CMDB on NYSE
Costamare Bulkers Holdings Ltd
Costamare Bulkers Holdings Ltd is a water transportation company, listed on NYSE (CMDB).1
Price unavailable
Last updated Oct 21, 2026.
Overview
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- TickerCMDB on NYSE1
- IndustryWater Transportation1
- Headquarters1T1
- Incorporated inMarshall Islands3
- Business addressGildo Pastor, 7 Rue Du Gabian, Monaco, O9 Mc 980003
- Filer categoryNon-accelerated filer, Emerging growth company3
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Costamare Bulkers was incorporated in the Republic of the Marshall Islands by Costamare Inc. on September 29, 2023 under the BCA.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs99¢$589.1M
- Interest1¢$8.1M
Out of $597.2M in revenue.2 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Kept or used elsewhere100¢$75.6M
Out of $75.6M of cash from operations.2
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years (annual) or 1 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Voyage revenue | $597.2M | $0 | |
| Total voyage revenue | $597.2M | $0 | $0 |
| Charter-in hire expenses | -$325.5M | $0 | $0 |
| Vessels' operating expenses | -$57.6M | $0 | $0 |
| General and administrative expenses | -$6.8M | $0 | $0 |
| Management and agency fees - related parties (Note 3) | -$19.6M | $0 | $0 |
| General and administrative expenses - related parties (Note 3) | -$3.9M | $0 | $0 |
| Amortization of dry-docking and special survey costs (Note 6) | -$5.2M | $0 | $0 |
| Depreciation (Note 5) | -$28.4M | $0 | $0 |
| Gain / (loss) on sale of vessels, net (Note 5) | -$11.5M | $0 | $0 |
| Foreign exchange gains | -$303.0K | $0 | $0 |
| Operating loss | -$30.6M | $0 | $0 |
| Interest income | $3.1M | $6.0K | $0 |
| Interest and finance costs, net (Note 11) | -$9.7M | $0 | $0 |
| Other, net | -$13.1M | $0 | $0 |
| Gain / (loss) on derivative instruments, net (Note 13) | $12.9M | $0 | $0 |
| Total other expenses, net | -$6.7M | $6.0K | $0 |
| Net loss | -$37.4M | $6.0K | $0 |
| Earnings / (Losses) per common share, basic and diluted (Note 12) (in dollars per share) | -$2.28 | $1.28 | $0.00 |
| Weighted average number of shares, basic and diluted (in shares) | 16.4M shares | 4.8K shares | 0 shares |
| Period ending | 2023-12-31 |
|---|---|
| Voyage revenue | $0 |
| Interest and finance costs, net (Note 11) | $0 |
| Net loss | $0 |
| Earnings / (Losses) per common share, basic and diluted (Note 12) (in dollars per share) | $0.00 |
| Weighted average number of shares, basic and diluted (in shares) | 0 shares |
No quarterly figures reported.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents (Note 2) | $211.8M | $4.0K | ||
| Margin deposits (Note 16) | $10.8M | $0 | ||
| Inventories (Note 4) | $14.2M | $0 | ||
| Fair value of derivatives (Notes 16 and 18) | $268.0K | $0 | ||
| Insurance claims receivable | $4.8M | $0 | ||
| Prepayments and other assets | $24.7M | $0 | ||
| Total current assets | $293.6M | $6.0K | ||
| Vessels, net (Note 5) | $565.5M | $0 | ||
| Total fixed assets, net | $565.5M | $0 | ||
| Deferred charges, net (Note 6) | $18.4M | $0 | ||
| Operating leases, right-of-use assets (Note 8) | $41.7M | $0 | ||
| Restricted cash, non-current (Note 2) | $3.6M | $2.1M | ||
| Total assets | $929.4M | $2.1M | ||
| Current portion of long-term debt, net of deferred financing costs (Note 7) | $15.0M | $0 | ||
| Operating lease liabilities, current portion (Note 8) | $39.2M | $0 | ||
| Accrued liabilities | $9.7M | $0 | ||
| Unearned revenue (Note 9) | $11.9M | $0 | ||
| Fair value of derivatives (Notes 16 and 18) | $825.0K | $0 | ||
| Other current liabilities | $15.4M | $0 | ||
