Imperial Petroleum Inc. (IMPP) 10-Year Financial Performance & Capital Metrics

IMPP • • Industrial / General

EnergyOil & Gas E&PSpecialized & Niche OperatorsEnhanced Recovery Specialists

AboutImperial Petroleum Inc. provides international seaborne transportation services to oil producers, refineries, and commodities traders. It carries refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals; and crude oils. As of March 29, 2022, the company owned four medium range refined petroleum product tankers and one Aframax crude oil tanker with a total capacity of 305,804 deadweight tons. The company was incorporated in 2021 and is based in Athens, Greece.Show more

Revenue $147M -19.7%
EBITDA $61M -25.1%
Net Income $50M -29.5%
EPS (Diluted) 1.40 -52.2%
Gross Margin 34.17% -14.4%
EBITDA Margin 41.45% -6.7%
Operating Margin 29.93% -16.7%
Net Margin 34.01% -12.2%
ROE 12.81% -41.9%
ROIC 10.62% -38.7%
Debt/Equity 0.00
Interest Coverage 110.82 +205.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 61.7%
✓Good 3Y average ROE of 16.8%
✓Healthy 5Y average net margin of 16.0%
✓Trading at only 0.3x book value

✗Weaknesses

✗Shares diluted 43.9% in last year
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y62.58%

5Y61.73%

3Y104.03%

TTM-13.44%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-30.56%

EPS CAGR

10Y-

5Y-

3Y-

TTM-24.11%

ROCE

10Y Avg-35.92%

5Y Avg7.98%

3Y Avg14.31%

Latest11.28%

Peer Comparison

Enhanced Recovery Specialists

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
EPMEvolution Petroleum Corporation	117.6M	3.39	102.11	-0.04%	0.27%	0.34%	9.7%	0.52
GFRGreenfire Resources Ltd.	611.97M	4.88	2.87	17.01%	27.69%	22.82%	9.34%	0.41
IMPPImperial Petroleum Inc.	138.38M	3.82	2.73	-19.73%	29.79%	8.54%	2.18%	0.00
VIVKVivakor, Inc.	1.39M	0.01	-0.01	51.4%	-55.68%	-108.78%		0.70
SAFXXCF Global, Inc. Class A Common Stock	30.62M	0.15	-0.21		6.04%	18.68%		0.17
CLMTCalumet, Inc.	1.73B	19.98	-7.48	0.2%	-0.92%
NEXTNextDecade Corporation	1.27B	4.80	-20			-9.79%		2.33

