Company: CMRE-PC
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001140361-25-005199
Chunk: 1

Company: Costamare Inc.
Filing Date: 2025-02-20
Form: 20-F
Item: Item 3
Chunk 1
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 and cash flow;
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•   Declines in the value of our derivative instruments, such as forward freight agreements, could have an adverse effect on our future performance, results of operations, cash flows and financial position;
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•   Our investment in the leasing business exposes us to financial and counterparty risks, which could adversely affect our business, financial position, results of operations and cash flow;
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•   Our managers may be unable to attract and retain qualified, skilled crews on our behalf necessary to operate our business or may pay rising crew wages and other vessel operating costs;
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•   Fuel, or bunker, price fluctuations may have an adverse effect on our cash flows, liquidity and our ability to pay dividends to our stockholders;
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•   We must make substantial capital expenditures to maintain the operating capacity of our fleet, which may reduce or eliminate the amount of cash available for distribution to our stockholders;
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•   The derivative contracts we have entered into to hedge our exposure to fluctuations in interest rates, foreign currencies, bunker prices and freight rates can result in reductions in our stockholders’ equity as well as
                                                                                                    reductions in our income;                                                                                                 
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•   We are subject to regulation and liability under environmental and operational safety laws that could require significant expenditures and affect our cash flows and net income;
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•   Our business depends upon certain members of our senior management who may not necessarily continue to work for us;
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•   Our chairman and chief executive officer has affiliations with our managers and others that could create conflicts of interest between us and our managers or other entities in which he has an interest;
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•   Our managers are privately held companies and there is little or no publicly available information about them; and
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•   Being active in multiple lines of business, including managing multiple fleets, requires management to allocate significant attention and resources, and failure to successfully or efficiently manage each line of business may
                                                                                                harm our business and operating results.                                                                                            
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Risks Relating to Our Securities
 

•   The price of our securities may be volatile and future sales of our equity securities could cause the market price of our securities to decline;
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•   Investors may view our having multiple lines of business, including ownership of multiple fleets, negatively