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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	47.5	28.74	7.89
Revenue Growth (YoY)	-	264.29%	-
Cost of Revenue	13.57	8.05	1.42
Gross Profit	33.94	20.69	6.47
Selling, General & Admin	3.34	1.6	0.48
Other Operating Expenses	6.31	4.56	3.32
Operating Expenses	15.35	10.26	5.14
Operating Income	18.59	10.43	1.32
Interest Expense	-3.06	-1.36	-0.33
Interest & Investment Income	0.68	0.04	-
Currency Exchange Gain (Loss)	-0.09	0.2	-0
Other Non Operating Income (Expenses)	-15.18	-0	0.32
Pretax Income	0.93	9.29	1.32
Net Income	0.93	9.29	1.32
Preferred Dividends & Other Adjustments	3.98	0.76	-
Net Income to Common	-3.05	8.53	1.32
Net Income Growth	-	601.91%	-
Shares Outstanding (Basic)	1	0	0
Shares Outstanding (Diluted)	1	0	0
Shares Change (YoY)	-	95.65%	-
EPS (Basic)	-2.44	157.28	-
EPS (Diluted)	-2.44	63.08	-
Free Cash Flow	19.41	1.34	-92.02
Free Cash Flow Per Share	15.49	9.16	-1232.17
Gross Margin	71.44%	71.99%	81.95%
Operating Margin	39.13%	36.29%	16.79%
Profit Margin	-6.42%	29.67%	16.78%
Free Cash Flow Margin	40.87%	4.66%	-1166.46%
EBITDA	24.28	14.53	2.66
EBITDA Margin	51.11%	50.57%	33.77%
D&A For EBITDA	5.69	4.1	1.34
EBIT	18.59	10.43	1.32
EBIT Margin	39.13%	36.28%	16.79%
Revenue as Reported	47.5	28.74	7.89

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