Okeanis Eco Tankers Corp. (ECO) Q1 2025 Earnings Call

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WEBVTT 00:00:00.672 -- 00:00:06.318 Welcome to OET's first quarter 2025 financial results presentation. 00:00:06.318 -- 00:00:09.061 We will begin shortly. Aristidis 00:00:09.061 -- 00:00:14.327 Alafouzos, CEO, and Iraklis Sparounis, CFO of Acanis EcoTankers, 00:00:14.327 -- 00:00:18.572 will take you through the presentation. They will be pleased to address any questions 00:00:18.572 -- 00:00:21.755 raised at the end of the call via the webcast. 00:00:21.755 -- 00:00:24.518 I would like to advise you that this session is being recorded. 00:00:24.518 -- 00:00:27.802 Iraklis will begin the presentation now. 00:00:27.802 -- 00:00:29.802 Thank 00:00:29.924 -- 00:00:35.010 you. um welcome to the presentation of vocani's cycle tankers results for the 00:00:35.010 -- 00:00:37.513 first quarter of 2025. 00:00:37.513 -- 00:00:41.459 we'll discuss models of the forward-looking nature and actual results may differ from 00:00:41.459 -- 00:00:45.805 the expectations reflected in such forward-looking statements please read through the 00:00:45.805 -- 00:00:51.193 relevant disclaimer on slide two starting on slide four and 00:00:51.193 -- 00:00:53.794 uh the executive summary 00:00:53.957 -- 00:00:57.693 i'm pleased to present the highlights of the first quarter of 2025. 00:00:57.693 -- 00:01:02.940 We achieved fleet-wide time-charted equivalent of about $38,500 per 00:01:02.940 -- 00:01:09.670 vessel per day. Our VFCCs were at $38,000, and our sewage maxes at $39,200. 00:01:09.670 -- 00:01:11.833 We report 00:01:11.833 -- 00:01:14.717 adjusted EBITDA of $32.5 00:01:14.717 -- 00:01:20.265 million, adjusted net profit of $11.4 million, and adjusted EPS 00:01:20.265 -- 00:01:23.306 of $0.36. Continuing 00:01:23.349 -- 00:01:27.628 to deliver on our commitment to distribute value to ...