C3is Inc. Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	38.08	42.3	28.74	7.89
Revenue Growth (YoY)	-19.83%	47.17%	264.29%	-
Cost of Revenue	16.68	15.07	8.05	1.42
Gross Profit	21.41	27.23	20.69	6.47
Selling, General & Admin	2.84	3.56	1.6	0.48
Other Operating Expenses	8.26	7.42	4.56	3.32
Operating Expenses	17.6	17.16	10.26	5.14
Operating Income	3.81	10.06	10.43	1.32
Interest Expense	-1.14	-2.47	-1.37	-0
Interest & Investment Income	0.49	0.95	0.04	-
Currency Exchange Gain (Loss)	0.1	-0.16	0.2	-0
Other Non Operating Income (Expenses)	4.56	-11.13	-	-
Pretax Income	7.81	-2.75	9.29	1.32
Net Income	7.81	-2.75	9.29	1.32
Preferred Dividends & Other Adjustments	4.31	5.34	0.76	-
Net Income to Common	3.5	-8.09	8.53	1.32
Net Income Growth	736.71%	-	601.91%	-
Shares Outstanding (Basic)	1	0	-	-
Shares Outstanding (Diluted)	1	0	-	-
EPS (Basic)	6.22	-25.73	-	-
EPS (Diluted)	5.74	-25.73	-	-
Free Cash Flow	6.37	23.35	1.34	-92.02
Free Cash Flow Per Share	11.30	74.29	-	-
Gross Margin	56.22%	64.37%	71.99%	81.95%
Operating Margin	10.00%	23.79%	36.29%	16.79%
Profit Margin	9.20%	-19.12%	29.67%	16.78%
Free Cash Flow Margin	16.72%	55.21%	4.66%	-1166.46%
EBITDA	10.31	16.24	14.53	2.66
EBITDA Margin	27.07%	38.40%	50.57%	33.77%
D&A For EBITDA	6.5	6.18	4.1	1.34
EBIT	3.81	10.06	10.43	1.32
EBIT Margin	10.00%	23.79%	36.29%	16.79%
Revenue as Reported	38.08	42.3	28.74	7.89

Updated Sep 2, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q