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C3is Inc. (CISS)
NASDAQ:CISS
US Market

C3is Inc. (CISS) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Aug 29, 2025
TBA Not Confirmed
Period Ending
2025 (Q2)
Consensus EPS Forecast
Last Year’s EPS
-2.8
Same Quarter Last Year
Based on 0 Analysts Ratings

Earnings Call Summary

Earnings Call Date:May 15, 2025
|
% Change Since: -3.48%
|
Next Earnings Date:Aug 29, 2025
Earnings Call Sentiment|Neutral
The earnings call presented robust revenue growth and fleet expansion without incurring bank debt, indicating solid financial management. However, challenges such as decreased daily time charter rates, increased expenses, and a net income decrease balanced the positive aspects.
Company Guidance
During the C3is Fourth Quarter Earnings Conference Call, the company provided guidance highlighting several key metrics. For the fiscal year 2024, C3is reported revenues of $42.3 million, marking a 47% increase from 2023. The Aframax tanker, Afrapearl II, was a major contributor, accounting for 76% of total revenues. The company's net revenues were $28 million, up by 33% compared to the previous year, while the adjusted EBITDA rose by 11% to $16.4 million. Despite a 10% decrease in Time Charter Equivalent (TCE) rates to $21,000 per day, the company maintained a strong financial position with a cash balance of $12.6 million by year-end, a 39% increase from 2023. Capital expenditures amounted to $41 million, including $39.5 million for Afrapearl II and a 10% down payment of $1.62 million on the Eco Spitfire bulk carrier. The company operates a fleet of four vessels with a total capacity of 213,000 deadweight tons, reflecting a growth of 234% since its inception. Despite geopolitical challenges and market fluctuations, C3is remains optimistic about future growth and profitability, particularly with potential favorable U.S. policies under the Trump administration.
Significant Revenue Growth
Revenues for 2024 increased by 47% to $42.3 million compared to 2023, with net revenues growing by 33%.
Fleet Expansion
Added the Eco Spitfire Handysize drybulk carrier, increasing fleet capacity by 234% since company's inception, without incurring bank debt.
Strong Cash Balance
Cash balance at the end of Q4 2024 was $12.6 million, a 39% increase from year-end 2023, despite significant CapEx payments.
Positive Adjusted EBITDA
Adjusted EBITDA increased by 11% to $16.4 million from 2023.
No Bank Debt
The company maintained no bank debt while expanding its fleet.

C3is Inc. (CISS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

CISS Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Aug 29, 2025
2025 (Q2)
- / -
-2.797
May 15, 2025
2025 (Q1)
- / 0.29
86.61-99.66% (-86.32)
Mar 11, 2025
2024 (Q4)
- / 0.13
956.175-99.99% (-956.04)
Nov 18, 2024
2024 (Q3)
- / 3.99
1569.795-99.75% (-1565.81)
Aug 22, 2024
2024 (Q2)
- / -41.96
-171.1875.49% (+129.22)
May 28, 2024
2024 (Q1)
- / 86.61
365.985-76.34% (-279.38)
Mar 26, 2024
2023 (Q4)
- / 956.17
Nov 03, 2023
2023 (Q3)
- / 1569.80
Sep 01, 2023
2023 (Q2)
- / -171.18
Jun 23, 2023
2023 (Q1)
- / 365.99
-67.125645.23% (+433.11)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

CISS Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 15, 2025
$3.74$3.75+0.27%
Mar 11, 2025
$4.38$4.32-1.37%
Nov 18, 2024
$16.65$15.60-6.31%
Aug 22, 2024
$22.05$20.55-6.80%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does C3is Inc. (CISS) report earnings?
C3is Inc. (CISS) is schdueled to report earning on Aug 29, 2025, TBA Not Confirmed.
    What is C3is Inc. (CISS) earnings time?
    C3is Inc. (CISS) earnings time is at Aug 29, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
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          What is CISS EPS forecast?
          Currently, no data Available
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