Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
CISS
Upturn stock ratingUpturn stock rating

C3is Inc. (CISS)

Upturn stock ratingUpturn stock rating
$2.43
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

09/17/2025: CISS (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -27.24%
Avg. Invested days 37
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/17/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 2.51M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta 1.63
52 Weeks Range 2.85 - 23.25
Updated Date 06/29/2025
52 Weeks Range 2.85 - 23.25
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -42.46

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 3.62%
Operating Margin (TTM) 14.23%

Management Effectiveness

Return on Assets (TTM) 3.54%
Return on Equity (TTM) 1.9%

Valuation

Trailing PE -
Forward PE -
Enterprise Value -13158905
Price to Sales(TTM) 0.07
Enterprise Value -13158905
Price to Sales(TTM) 0.07
Enterprise Value to Revenue 0.35
Enterprise Value to EBITDA 0.67
Shares Outstanding 780768
Shares Floating 554546
Shares Outstanding 780768
Shares Floating 554546
Percent Insiders 27.14
Percent Institutions 5.62

ai summary icon Upturn AI SWOT

C3is Inc.

stock logo

Company Overview

overview logo History and Background

C3is Inc., formerly known as FreeSeas Inc., focuses on shipping transportation services. It was founded in 2005 and has evolved, facing restructuring and name changes. The company has navigated challenging market conditions in the shipping industry.

business area logo Core Business Areas

  • Dry Bulk Shipping: C3is Inc. operates in the dry bulk shipping sector, providing transportation of commodities such as iron ore, coal, and grain.

leadership logo Leadership and Structure

The leadership team consists of key executives focused on operational efficiency and strategic decision-making. The organizational structure is typical of a small shipping company, with departments for operations, finance, and chartering.

Top Products and Market Share

overview logo Key Offerings

  • Voyage Chartering: C3is Inc. primarily provides voyage chartering services. Market share is minimal and variable. Competitors include larger shipping companies like Star Bulk Carriers Corp. (SBLK) and Genco Shipping & Trading Limited (GNK).

Market Dynamics

industry overview logo Industry Overview

The dry bulk shipping industry is highly cyclical and influenced by global economic conditions, trade flows, and supply/demand dynamics of vessels.

Positioning

C3is Inc. is a small player in a highly competitive market. Its competitive advantage, if any, lies in its ability to secure cost-effective chartering agreements and operate efficiently.

Total Addressable Market (TAM)

The global dry bulk shipping market is valued in the hundreds of billions of USD. C3is Inc. holds a minute fraction, therefore, positioning will depend on chartering agreements.

Upturn SWOT Analysis

Strengths

  • Operational experience in dry bulk shipping
  • Established relationships with charterers (potentially)
  • Small size allows for agility

Weaknesses

  • Small fleet size limits economies of scale
  • High financial leverage (potentially)
  • Dependence on volatile shipping rates
  • Lack of significant market share

Opportunities

  • Expansion of fleet through acquisitions (if financially feasible)
  • Diversification into different vessel types or routes
  • Improved operational efficiency and cost management
  • Strategic alliances or partnerships

Threats

  • Fluctuations in global economic growth and trade
  • Overcapacity in the shipping industry
  • Increased fuel costs and environmental regulations
  • Geopolitical risks and trade wars

Competitors and Market Share

competitor logo Key Competitors

  • SBLK
  • GNK
  • DRYS
  • SHIP

Competitive Landscape

C3is Inc. faces intense competition from larger, more established shipping companies with greater financial resources and economies of scale. The company has a significant disadvantage regarding market share and operating power.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been limited and inconsistent.

Future Projections: Future growth is highly uncertain and depends on market conditions and the company's ability to secure profitable charters.

Recent Initiatives: Recent initiatives might include cost-cutting measures and fleet optimization.

Summary

C3is Inc. is a struggling small shipping company operating in a highly competitive and volatile industry. Its financial performance has been inconsistent, and shareholder returns have been poor. The company needs to improve its operational efficiency and financial stability, but faces significant external threats. Its future success hinges on its ability to secure profitable charters and manage costs effectively.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Company Website
  • Industry Reports

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered financial advice. The shipping industry is highly volatile, and past performance is not indicative of future results.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About C3is Inc.

Exchange NASDAQ
Headquaters -
IPO Launch date 2023-06-22
CEO, President & Director Dr. Diamantis Andriotis
Sector Industrials
Industry Marine Shipping
Full time employees -
Full time employees -

C3is Inc. offers international seaborne transportation services. The company provides its services to dry bulk charterers, including national and private industrial users, commodity producers and traders, oil producers, refineries, and commodities traders and producers. It owns and operates three drybulk carriers, which transport major bulks, such as iron ore, coal, and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers; and one Aframax crude oil tanker that transports crude oil. The company was founded in 2021 and is based in Athens, Greece.