C3is Past Earnings Performance
Past criteria checks 3/6
C3is has been growing earnings at an average annual rate of 601.9%, while the Shipping industry saw earnings growing at 48.3% annually. Revenues have been growing at an average rate of 264.3% per year. C3is's return on equity is 16.7%, and it has net margins of 32.3%.
Key information
601.9%
Earnings growth rate
312.0%
EPS growth rate
| Shipping Industry Growth | 51.9% |
| Revenue growth rate | 264.3% |
| Return on equity | 16.7% |
| Net Margin | 32.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 31 Dec 23 | 29 | 9 | 2 | 0 |
| 31 Dec 22 | 8 | 1 | 0 | 0 |
Quality Earnings: CISS has high quality earnings.
Growing Profit Margin: CISS's current net profit margins (32.3%) are higher than last year (16.8%).
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 past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: CISS earnings growth over the past year (601.9%) exceeded the Shipping industry -41.2%.
Return on Equity
High ROE: CISS's Return on Equity (16.7%) is considered low.