Profit & Loss

	Jul 2008	Jul 2009	Jul 2010	Jul 2011	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	1.85M	1.07M	5.66M	109.97M	13.33M	20.3M	17.36M	97.02M	183.73M	147.48M
Revenue Growth %	0.62%	-0.42%	4.29%	18.43%	-0.88%	0.52%	-0.14%	4.59%	0.89%	-0.2%
Cost of Goods Sold+	1.49M	985.75K	5.13M	96.79M	13.01M	19.93M	19.71M	64.38M	110.35M	97.08M
COGS % of Revenue	0.8%	0.92%	0.91%	0.88%	0.98%	0.98%	1.13%	0.66%	0.6%	0.66%
Gross Profit+	366K	83.61K	531.2K	13.18M	321.94K	367.66K	-2.34M	32.64M	73.37M	50.4M
Gross Margin %	0.2%	0.08%	0.09%	0.12%	0.02%	0.02%	-0.14%	0.34%	0.4%	0.34%
Gross Profit Growth %	-0.08%	-0.77%	5.35%	23.81%	-0.98%	0.14%	-7.38%	14.92%	1.25%	-0.31%
Operating Expenses+	1.03M	520.14K	1.33M	5.18M	696.92K	723.07K	1.14M	2.82M	7.35M	6.26M
OpEx % of Revenue	0.56%	0.49%	0.24%	0.05%	0.05%	0.04%	0.07%	0.03%	0.04%	0.04%
Selling, General & Admin	758.27K	383.1K	1.14M	4.3M	696.92K	723.07K	614.79K	1.77M	6.54M	6.57M
SG&A % of Revenue	0.41%	0.36%	0.2%	0.04%	0.05%	0.04%	0.04%	0.02%	0.04%	0.04%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	276.62K	137.04K	193.81K	880.01K	0	0	527.21K	1.04M	813.25K	-310.79K
Operating Income+	-669K	-437K	-17.08M	8.01M	-375K	-355K	-3.49M	29.82M	66.02M	44.14M
Operating Margin %	-0.36%	-0.41%	-3.02%	0.07%	-0.03%	-0.02%	-0.2%	0.31%	0.36%	0.3%
Operating Income Growth %	0.6%	0.35%	-38.09%	1.47%	-1.05%	0.05%	-8.82%	9.55%	1.21%	-0.33%
EBITDA+	-44.88K	-53.81K	-16.89M	8.89M	8.24M	8.29M	5.19M	42.11M	81.65M	61.13M
EBITDA Margin %	-0.02%	-0.05%	-2.98%	0.08%	0.62%	0.41%	0.3%	0.43%	0.44%	0.41%
EBITDA Growth %	0.93%	-0.2%	-312.85%	1.53%	-0.07%	0.01%	-0.37%	7.12%	0.94%	-0.25%
D&A (Non-Cash Add-back)	624.12K	383.19K	192.52K	880.01K	8.61M	8.64M	8.68M	12.29M	15.63M	16.99M
EBIT	-665K	12.39M	-17.38M	8.12M	-368K	-384K	-3.5M	31.12M	72.96M	50.56M
Net Interest Income+	-1.89M	-1.6M	-437K	-1.65M	-434	-9.9K	-144K	-320K	4.01M	7.91M
Interest Income	31.85K	2.59K	528	36.52K	7.23K	108	980	1.29M	5.83M	8.31M
Interest Expense	1.92M	1.6M	437.23K	1.69M	7.66K	10.01K	145.01K	1.61M	1.82M	398.32K
Other Income/Expense	-1.92M	11.22M	-738K	-1.57M	-206	-38.35K	-154K	-309K	5.12M	6.01M
Pretax Income+	-2.59M	10.79M	-17.82M	6.43M	-375K	-394K	-3.64M	29.51M	71.13M	50.16M
Pretax Margin %	-1.4%	10.09%	-3.15%	0.06%	-0.03%	-0.02%	-0.21%	0.3%	0.39%	0.34%
Income Tax+	0	0	0	355K	0	0	0	0	0	0
Effective Tax Rate %	1%	1%	1%	0.94%	1%	1%	1%	1%	1%	1%
Net Income+	-2.59M	10.79M	-17.82M	6.08M	-375K	-394K	-3.64M	29.51M	71.13M	50.16M
Net Margin %	-1.4%	10.09%	-3.15%	0.06%	-0.03%	-0.02%	-0.21%	0.3%	0.39%	0.34%
Net Income Growth %	0.2%	5.17%	-2.65%	1.34%	-1.06%	-0.05%	-8.24%	9.11%	1.41%	-0.29%
Net Income (Continuing)	-2.59M	10.79M	-17.82M	6.08M	-375K	-394K	-3.64M	29.51M	71.13M	50.16M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-2.38	9.60	-14.85	3.21	-1.20	-1.24	-11.89	2.88	2.93	1.40
EPS Growth %	0.44%	5.03%	-2.55%	1.22%	-1.37%	-0.03%	-8.59%	1.24%	0.02%	-0.52%
EPS (Basic)	-2.38	9.60	-14.85	3.44	-1.20	-1.24	-11.89	2.89	3.22	1.54
Diluted Shares Outstanding	1.09M	1.22M	1.2M	1.89M	2.63M	318.35K	318.35K	8.59M	22.93M	33.01M
Basic Shares Outstanding	1.09M	1.11M	1.2M	1.77M	318.35K	318.35K	318.35K	8.56M	18.6M	29.93M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	0.03%

