Globus Maritime Limited ("Globus," the “Company,” “we,” or “our”)
(NASDAQ: GLBS), a dry bulk shipping company, today reported its
unaudited consolidated operating and financial results for the
quarter ended March 31, 2019.
- In Q1 2019, Average
operating expenses per vessel per day decreased by about 19%
compared to Q1 2018
|
Financial
Highlights |
|
|
Three months ended March 31, |
|
(Expressed in thousands of U.S dollars except for daily rates and
per share data) |
2019 |
|
2018 |
|
Total revenues |
3,543 |
|
3,938 |
|
Adjusted (LBITDA)/EBITDA (1) |
374 |
|
387 |
|
Total comprehensive loss |
(472 |
) |
(1,535 |
) |
Basic loss per share (2) |
(0.15 |
) |
(0.48 |
) |
Daily Time charter equivalent rate (“TCE”) (3) |
6,736 |
|
8,039 |
|
Average operating expenses per vessel per day |
4,634 |
|
5,745 |
|
Average number of vessels |
5.0 |
|
5.0 |
|
(1) |
|
Adjusted EBITDA is a measure not in accordance with generally
accepted accounting principles (“GAAP”). See a later section of
this press release for a reconciliation of EBITDA to total
comprehensive (loss) and net cash (used in)/ generated from
operating activities, which are the most directly comparable
financial measures calculated and presented in accordance with the
GAAP measures. |
|
|
|
(2) |
|
The weighted average number of shares for the three month period
ended March 31, 2019 was 3,209,604 compared to 3,189,678 shares for
the three month period ended March 31, 2018. |
|
|
|
(3) |
|
Daily Time charter equivalent rate (“TCE”) is a measure not in
accordance with generally accepted accounting principles (“GAAP”).
See a later section of this press release for a reconciliation of
Daily TCE to Voyage revenues. |
|
|
|
Current Fleet ProfileAs of the
date of this press release, Globus’ subsidiaries own and operate
five dry bulk carriers, consisting of four Supramax and one
Panamax.
|
|
|
|
|
|
|
Vessel |
Year Built |
Yard |
Type |
Month/Year Delivered |
DWT |
Flag |
Moon Globe |
2005 |
Hudong-Zhonghua |
Panamax |
June 2011 |
74,432 |
Marshall Is. |
Sun Globe |
2007 |
Tsuneishi Cebu |
Supramax |
Sept 2011 |
58,790 |
Malta |
River Globe |
2007 |
Yangzhou Dayang |
Supramax |
Dec 2007 |
53,627 |
Marshall Is. |
Sky Globe |
2009 |
Taizhou Kouan |
Supramax |
May 2010 |
56,855 |
Marshall Is. |
Star Globe |
2010 |
Taizhou Kouan |
Supramax |
May 2010 |
56,867 |
Marshall Is. |
Weighted Average Age: 11.1 Years as of March 31, 2019 |
|
300,571 |
|
|
|
|
|
Current Fleet Deployment
All of our vessels are currently operating on
short term time charters (“on spot”).
Management Commentary
Athanasios Feidakis, President, Chief Executive
Officer and Chief Financial Officer of Globus Maritime Limited,
stated:
“We are pleased with our performance during the
first quarter of 2019 despite the difficulties in the market this
period we have managed to reduce our operating expenses while
taking steps to strengthen our balance sheet. This has been a
very precarious first quarter where rates in the dry bulk sector
have taken an unexpected dive. We do see several factors that
might have contributed to that, such as lower seasonal demand,
weather disruptions in Australia and the Vale dam failure.
Undoubtedly, weak rates have had a negative impact on the hiring of
our vessels that were operating on the spot market during the
quarter. However, the market is now at much better levels than what
it was in the first two months of the year.
“Whilst we remain cautious, we are at the same
time more optimistic about the latter part of the year where we
expect rates to improve mainly due to continuous demand from China
for dry bulk goods and the IMO 2020 regulations which we believe
will have a positive impact on spot charter rates as the effective
capacity of the fleet will be reduced since their owners in their
efforts to comply with said regulations will try to burn more
expensive compliant fuels more efficiently.
