Euroseas Ltd. · NASDAQ:ESEA
Euroseas — Q2 2006 Earnings Presentation
20 slides from Euroseas's earnings presentation, Aug 29, 2006
Slide 1: Euroseas Ltd. Second Quarter and Six Months 2006 Earnings Presentation
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Slide 2: Safe Harbor Statement
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Slide 3: Second Quarter and 6 Months 2006 Overview
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Slide 4: Fleet Development
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Slide 5: Current Fleet
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Slide 6: Charter Coverage and Available Days
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Slide 7: Euroseas Fleet Employment
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Slide 8: Our Earnings vs. Market Rates
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Slide 9: Q2 and H1 2006 Financial results and dividend history
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Slide 10: Baltic Dry Index Development
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Slide 11: Fleet Data for Second Quarter and Six Months 2006
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Slide 12: Income Statement for Second Quarter and Six Months 2006
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Slide 13: Balance Sheet Highlights
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Slide 14: Dividend Policy and History
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Slide 15: Conclusion
PB eens LTD Conclusion 15
Slide 16: Looking Ahead
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Slide 17: Euroseas Differentiating Factors
5)+$1"*1'Y-;;"+"%,-*,-%6'K*#,$+1' ! e$%6C e$%6C1,*%&-%6'O'?+$;-,*=D"',+*#E'+"#$+&'$;'?+-%#-?*D1 ! G0"'7-,,*1';*>-D@'0*1'['6"%"+*,-$%1'$;'-%H$DH">"%,'-%'10-??-%6' C$B%"+'$;'*??+$.->*,"D@'Z3i'$;'5)+$1"*1 ! 5.?"+-"%#"'-%'>*%*6-%6'H"11"D1'$;'*%@'*6"' C$?"+*,-%6'#$1,1'*>$%6',0"'D$B"1,'$;'-,1'?""+1' ! 5)+
Slide 18: Appendix
PB eens LTD Appendix 18 CMe LUNE
Slide 19: EBITDA Reconciliation
5LXGY8'R"#$%#-D-*,-$% Three Months Three Months Six Months Six Months Ended Ended Ended Ended June 30, 2005 June 30, 2006 June 30, 2005 June 30, 2006 Net income 6,275,936 6,596,574 14,763,374 10,015,456 Interest and finance 460,659 462,672 456,021 921,606 costs, net (incl. Interest Income) Depreciat
Slide 20: Euroseas Contacts
5)+$1"*1'N$%,*#,1 5)+$1"*1'e,&F 8",0+-$%'N"%,"+ [3:'86F'h$%1,*%,-%$)'!,+"", UWU'2['/*+$)11-:'s+""#" BBBF")+$1"*1F6+ ")+$1"*1o")+$1"*1F6+ G"DF't93C G"DF't93C2U3C 2U3C4U3WUU3'' K*.Ft93C K*.Ft93C2U3C 2U3C4U3WUU $+: G*1$1'81D-&-1 Q-#$D*1'L$+%$I-1 N0-";'K-%*%#-*D'P;;-#"+' X%H"1,$+'R"D*,-$%1 5)+$1"*1'e,&F