Despite a challenging market environment with declining rates and geopolitical uncertainties, Imperial Petroleum achieved significant revenue and net income growth, maintained a strong cash position, expanded its fleet, and remained debt-free. The company's strategic decisions appear to be paying off, positioning it well for future growth.

Company Guidance

During the Q1 2025 conference call for Imperial Petroleum, the company provided a comprehensive update on its operational and financial performance, despite facing a volatile market environment influenced by geopolitical factors. CEO Harry Vafias and Interim CFO Fenia Sakellari reported a quarterly revenue of $32.1 million and a net income of $11.3 million, marking a 22.5% increase in revenue and a 190% rise in net income compared to Q4 2024. The company's strong cash position was emphasized, with $227 million in cash reserves, which is three times higher than its market cap, and a debt-free balance sheet. The fleet expansion strategy was highlighted, with the addition of seven new ships, increasing the fleet size to 19 vessels. Despite a 22% revenue decline compared to Q1 2024 due to lower market rates, Imperial Petroleum maintained profitability, driven by strategic fleet employment and an improved market in March 2025. The presentation also noted the impact of geopolitical events, such as U.S. sanctions and trade tariffs, on tanker rates, while operational efficiencies, including increased time charter activity, helped reduce voyage costs. Overall, the company expressed confidence in its growth trajectory and operational strategy, focusing on diversifying its fleet and capitalizing on market opportunities.

Revenue and Net Income Growth

Revenues increased by $5.9 million (22.5%) compared to Q4 '24, reaching $32.1 million, while net income rose by $7.4 million, an increase of almost 190%.

Strong Cash Position

Imperial Petroleum ended Q1 '25 with a cash base close to $227 million, which is about three times higher than its current market cap.

Fleet Expansion

Imperial Petroleum is expanding its fleet from four to 19 vessels by Q2 '25, with an addition of 7 ships, increasing fleet size by 60%.

Debt-Free Status

The company remains debt-free, contributing to its strong financial position and ability to generate profit.

Strategic Fleet Additions

Imperial Petroleum is adding dry bulk carriers to its fleet, which have lower operational costs and can contribute additional cash flow.

Imperial Petroleum (IMPP) 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

Daily Earnings Calendar >

IMPP Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 28, 2025	2025 (Q3)	-0.04 / -	0.32	―	―	―
Jul 23, 2025	2025 (Q2)	0.04 / -	1.46	―	―	―
May 23, 2025	2025 (Q1)	0.04 / 0.34	0.59	-42.37% (-0.25)
Feb 13, 2025	2024 (Q4)	0.26 / 0.12	-0.02	700.00% (+0.14)
Dec 02, 2024	2024 (Q3)	0.26 / 0.32	0.43	-25.58% (-0.11)
Aug 27, 2024	2024 (Q2)	0.42 / 1.46	1.001	45.85% (+0.46)	―	―
May 16, 2024	2024 (Q1)	0.23 / 0.59	35.595	-98.34% (-35.00)	―	―
Feb 13, 2024	2023 (Q4)	-0.02 / -0.02	0.694	-102.88% (-0.71)	―	―
Oct 25, 2023	2023 (Q3)	- / 0.43	1.218	-64.70% (-0.79)	―	―
Aug 10, 2023	2023 (Q2)	- / 1.00	0.007	14200.00% (+0.99)	―	―

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

IMPP Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 23, 2025	$3.20	$3.26	+1.87%
May 23, 2025	$2.48	$2.78	+12.10%
Feb 13, 2025	$2.94	$2.84	-3.40%
Dec 02, 2024	$3.18	$3.03	-4.72%

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 Imperial Petroleum, Inc. (IMPP) report earnings?

Imperial Petroleum, Inc. (IMPP) is schdueled to report earning on Oct 28, 2025, Before Open (Confirmed).

What is Imperial Petroleum, Inc. (IMPP) earnings time?

Imperial Petroleum, Inc. (IMPP) earnings time is at Oct 28, 2025, Before Open (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?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is IMPP EPS forecast?

IMPP EPS forecast for the fiscal quarter 2025 (Q3) is -0.05.

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