Balance Sheet

	Jul 2008	Jul 2009	Jul 2010	Jul 2011	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.15M	130.3K	707.31K	2.8M	9.2M	9.43M	6.01M	134.63M	183.19M	228.4M
Cash & Short-Term Investments	261.78K	69.65K	28.52K	139.15K	8.8M	6.45M	3.39M	118.9M	124.03M	206.73M
Cash Only	185.87K	69.65K	28.52K	139.15K	8.8M	6.45M	3.39M	50.9M	91.93M	67.78M
Short-Term Investments	75.91K	0	0	0	0	0	0	68M	32.1M	138.95M
Accounts Receivable	883.96K	60.65K	121.25K	931.06K	181.16K	665.88K	1.76M	8.04M	51.41M	13.46M
Days Sales Outstanding	173.93	20.71	7.82	3.09	4.96	11.97	36.9	30.27	102.13	33.3
Inventory	0	0	139.35K	40.09K	131.48K	836K	258.85K	5.51M	7.29M	7.31M
Days Inventory Outstanding	-	-	9.92	0.15	3.69	15.31	4.79	31.22	24.12	27.47
Other Current Assets	0	0	42.1K	1.19M	0	1.34M	451.23K	2M	302.77K	652.77K
Total Non-Current Assets+	5.13M	3.01M	12.43M	10.56M	136.41M	128.69M	122.46M	231.95M	193.65M	221.11M
Property, Plant & Equipment	4.88M	3.01M	12.22M	9.84M	136.41M	128.69M	119.96M	226.35M	180.85M	208.31M
Fixed Asset Turnover	0.38x	0.36x	0.46x	11.18x	0.10x	0.16x	0.14x	0.43x	1.02x	0.71x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	208.83K	442.76K	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	0	0	2.5M	0	12.8M	12.8M
Other Non-Current Assets	246.15K	0	0	280.57K	0	0	0	5.6M	0	0
Total Assets+	6.27M	3.14M	13.13M	13.37M	145.61M	138.12M	128.47M	366.58M	376.83M	449.51M
Asset Turnover	0.30x	0.34x	0.43x	8.23x	0.09x	0.15x	0.14x	0.26x	0.49x	0.33x
Asset Growth %	0.03%	-0.5%	3.18%	0.02%	9.89%	-0.05%	-0.07%	1.85%	0.03%	0.19%
Total Current Liabilities+	15.82M	1.84M	22.48M	17.68M	1.93M	4.06M	8.63M	24.38M	14.53M	28.84M
Accounts Payable	1.18M	471.95K	2.9M	2.67M	523.11K	1.19M	1.43M	8.12M	8.28M	5.24M
Days Payables Outstanding	289.74	174.75	206.16	10.06	14.68	21.84	26.49	46.01	27.38	19.72
Short-Term Debt	13.49M	528.48K	13.81M	9.74M	0	0	4.75M	10.18M	0	0
Deferred Revenue (Current)	676.95K	718.44K	1000K	713.35K	1000K	1000K	850.32K	1000K	919.12K	1000K
Other Current Liabilities	467.81K	120.82K	1.13M	639.73K	0	1.47M	1.12M	3.02M	0	18.73M
Current Ratio	0.07x	0.07x	0.03x	0.16x	4.78x	2.32x	0.70x	5.52x	12.61x	7.92x
Quick Ratio	0.07x	0.07x	0.03x	0.16x	4.71x	2.12x	0.67x	5.30x	12.11x	7.67x
Cash Conversion Cycle	-	-	-188.42	-6.82	-6.03	5.44	15.2	15.48	98.86	41.06
Total Non-Current Liabilities+	349.29K	406.56K	6.37M	1.96M	0	2.2M	23.09M	59.79M	0	0
Long-Term Debt	0	0	5.93M	1.96M	0	0	23.09M	59.79M	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	349.29K	406.56K	439.09K	0	0	0	0	0	0	0
Total Liabilities	16.17M	2.25M	28.85M	19.64M	1.93M	4.06M	31.72M	84.17M	14.53M	28.84M
Total Debt+	13.49M	528.48K	19.74M	11.7M	0	0	27.84M	69.96M	0	78.76K
Net Debt	13.3M	458.82K	19.71M	11.56M	-8.8M	-6.45M	24.45M	19.06M	-91.93M	-67.7M
Debt / Equity	-	0.59x	-	-	-	-	0.29x	0.25x	-	0.00x
Debt / EBITDA	-	-	-	1.32x	-	-	5.36x	1.66x	-	0.00x
Net Debt / EBITDA	-	-	-	1.30x	-1.07x	-0.78x	4.71x	0.45x	-1.13x	-1.11x
Interest Coverage	-0.35x	-0.27x	-39.07x	4.75x	-48.94x	-35.47x	-24.04x	18.52x	36.23x	110.82x
Total Equity+	-9.89M	892.56K	-15.72M	-6.27M	143.68M	134.06M	96.75M	282.41M	362.31M	420.67M
Equity Growth %	-0.35%	1.09%	-18.61%	0.6%	23.91%	-0.07%	-0.28%	1.92%	0.28%	0.16%
Book Value per Share	-9.11	0.73	-13.10	-3.31	54.61	421.11	303.90	32.90	15.80	12.74
