ATHENS, GREECE, February 18, 2026 - Okeanis Eco Tankers Corp. (together with its
subsidiaries, unless context otherwise dictates, "OET" or the "Company") (NYSE:
ECO, OSE: OET) today reported its unaudited condensed financial results for the
fourth quarter and twelve-month period of 2025, which are attached to this press
release.
Financial performance of the Fourth Quarter Ended December 31, 2025
o Revenues of $126.9 million in Q4 2025, compared to $85.2 million in Q4 2024.
o Profit of $59.5 million in Q4 2025, compared to $13.2 million in Q4 2024.
o Vessel operating expenses of $11.5 million in Q4 2025, compared to $9.6
million in Q4 2024.
o Earnings per share of $1.76 in Q4 2025 (based on a weighted average number of
shares of 33,708,192 for the period), compared to $0.41 in Q4 2024.
o Cash (including restricted cash) of $122.5 million as of December 31, 2025,
compared to $54.3 million as of December 31, 2024.
Financial performance of the Twelve Months Ended December 31, 2025
o Revenues of $391.5 million in 12M 2025, compared to $393.2 million in 12M
2024.
o Profit of $123.0 million in 12M 2025, compared to $108.9 million in 12M 2024.
o Vessel operating expenses of $45.2 million in 12M 2025, compared to $42.4
million in 12M 2024.
o Earnings per share of $3.77 in 12M 2025 (based on a weighted average number of
shares of 32,575,740 for the period), compared to $3.38 in 12M 2024.
Alternative performance metrics and market development
o Time charter equivalent* ("TCE", a non-IFRS measure*) revenue of $92.9 million
in Q4 2025.
o EBITDA* and Adjusted EBITDA* (each, a non-IFRS measure*) of $79.3 million and
$79.0 million, respectively, in Q4 2025.
o Adjusted profit* and Adjusted earnings per share* (each, a non-IFRS measure*)
of $59.9 million or $1.78 per basic and diluted share in Q4 2025.
o Fleetwide daily TCE rate* of $76,700 per operating day in Q4 2025