StealthGas, Inc. (GASS) Q3 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Stealthgas, Inc..

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.438 Thank you for standing by. Welcome to the Stealth Gas third quarter 2025 results conference 00:00:05.438 -- 00:00:09.844 call. At this time, all participants are in listen-only mode. 00:00:09.844 -- 00:00:12.067 Please be advised that this conference is being recorded. 00:00:12.067 -- 00:00:17.134 I would now like to hand the conference over to our speaker today, Harry Vafias, CEO 00:00:17.134 -- 00:00:20.576 of the Stealth Gas. Please go ahead. 00:00:20.859 -- 00:00:25.846 Good morning, everybody, and welcome to our Q3 2025 earnings conference call. 00:00:25.846 -- 00:00:29.541 This is Harry Vafias, the CEO of And joining me today is Mrs. 00:00:29.541 -- 00:00:32.345 Sistovares from our investor relations. 00:00:32.345 -- 00:00:35.649 Before we commence our presentation, I'd like to remind you that we'll be discussing 00:00:35.649 -- 00:00:40.275 forward-looking statements which reflect current views with respect to future events 00:00:40.275 -- 00:00:44.861 and financial performance and are subject to material risks and uncertainties. 00:00:44.861 -- 00:00:51.329 So if you could all take a moment to read our disclaimer on slide two of this presentation. 00:00:51.329 -- 00:00:55.655 Risks are further disclosed in our filings with the SEC. 00:00:55.655 -- 00:01:00.025 So let's proceed with slide three. I'll give you some highlights. 00:01:00.025 -- 00:01:05.033 In our LPG market, the third quarter is traditionally the weakest quarter due to the 00:01:05.033 -- 00:01:10.361 seasonality in demand. This was the case this year as well, and we did incur increased 00:01:10.361 -- 00:01:15.508 idle time on the spot vessels. Despite that, the revenues we produced were high, 00:01:15.508 -- 00:01:20.936 coming in at 44.5 million, 10% higher...