Total Shareholders' Equity	-9.89M	892.56K	-15.72M	-6.27M	143.68M	134.06M	96.75M	282.41M	362.31M	420.67M
Common Stock	101.79K	101.79K	134.19K	244.58K	143.68M	134.06M	47.75K	1.98M	332.57K	382.75K
Retained Earnings	-20.8M	-10.01M	-27.83M	-29.92M	0	0	-471.56K	28.6M	97.61M	146.02M
Treasury Stock	-707.3K	-707.3K	0	-2M	0	0	0	0	-5.89M	-8.39M
Accumulated OCI	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Jul 2008	Jul 2009	Jul 2010	Jul 2011	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-1.99M	-2.05M	-427.81K	3.45M	8.57M	8.87M	5.24M	40.9M	79.53M	77.7M
Operating CF Margin %	-1.07%	-1.91%	-0.08%	0.03%	0.64%	0.44%	0.3%	0.42%	0.43%	0.53%
Operating CF Growth %	0.2%	-0.03%	0.79%	9.06%	1.49%	0.03%	-0.41%	6.81%	0.94%	-0.02%
Net Income	-2.59M	10.79M	-17.82M	6.07M	-375.18K	-393.76K	-3.64M	29.51M	71.13M	50.16M
Depreciation & Amortization	624.12K	383.19K	0	880.01K	8.61M	8.64M	8.67M	12.29M	15.63M	16.99M
Stock-Based Compensation	0	0	486.51K	348.6K	0	0	0	117.26K	2.43M	0
Deferred Taxes	0	0	0	-880.01K	0	0	0	0	0	0
Other Non-Cash Items	-79.52K	-13.08M	16.47M	1.19M	0	0	32.59K	94.01K	519.69K	7.04M
Working Capital Changes	56.59K	-134.94K	434.56K	-4.17M	335.46K	617.44K	171.93K	-1.11M	-10.19M	3.5M
Change in Receivables	0	823.3K	19.05K	-4.77M	132.37K	927.7K	-333.06K	-6.5M	-6.48M	42.73K
Change in Inventory	0	41.49K	-87.09K	-1.15M	-70.99K	-704.52K	577.15K	-5.25M	-1.91M	-15.23K
Change in Payables	0	-710.01K	149.07K	-1.09M	176.24K	618.06K	289.09K	6.69M	118.52K	-2.17M
Cash from Investing+	-608.81K	14.84M	44.56K	-1.06M	0	-728K	-142.6K	-186.68M	12.29M	-106.65M
Capital Expenditures	-872.81K	-434.41K	-104.84K	-1.19M	0	-728K	-142.6K	-118.68M	-28.15M	-74.67M
CapEx % of Revenue	0.47%	0.41%	0.02%	0.01%	-	0.04%	0.01%	1.22%	0.15%	0.51%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	139.52K	15.25M	64K	131.78K	0	0	0	0	241.67K	-31.98M
Cash from Financing+	2.19M	-12.96M	394.62K	-1.52M	-4.17M	-9.33M	-6.37M	196.95M	-57.4M	4.81M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	-25.88M	-1.74M	-2.13M	-1.74M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	40K	0	-4.17M	-9.33M	-8.49M	-11.95M	-8.01M	9.05M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-2.86M	-2.48M	-532.65K	2.26M	8.57M	8.14M	5.1M	-77.78M	51.39M	3.02M
FCF Margin %	-1.54%	-2.32%	-0.09%	0.02%	0.64%	0.4%	0.29%	-0.8%	0.28%	0.02%
FCF Growth %	0.09%	0.13%	0.79%	5.24%	2.8%	-0.05%	-0.37%	-16.26%	1.66%	-0.94%
FCF per Share	-2.63	-2.03	-0.44	1.19	3.26	25.57	16.01	-9.06	2.24	0.09
FCF Conversion (FCF/Net Income)	0.77x	-0.19x	0.02x	0.57x	-22.86x	-22.51x	-1.44x	1.39x	1.12x	1.55x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2008	2009	2010	2011	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	1208.32%	-	-	-0.55%	-0.28%	-3.15%	15.57%	22.07%	12.81%
Return on Invested Capital (ROIC)	-14.83%	-13.76%	-479.45%	129.31%	-0.4%	-0.2%	-2.1%	10.58%	17.32%	10.62%
Gross Margin	19.73%	7.82%	9.39%	11.98%	2.42%	1.81%	-13.5%	33.64%	39.94%	34.17%
Net Margin	-139.57%	1008.89%	-314.86%	5.52%	-2.81%	-1.94%	-20.96%	30.42%	38.72%	34.01%
Debt / Equity	-	0.59x	-	-	-	-	0.29x	0.25x	-	0.00x
Interest Coverage	-0.35x	-0.27x	-39.07x	4.75x	-48.94x	-35.47x	-24.04x	18.52x	36.23x	110.82x
FCF Conversion	0.77x	-0.19x	0.02x	0.57x	-22.86x	-22.51x	-1.44x	1.39x	1.12x	1.55x
Revenue Growth	62.29%	-42.37%	429.37%	1843.33%	-87.88%	52.3%	-14.48%	458.77%	89.37%	-19.73%

