Imperial Petroleum Inc./Marshall Islands

$IMPP Market Cap: $90.09 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$147.5M

TTM

Gross Margin

61.7%

TTM

Net Earnings

$54.76M

TTM

Current Assets

$197.8M

Q2 2024

Current Liabilities

$13.73M

Q2 2024

Current Ratio

1440.2%

Q2 2024

Total Assets

$412.6M

Q2 2024

Total Liabilities

$13.78M

Q2 2024

Book Value

$398.8M

Q2 2024

Cash

$69.74M

Q2 2024

P/E

1.645

Nov 29, 2024 EST

Free Cash Flow

-$19.71M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2011	2010	2009	2008	2007
Revenue	$183.7M	$97.02M	$17.36M	$20.30M	$13.33M	$110.0M	$5.660M	$1.070M	$1.850M	$1.143M
YoY Change	89.37%	458.78%	-14.48%	52.31%		1842.93%	428.97%	-42.16%	61.85%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2011	2010	2009	2008	2007
Revenue	$183.7M	$97.02M	$17.36M	$20.30M	$13.33M	$110.0M	$5.660M	$1.070M	$1.850M	$1.143M
Cost Of Revenue	$60.28M	$32.60M	$3.366M	$2.944M	$406.0K	$96.79M	$5.130M	$990.0K	$1.490M	$744.0K
Gross Profit	$123.4M	$64.41M	$14.00M	$17.36M	$12.92M	$13.18M	$530.0K	$80.00K	$370.0K	$399.0K
Gross Profit Margin	67.19%	66.39%	80.61%	85.5%	96.95%	11.99%	9.36%	7.48%	20.0%	34.91%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2011	2010	2009	2008	2007
Selling, General & Admin	$6.541M	$2.819M	$1.142M	$723.1K	$696.9K	$4.300M	$1.140M	$380.0K	$760.0K	$1.905M
YoY Change	132.01%	146.82%	57.97%	3.75%		277.19%	200.0%	-50.0%	-60.1%
% of Gross Profit	5.3%	4.38%	8.16%	4.17%	5.39%	32.63%	215.09%	475.0%	205.41%	477.44%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$15.63M	$12.29M	$8.675M	$8.644M	$8.613M	$880.0K	$190.0K	$380.0K	$620.0K	$915.0K
YoY Change	27.16%	41.68%	0.36%	0.36%		363.16%	-50.0%	-38.71%	-32.24%
% of Gross Profit	12.66%	19.08%	61.98%	49.8%	66.65%	6.68%	35.85%	475.0%	167.57%	229.32%
Operating Expenses	$56.62M	$34.60M	$17.48M	$17.71M	$13.30M	$5.180M	$1.330M	$520.0K	$1.030M	$2.055M
YoY Change	63.66%	97.89%	-1.3%	33.2%		289.47%	155.77%	-49.51%	-49.88%
Operating Profit	$66.83M	$29.82M	-$3.486M	-$355.4K	-$375.0K	$8.000M	-$800.0K	-$440.0K	-$660.0K	-$1.656M
YoY Change	124.12%	-955.4%	880.85%	-5.22%		-1100.0%	81.82%	-33.33%	-60.14%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2011	2010	2009	2008	2007
Interest Expense	$6.938M	$1.302M	-$8.940K	-$28.34K	$7.460K	-$1.650M	-$440.0K	-$1.840M	-$2.240M	-$2.453M
YoY Change	433.05%	-14659.4%	-68.45%	-479.89%		275.0%	-76.09%	-17.86%	-8.68%
% of Operating Profit	10.38%	4.36%				-20.63%
Other Income/Expense, Net	-$1.822M	-$1.610M	-$145.0K	-$10.01K	-$7.660K	-$440.0K	-$300.0K	-$10.00K	$190.0K	$0.00
YoY Change	13.15%	1010.37%	1348.65%	30.68%		46.67%	2900.0%	-105.26%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2011	2010	2009	2008	2007
Pretax Income	$71.13M	$29.51M	-$3.640M	-$393.8K	-$375.2K	$6.430M	-$17.82M	$10.79M	-$2.590M	-$3.244M
YoY Change	141.04%	-910.74%	824.42%	4.95%		-136.08%	-265.15%	-516.6%	-20.16%
Income Tax						$350.0K				$0.00
% Of Pretax Income						5.44%
Net Earnings	$71.13M	$29.51M	-$3.640M	-$393.8K	-$375.2K	$6.070M	-$17.82M	$10.79M	-$2.590M	-$3.244M
YoY Change	141.04%	-910.74%	824.42%	4.95%		-134.06%	-265.15%	-516.6%	-20.16%
Net Earnings / Revenue	38.72%	30.42%	-20.96%	-1.94%	-2.81%	5.52%	-314.84%	1008.41%	-140.0%	-283.81%
Basic Earnings Per Share	$3.22	$0.19	-$0.79	-$0.08
Diluted Earnings Per Share	$3.10	$0.16	-$25.48K	-$2.757K	-$2.627K	$213.7K	-$990.0K	$646.5K	-$159.0K	-$282.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2011	2010	2009	2008	2007
Cash & Short-Term Investments	$91.93M	$50.90M	$3.390M	$6.452M	$8.803M	$900.0K	$30.00K	$70.00K	$260.0K	$789.0K
YoY Change	80.6%	1401.58%	-47.46%	-26.71%		2900.0%	-57.14%	-73.08%	-67.05%