| Total current liabilities | $123.2M | $2.1M | ||
| Long-term debt, net of current portion and deferred financing costs (Note 7) | $140.6M | $0 | ||
| Total non-current liabilities | $140.6M | $0 | ||
| Preferred stock (par value $0.0001, 100,000,000 preferred shares authorized, as of December 31, 2024 and 2025. Nil and 235 Series B Preferred shares issued and outstanding as of December 31, 2024 and 2025, respectively.) (Note 11) | $0 | $0 | ||
| Common stock (par value $0.0001, 1,000,000,000 common shares authorized as of December 31, 2024 and 2025. 10,000 and 24,362,000 shares issued; and 10,000 and 24,180,472 shares outstanding as of December 31, 2024 and 2025, respectively) (Note 11) | $2.0K | $0 | ||
| Additional paid-in capital | $703.0M | $0 | ||
| Retained earnings / (Accumulated deficit) | -$37.3M | $6.0K | ||
| Total stockholders' equity | $665.6M | $6.0K | $0 | $0 |
| Total liabilities and stockholders' equity | $929.4M | $2.1M | ||
| Preferred stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Preferred stock, shares authorized (in shares) | 100.0M shares | 100.0M shares | ||
| Preferred stock, shares issued (in shares) | 235 shares | 0 shares | ||
| Preferred stock, shares outstanding (in shares) | 235 shares | 0 shares | ||
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, shares authorized (in shares) | 1.0B shares | 1.0B shares | ||
| Common stock, shares issued (in shares) | 24.4M shares | 10.0K shares | ||
| Common stock, shares outstanding (in shares) | 24.2M shares | 10.0K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents (Note 2) | $211.8M | $4.0K | ||
| Margin deposits (Note 16) | $10.8M | $0 | ||
| Inventories (Note 4) | $14.2M | $0 | ||
| Fair value of derivatives (Notes 16 and 18) | $268.0K | $0 | ||
| Insurance claims receivable | $4.8M | $0 | ||
| Prepayments and other assets | $24.7M | $0 | ||
| Total current assets | $293.6M | $6.0K | ||
| Vessels, net (Note 5) | $565.5M | $0 | ||
| Total fixed assets, net | $565.5M | $0 | ||
| Deferred charges, net (Note 6) | $18.4M | $0 | ||
| Operating leases, right-of-use assets (Note 8) | $41.7M | $0 | ||
| Restricted cash, non-current (Note 2) | $3.6M | $2.1M | ||
| Total assets | $929.4M | $2.1M | ||
| Current portion of long-term debt, net of deferred financing costs (Note 7) | $15.0M | $0 | ||
| Operating lease liabilities, current portion (Note 8) | $39.2M | $0 | ||
| Accrued liabilities | $9.7M | $0 | ||
| Unearned revenue (Note 9) | $11.9M | $0 | ||
| Fair value of derivatives (Notes 16 and 18) | $825.0K | $0 | ||
| Other current liabilities | $15.4M | $0 | ||
| Total current liabilities | $123.2M | $2.1M | ||
| Long-term debt, net of current portion and deferred financing costs (Note 7) | $140.6M | $0 | ||
| Total non-current liabilities | $140.6M | $0 | ||
| Preferred stock (par value $0.0001, 100,000,000 preferred shares authorized, as of December 31, 2024 and 2025. Nil and 235 Series B Preferred shares issued and outstanding as of December 31, 2024 and 2025, respectively.) (Note 11) | $0 | $0 | ||
| Common stock (par value $0.0001, 1,000,000,000 common shares authorized as of December 31, 2024 and 2025. 10,000 and 24,362,000 shares issued; and 10,000 and 24,180,472 shares outstanding as of December 31, 2024 and 2025, respectively) (Note 11) | $2.0K | $0 | ||
| Additional paid-in capital | $703.0M | $0 | ||
| Retained earnings / (Accumulated deficit) | -$37.3M | $6.0K | ||
| Total stockholders' equity | $665.6M | $6.0K | $0 | $0 |
| Total liabilities and stockholders' equity | $929.4M | $2.1M | ||
| Preferred stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Preferred stock, shares authorized (in shares) | 100.0M shares | 100.0M shares | ||