“At this time we are pleased to report our recent
developments as follows:
- On March 13, 2019, the Company
signed a securities purchase agreement with a private investor and
on March 13, 2019 issued, for gross proceeds of $5 million, a
senior convertible note may be converted into shares of
the Company’s common stock, par value $0.004 per share. If not
converted or redeemed beforehand pursuant to the terms of the
Convertible Note, the Convertible Note matures upon the anniversary
of its issue.
- In May and June we have executed
term sheets leading to the refinance of the entire fleet later in
the month.
“We will continue to strive to keep our operational
costs down and maximize shareholder value, we feel fortunate that
at these difficult times we have the full support of our investors
and financial institutions.”
Management Discussion and Analysis of the
Results of Operations
First Quarter of the Year 2019 compared
to the First Quarter of the Year 2018Total comprehensive
loss for the first quarter of the year 2019 amounted to $0.5
million or $0.15 basic loss per share based on 3,209,604 weighted
average number of shares, compared to total comprehensive loss of
$1.5 million for the same period last year or $0.48 basic loss per
share based on 3,189,678 weighted average number of shares.
The following table corresponds to the breakdown
of the factors that led to the decrease in total comprehensive loss
during the first quarter of 2019 compared to the first quarter of
2018 (expressed in $000’s):
|
|
|
|
|
|
1st Quarter of 2019 vs 1st quarter of 2018 |
|
|
|
|
|
|
|
Net loss for the 1st Quarter of 2018 |
(1,535 |
) |
|
|
Decrease in voyage revenues |
(395 |
) |
|
|
Increase in Voyage expenses |
(93 |
) |
|
|
Decrease in Vessels operating expenses |
500 |
|
|
|
Increase in Depreciation |
(5 |
) |
|
|
Increase in Depreciation of dry docking costs |
(241 |
) |
|
|
Increase in Total administrative expenses |
(58 |
) |
|
|
Increase in Other income, net |
34 |
|
|
|
Increase in Interest expense and finance costs |
(221 |
) |
|
|
Increase in Gain on derivative financial instruments |
1,424 |
|
|
|
Increase in Foreign exchange gains |
118 |
|
|
|
Net loss for the 1st Quarter of 2019 |
(472 |
) |
|
|
|
|
|
|
Voyage revenuesDuring the
three-month period ended March 31, 2019 and 2018, our Voyage
revenues reached $3.5 million and $3.9 million respectively. The
10% decrease in Voyage revenues was mainly attributed to the
decrease in the average time charter rates achieved by our vessels
during the first quarter of 2019 compared to the same period in
2018. Daily Time Charter Equivalent rate (“TCE”) for the first
quarter of 2019 was $6,736 per vessel per day versus $8,039 per
vessel per day during the same period in 2018 corresponding to a
decrease of 16%.
Voyage expensesVoyage expenses
reached $0.5 million during the first quarter of 2019 compared to
$0.4 million during the same period last year. Voyage expenses
include commissions on revenues, port and other voyage expenses and
bunker expenses. Bunker expenses mainly refer to the cost of
bunkers consumed during periods that our vessels are travelling
seeking employment. Voyage expenses for the first quarter of 2019
and 2018 are analyzed as follows:
|
|
|
|
|
|
In $000’s |
2019 |
2018 |
|
|
|
|
|
|
|
Commissions |
46 |
59 |
|
|
Bunkers expenses |
412 |
277 |
|
|
Other voyage expenses |
54 |
83 |
|
|
Total |
512 |
419 |
|
|
|
|
|
|
Vessel operating expensesVessel
operating expenses, which include crew costs, provisions, deck and
engine stores, lubricating oils, insurance, maintenance and
repairs, decreased by $0.5 million or 19% to $2.1 million during
the three month period ended March 31, 2019 compared to $2.6
million during the same period in 2018. The breakdown of our
operating expenses for the three month period ended March 31, 2019
and 2018 is as follows:
|
|
|
|
|
|
|
|
|
2019 |
|
2018 |
|
|
|
Crew expenses |
55 |
% |
47 |
% |
|
|
Repairs and spares |
18 |
% |
25 |
% |
|
|
Insurance |
8 |
% |
6 |
% |
|
|
Stores |
9 |
% |
15 |
% |
|
|
Lubricants |
6 |
% |
5 |
% |
|
|
Other |
4 |
% |
2 |
% |
|
|
|
|
|
|
|
|
Average daily operating expenses during the
three month period ended March 31, 2019 and 2018 were $4,634 per
vessel per day and $5,745 per vessel per day respectively,
corresponding to a decrease of 19%. This is attributed to the
efforts of the Company to keep the costs down while maintaining
high utilization performance.
