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	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	38.17	42.3	28.74	7.89
Revenue Growth (YoY)	-0.53%	47.17%	264.29%	-
Cost of Revenue	15.07	15.07	8.05	1.42
Gross Profit	23.1	27.23	20.69	6.47
Selling, General & Admin	2.75	3.56	1.6	0.48
Other Operating Expenses	7.78	7.42	4.56	3.32
Operating Expenses	16.94	17.16	10.26	5.14
Operating Income	6.16	10.06	10.43	1.32
Interest Expense	-2.05	-2.47	-1.37	-0
Interest & Investment Income	0.89	0.95	0.04	-
Currency Exchange Gain (Loss)	0.02	-0.16	0.2	-0
Other Non Operating Income (Expenses)	-3.63	-11.13	-	-
Pretax Income	1.38	-2.75	9.29	1.32
Net Income	1.38	-2.75	9.29	1.32
Preferred Dividends & Other Adjustments	3.27	5.34	0.76	-
Net Income to Common	-1.89	-8.09	8.53	1.32
Net Income Growth	-88.79%	-	601.91%	-
Shares Outstanding (Basic)	0	0	-	-
Shares Outstanding (Diluted)	0	0	-	-
EPS (Basic)	-4.50	-25.73	-	-
EPS (Diluted)	-20.25	-25.73	-	-
Free Cash Flow	11.85	23.35	1.34	-92.02
Free Cash Flow Per Share	28.24	74.29	-	-
Gross Margin	60.51%	64.37%	71.99%	81.95%
Operating Margin	16.13%	23.79%	36.29%	16.79%
Profit Margin	-4.95%	-19.12%	29.67%	16.78%
Free Cash Flow Margin	31.05%	55.21%	4.66%	-1166.46%
EBITDA	12.58	16.24	14.53	2.66
EBITDA Margin	32.95%	38.40%	50.57%	33.77%
D&A For EBITDA	6.42	6.18	4.1	1.34
EBIT	6.16	10.06	10.43	1.32
EBIT Margin	16.13%	23.79%	36.29%	16.79%
Revenue as Reported	38.17	42.3	28.74	7.89

Updated Apr 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q