Global Ship Lease Reports Results for the Fourth Quarter of 2025

About this update from Green Scientific Labs Holdings Inc Class A

[{"type":"text","content":"Global Ship Lease Reports Results for the Fourth Quarter of 2025\nForward contract cover locked in for 99% of 2026 and 81% of 2027. Earnings, cashflow, forward visibility, and return of capital to shareholders materially increased y-o-y maximizing strategic optionality. Annualized dividend increased to $2.50 per Class A Common Share. ATHENS, Greece, March 05, 2026 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company”, “Global Ship Lease” or “GSL”), an owner of containerships, announced today its unaudited results for the three months and year ended December 31, 2025. Full Year and Fourth Quarter Highlights and Other Recent Developments - 4Q 2025 operating revenue of $190.9 million. Full year operating revenue of $766.5 million, up 7.8% on 2024. - 4Q 2025 net income available to common shareholders of $100.2 million, or $2.79 Earnings per Share (“EPS”). Full year 2025 net income available to common shareholders of $406.9 million, or $11.40 EPS, up 18.3% on 2024. - 4Q 2025 normalized net income (a non-U.S. GAAP financial measure, described below)3 of $83.2 million, or $2.32 normalized EPS³. Full year 2025 normalized net income of $366.4 million, or $10.26 normalized EPS, up 3.9% on 2024. - 4Q 2025 Adjusted EBITDA (a non-U.S. GAAP financial measure, described below)3 of $124.7 million. Full year 2025 Adjusted EBITDA of $521.4 million; up 5.4% on 2024. - Added $1.26 billion of contracted revenues during 2025 and the first two months of 2026, bringing total contracted revenues as of December 31, 2025, as adjusted to include all charters agreed through February 28, 2026, to $2.24 billion, over a weighted average remaining duration of 2.7 years. - On February 11, 2026, declared a dividend of $0.625 per Class A common share for the fourth quarter of 2025, to be paid on or about March 6, 2026 to common shareholders of record as of February 24, 2026. Paid a dividend of $0.625 per Class A common share for the third quarter of 2025 on December 4, 2025. - On December 1, 2025, announced the purchase of three 8,600 TEU Korean built containerships with ECO upgrades (the “Three Newly Acquired Vessels”) for an aggregate purchase price of $90.0 million. The Three Newly Acquired Vessels have attached charters with a leading liner company. Two of the Thr...

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