C3is Inc.

CISS Industrials Marine Shipping

C3is Inc.’s revenue for fiscal 2025 (year ended December 2025) was $34.8 million, down 17.8% from fiscal 2024.

Revenue
+123.9%
EPS
+100.7%
Free cash flow
+798.3%

Quarter to June 2026, against a year earlier

0.38 0.11 −22.45%
Market cap
$570.0K
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
5/9
Altman Z
0.75
Beneish M
−1.16
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 0.57
Revenue ttm 50.97
Net income ttm 21.07
Free cash flow ttm 13.88
Net debt Q (0.74)
Valuation
P/E 0.00
Forward P/E —
Price / sales 0.00
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.00
Financial health
Current ratio Q 1.68 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q 39.95
Growth
Revenue growth Q +123.93% (above 0%: growing)
Operating income growth Q +819.67% (above 0%: growing)
EPS, this year —
EPS, next year A —
Revenue, next year A —
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 1 5 1 1
Receivables 10 3 4 12
Inventory 1 1 1 3
Other 8 8 15 33
20 16 21 49
2023 2024 2025 Q'26
Payables 1 1 2 3
ST’ Debt — — — —
Other — — — —
40 19 3 29

Compound Annual Growth %

10y 5y 3y
Sales — — 119.48%
Cash Flow — — 56.13%
Earnings — — 96.47%
Book Value — — 34.72%

EPS $

Mar Jun Sep Dec Year
’26 367.88 79.52 — — —
’25 17.01k (49.19k) 2.46k 1.63k 1.11k
’24 93.26k (238.75k) 1.10k (52.76k) (144.17k)
’23 845.26k (924.18k) 1.26m 2.10m 5.29m
’22 (0.04) — — — 620.52k
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 12 24 — — —
’25 9 11 5 11 35
’24 13 11 9 9 42
’23 3 2 10 14 29
’22 1 — — — 3
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 9 4 — — —
’25 3 0 2 (1) 4
’24 15 7 (1) 5 25
’23 1 1 4 0 6
’22 2 — — 1 1
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 9 4 — — —
’25 3 (1) 2 (1) 4
’24 8 12 (1) 5 23
’23 1 1 (1) 0 1
’22 2 — — (38) (38)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — — 6 3 29 42 35 51 +53.4% — — — —
Gross margin, % — — — — — 60.32 57.59 56.76 46.82 36.87 53.45 (23.4) pt
EBT — — — — — 4 1 9 (3) 10 21 +30.5%
EBT margin, % — — — — — 57.53 16.78 32.33 (6.50) 30.13 41.34 (27.4) pt
Net income — — — — — 4 1 9 (3) 10 21 +30.5%
Per share, $
Per share, $ Revenue — — — — — 2.04 0.00 44,528,974.28 422,961.00 108,168.44 2,213.21 +1,418.0%
Earnings — — — — — 1.17 1,456,120.00 13,190,640.00 (144,172.80) 13,019.40 15,364.86 +927.1%
Cash flow — — — — — 0.00 0.00 8,737,372.17 249,761.00 12,454.64 602.82 n/m
Capex — — — — — 0.00 0.00 (6,662,534.86) (16,231.00) (503.87) 0.00 n/m
Free cash flow — — — — — 0.00 0.00 2,074,837.31 233,530.00 11,950.76 602.82 n/m
Book value — — — — — 2.84 0.00 86,061,202.36 713,613.00 295,974.60 4,975.87 +1,696.5%
Shares, m — — — — — 3 0 0 0 0 0 (89.9%)
Valuation, ×
Valuation, × P/E — — — — — 0.81 0.81 0.45 0.00 0.03 0.00 0.4
P/S — — — — — 0.00 0.00 0.00 0.11 0.03 0.00 0.0
P/B — — — — — 0.00 0.00 0.00 0.07 0.01 0.00 0.0
EV/Sales — — — — — 0.00 0.00 (0.02) 0.00 0.01 (0.01) 0.0
EV/FCF — — — — — 0.00 0.00 (0.12) 0.01 0.12 (0.05) 0.0
Cash, $m
Cash, $m Operating cash flow — — — — — 0 1 6 25 4 14 n/m
Capex — — — — — (12) (39) (4) (2) 0 0 (65.7%)
Free cash flow — — — — — 0 (38) 1 23 4 14 n/m
Balance, $m
Balance, $m Working capital — — — — — 3 0 (20) (2) 17 20 +51.6%
Net debt — — — — — 7 — (1) (5) (1) (1) n/m
Shareholders’ equity — — — — — 9 39 56 71 95 115 +81.6%
Returns, %
Returns, % ROA — — — — — 0.00 1.96 12.60 (8.26) 4.20 13.09 +4.2 pt
ROIC — — — — — 0.00 0.89 11.88 9.43 0.90 7.72 +0.9 pt
ROE — — — — — 0.00 2.32 18.06 (12.75) 5.03 16.25 +5.0 pt
People
People Employees — — — — — — — — — — — —
Revenue/emp, $m — — — — — 0.00 0.00 0.00 0.00 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

C3is Inc. vs peers in Marine Shipping (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
PSHG Performance Shipping Inc. $23.6M 0.8× 1.3× +58.30% (above 0%: growing) −66.09% (below 0%: shrinking) −134.71% (below 0%: shrinking) 71.42% 44.82% Compare
USEA United Maritime Corporation $23.3M — (loss-making) 5.8× −19.89% (below 0%: shrinking) 0.00% +273.83% (above 0%: growing) 65.15% 25.60% Compare
VNTG Vantage Corp $13.6M — — — — — — — Compare
CTRM Castor Maritime Inc. $12.4M 0.1× — +42.50% (above 0%: growing) +400.00% (above 0%: growing) −344.84% (below 0%: shrinking) 44.78% 96.08% Compare
HTCO Caravelle International Group $12.1M 0.1× — — n/m +3,267.49% (above 0%: growing) — 0.00% Compare
UFG Uni-Fuels Holdings Limited $10.2M — — — — +62.98% (above 0%: growing) — — Compare
ICON Icon Energy Corp. $4.7M — — — n/m +74.39% (above 0%: growing) 56.39% 1.12% Compare
RUBI Rubico Inc. $960.0K — — — — — — — Compare
CISS C3is Inc. $570.0K — (loss-making) — +123.93% (above 0%: growing) n/m +798.29% (above 0%: growing) 57.54% 40.46%
Median of peers $12.3M 0.1× — +42.50% 0.00% +68.69% 60.77% 25.60%

All 38 Marine Shipping stocks →

C3is Inc. (CISS) Latest News

19 May

Impact 4 · · Moby transcript

23 Apr

Impact 3 · · GlobeNewswire

5 Feb

Impact 3 · · Associated Press Finance

2 Feb

Impact 3 · · Associated Press Finance

30 Jan

Impact 3 · · Associated Press Finance

22 Jan

Impact 3 · · GlobeNewswire

12 Dec

Impact 3 · · GlobeNewswireMT NewswiresMT NewswiresMT NewswiresMT NewswiresMT NewswiresMT Newswires

11 Dec

Impact 3 · · GlobeNewswire

18 Nov

Impact 4 · · The Motley Fool transcript

9 Oct

2 Apr

Impact 4 · · GlobeNewswire
stockrow.com/CISS · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com