C3is Inc. (CISS)

C3is Inc. Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	42.3	28.74	7.89
Revenue Growth (YoY)	47.17%	264.29%	-
Cost of Revenue	15.07	8.05	1.42
Gross Profit	27.23	20.69	6.47
Selling, General & Admin	3.56	1.6	0.48
Other Operating Expenses	7.42	4.56	3.32
Operating Expenses	17.16	10.26	5.14
Operating Income	10.06	10.43	1.32
Interest Expense	-2.47	-1.37	-0
Interest & Investment Income	0.95	0.04	-
Currency Exchange Gain (Loss)	-0.16	0.2	-0
Other Non Operating Income (Expenses)	-11.13	-	-
Pretax Income	-2.75	9.29	1.32
Net Income	-2.75	9.29	1.32
Preferred Dividends & Other Adjustments	5.34	0.76	-
Net Income to Common	-8.09	8.53	1.32
Net Income Growth	-	601.91%	-
Shares Outstanding (Basic)	0	-	-
Shares Outstanding (Diluted)	0	-	-
EPS (Basic)	-25.73	-	-
EPS (Diluted)	-25.73	-	-
Free Cash Flow	23.35	1.34	-92.02
Free Cash Flow Per Share	74.29	-	-
Gross Margin	64.37%	71.99%	81.95%
Operating Margin	23.79%	36.29%	16.79%
Profit Margin	-19.12%	29.67%	16.78%
Free Cash Flow Margin	55.21%	4.66%	-1166.46%
EBITDA	16.24	14.53	2.66
EBITDA Margin	38.40%	50.57%	33.77%
D&A For EBITDA	6.18	4.1	1.34
EBIT	10.06	10.43	1.32
EBIT Margin	23.79%	36.29%	16.79%
Revenue as Reported	42.3	28.74	7.89

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q