C3is Inc.
Severe listing-compliance risk
The share price is below $1 and the stored reverse-split/listing-risk level is HIGH. No verified reverse-split authorization or announced reverse split is currently recorded. This is a risk signal, not confirmation that Nasdaq has issued a deficiency notice.
CISS · Price history
Price at last available close
$0.49
−$0.46 (-48.72%) 1M
2026-10-28
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Company & revenue
About C3is Inc.
Primary reporting period: 2025-12-31 · Research updated Oct 13, 2026. A research update is not a new financial filing.
Who they are
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.
How they make money
C3is Inc. operates as a ship-owning company that generates revenue primarily by providing seaborne transportation services for dry bulk commodities and crude oil. The company charters its vessels to third-party charterers, including industrial users, commodity producers, and traders, under various charter agreements.
Products & services
The company provides dry bulk and crude oil seaborne transportation services using a fleet of Handysize dry bulk carriers, Aframax oil tankers, and product tankers.
Brands & revenue mix
No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.
Product / operating segments
Period ended 2025-12-31Source
Period ended 2025-12-31Source
Period ended 2025-12-31Source
Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer types
Customer concentration
No quantified customer-concentration disclosure is available in the current saved research.
Suppliers, materials & equipment
No supplier relationships were confirmed in the sources reviewed. This does not mean the company has no suppliers.
Financial risk observations and what to check
These are saved observations about business performance, not predictions. Review the company filings alongside the interpretation below. Latest stored financial period end: 2026-06-30.
Diluted weighted-average shares increased 171.8% year over year.
Compare per-share results with total earnings and inspect the equity footnote. A change in weighted-average shares does not by itself establish the cause, the number of shares issued today, or the economic effect of a split.
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
55
Fair
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
41
Weak
Financial Strength
30
Business Quality / Moat
0
Management
82
Growth Quality
79
Risk / Durability
40
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
84
Attractive
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
70/100
Building Historical Record
Model Score 70/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
Reverse-split / listing-compliance risk: HIGH
This is a risk signal, not a prediction. It is separate from Wall Street Score and does not change the company score. It looks for listing-pressure signals such as prolonged Nasdaq trading below $1, very low share price, micro-cap size, negative free cash flow, and verified recent reverse splits.
Risk indicator: 60/100
WSS View
The quick read
The overall Wall Street Score is mixed across its combined quality, valuation and risk inputs. Review the category scores to identify what is helping or hurting the result.
At today’s price, the WSS valuation framework currently reads as relatively attractive.
The model outlook is currently moderate.
- •Revenue fundamentals score strongly
- •Valuation scores attractively
- •Reverse-split headline · Aug 17, 2026
- •Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for CISS
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •Can CISS maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
- •Is CISS's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
- •How is CISS likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
- •Is CISS's valuation discount tied to a temporary concern or to a longer-term business risk?
- •What does the current fundamental change risk warning mean for the reliability or interpretation of CISS's score?
Essential Investment Snapshot
Wall Street Score
55
Opportunity Score
84
Market Cap
$134K
P/E Ratio
0.0
EPS
$484.47
52-Week High
$33264.00
52-Week Low
$0.88
Beta
1.27
Intrinsic Value
$18652.09
Shares Outstanding
350K
Total Revenue
$51.0M
Total Debt
$64K
Dividend
No current dividend
Liquidation Value / Share
$327.35
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Strong downward momentum
High movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for CISS
Detected from reported data — verify before acting.Reverse-split headline · Aug 17, 2026
C3is Inc. Announces Reverse Stock Split — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.
GlobeNewsWireCommunity Sentiment
0 active · 0 total callsNo personal call yet on CISS.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Positive free cash flow may provide capacity to invest in growth.
Potential downside factors
- −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Marine Shipping industry.
- −Diluted weighted-average shares increased 171.8% year over year.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
6 historical score records availablePrevious Score
70
Sep 14, 2026
Change
-14.6
points
Current Score
55
Oct 1, 2026
Category Changes
CISS decreased 14.6 points because some fundamentals weakened.
Projected Score
Projected Score
55
Projected Change
0.0 points
Preliminary comparable-period financial changes suggest little change. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Review model assumptionsThis model estimate is more than three times the share price.
This is a formula-based estimate, not a verified fair value or price target. Check the earnings and growth assumptions.
Stored EPS: $484.47 · Growth assumption: 10.0% · Earnings multiplier: 28.4×.
Current Price
$0.49
Model Intrinsic Value
$18652.09
Difference
−$18651.61
-100.0% vs IV
Margin of Safety
100.0%
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Revenue | $51.0M | $34.8M | $42.3M | $28.7M | ···· | ···· |
| Cost of Revenue | $33.8M | $30.3M | $28.7M | $16.7M | ···· | ···· |
| Gross Profit | $17.2M | $4.4M | $13.6M | $12.0M | ···· | ···· |
| Research & Development | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· |
| SG&A Expenses | $2.6M | $2.4M | $3.0M | $1.2M | ···· | ···· |
| Operating Expenses | $3.1M | $3.1M | $3.6M | $1.6M | ···· | ···· |
| EBITDA | $25.7M | $17.3M | $5.9M | $14.8M | ···· | ···· |
| Operating Income | $14.1M | $1.4M | $10.1M | $10.4M | ···· | ···· |
| Interest Expense | $250K | $374K | $2.5M | $1.4M | ···· | ···· |
| Income Before Tax | $21.1M | $10.5M | -$2.7M | $9.3M | ···· | ···· |
| Income Tax Expense | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· |
| Net Income | $21.1M | $10.5M | -$2.7M | $9.3M | ···· | ···· |
| Basic EPS | $484.47 | $46.50 | $-514.80 | $29262.57 | ···· | ···· |
| Basic Shares | 23.0K | 90.0K | 15.7K | 291 | ···· | ···· |
| Diluted Shares | 126K | 350K | 15.7K | 291 | ···· | ···· |
Earnings Summary
Revenue
$24.0M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
$79.53
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
+10.0%
Cash Change
+9.2%
Margin Change
+91.1 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
- Margins expanded
- Cash position grew
What Weakened
- Debt increased
Potential Score Impact
Positive indicators included revenue growth, cash levels, net income margin. Pressure indicators included EPS growth, debt levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 123.9%. EPS declined 152.2%. Cash increased 9.2%. Total debt increased 10.0%. Net income margin improved by 91.1 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
Smart Money
Number of Gurus
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
6 historical recordsHistorical Score Chart
3 of 6 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
Related Companies
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C3is Inc. (NASDAQ:CISS) Stock Short Interest Drops 77.8%
C3is Q2 Earnings Call Highlights
C3is Inc. (CISS) Q2 2026 Earnings Call Prepared Remarks Transcript
Rumor Mill · CISS
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
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