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Imperial Petroleum (IMPP) - 2023 Q3 - Quarterly Report

IMPERIAL PETROLEUM INC. • Revenues for the three months ended June 30, 2023 amounted to 59.0million,anincreaseof59.0 million, an increase of 47.7 million, or 422.1%, compared to revenues of 11.3millionforthethreemonthsendedJune30,2022,primarilyduetotheincreaseofouraveragefleetbyapproximatelysixvesselsleadingtoanincreaseinfleetcalendardaysby97.811.3 million for the three months ended June 30, 2022, primarily due to the increase of our average fleet by approximately six vessels leading to an increase in fleet calendar days by 97.8% (530 days) and an increase of tanker market rates leading to a rise in fleet daily revenue by approximately 35,500. 1 EBITDA, Adjusted EBITDA, Adjusted ...