Revenue by Segment

	2021	2022	2023	2024
Voyage Charter Revenues	3.68M	-	158.58M	124.86M
Voyage Charter Revenues Growth	-	-	-	-21.27%
Time Charter Revenues	10.81M	26.33M	21.74M	20.15M
Time Charter Revenues Growth	-	143.51%	-17.44%	-7.29%
Bareboat Revenues	2.72M	1.91M	-	-
Bareboat Revenues Growth	-	-29.84%	-	-

Frequently Asked Questions

Valuation & Price

Imperial Petroleum Inc. (IMPP) has a price-to-earnings (P/E) ratio of 2.7x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Imperial Petroleum Inc. (IMPP) reported $127.7M in revenue for fiscal year 2024. This represents a 6508% increase from $1.9M in 2004.

Imperial Petroleum Inc. (IMPP) saw revenue decline by 19.7% over the past year.

Yes, Imperial Petroleum Inc. (IMPP) is profitable, generating $38.0M in net income for fiscal year 2024 (34.0% net margin).

Dividend & Returns

Yes, Imperial Petroleum Inc. (IMPP) pays a dividend with a yield of 1.38%. This makes it attractive for income-focused investors.

Imperial Petroleum Inc. (IMPP) has a return on equity (ROE) of 12.8%. This is reasonable for most industries.

Imperial Petroleum Inc. (IMPP) generated $78.6M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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Imperial Petroleum Inc. (IMPP) 10-Year Financial Performance & Capital Metrics

IMPP • • Industrial / General

EnergyOil & Gas E&PSpecialized & Niche OperatorsEnhanced Recovery Specialists

Revenue $147M -19.7%
EBITDA $61M -25.1%
Net Income $50M -29.5%
EPS (Diluted) 1.40 -52.2%
Gross Margin 34.17% -14.4%
EBITDA Margin 41.45% -6.7%
Operating Margin 29.93% -16.7%
Net Margin 34.01% -12.2%
ROE 12.81% -41.9%
ROIC 10.62% -38.7%
Debt/Equity 0.00
Interest Coverage 110.82 +205.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 61.7%
✓Good 3Y average ROE of 16.8%
✓Healthy 5Y average net margin of 16.0%
✓Trading at only 0.3x book value

✗Weaknesses

✗Shares diluted 43.9% in last year
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y62.58%

5Y61.73%

3Y104.03%

TTM-13.44%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-30.56%

EPS CAGR

10Y-

5Y-

3Y-

TTM-24.11%

ROCE

10Y Avg-35.92%

5Y Avg7.98%

3Y Avg14.31%

Latest11.28%

Peer Comparison

Enhanced Recovery Specialists

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
EPMEvolution Petroleum Corporation	117.6M	3.39	102.11	-0.04%	0.27%	0.34%	9.7%	0.52
GFRGreenfire Resources Ltd.	611.97M	4.88	2.87	17.01%	27.69%	22.82%	9.34%	0.41
IMPPImperial Petroleum Inc.	138.38M	3.82	2.73	-19.73%	29.79%	8.54%	2.18%	0.00
VIVKVivakor, Inc.	1.39M	0.01	-0.01	51.4%	-55.68%	-108.78%		0.70
SAFXXCF Global, Inc. Class A Common Stock	30.62M	0.15	-0.21		6.04%	18.68%		0.17
CLMTCalumet, Inc.	1.73B	19.98	-7.48	0.2%	-0.92%
NEXTNextDecade Corporation	1.27B	4.80	-20			-9.79%		2.33