Depreciation of dry docking
costsDepreciation charge of dry docking costs during the
first quarter of 2019 reached $0.5 million compared to $0.2 million
during the same period in 2018. This is due to the increased cost
of dry dockings that 3 of our vessels underwent during 2018 and
subsequently resulted to a higher depreciation charge in the first
quarter of 2019.
Interest expense and finance
costsInterest expense and finance costs for the first
quarter of 2019 reached $0.7 million compared to $0.5 million for
the same quarter of 2018 and are analyzed as follows:
|
|
|
|
|
|
In $000’s |
2019 |
2018 |
|
|
|
|
|
|
|
Interest payable on long-term borrowings |
621 |
463 |
|
|
Bank charges |
8 |
8 |
|
|
Amortization of debt discount |
29 |
19 |
|
|
Other finance expenses |
54 |
1 |
|
|
Total |
712 |
491 |
|
|
|
|
|
|
Gain on derivative financial
instrumentsThe gain on the derivative financial
instruments is mainly attributed to the valuation of the “New
Convertible Note” as of March 31, 2019, which is discussed further
in a following section of this Press Release.
Liquidity and capital
resourcesAs of March 31, 2019 and 2018 our cash and cash
equivalents were $3.0 million and $2.1 million respectively.
Net cash used in operating
activities for the three-month period ended March 31, 2019
was $1.1 million compared to Net cash generated from operating
activities of $0.1 million during the respective period in 2018.
The decrease in our cash from operations was mainly attributed to
the increase in prepayments and other assets from $0.8 million
during the first quarter of 2018 to $1.8 million during the
three-month period under consideration.
Net cash used in financing
activities during the three-month period ended March 31,
2019 and 2018 were as follows:
|
|
|
|
|
|
Three months ended |
|
|
|
|
March 31, |
|
|
|
In $000’s |
2019 |
|
2018 |
|
|
|
Repayment of long term debt |
(1,136 |
) |
(694 |
) |
|
|
Proceeds from issuance of Convertible Note |
5,000 |
|
- |
|
|
|
Net proceeds from shareholders loan (Firment Shipping) |
900 |
|
- |
|
|
|
Proceeds from issuance of share capital |
- |
|
600 |
|
|
|
Restricted cash |
(150 |
) |
(140 |
) |
|
|
Interest paid |
(580 |
) |
(528 |
) |
|
|
Net cash generated from / (used in) financing
activities |
4,034 |
|
(762 |
) |
|
|
|
|
|
|
|
|
As of March 31, 2019, we and our vessel-owning
subsidiaries had outstanding borrowings under our loan agreements
of an aggregate of $42.6 million compared to $41 million as of
March 31, 2018, gross of unamortized debt discount.
New Convertible NoteOn March
13, 2019, the Company signed a securities purchase agreement with a
private investor and on March 13, 2019 issued, for gross
proceeds of $5 million, a senior convertible note (the “Convertible
Note”) that is convertible into shares of the Company’s common
stock, par value $0.004 per share. If not converted or redeemed
beforehand pursuant to the terms of the Convertible Note, the
Convertible Note matures upon the anniversary of its issue. We will
use part of the proceeds from the Convertible Note for general
corporate purposes and working capital including repayment of debt.
The Convertible Note was issued in a transaction exempt from
registration under the Securities Act. As of the date hereof, no
conversion of the Convertible Note has occurred.
The Convertible Note provides for interest to
accrue at 10% annually, which interest shall be paid on the first
anniversary of the Convertible Note’s issuance unless the
Convertible Note is converted or redeemed pursuant to its terms
beforehand. The interest may be paid in common shares of the
Company, if certain conditions described within the Convertible
Note are met.
As per the conversion clause included in this
agreement, the Company has recognized it as a hybrid agreement
which includes an embedded derivative. This embedded derivative was
separated to the derivative component and the non-derivative host.
The derivative component is shown separately from the
non-derivative host at fair value. The changes in the fair value of
the derivative financial instrument are recognized in the
consolidated statement of comprehensive loss. For the period ended
March 31, 2019, the Company recognized a gain on this derivative
financial instrument amounting to $1.4 million, which was
classified under “Gain on derivative financial instruments” in the
consolidated statement of comprehensive loss.
