Q3 2025 C3is Inc Earnings Call Transcript

Nov 18, 2025 / 03:00 PM GMT

Release Date Price: $235.2

Transcript

Key Points

Positve

C3is Inc (CISS) achieved a net income of $5.26 million for the first nine months of 2025, compared to a net loss of $3 million in the same period of 2024, marking a 281% increase.
The company reported an EBITDA of $10 million, up from $3 million in 2024, representing a 245% increase.
C3is Inc (CISS) successfully settled the final outstanding balance of $14.6 million on the Echo Spitfire, enhancing financial flexibility.
The company has no bank debts, which significantly enhances its financial flexibility and reduces financial risk.
C3is Inc (CISS) maintains a high-quality fleet, which reduces operating costs and provides a competitive advantage in securing favorable charters.

Negative

Voyage revenues decreased by 24% compared to the same period in 2024 due to the dry docking of a high-earning vessel.
The time charter equivalent rates of the vessels dropped by 40%, impacting overall revenue.
The cash balance decreased by 48% from the end of 2024, primarily due to the settlement of the Eco Spitfire purchase.
Global oil consumption rose only modestly in Q3, with speculations of an oil supply surplus next year, potentially affecting future earnings.
Geopolitical uncertainties, including US-China trade tensions and regional conflicts, continue to pose risks to market stability and operations.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CISS.OQ - C3is Inc
Q3 2025 C3is Inc Earnings Call
Nov 18, 2025 / 03:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning everyone and welcome to our C3AES 3rd quarter of 2025 earnings conference call and webcast. This is Doctor Diamatis Andrioti of the company. Joining me on the call today is our CFO Nina Pinia.

Before we commence our presentation, I would like to remind you that we will be discussing forward-looking statements which reflect current views with respect to future events and financial performance. And are based on current expectations and assumptions which by nature are inherently uncertain and outside of the company's control.

At this stage, if you could all take a moment to read our disclaimer on slide 2 of this presentation.

I would also like to point out that all amounts quoted, unless otherwise clarified, are

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.