C3is Inc. (CISS)

C3is Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	46.66	28.74	7.89
Revenue Growth (YoY)	491.48%	264.29%	-
Cost of Revenue	15.22	8.05	1.42
Gross Profit	31.44	20.69	6.47
Selling, General & Admin	3.4	1.6	0.48
Other Operating Expenses	7.08	4.56	3.32
Operating Expenses	16.41	10.26	5.14
Operating Income	15.03	10.43	1.32
Interest Expense	-2.89	-1.36	-0.33
Interest & Investment Income	0.86	0.04	-
Currency Exchange Gain (Loss)	0.03	0.2	-0
Other Non Operating Income (Expenses)	-10.36	-0	0.32
Pretax Income	2.68	9.29	1.32
Net Income	2.68	9.29	1.32
Preferred Dividends & Other Adjustments	3.98	0.76	-
Net Income to Common	-1.31	8.53	1.32
Net Income Growth	102.22%	601.91%	-
Shares Outstanding (Basic)	3	0	0
Shares Outstanding (Diluted)	3	0	0
Shares Change (YoY)	3899.10%	95.65%	-
EPS (Basic)	-0.44	157.28	-
EPS (Diluted)	-0.44	63.08	-
Free Cash Flow	18.83	1.34	-92.02
Free Cash Flow Per Share	6.31	9.16	-1232.17
Gross Margin	67.38%	71.99%	81.95%
Operating Margin	32.22%	36.29%	16.79%
Profit Margin	-2.80%	29.67%	16.78%
Free Cash Flow Margin	40.36%	4.66%	-1166.46%
EBITDA	20.97	14.53	2.66
EBITDA Margin	44.94%	50.57%	33.77%
D&A For EBITDA	5.93	4.1	1.34
EBIT	15.03	10.43	1.32
EBIT Margin	32.22%	36.28%	16.79%
Revenue as Reported	46.66	28.74	7.89

Source: S&P Capital IQ. Standard template. Financial Sources.