Costamare Bulkers Holdings Ltd (NYSE:CMDB)

Q4 2025 Costamare Bulkers Holdings Ltd Earnings Call Transcript

Feb 20, 2026 / 01:30 PM GMT

Release Date Price: $18.62 (-6.24%)

Transcript

Key Points

Positve

Costamare Bulkers Holdings Ltd (CMDB) has entered into a cooperation agreement with CAIL, which includes the disposal of the company's trading portfolio, potentially streamlining operations.
The company reported total capital gains of approximately $7.7 million from vessel sales, indicating profitable asset management.
Charter rates have strengthened and remain at healthy levels, suggesting a favorable market environment for the company's operations.
The company has agreed to acquire a 2018-built Ultra Max vessel, which aligns with its fleet renewal strategy and could enhance operational efficiency.
Most of the fleet is employed on index-linked period agreements with the option to convert to fixed rates, providing flexibility in revenue management.

Negative

Costamare Bulkers Holdings Ltd (CMDB) reported an adjusted net loss of $1.7 million for the quarter, indicating financial challenges.
The company is in a negative net debt position, with total debt exceeding cash reserves by approximately $70 million.
Legacy positions and electric positions not included in the Carg transaction continue to affect the company's financial results.
The fleet's average age is approximately 13 years, which may imply higher maintenance costs and potential inefficiencies.
Five Cape-sized vessels are expected to be redelivered within the current year, which could impact future revenue streams.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CMDB.N - Costamare Bulkers Holdings Ltd
Q4 2025 Costamare Bulkers Holdings Ltd Earnings Call
Feb 20, 2026 / 01:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Thank you for standing by, ladies and gentlemen, and welcome to the Costamare Boker Holdings Limited conference call we have with us Mr.

Gregory Zicos, Chief Executive Officer of the company at this time, all participants are in a listen-only mode.

There will be a presentation followed by a question-and-answer session at which time if you wish to ask a question, please press star then one.

On your telephone keypad and wait for your name to be announced.

I must advise you that this conference is being recorded today, Friday, February 20th, 2026.

We would like to remind you that this conference call contains forward-looking statements.

Please take a moment to

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.