Cash & Equivalents	$91.93M	$50.90M	$3.390M	$6.452M	$8.803M	$900.0K	$30.00K	$20.00K	$190.0K	$589.0K
Short-Term Investments								$50.00K	$80.00K	$200.0K
Other Short-Term Assets	$32.56M	$69.42M	$601.8K	$1.479M	$80.28K	$1.070M	$420.0K
YoY Change	-53.09%	11435.76%	-59.3%	1741.75%		154.76%
Inventory	$7.291M	$5.507M	$258.9K	$836.0K	$131.5K	$1.290M	$140.0K
Prepaid Expenses
Receivables	$51.41M	$8.799M	$1.755M	$665.9K	$181.2K	$4.890M	$120.0K	$60.00K	$880.0K	$423.0K
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$10.00K	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$183.2M	$134.6M	$6.006M	$9.432M	$9.196M	$8.160M	$710.0K	$130.0K	$1.150M	$1.212M
YoY Change	36.07%	2141.62%	-36.33%	2.57%		1049.3%	446.15%	-88.7%	-5.12%
Property, Plant & Equipment	$180.8M	$226.4M	$120.0M	$128.7M	$136.4M	$14.16M	$12.22M	$3.010M	$4.880M	$4.296M
YoY Change	-20.1%	88.68%	-6.78%	-5.66%		15.88%	305.98%	-38.32%	13.59%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$12.80M
YoY Change
Other Assets	$0.00	$5.600M	$2.500M			$1.440M			$250.0K	$593.0K
YoY Change	-100.0%	124.0%							-57.84%
Total Long-Term Assets	$193.6M	$232.0M	$122.5M	$128.7M	$136.4M	$16.37M	$12.42M	$3.010M	$5.120M	$4.889M
YoY Change	-16.51%	89.41%	-4.84%	-5.66%		31.8%	312.62%	-41.21%	4.72%
Total Assets	$376.8M	$366.6M	$128.5M	$138.1M	$145.6M	$24.53M	$13.13M	$3.140M	$6.270M	$6.101M
YoY Change
Accounts Payable	$8.277M	$8.115M	$1.430M	$1.193M	$523.1K	$1.310M	$2.900M	$470.0K	$1.180M	$1.109M
YoY Change	1.99%	467.42%	19.89%	128.05%		-54.83%	517.02%	-60.17%	6.4%
Accrued Expenses	$3.009M	$1.982M	$486.7K	$390.9K	$75.67K	$5.180M	$5.220M	$720.0K	$680.0K	$431.0K
YoY Change	51.77%	307.32%	24.49%	416.61%		-0.77%	625.0%	5.88%	57.77%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$10.46M	$11.74M		$12.53M	$0.00
YoY Change						-10.9%
Long-Term Debt Due	$0.00	$10.18M	$4.748M			$1.240M	$2.070M	$530.0K	$960.0K	$600.0K
YoY Change	-100.0%	114.35%				-40.1%	290.57%	-44.79%	60.0%
Total Short-Term Liabilities	$14.53M	$24.38M	$8.634M	$4.059M	$1.925M	$21.10M	$22.48M	$1.840M	$15.82M	$2.608M
YoY Change	-40.41%	182.38%	112.69%	110.86%		-6.14%	1121.74%	-88.37%	506.6%
Long-Term Debt	$0.00	$59.79M	$23.09M	$0.00	$0.00	$2.540M	$5.930M			$10.70M
YoY Change	-100.0%	158.95%				-57.17%
Other Long-Term Liabilities						$470.0K	$440.0K	$410.0K	$350.0K	$151.0K
YoY Change						6.82%	7.32%	17.14%	131.79%
Total Long-Term Liabilities	$0.00	$59.79M	$23.09M	$0.00	$0.00	$3.010M	$6.370M	$410.0K	$350.0K	$10.85M
YoY Change	-100.0%	158.95%				-52.75%	1453.66%	17.14%	-96.77%
Total Liabilities	$14.53M	$84.17M	$31.72M	$4.059M	$1.925M	$24.10M	$28.85M	$2.250M	$16.16M	$13.46M
YoY Change	-82.74%	165.32%	681.45%	110.86%		-16.46%	1182.22%	-86.08%	20.1%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	18.60M	128.4M	4.775M	4.775M
Diluted Shares Outstanding	22.93M	128.8M	4.775M	4.775M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $90.085 Million

About Imperial Petroleum Inc./Marshall Islands

Imperial Petroleum, Inc. operates as a ship-owning company. The company is headquartered in Athina, Attiki. The company went IPO on 2021-12-06. The firm specialized in the transportation of various petroleum and petrochemical products in liquefied form. As of March 15, 2022, the Company's fleet consists of 4 vessels (oil product and crude oil tankers) with a total of more than 250 DWT.

Industry: Deep Sea Foreign Transportation of Freight Peers: Stabilis Solutions, Inc. Mirage Energy Corp Evolve Transition Infrastructure LP ENTERPRISE PRODUCTS PARTNERS L.P. EzFill Holdings Inc MARTIN MIDSTREAM PARTNERS L.P. NGL Energy Partners LP Summit Midstream Partners, LP USD Partners LP