Profit & Loss

	Jul 2008	Jul 2009	Jul 2010	Jul 2011	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	1.85M	1.07M	5.66M	109.97M	13.33M	20.3M	17.36M	97.02M	183.73M	147.48M
Revenue Growth %	0.62%	-0.42%	4.29%	18.43%	-0.88%	0.52%	-0.14%	4.59%	0.89%	-0.2%
Cost of Goods Sold+	1.49M	985.75K	5.13M	96.79M	13.01M	19.93M	19.71M	64.38M	110.35M	97.08M
COGS % of Revenue	0.8%	0.92%	0.91%	0.88%	0.98%	0.98%	1.13%	0.66%	0.6%	0.66%
Gross Profit+	366K	83.61K	531.2K	13.18M	321.94K	367.66K	-2.34M	32.64M	73.37M	50.4M
Gross Margin %	0.2%	0.08%	0.09%	0.12%	0.02%	0.02%	-0.14%	0.34%	0.4%	0.34%
Gross Profit Growth %	-0.08%	-0.77%	5.35%	23.81%	-0.98%	0.14%	-7.38%	14.92%	1.25%	-0.31%
Operating Expenses+	1.03M	520.14K	1.33M	5.18M	696.92K	723.07K	1.14M	2.82M	7.35M	6.26M
OpEx % of Revenue	0.56%	0.49%	0.24%	0.05%	0.05%	0.04%	0.07%	0.03%	0.04%	0.04%
Selling, General & Admin	758.27K	383.1K	1.14M	4.3M	696.92K	723.07K	614.79K	1.77M	6.54M	6.57M
SG&A % of Revenue	0.41%	0.36%	0.2%	0.04%	0.05%	0.04%	0.04%	0.02%	0.04%	0.04%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	276.62K	137.04K	193.81K	880.01K	0	0	527.21K	1.04M	813.25K	-310.79K
Operating Income+	-669K	-437K	-17.08M	8.01M	-375K	-355K	-3.49M	29.82M	66.02M	44.14M
Operating Margin %	-0.36%	-0.41%	-3.02%	0.07%	-0.03%	-0.02%	-0.2%	0.31%	0.36%	0.3%
Operating Income Growth %	0.6%	0.35%	-38.09%	1.47%	-1.05%	0.05%	-8.82%	9.55%	1.21%	-0.33%
EBITDA+	-44.88K	-53.81K	-16.89M	8.89M	8.24M	8.29M	5.19M	42.11M	81.65M	61.13M
EBITDA Margin %	-0.02%	-0.05%	-2.98%	0.08%	0.62%	0.41%	0.3%	0.43%	0.44%	0.41%
EBITDA Growth %	0.93%	-0.2%	-312.85%	1.53%	-0.07%	0.01%	-0.37%	7.12%	0.94%	-0.25%
D&A (Non-Cash Add-back)	624.12K	383.19K	192.52K	880.01K	8.61M	8.64M	8.68M	12.29M	15.63M	16.99M
EBIT	-665K	12.39M	-17.38M	8.12M	-368K	-384K	-3.5M	31.12M	72.96M	50.56M
Net Interest Income+	-1.89M	-1.6M	-437K	-1.65M	-434	-9.9K	-144K	-320K	4.01M	7.91M
Interest Income	31.85K	2.59K	528	36.52K	7.23K	108	980	1.29M	5.83M	8.31M
Interest Expense	1.92M	1.6M	437.23K	1.69M	7.66K	10.01K	145.01K	1.61M	1.82M	398.32K
Other Income/Expense	-1.92M	11.22M	-738K	-1.57M	-206	-38.35K	-154K	-309K	5.12M	6.01M
Pretax Income+	-2.59M	10.79M	-17.82M	6.43M	-375K	-394K	-3.64M	29.51M	71.13M	50.16M
Pretax Margin %	-1.4%	10.09%	-3.15%	0.06%	-0.03%	-0.02%	-0.21%	0.3%	0.39%	0.34%
Income Tax+	0	0	0	355K	0	0	0	0	0	0
Effective Tax Rate %	1%	1%	1%	0.94%	1%	1%	1%	1%	1%	1%
Net Income+	-2.59M	10.79M	-17.82M	6.08M	-375K	-394K	-3.64M	29.51M	71.13M	50.16M
Net Margin %	-1.4%	10.09%	-3.15%	0.06%	-0.03%	-0.02%	-0.21%	0.3%	0.39%	0.34%
Net Income Growth %	0.2%	5.17%	-2.65%	1.34%	-1.06%	-0.05%	-8.24%	9.11%	1.41%	-0.29%
Net Income (Continuing)	-2.59M	10.79M	-17.82M	6.08M	-375K	-394K	-3.64M	29.51M	71.13M	50.16M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-2.38	9.60	-14.85	3.21	-1.20	-1.24	-11.89	2.88	2.93	1.40
EPS Growth %	0.44%	5.03%	-2.55%	1.22%	-1.37%	-0.03%	-8.59%	1.24%	0.02%	-0.52%
EPS (Basic)	-2.38	9.60	-14.85	3.44	-1.20	-1.24	-11.89	2.89	3.22	1.54
Diluted Shares Outstanding	1.09M	1.22M	1.2M	1.89M	2.63M	318.35K	318.35K	8.59M	22.93M	33.01M
Basic Shares Outstanding	1.09M	1.11M	1.2M	1.77M	318.35K	318.35K	318.35K	8.56M	18.6M	29.93M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	0.03%