| Preferred stock, shares issued (in shares) | 235 shares | 0 shares | ||
| Preferred stock, shares outstanding (in shares) | 235 shares | 0 shares | ||
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, shares authorized (in shares) | 1.0B shares | 1.0B shares | ||
| Common stock, shares issued (in shares) | 24.4M shares | 10.0K shares | ||
| Common stock, shares outstanding (in shares) | 24.2M shares | 10.0K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net loss: | -$37.4M | $6.0K | $0 |
| Depreciation | $28.4M | $0 | $0 |
| Amortization and write-off of financing costs | $881.0K | $0 | $0 |
| Amortization of deferred dry-docking and special survey costs | $5.2M | $0 | $0 |
| Equity based payments from Parent | $2.1M | $0 | $0 |
| Gain on derivative instruments, net | -$5.3M | $0 | $0 |
| (Gain)/ loss on sale of vessels, net | $11.5M | $0 | $0 |
| Accounts receivable and margin deposits | $32.3M | -$2.0K | $0 |
| Due from related parties | $6.7M | $0 | $0 |
| Inventories | $25.7M | $0 | $0 |
| Insurance claims receivable | -$2.1M | $0 | $0 |
| Prepayments and other | $17.8M | $0 | $0 |
| Accounts payable | -$2.2M | $0 | $0 |
| Due to related parties | -$3.7M | $0 | $0 |
| Accrued liabilities | -$2.2M | $0 | $0 |
| Unearned revenue | -$2.5M | $0 | $0 |
| Other liabilities | $5.9M | $0 | $0 |
| Dry-dockings | -$5.6M | $0 | $0 |
| Accrued charter revenue | $2.0K | $0 | $0 |
| Net Cash provided by / (used in) Operating Activities | $75.6M | $4.0K | $0 |
| Proceeds from the settlement of insurance claims | $427.0K | $0 | $0 |
| Cash acquired from acquisition of subsidiaries (Note 1) | $22.8M | $0 | $0 |
| Vessel acquisition and advances/Additions to vessel cost | -$31.7M | $0 | $0 |
| Proceeds from the sale of vessels, net | $83.0M | $0 | $0 |
| Net Cash provided by / (used in) Investing Activities | $74.5M | $0 | $0 |
| Proceeds from long-term debt | $15.3M | $0 | $0 |
| Repayment of long-term debt | -$182.5M | $0 | $0 |
| Payment of financing costs | -$103.0K | $0 | $0 |
| Cash advance from parent company | $0 | $2.1M | $0 |
| Cash contribution in relation to the Spin-Off (Note 1) | -$230.6M | $0 | $0 |
| Net Cash provided by/ (used in) Financing Activities | $63.3M | $2.1M | $0 |
| Net increase/ (decrease) in cash, cash equivalents and restricted cash | $213.4M | $2.1M | $0 |
| Cash paid during the period for interest | $8.6M | $0 | $0 |
| Right-of-use assets obtained in exchange for operating lease obligations | $36.3M | $0 | $0 |
No quarter-by-quarter statement was filed.
Corporate structure
Costamare Bulkers Holdings Ltd sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Costamare Bulkers Holdings Ltd
- Achillefs Konstantakopoulos Filed SCHEDULE 13D on Costamare Bulkers Holdings Ltd, latest Jul 20, 2026 (3 filings since May 6, 2025)
- Konstantinos Konstantakopoulos Filed SCHEDULE 13D/A on Costamare Bulkers Holdings Ltd, latest Oct 20, 2025 (3 filings since May 6, 2025)
- DIMENSIONAL FUND ADVISORS LP Filed SCHEDULE 13G on Costamare Bulkers Holdings Ltd, latest Jul 15, 2025
- Christos Konstantakopoulos Filed SCHEDULE 13G on Costamare Bulkers Holdings Ltd, latest May 6, 2025
- Costamare Bulkers Holdings Ltd 1T
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Costamare Bulkers Holdings Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $565.5M2 Dec 31, 2025 | $02 Dec 31, 2024 | |
| Operating-lease assets (leased space) | $41.7M2 Dec 31, 2025 | $02 Dec 31, 2024 |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $211.8M2 Dec 31, 2025 | $4.0K2 Dec 31, 2024 | +5296025.0% |
Inventory
Leadership
Who has led Costamare Bulkers Holdings Ltd, and when. Pick a name to see everywhere that person has worked.
