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.
How C3is makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
NasdaqCM:CISS Revenue, expenses and earnings (USD Millions)
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 (5.9%).
Return on Equity
High ROE: CISS has a negative Return on Equity (1.41%), as it is currently unprofitable.