Subsequent Events
Conversion of Debt and Issuance of
SharesOn May 2, 2019, Globus announced that, in accordance
with the terms and provisions of the revolving credit facility,
dated November 21, 2018, between the Company and Firment Shipping
Inc., an entity deemed as an affiliated party through common
control, the Company has elected to convert the aggregate
outstanding principal balance and accrued interest of $3,170,136
into 1,132,191 shares of common stock of the Company.
Amended agreement with the
bankIn May 2019 the Company agreed under a supplemental
agreement with Hamburg Commercial Bank AG (formerly known as HSH
Nordbank AG) on waivers and relaxations of its loan covenants.
Loan Refinancing
In May and June, the Company signed term sheets
for the refinance of the entire fleet. The new loan provides 75%
financing on the assets at a rate of LIBOR +8.5%. The term of the
new loan is 3 years. There is no fixed loan amortization for the
first 18 months, but rather a cash sweep that takes effect after
all costs are paid plus $1,000 per day. We expect to close the loan
within the month of June.
|
|
Selected Consolidated
Financial & Operating Data |
|
|
|
|
|
Three months ended |
|
|
March 31, |
|
|
2019 |
|
2018 |
|
(in thousands of U.S. dollars, except per share data) |
(unaudited) |
Consolidated statement of comprehensive loss
data: |
|
|
Voyage revenues |
3,543 |
|
3,938 |
|
Total Revenues |
3,543 |
|
3,938 |
|
|
|
|
Voyage expenses |
(512 |
) |
(419 |
) |
Vessel operating expenses |
(2,085 |
) |
(2,585 |
) |
Depreciation |
(1,139 |
) |
(1,134 |
) |
Depreciation of dry docking costs |
(454 |
) |
(213 |
) |
Administrative expenses |
(463 |
) |
(397 |
) |
Administrative expenses payable to related parties |
(128 |
) |
(136 |
) |
Share-based payments |
(10 |
) |
(10 |
) |
Other (expenses)/income, net |
30 |
|
(4 |
) |
Operating (loss)/profit before financing
activities |
(1,218 |
) |
(960 |
) |
Interest expense and finance costs |
(712 |
) |
(491 |
) |
Gain on derivative financial instruments |
1,424 |
|
- |
|
Foreign exchange (losses)/gains, net |
34 |
|
(84 |
) |
|
|
|
Total comprehensive loss for the period |
(472 |
) |
(1,535 |
) |
|
|
|
Basic & diluted loss per share for the period(1) |
(0.15 |
) |
(0.48 |
) |
Adjusted EBITDA (2) |
374 |
|
387 |
|
(1) The weighted average number of shares for
the three month period ended March 31, 2019 was 3,209,604, compared
to 3,189,678 shares for the three month period ended March 31,
2018.
(2) Adjusted EBITDA represents net earnings
before interest and finance costs net, gains or losses from the
change in fair value of derivative financial instruments, foreign
exchange gains or losses, income taxes, depreciation, depreciation
of dry-docking costs, amortization of fair value of time charter
acquired, impairment and gains or losses on sale of vessels.
Adjusted EBITDA does not represent and should not be considered as
an alternative to total comprehensive income/(loss) or cash
generated from operations, as determined by IFRS, and our
calculation of Adjusted EBITDA may not be comparable to that
reported by other companies. Adjusted EBITDA is not a recognized
measurement under IFRS.
Adjusted EBITDA is included herein because it is
a basis upon which we assess our financial performance and because
we believe that it presents useful information to investors
regarding a company’s ability to service and/or incur indebtedness
and it is frequently used by securities analysts, investors and
other interested parties in the evaluation of companies in our
industry.
Adjusted EBITDA has limitations as an analytical
tool, and you should not consider it in isolation, or as a
substitute for analysis of our results as reported under IFRS. Some
of these limitations are:
- Adjusted EBITDA does not reflect
our cash expenditures or future requirements for capital
expenditures or contractual commitments;
- Adjusted EBITDA does not reflect
the interest expense or the cash requirements necessary to service
interest or principal payments on our debt;
- Adjusted EBITDA does not reflect
changes in or cash requirements for our working capital needs;
and
- Other companies in our industry may
calculate Adjusted EBITDA differently than we do, limiting its
usefulness as a comparative measure.
