, APAC
Photo by Ann H from Pexels

Mermaid Maritime posts $7.7m profit loss in Q1

Revenue for the period rose 33% YoY.

Mermaid Maritime reported a net loss of $7.7m attributable to owners of parent for the first quarter ended 31 March 2025, reversing a profit of $331,000 a year earlier.

Revenue rose 33% year-on-year to $117.2m, up from $88m.

Basic loss per share stood at $0.0055.

Join Marine & Industrial Report community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!