Costamare Inc. (CMRE) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.156 Thank you for standing by, ladies and gentlemen, and welcome to the Customer, Inc. 00:00:04.156 -- 00:00:09.583 conference call on the fourth quarter 2025 financial results. 00:00:09.583 -- 00:00:15.311 We have with us Mr. Gregory Zicos, Chief Financial Officer of the company. 00:00:15.311 -- 00:00:18.775 At this time, all participants are in a listen-only mode. 00:00:18.775 -- 00:00:23.161 There will be a presentation followed by a question and answer session, at which time, 00:00:23.161 -- 00:00:27.547 if you would like to ask a question, please press star 1 on your telephone keypad and 00:00:27.547 -- 00:00:32.842 wait for your name to be announced. I must advise you that this conference is being recorded 00:00:32.842 -- 00:00:38.090 today, Wednesday, February 18th, 2026. I would like to remind 00:00:38.090 -- 00:00:42.156 you that this conference contains forward-looking statements. 00:00:42.156 -- 00:00:46.683 Please take a moment to read slide number two of the presentation, which contains the 00:00:46.683 -- 00:00:49.244 forward-looking statements. 00:00:50.189 -- 00:00:52.212 And I will now pass the floor to your speaker. 00:00:52.212 -- 00:00:55.717 Mr. Zicos, please go ahead, sir. 00:00:55.717 -- 00:00:58.013 Thank you, and good morning, ladies and gentlemen. 00:00:58.013 -- 00:01:02.519 During the fourth quarter of the year, the company generated a net income of about $73 00:01:02.519 -- 00:01:07.566 million. The income for the whole year was about $370 million, with liquidity of 00:01:07.566 -- 00:01:09.468 $590 million. 00:01:09.468 -- 00:01:14.435 Executing on our strategy of securing long-term cash flows from high-quality counterparties 00:01:14.435 -- 00:01:19.221 in a healthy market environment, we have forward-cha...