CISS Q1 2024 Earnings — C3is Inc. Revenue & Financial Results | Market Cap Arena

CISSC3is Inc.

$1M

Q1 2024 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$13M+305.9% YoY

Gross Profit

$7M52.9% margin

Operating Income

$5M40.2% margin

Net Income

$4M29.6% margin

EPS (Diluted)

$86.61

QoQ Revenue Growth

-7.1%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$15M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$114M

Total Liabilities

$48M

Stockholders' Equity

$66M

Cash & Equivalents

$28M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13M	$3M	+305.9%
Gross Profit	$7M	$1M	+560.4%
Operating Income	$5M	$751,436	+584.0%
Net Income	$4M	$751,353	+404.0%