Balance Sheet

	Jul 2008	Jul 2009	Jul 2010	Jul 2011	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.15M	130.3K	707.31K	2.8M	9.2M	9.43M	6.01M	134.63M	183.19M	228.4M
Cash & Short-Term Investments	261.78K	69.65K	28.52K	139.15K	8.8M	6.45M	3.39M	118.9M	124.03M	206.73M
Cash Only	185.87K	69.65K	28.52K	139.15K	8.8M	6.45M	3.39M	50.9M	91.93M	67.78M
Short-Term Investments	75.91K	0	0	0	0	0	0	68M	32.1M	138.95M
Accounts Receivable	883.96K	60.65K	121.25K	931.06K	181.16K	665.88K	1.76M	8.04M	51.41M	13.46M
Days Sales Outstanding	173.93	20.71	7.82	3.09	4.96	11.97	36.9	30.27	102.13	33.3
Inventory	0	0	139.35K	40.09K	131.48K	836K	258.85K	5.51M	7.29M	7.31M
Days Inventory Outstanding	-	-	9.92	0.15	3.69	15.31	4.79	31.22	24.12	27.47
Other Current Assets	0	0	42.1K	1.19M	0	1.34M	451.23K	2M	302.77K	652.77K
Total Non-Current Assets+	5.13M	3.01M	12.43M	10.56M	136.41M	128.69M	122.46M	231.95M	193.65M	221.11M
Property, Plant & Equipment	4.88M	3.01M	12.22M	9.84M	136.41M	128.69M	119.96M	226.35M	180.85M	208.31M
Fixed Asset Turnover	0.38x	0.36x	0.46x	11.18x	0.10x	0.16x	0.14x	0.43x	1.02x	0.71x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	208.83K	442.76K	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	0	0	2.5M	0	12.8M	12.8M
Other Non-Current Assets	246.15K	0	0	280.57K	0	0	0	5.6M	0	0
Total Assets+	6.27M	3.14M	13.13M	13.37M	145.61M	138.12M	128.47M	366.58M	376.83M	449.51M
Asset Turnover	0.30x	0.34x	0.43x	8.23x	0.09x	0.15x	0.14x	0.26x	0.49x	0.33x
Asset Growth %	0.03%	-0.5%	3.18%	0.02%	9.89%	-0.05%	-0.07%	1.85%	0.03%	0.19%
Total Current Liabilities+	15.82M	1.84M	22.48M	17.68M	1.93M	4.06M	8.63M	24.38M	14.53M	28.84M
Accounts Payable	1.18M	471.95K	2.9M	2.67M	523.11K	1.19M	1.43M	8.12M	8.28M	5.24M
Days Payables Outstanding	289.74	174.75	206.16	10.06	14.68	21.84	26.49	46.01	27.38	19.72
Short-Term Debt	13.49M	528.48K	13.81M	9.74M	0	0	4.75M	10.18M	0	0
Deferred Revenue (Current)	676.95K	718.44K	1000K	713.35K	1000K	1000K	850.32K	1000K	919.12K	1000K
Other Current Liabilities	467.81K	120.82K	1.13M	639.73K	0	1.47M	1.12M	3.02M	0	18.73M
Current Ratio	0.07x	0.07x	0.03x	0.16x	4.78x	2.32x	0.70x	5.52x	12.61x	7.92x
Quick Ratio	0.07x	0.07x	0.03x	0.16x	4.71x	2.12x	0.67x	5.30x	12.11x	7.67x
Cash Conversion Cycle	-	-	-188.42	-6.82	-6.03	5.44	15.2	15.48	98.86	41.06
Total Non-Current Liabilities+	349.29K	406.56K	6.37M	1.96M	0	2.2M	23.09M	59.79M	0	0
Long-Term Debt	0	0	5.93M	1.96M	0	0	23.09M	59.79M	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	349.29K	406.56K	439.09K	0	0	0	0	0	0	0
Total Liabilities	16.17M	2.25M	28.85M	19.64M	1.93M	4.06M	31.72M	84.17M	14.53M	28.84M
Total Debt+	13.49M	528.48K	19.74M	11.7M	0	0	27.84M	69.96M	0	78.76K
Net Debt	13.3M	458.82K	19.71M	11.56M	-8.8M	-6.45M	24.45M	19.06M	-91.93M	-67.7M
Debt / Equity	-	0.59x	-	-	-	-	0.29x	0.25x	-	0.00x
Debt / EBITDA	-	-	-	1.32x	-	-	5.36x	1.66x	-	0.00x
Net Debt / EBITDA	-	-	-	1.30x	-1.07x	-0.78x	4.71x	0.45x	-1.13x	-1.11x
Interest Coverage	-0.35x	-0.27x	-39.07x	4.75x	-48.94x	-35.47x	-24.04x	18.52x	36.23x	110.82x
Total Equity+	-9.89M	892.56K	-15.72M	-6.27M	143.68M	134.06M	96.75M	282.41M	362.31M	420.67M
Equity Growth %	-0.35%	1.09%	-18.61%	0.6%	23.91%	-0.07%	-0.28%	1.92%	0.28%	0.16%
Book Value per Share	-9.11	0.73	-13.10	-3.31	54.61	421.11	303.90	32.90	15.80	12.74
Total Shareholders' Equity	-9.89M	892.56K	-15.72M	-6.27M	143.68M	134.06M	96.75M	282.41M	362.31M	420.67M
