Intercont (Cayman) Ltd. has reported its unaudited financial results for the first half of fiscal 2025, covering the six months ended December 31, 2024. The company's total revenues saw an 8% increase, reaching approximately $13.4 million, compared to $12.4 million in the same period of 2023. This growth was primarily attributed to higher charter days, with reduced operational downtime compared to the previous period, which had been affected by dry-docking and major repairs. The gross profit for the period increased by 14%, amounting to approximately $3.8 million, up from $3.4 million in the same timeframe of the prior year. Despite these improvements, net income fell by 43% to approximately $0.9 million, down from $1.6 million in the same period of 2023. As of December 31, 2024, Intercont (Cayman) Ltd. reported $4.9 million in cash and cash equivalents, a rise from $3.8 million as of June 30, 2024. A significant development for the company was the completion of its IPO on March 28, 2025, which generated total gross proceeds of $10.5 million, with net proceeds of $9,495,024 received after deducting underwriting discounts and other offering expenses.