Because of these limitations, Adjusted EBITDA
should not be considered a measure of discretionary cash available
to us to invest in the growth of our business.
The following table sets forth a reconciliation
of Adjusted EBITDA to total comprehensive loss and net cash (used
in)/ generated from operating activities for the periods
presented:
|
|
|
Three months ended |
|
|
March 31, |
|
(Expressed in thousands of U.S. dollars) |
2019 |
|
2018 |
|
|
(Unaudited) |
|
|
|
Total comprehensive loss for the period |
(472 |
) |
(1,535 |
) |
Interest and finance costs, net |
712 |
|
491 |
|
Foreign exchange losses/(gains) net, |
(35 |
) |
84 |
|
Depreciation |
1,139 |
|
1,134 |
|
Depreciation of dry docking costs |
454 |
|
213 |
|
Gain on derivative financial instruments |
(1,424 |
) |
- |
|
Adjusted EBITDA |
374 |
|
387 |
|
Share-based payments |
10 |
|
20 |
|
Payment of deferred dry docking costs |
(353 |
) |
(120 |
) |
Net (increase)/decrease in operating assets |
(1,135 |
) |
(819 |
) |
Net (decrease)/increase in operating liabilities |
(19 |
) |
651 |
|
Provision for staff retirement indemnities |
1 |
|
1 |
|
Foreign exchange gains/(losses) net, not attributed to cash and
cash equivalents |
(1 |
) |
(20 |
) |
Net cash generated from/(used in) operating
activities |
(1,123 |
) |
100 |
|
|
Three months ended |
|
|
March 31, |
|
(Expressed in thousands of U.S. dollars) |
2019 |
|
2018 |
|
|
(Unaudited) |
Statement of cash flow data: |
|
Net cash (used in)/generated from operating activities |
(1,123 |
) |
100 |
|
Net cash (used in)/generated from investing activities |
- |
|
(26 |
) |
Net cash (used in)/generated from financing activities |
4,034 |
|
(762 |
) |
|
As of March 31, |
As of December 31, |
(Expressed in thousands of U.S. Dollars) |
2019 |
2018 |
|
(Unaudited) |
Consolidated condensed statement of financial
position: |
|
|
Vessels, net |
82,176 |
83,750 |
Other non-current assets |
654 |
130 |
Total non-current assets |
82,830 |
83,880 |
Cash and cash equivalents |
2,957 |
46 |
Other current assets |
4,145 |
2,748 |
Total current assets |
7,102 |
2,794 |
Total assets |
89,932 |
86,674 |
Total equity |
40,588 |
41,050 |
Total debt net of unamortized debt discount |
41,068 |
36,868 |
Other liabilities |
8,276 |
8,756 |
Total
liabilities |
49,344 |
45,624 |
Total equity and liabilities |
89,932 |
86,674 |
Consolidated statement of changes in equity: |
(Expressed in thousands of U.S. Dollars) |
Issued share |
Share |
(Accumulated |
|
Total |
|
|
Capital |
Premium |
Deficit) |
|
Equity |
|
As at December 31, 2018 |
13 |
140,334 |
(99,297 |
) |
41,050 |
|
Loss for the period |
- |
- |
(472 |
) |
(472 |
) |
Share-based payments |
- |
10 |
- |
|
10 |
|
As at March 31,
2019 |
13 |
140,344 |
(99,769 |
) |
40,588 |
|
|
Three months ended March 31, |
|
|
2019 |
|
2018 |
|
|
|
|
|
|
Ownership days (1) |
450 |
|
450 |
|
Available days (2) |
450 |
|
438 |
|
Operating days (3) |
448 |
|
429 |
|
Fleet utilization (4) |
99.6 |
% |
98.1 |
% |
Average number of vessels (5) |
5 |
|
5 |
|
Daily time charter equivalent (“TCE”) rate (6) |
6,736 |
|
8,039 |
|
Daily operating expenses (7) |
4,634 |
|
5,745 |
|
Notes: |
|
|
|
(1) |
|
Ownership days are the aggregate number of days in a period during
which each vessel in our fleet has been owned by us. |
(2) |
|
Available days are the number of ownership days less the aggregate
number of days that our vessels are off-hire due to scheduled
repairs or repairs under guarantee, vessel upgrades or special
surveys. |
(3) |
|
Operating days are the number of available days less the aggregate
number of days that the vessels are off-hire due to any reason,
including unforeseen circumstances but excluding days during which
vessels are seeking employment. |
(4) |
|
We calculate fleet utilization by dividing the number of operating
days during a period by the number of available days during the
period. |
(5) |
|
Average number of vessels is measured by the sum of the number of
days each vessel was part of our fleet during a relevant period
divided by the number of calendar days in such period. |
(6) |
|
TCE rates are our voyage revenues less net revenues from our
bareboat charters less voyage expenses during a period divided by
the number of our available days during the period excluding
bareboat charter days, which is consistent with industry standards.
