.03 M |
| Depreciation & Amortization | 23.1 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -13.7 M |
| Others | -8.16 M |
| Free Cash Flow | 17.3 M |
Wall Street Analysts Price Targets
Top Ships Inc.
TOPS has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
TOPS does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Top Ships Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
TOP Ships Inc. Announces Ex-Distribution Date for Planned Spin-Off of Rubico, a New Nasdaq-Listed Suezmax Tanker Company
ATHENS, Greece, June 05, 2025 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “TOP Ships”) (NYSE American:TOPS), an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced today that the NYSE American (the “NYSE”) has established an ex-distribution date for the previously-announced proposed spin-off of two of its Suezmax tanker vessels.
globenewswire.com
- 2 weeks ago
TOP Ships Inc. Announces Intention to Spin Off a New Nasdaq-Listed Suezmax Tanker Company
ATHENS, Greece, June 04, 2025 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “TOP Ships”) (NYSE American: TOPS), an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced today that it intends to effect a spin-off of two of its Suezmax tanker vessels.
globenewswire.com
- 2 weeks ago
TOP Ships Inc. Announces Filing of 2024 Annual Report on Form 20-F
ATHENS, Greece, April 15, 2025 (GLOBE NEWSWIRE) -- TOP Ships Inc. (NYSE: TOPS) (the “Company”), an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced today that its annual report on Form 20-F for the year ended December 31, 2024 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “Commission”). The Annual Report may be accessed through the Company's website, www.topships.org, or on the website of the Commission, www.sec.gov.
globenewswire.com
- 2 months ago
OMNICOM MEDIA GROUP TOPS 2024 TOTAL NEW BUSINESS RANKING WITH $7.7 BILLION
COMvergence Report Shows OMG #1 for Retention, Holding on to 74% of Its Billings in Play in a Year When the Industry Average Was Only 32% OMG agencies PHD and OMD Leverage Agency as a Platform Model to Dominate Global Media Network Ranking NEW YORK , March 25, 2025 /PRNewswire/ -- Omnicom Media Group (OMG), the media services division of Omnicom (NYSE: OMC ) and parent company to the OMD, PHD and Hearts & Science global media agency networks, had the best total new business record (wins minus losses, including retentions) among global media management groups in 2024. As reported in the recently published Global Media Agency New Business Barometer Full Year 2024 - an analysis of the global media agency marketplace from independent research company COMvergence - OMG was awarded approximately $7.7 billion in client billings – including $4.6 million in retained business - in 2024, outperforming its nearest competitor by more than $1 billion.
prnewswire.com
- 2 months ago
AUXLY ACHIEVES NEW REVENUE AND PROFITABILITY RECORDS IN Q2 2024 AND TOPS CHARTS IN ALL-IN-ONE VAPE SALES
TORONTO , Aug. 15, 2024 /PRNewswire/ - Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) ("Auxly" or the "Company") a leading consumer packaged goods company in the cannabis products market, today released its financial results for the three and six months ended June 30, 2024. These filings and additional information regarding Auxly are available for review on SEDAR+ at www.sedarplus.ca.
prnewswire.com
- 10 months ago
Top Ships Inc. Announces Time Charter Extensions at Very Strong Rates and Revenue of $100 Million
ATHENS, Greece, July 25, 2024 (GLOBE NEWSWIRE) -- TOP Ships Inc. (NYSE: TOPS) (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that its 50% subsidiaries which own M/T Eco Yosemite Park and M/T Eco Joshua Park entered into agreements with their current charterers to extend their time charter employment at higher rates.
globenewswire.com
- 10 months ago
Top 3 Energy Stocks That May Rocket Higher In July
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
benzinga.com
- 11 months ago
TOP Ships Inc. Announces Commencement of Time Charter at Very Strong Rate an Increase of 36% Over Previous Time Charter
ATHENS, Greece, May 02, 2024 (GLOBE NEWSWIRE) -- TOP Ships Inc. (NYSE: TOPS) (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that it has commenced its previously announced time charter employment contract with a high-quality counterparty for its product/chemical tanker M/T Eco Marina Del Rey. The new time charter will have a firm duration of 3 years with an additional year at the charterer's option.
globenewswire.com
- 1 year ago
TOP Ships Inc. Announces Transfer of Listing to the NYSE American LLC
ATHENS, Greece, April 11, 2024 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “Top Ships”) (NASDAQ: TOPS), an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced today that it will transfer the listing of its common shares from the Nasdaq Capital Market (“Nasdaq”) to the NYSE American LLC (“NYSE American”). The Company expects to commence trading as a NYSE American-listed company at market open on April 24, 2024 under its existing ticker symbol, “TOPS.” The Company's shares will continue to trade on the Nasdaq until the market close on April 23, 2024, beginning trading on the NYSE American at market open on the next trading day without interruption or impact to investors. Company investors are not required to take any action.
globenewswire.com
- 1 year ago
Top Ships Inc. Announces Filing of 2023 Annual Report on Form 20-F
ATHENS, Greece, April 01, 2024 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that its annual report on Form 20-F for the year ended December 31, 2023 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “Commission”). The Annual Report may be accessed through the Company's website, www.topships.org, or on the website of the Commission, www.sec.gov.
globenewswire.com
- 1 year ago
TOP Ships Inc. Announces Vessel Refinancings and Full Redemption of Series F Perpetual Preferred Shares Held by Related Party
ATHENS, Greece, Feb. 07, 2024 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “Top Ships”) (NASDAQ:TOPS), an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced today that it has entered into five sale and leaseback financing agreements (the “Financing Agreements”) with three major Chinese financiers for the refinancing of two 157,000 dwt Suezmax tankers, the M/Ts Eco West Coast and Eco Malibu (already concluded), two 300,000 dwt VLCC tankers, the M/Ts Julius Caesar and Legio X Equestris (already concluded) and one 50,000 dwt MR product tanker, the M/T Eco Marina Del Ray (expected to be concluded between March and May of 2024).
globenewswire.com
- 1 year ago
TOP Ships Announces Share Repurchase Program
ATHENS, Greece, Dec. 14, 2023 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “Top Ships”) (NASDAQ:TOPS), an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced today a share repurchase program.
globenewswire.com
- 1 year ago
8. Profile
Summary
Top Ships Inc. TOPS
COUNTRY
GR
INDUSTRY
Marine Shipping
MARKET CAP
$ 36.5 M
Dividend Yield
0.00%
Description
Top Ships Inc. owns and operates tanker vessels worldwide. The company's medium range tanker vessels transport crude oil, petroleum products, and bulk liquid chemicals. As of December 31, 2020, it had a fleet with a total capacity of 1,435,000 deadweight tonnes (dwt) consisting of one 50,000 dwt product/chemical tanker, five 157,000 dwt Suezmax tankers, two 300,000 dwt very large crude carriers, and two 50,000 dwt product tankers. The company was formerly known as Top Tankers Inc. and changed its name to Top Ships Inc. in December 2007. Top Ships Inc. was incorporated in 2000 and is based in Maroussi, Greece.
Contact
1 Vasilisis Sofias & Megalou Alexandro S, Marousi, 15124
https://www.topships.org
IPO
Date
Aug. 2, 2004
Employees
1
Officers
Mr. Evangelos J. Pistiolis
Founder, President, Chief Executive Officer & Director
Mr. Konstantinos Patis
Chief Technical Officer
Mr. Alexandros Tsirikos
Chief Financial Officer & Executive Director
Mr. Vangelis G. Ikonomou
Chief Operating Officer