Seanergy Earnings Reports

Seanergy posted a Q1 2025 net loss of $6.8 million on $24.2 million in revenue, citing a typical seasonal slowdown. Fleet TCE of $13,403 outperformed the Baltic Capesize Index. The company declared its 14th consecutive dividend and maintained strong liquidity through $88.1 million in new financings.

Seanergy reported Q4 2024 revenue of $41.7 million, up 6% from the previous year. Net income declined to $6.6 million from $10.8 million, while adjusted EBITDA fell to $20.4 million. The company’s fleet TCE rate was $23,179, outperforming the Baltic Capesize Index by 27%. A quarterly dividend of $0.10 per share was declared.