TCE is a measure not in accordance with GAAP. |
(7) |
|
We calculate daily vessel operating expenses by dividing vessel
operating expenses by ownership days for the relevant time
period excluding bareboat charter days. |
|
|
Voyage
Revenues to Daily Time Charter Equivalent (“TCE”)
Reconciliation |
|
|
|
|
|
Three months |
|
|
ended March 31, |
|
|
2019 |
2018 |
|
|
(Unaudited) |
|
Voyage revenues |
3,543 |
3,938 |
|
Less: Voyage expenses |
512 |
419 |
|
Net revenues excluding
bareboat charter revenues |
3,031 |
3,519 |
|
Available days net of bareboat
charter days |
450 |
438 |
|
Daily TCE rate* |
6,736 |
8,039 |
|
|
|
|
*Subject to
rounding. |
|
|
|
|
About Globus Maritime
LimitedGlobus is an integrated dry bulk shipping company
that provides marine transportation services worldwide and
presently owns, operates and manages a fleet of five dry bulk
vessels that transport iron ore, coal, grain, steel products,
cement, alumina and other dry bulk cargoes internationally. Globus’
subsidiaries own and operate five vessels with a total carrying
capacity of 300,571 Dwt and a weighted average age of 11.1 years as
of March 31, 2019.
Safe Harbor StatementThis
communication contains “forward-looking statements” as defined
under U.S. federal securities laws. Forward-looking statements
provide the Company’s current expectations or forecasts of future
events. Forward-looking statements include statements about the
Company’s expectations, beliefs, plans, objectives, intentions,
assumptions and other statements that are not historical facts or
that are not present facts or conditions. Words or phrases such as
“anticipate,” “believe,” “continue,” “estimate,” “expect,”
“intend,” “may,” “ongoing,” “plan,” “potential,” “predict,”
“project,” “will” or similar words or phrases, or the negatives of
those words or phrases, may identify forward-looking statements,
but the absence of these words does not necessarily mean that a
statement is not forward-looking. Forward-looking statements are
subject to known and unknown risks and uncertainties and are based
on potentially inaccurate assumptions that could cause actual
results to differ materially from those expected or implied by the
forward-looking statements. The Company’s actual results could
differ materially from those anticipated in forward-looking
statements for many reasons specifically as described in the
Company’s filings with the Securities and Exchange Commission.
Accordingly, you should not unduly rely on these forward-looking
statements, which speak only as of the date of this communication.
Globus undertakes no obligation to publicly revise any
forward-looking statement to reflect circumstances or events after
the date of this communication or to reflect the occurrence of
unanticipated events. You should, however, review the factors and
risks Globus describes in the reports it will file from time to
time with the Securities and Exchange Commission after the date of
this communication.
|
|
|
|
|
|
|
|
|
|
|
|
For further information please
contact: |
|
|
|
|
|
|
|
|
|
|
|
|
Globus Maritime Limited |
|
|
|
|
|
|
|
|
|
|
+30 210 960 8300 |
Athanasios Feidakis, CEO |
|
|
|
|
|
|
|
|
|
|
a.g.feidakis@globusmaritime.gr |
|
|
|
|
|
|
|
|
|
|
|
|
Capital Link – New York |
|
|
|
|
|
|
|
|
|
|
+1 212 661 7566 |
Nicolas Bornozis |
|
|
|
|
|
|
|
|
|
|
globus@capitallink.com |
Globus Maritime (NASDAQ:GLBS)
Historical Stock Chart
From Aug 2024 to Sep 2024
Globus Maritime (NASDAQ:GLBS)
Historical Stock Chart
From Sep 2023 to Sep 2024