- Chief executive officerGrigorios Zikos Mar 18, 2026 to now5
- Chief financial officerDimitrios Pagratis Mar 18, 2026 to now6
Board members and other officers (4)
- Board memberDimitrios Sofianopoulos Mar 18, 2026 to now7
- Board memberGrigorios Zikos Mar 18, 2026 to now5
- Board memberKaterina Eleftheriou Mar 18, 2026 to now8
- Board memberPeter De Place Lund Mar 18, 2026 to now9
Timeline
- Mar 18, 2026New chief executive Grigorios Zikos becomes CEO5
Calendar
Coming up
- Nov 13, 2026Reports results for the quarter ending Sep/202610
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
56 filings to the SEC since October 2021: 1 annual reports, 8 insider forms, 8 large holders, 39 other. The latest 20:
- Oct 8, 20266-K EDGAR
- Aug 18, 20266-K EDGAR
- Aug 14, 20266-K 6K EDGAR
- Aug 7, 20264 EDGAR
- Aug 6, 2026144 EDGAR
- Aug 3, 20266-K EDGAR
- Jul 20, 2026SCHEDULE 13D EDGAR
- Jul 17, 20266-K EDGAR
- Jul 6, 2026SCHEDULE 13G/A EDGAR
- Jun 2, 20266-K EDGAR
- May 13, 20266-K EDGAR
- Mar 31, 20264 EDGAR
- Mar 31, 20266-K EDGAR
- Mar 30, 202620-F 20F EDGAR
- Mar 18, 20263 EDGAR
- Mar 18, 20263 EDGAR
- Mar 18, 20263 EDGAR
- Mar 18, 20263 EDGAR
- Mar 18, 20263 EDGAR
- Mar 18, 20263 EDGAR
The 56 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
2 open-market trades by officers, directors and large owners since October 2021: 1 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 6, 2026 | Zikos GrigoriosChief Executive Officer | Sale | 24,203 | $18.30 | $442.9K | Form 4 |
| Mar 27, 2026 | Eleftheriou KaterinaDirector | Buy | 65 | $15.11 | $982 | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Achillefs KonstantakopoulosSCHEDULE 13D, 3 filings May 6, 2025 to Jul 20, 202611
- Konstantinos KonstantakopoulosSCHEDULE 13D/A, 3 filings May 6, 2025 to Oct 20, 202512
- DIMENSIONAL FUND ADVISORS LPSCHEDULE 13G, 1 filing Jul 15, 202513
- Christos KonstantakopoulosSCHEDULE 13G, 1 filing May 6, 202514
SEC filer profile
How Costamare Bulkers Holdings Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARCostamare Bulkers Holdings Ltd1
- CIK0002033535
- Filer statusNon-accelerated filer an emerging growth company; not a shell company4
- Incorporated inMarshall Islands4
- Fiscal year endsDecember 311
- Industry code (SIC)4400 Water Transportation1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business addressGildo Pastor, 7 Rue Du Gabian, Monaco, O9 MC 980001
- Phone377 92 00 17451
- Shares outstanding24,180,472 Common Stock shares; 235 Preferred Stock Purchase Rights shares as of Dec 31, 20254
- AuditorErnst & Young (Hellas) Certified Auditors Accountants S.A., Athens, Greece PCAOB ID 1457; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceSep 3, 20241
- Filings56 in all: 6-K (20), 3 (6), 20FR12B/A (3), DRSLTR (3), SCHEDULE 13G (3), UPLOAD (3), 144 (2), 4 (2)1
All 20 form types
SCHEDULE 13D (2), SCHEDULE 13D/A (2), 20-F (1), 20FR12B (1), CERT (1), CORRESP (1), DRS (1), DRS/A (1), EFFECT (1), F-3 (1), SCHEDULE 13G/A (1), SEC STAFF ACTION (1)
- Latest filingsAnnual report (20-F) Mar 30, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, $0.0001 par value per share | CMDB | New York Stock Exchange |
| Preferred stock purchase rights | New York Stock Exchange |
From the cover page of the 20-F filed Mar 30, 2026 (Section 12(b) of the Exchange Act).4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8SEC EDGARKaterina Eleftheriou, Board member
- 9SEC EDGARPeter De Place Lund, Board member
- 10NasdaqNasdaq calendar
- 11
- 12
- 13
- 14