C3is Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $1.3M
- Price
- $0.889
- % Change (Daily % change from the live per-ticker quote feed.)
- +3.01%
- Volume
- 392.3K
About
C3is Inc. is a maritime enterprise specializing in global seaborne transport solutions. The company serves a broad spectrum of dry bulk charterers, including both public and private industrial entities, commodity producers and merchants, as well as oil producers, refineries, and other raw material traders. Its operational fleet comprises three dry bulk vessels, which convey substantial cargo like iron ore, coal, and grains, in addition to smaller volume commodities such as bauxite, phosphates, and fertilizers. C3is Inc. also manages an Aframax crude oil tanker, specifically for crude oil shipments. Established in 2021, the firm's primary operations are directed from its base in Athens, Greece.
Quick stats
Shares outstanding1.5M
Computed float326.6K
Float / shares21.9%
Key info
SectorIndustrials
IndustryMarine Shipping
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001951067
Websitehttps://c3is.pro
AI Summary
AI-generated1/16
majorbullishearnings
C3is Inc. reports second quarter and six months 2026 financial and operating results
C3is reported Q2 2026 revenue of $24.0 million, more than doubling the $10.7 million generated in the prior-year period, driven by significantly higher daily Time Charter Equivalent (TCE) rates which jumped to $40,260.
The company swung to a net income of $10.0 million, or $353.87 per basic share, compared to a net loss of $5.3 million in the second quarter of 2025, while adjusted EBITDA surged to $11.8 million.
Cash and time deposits grew to $33.2 million at the end of the quarter, bolstered by a $6.0 million public offering completed in July and strong operating cash flow.
Red flags
- Company executed multiple reverse stock splits from April 2024 to August 2026 to maintain Nasdaq listing compliance