Imperial Petroleum (US:IMPP)2025-12-11 15:00Financial Performance - Q3 2025 - Revenues reached $41.4 million, a 25.5% increase compared to $33.0 million in Q3 2024, driven by drybulk fleet additions[5] - Operating income increased significantly to $10.3 million in Q3 2025, a roughly 72% increase ($4.3 million) compared to Q3 2024 and a 22.6% increase ($1.9 million) compared to Q2 2025[6] - EBITDA for Q3 2025 was $17.9 million, a 46.7% increase compared to $12.2 million in Q3 2024[6] - Net income for Q3 2025 was $11.0 million, compared to $10.0 million in Q3 2024[6] Financial Performance - 9M 2025 - Net income for 9M 2025 reached $35.0 million[6] - EBITDA for 9M 2025 was $49.7 million[6] - Operating cash flow generation for 9M 2025 was $57.0 million[6] Liquidity and Fleet - Cash and cash equivalents, including time deposits, amounted to approximately $100 million as of September 30, 2025, with a current cash base of about $172 million[6] - The company concluded a capital raise of $60 million through a registered direct equity offering, intended for further fleet growth[6] - Fleet operational utilization for Q3 2025 was 88.7%, compared to 65.6% in Q3 2024[6] - Approximately 75% of the total fleet calendar days were dedicated to time charter activity, while about 25% were dedicated to spot activity[4]