What EuroDry Ltd. does.

Our fleet consists of drybulk carriers that transport iron ore, coal, grain and other dry cargoes along worldwide shipping routes. Please see information in the section "Our Fleet", below. During 2023, 2024 and 2025, we had a fleet utilization of 97.9%, 98.8% and 99.0% respectively, and an average number of vessels of 10.6, 13.0 and 12.0 respectively, our vessels achieved daily time charter equivalent rates of $12,528, $13,039 and $11,642 respectively, and we generated time and voyage charter revenues of $50.43 million, $64.79 million and $55.64 million respectively.

Our business strategy is focused on providing consistent shareholder returns by carefully selecting the timing and the structure of our investments in drybulk vessels and by reliably, safely and competitively operating the vessels we own, through our affiliates, Eurobulk and Eurobulk FE. Representing a continuous shipowning and management history that dates back to the 19th century, we believe that one of our advantages in the industry is our ability to select and safely operate drybulk vessels of any age.

We plan to expand our fleet by investing in vessels in the drybulk market under favorable market conditions. We also intend to take advantage of the cyclical nature of the market by buying and selling ships when we believe favorable opportunities exist. We employ our vessels in the spot voyage and time charter market. As of March 31, 2026, eleven of our vessels are employed under time charter contracts, with four vessels employed under index linked charters.

Revenue and profit, by fiscal year.

More on EDRY.

• EuroDry Ltd. summary
• EuroDry Ltd. financial statements
• EuroDry Ltd. key metrics
• EuroDry Ltd. health scores and style box
• EuroDry Ltd. earnings
• EuroDry Ltd. dividends
• EuroDry Ltd. valuation
• EuroDry Ltd. ownership and insiders
• EuroDry Ltd. peers

Figures from EuroDry Ltd.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.