Globus Maritime has widened its losses for the fourth quarter despite improving revenue for the three-month period.
The New York-listed company posted a $1.35m net loss compared to a $1.28m deficit a year earlier.
While revenue improved 10% to $4.4m, operating costs ticked up to $2.6m from $2.4m.
Loss for the year fell sharply to $3.57m from $6.48m as revenue jumped to $17.4m
