C3is (CISS) Net Margin % : -21.32% (As of Jun. 2023)

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What is C3is Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. C3is's Net Income for the three months ended in Jun. 2023 was $-0.36 Mil. C3is's Revenue for the three months ended in Jun. 2023 was $1.70 Mil. Therefore, C3is's net margin for the quarter that ended in Jun. 2023 was -21.32%.

The historical rank and industry rank for C3is's Net Margin % or its related term are showing as below:

CISS' s Net Margin % Range Over the Past 10 Years
Min: 0.86 Med: 35.12 Max: 36.15
Current: 0.86

CISS's Net Margin % is ranked worse than
77.63% of 970 companies
in the Transportation industry
Industry Median: 5.33 vs CISS: 0.86

C3is Net Margin % Historical Data

The historical data trend for C3is's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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C3is Net Margin % Chart

C3is Annual Data

Trend

Dec21

Dec22

Dec23

Net Margin %

36.15

34.09

C3is Quarterly Data
	Jun21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial			45.63	-	14.72	-21.32	-

Competitive Comparison of C3is's Net Margin %

For the Marine Shipping subindustry, C3is's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

C3is's Net Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, C3is's Net Margin % distribution charts can be found below:

* The bar in red indicates where C3is's Net Margin % falls into.

C3is Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

C3is's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	9.292	/	27.259
	=	34.09 %

C3is's Net Margin for the quarter that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	-0.363	/	1.703
	=	-21.32 %

C3is (NAS:CISS) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

C3is Net Margin % Related Terms

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C3is (CISS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » C3is Inc (NAS:CISS) » Definitions » Net Margin %

Traded in Other Exchanges

N/A

Address

331 Kifissias Avenue, Erithrea, Athens, GRC, 14561

Website

https://www.c3is.pro

C3is Inc is a provider of international seaborne transportation services to dry bulk charterers, including major national and private industrial users, commodity producers and traders. The company owns and operates a fleet of two dry bulk carriers that transport major bulks such as iron ore, coal and grains, and minor bulks such as bauxite, phosphate and fertilizers. The total cargo-carrying capacity of our fleet is approximately 64,000 dwt.