C3is Past Earnings Performance
Past criteria checks 0/6
C3is's earnings have been declining at an average annual rate of -162.3%, while the Shipping industry saw earnings growing at 40.5% annually. Revenues have been growing at an average rate of 160.6% per year.
Key information
-162.3%
Earnings growth rate
n/a
EPS growth rate
| Shipping Industry Growth | 51.9% |
| Revenue growth rate | 160.6% |
| Return on equity | 1.4% |
| Net Margin | -6.4% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How C3is makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 48 | -3 | 3 | 0 |
| 31 Mar 24 | 38 | 12 | 3 | 0 |
| 31 Dec 23 | 29 | 9 | 2 | 0 |
| 31 Dec 22 | 8 | 1 | 0 | 0 |
Quality Earnings: CISS is currently unprofitable.
Growing Profit Margin: CISS is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if CISS's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare CISS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CISS is unprofitable, making it difficult to compare its past year earnings growth to the Shipping industry (3%).
Return on Equity
High ROE: CISS has a negative Return on Equity (1.41%), as it is currently unprofitable.