United Maritime Corp
NASDAQ:USEA
Income Statement
Earnings Waterfall
United Maritime Corp
Income Statement
United Maritime Corp
| Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||
| Interest Expense |
2
|
3
|
5
|
7
|
6
|
8
|
8
|
8
|
7
|
8
|
8
|
7
|
|
| Revenue |
23
N/A
|
23
+3%
|
33
+43%
|
39
+18%
|
36
-9%
|
44
+22%
|
46
+6%
|
46
0%
|
45
-2%
|
43
-6%
|
43
+0%
|
42
-1%
|
|
| Gross Profit | |||||||||||||
| Cost of Revenue |
(10)
|
(12)
|
(19)
|
(24)
|
(23)
|
(26)
|
(24)
|
(22)
|
(22)
|
(21)
|
(22)
|
(22)
|
|
| Gross Profit |
12
N/A
|
11
-11%
|
14
+28%
|
15
+9%
|
13
-19%
|
18
+43%
|
22
+23%
|
24
+8%
|
24
0%
|
21
-12%
|
20
-4%
|
20
-4%
|
|
| Operating Income | |||||||||||||
| Operating Expenses |
(8)
|
25
|
21
|
(19)
|
(17)
|
(18)
|
(7)
|
(19)
|
(20)
|
(20)
|
(20)
|
(18)
|
|
| Selling, General & Administrative |
(6)
|
(8)
|
(10)
|
(12)
|
(8)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
|
| Depreciation & Amortization |
(2)
|
(3)
|
(5)
|
(7)
|
(9)
|
(11)
|
(12)
|
(13)
|
(10)
|
(14)
|
(14)
|
(12)
|
|
| Other Operating Expenses |
0
|
36
|
36
|
0
|
(0)
|
0
|
11
|
0
|
(4)
|
0
|
0
|
(1)
|
|
| Operating Income |
4
N/A
|
36
+727%
|
35
-4%
|
(4)
N/A
|
(5)
-27%
|
(0)
+96%
|
15
N/A
|
5
-69%
|
4
-12%
|
1
-74%
|
1
-51%
|
1
+165%
|
|
| Pre-Tax Income | |||||||||||||
| Interest Income Expense |
(2)
|
(3)
|
(5)
|
(6)
|
(6)
|
(8)
|
(8)
|
(8)
|
(7)
|
(8)
|
(8)
|
(7)
|
|
| Non-Reccuring Items |
36
|
0
|
0
|
47
|
12
|
12
|
0
|
1
|
0
|
0
|
1
|
2
|
|
| Total Other Income |
(0)
|
(0)
|
(0)
|
0
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
0
|
0
|
0
|
|
| Pre-Tax Income |
37
N/A
|
33
-11%
|
30
-9%
|
37
+23%
|
0
-99%
|
4
+1 604%
|
7
+98%
|
(2)
N/A
|
(3)
-48%
|
(7)
-93%
|
(6)
+5%
|
(4)
+32%
|
|
| Net Income | |||||||||||||
| Income from Continuing Operations |
37
|
33
|
30
|
37
|
0
|
4
|
7
|
(2)
|
(3)
|
(7)
|
(6)
|
(4)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
|
| Net Income (Common) |
35
N/A
|
31
-12%
|
28
-10%
|
35
+25%
|
0
-100%
|
4
+2 695%
|
7
+105%
|
(2)
N/A
|
(3)
-48%
|
(7)
-93%
|
(6)
+4%
|
(4)
+32%
|
|
| EPS (Diluted) |
4.81
N/A
|
3.97
-17%
|
3.35
-16%
|
3.69
+10%
|
0.02
-99%
|
0.4
+1 900%
|
0.75
+87%
|
-0.27
N/A
|
-0.39
-44%
|
-0.76
-95%
|
-0.69
+9%
|
-0.5
+28%
|
|