Icon Energy Corp. has released its unaudited interim financial results for the three-month period ending March 31, 2025. The company reported a revenue of $1.525 million, marking an increase from $1.360 million in the same period the previous year. However, the company recorded a net loss of $2.977 million for the period, a significant deviation from the net income of $430,000 reported in the first quarter of 2024. Icon Energy Corp., incorporated in 2023, provides seaborne transportation services for dry bulk cargoes globally. The company operates a fleet of oceangoing vessels, chartering them to dry bulk operators, commodity traders, and end users. As of March 31, 2025, Icon Energy owns several vessels, although specific details on the fleet size or any changes in the business operations were not provided in the latest financial statement. There was no specific outlook or guidance for future periods included in this release.
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