CISS Q2 2024 Earnings — C3is Inc. Revenue & Financial Results | Market Cap Arena

CISSC3is Inc.

$1M

Q2 2024 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$11M+535.7% YoY

Gross Profit

$4M38.4% margin

Operating Income

$3M31.5% margin

Net Income

-$12M-108.6% margin

EPS (Diluted)

$-41.96

QoQ Revenue Growth

-15.4%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$5M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$137M

Total Liabilities

$71M

Stockholders' Equity

$66M

Cash & Equivalents

$32M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$11M	$2M	+535.7%
Gross Profit	$4M	-$12,470	+33402.6%
Operating Income	$3M	-$363,962	+1036.1%
Net Income	-$12M	-$363,230	-3136.8%