C3is Q4 2025 daily TCE USD 19,469 up 24%

Reuters
02/19
C3is Q4 2025 daily TCE USD 19,469 up 24%

C3is $(CISS)$ reported Q4 2025 revenue of USD 10.55 million (+24% in daily TCE to USD 19,469), with net income of USD 5.21 million and EBITDA of USD 6.74 million; basic EPS was USD 5.88. For FY 2025, C3is posted revenue of USD 34.76 million, net income of USD 10.47 million, and EBITDA of USD 17.02 million, with basic EPS of USD 46.81. Cash, cash equivalents and time deposits totaled USD 14.9 million at Dec. 31, 2025. Operationally, fleet operational utilization was 93.5% in Q4 2025 (vs. 90.2% in Q4 2024). The company said its handysize dry bulk carriers are on short-term time charters, while its Aframax tanker is trading spot and is “currently achieving” voyage charter rates of around USD 60,000 per day; all vessels are unencumbered. C3is also highlighted a non-cash gain on warrants of USD 2.51 million in Q4 2025, completed a 1-for-20 reverse stock split on Jan. 26, 2026, and announced agreements signed in December 2025 and January 2026 to acquire two MR product tankers for USD 39.8 million, financed by a one-year interest-free loan, with deliveries expected in 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. C3is Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001165673-en) on February 19, 2026, and is solely responsible for the information contained therein.

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