Euroseas Ltd. · NASDAQ:ESEA

Euroseas — Q4 2005 Earnings Presentation

24 slides from Euroseas's earnings presentation, March 2006

  1. Slide 1: Fourth Quarter and Full Year 2005 Earnings Release

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  2. Slide 2: Safe Harbor Statement

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  3. Slide 3: Company Introduction / History

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  4. Slide 4: Euroseas Ltd. Company Introduction and Financial Highlights

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  5. Slide 5: A pivotal year for Euroseas

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  6. Slide 6: Euroseas Fleet of Vessels

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  7. Slide 7: Financial results and dividend history

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  8. Slide 8: Income Statement

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  9. Slide 9: Fleet Data

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  10. Slide 10: Select Financials: Balance Sheet

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  11. Slide 11: Dividend Policy / History

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  12. Slide 12: Business strategy

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  13. Slide 13: Our Business Strategy

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  14. Slide 14: Euroseas Fleet Employment

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  15. Slide 15: Vessels Employment Chart

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  16. Slide 16: Own Earnings Vs. Market Rates

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  17. Slide 17: Industry Overview

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  18. Slide 18: Market Rate Developments

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  19. Slide 19: Dry Bulk / Container Trade Growth

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  20. Slide 20: China Is The Driving Force

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  21. Slide 21: Fleet Development

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  22. Slide 22: Euroseas Contacts

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  23. Slide 23: Appendix

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  24. Slide 24: Appendix: EBITDA Reconciliation

    "QQFOEJY&#*5%"3FDPODJMJBUJPO Three Months Three Months Full Year Full Year Ended Ended Ended Ended December 31, December 31, December December 31, 2004 2005 31, 2004 2005 Net income 8,421,827 4,721,478 30,611,765 25,178,454 Interest and finance costs, net 135,267 174,852 521,215 1,035,414 Depreciati

Euroseas — Q4 2005 Earnings Presentation on 6ix