Business Context and Reporting Period
StealthGas Inc., a foreign private issuer based in Athens, Greece, filed Form 6-K on February 20, 2009. The filing reports financial results for the fourth quarter and fiscal year ended December 31, 2008, via a press release issued on February 19, 2009.
Key Financial Metrics
The filing text provided contains only the cover page and explanatory notes of the Form 6-K. It references an attached press release (Exhibit 99.1) containing the financial data but does not include the specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity within this document.
Dividend: The company announced a quarterly cash dividend of $0.1875 per common share.
Material Changes and Corrections
The filing includes a correction to the original press release issued on February 19, 2009. The version attached as Exhibit 99.1 eliminates the line item "Current liabilities" from the "LIABILITIES AND EQUITY" section of the Unaudited Condensed Consolidated Balance Sheets. No other changes were made to the original release.
Guidance, Outlook, and Risks
The provided text does not contain management commentary, future guidance, specific risk factors, or details on contingencies beyond the administrative correction noted above.
Investor Verification Checklist
- Verify the specific revenue, net income, and cash flow figures in the attached Exhibit 99.1 press release, as they are not present in the cover document.
- Confirm the updated balance sheet structure excluding the "Current liabilities" line item as described in the explanatory note.
- Review the full press release for details on the $0.1875 per share dividend payment schedule.
- Check for any subsequent filings regarding the impact of the balance sheet correction on total liabilities.