Common Stock	101.79K	101.79K	134.19K	244.58K	143.68M	134.06M	47.75K	1.98M	332.57K	382.75K
Retained Earnings	-20.8M	-10.01M	-27.83M	-29.92M	0	0	-471.56K	28.6M	97.61M	146.02M
Treasury Stock	-707.3K	-707.3K	0	-2M	0	0	0	0	-5.89M	-8.39M
Accumulated OCI	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Jul 2008	Jul 2009	Jul 2010	Jul 2011	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-1.99M	-2.05M	-427.81K	3.45M	8.57M	8.87M	5.24M	40.9M	79.53M	77.7M
Operating CF Margin %	-1.07%	-1.91%	-0.08%	0.03%	0.64%	0.44%	0.3%	0.42%	0.43%	0.53%
Operating CF Growth %	0.2%	-0.03%	0.79%	9.06%	1.49%	0.03%	-0.41%	6.81%	0.94%	-0.02%
Net Income	-2.59M	10.79M	-17.82M	6.07M	-375.18K	-393.76K	-3.64M	29.51M	71.13M	50.16M
Depreciation & Amortization	624.12K	383.19K	0	880.01K	8.61M	8.64M	8.67M	12.29M	15.63M	16.99M
Stock-Based Compensation	0	0	486.51K	348.6K	0	0	0	117.26K	2.43M	0
Deferred Taxes	0	0	0	-880.01K	0	0	0	0	0	0
Other Non-Cash Items	-79.52K	-13.08M	16.47M	1.19M	0	0	32.59K	94.01K	519.69K	7.04M
Working Capital Changes	56.59K	-134.94K	434.56K	-4.17M	335.46K	617.44K	171.93K	-1.11M	-10.19M	3.5M
Change in Receivables	0	823.3K	19.05K	-4.77M	132.37K	927.7K	-333.06K	-6.5M	-6.48M	42.73K
Change in Inventory	0	41.49K	-87.09K	-1.15M	-70.99K	-704.52K	577.15K	-5.25M	-1.91M	-15.23K
Change in Payables	0	-710.01K	149.07K	-1.09M	176.24K	618.06K	289.09K	6.69M	118.52K	-2.17M
Cash from Investing+	-608.81K	14.84M	44.56K	-1.06M	0	-728K	-142.6K	-186.68M	12.29M	-106.65M
Capital Expenditures	-872.81K	-434.41K	-104.84K	-1.19M	0	-728K	-142.6K	-118.68M	-28.15M	-74.67M
CapEx % of Revenue	0.47%	0.41%	0.02%	0.01%	-	0.04%	0.01%	1.22%	0.15%	0.51%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	139.52K	15.25M	64K	131.78K	0	0	0	0	241.67K	-31.98M
Cash from Financing+	2.19M	-12.96M	394.62K	-1.52M	-4.17M	-9.33M	-6.37M	196.95M	-57.4M	4.81M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	-25.88M	-1.74M	-2.13M	-1.74M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	40K	0	-4.17M	-9.33M	-8.49M	-11.95M	-8.01M	9.05M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-2.86M	-2.48M	-532.65K	2.26M	8.57M	8.14M	5.1M	-77.78M	51.39M	3.02M
FCF Margin %	-1.54%	-2.32%	-0.09%	0.02%	0.64%	0.4%	0.29%	-0.8%	0.28%	0.02%
FCF Growth %	0.09%	0.13%	0.79%	5.24%	2.8%	-0.05%	-0.37%	-16.26%	1.66%	-0.94%
FCF per Share	-2.63	-2.03	-0.44	1.19	3.26	25.57	16.01	-9.06	2.24	0.09
FCF Conversion (FCF/Net Income)	0.77x	-0.19x	0.02x	0.57x	-22.86x	-22.51x	-1.44x	1.39x	1.12x	1.55x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2008	2009	2010	2011	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	1208.32%	-	-	-0.55%	-0.28%	-3.15%	15.57%	22.07%	12.81%
Return on Invested Capital (ROIC)	-14.83%	-13.76%	-479.45%	129.31%	-0.4%	-0.2%	-2.1%	10.58%	17.32%	10.62%
Gross Margin	19.73%	7.82%	9.39%	11.98%	2.42%	1.81%	-13.5%	33.64%	39.94%	34.17%
Net Margin	-139.57%	1008.89%	-314.86%	5.52%	-2.81%	-1.94%	-20.96%	30.42%	38.72%	34.01%
Debt / Equity	-	0.59x	-	-	-	-	0.29x	0.25x	-	0.00x
Interest Coverage	-0.35x	-0.27x	-39.07x	4.75x	-48.94x	-35.47x	-24.04x	18.52x	36.23x	110.82x
FCF Conversion	0.77x	-0.19x	0.02x	0.57x	-22.86x	-22.51x	-1.44x	1.39x	1.12x	1.55x
Revenue Growth	62.29%	-42.37%	429.37%	1843.33%	-87.88%	52.3%	-14.48%	458.77%	89.37%	-19.73%

Revenue by Segment

	2021	2022	2023	2024
Voyage Charter Revenues	3.68M	-	158.58M	124.86M
Voyage Charter Revenues Growth	-	-	-	-21.27%
Time Charter Revenues	10.81M	26.33M	21.74M	20.15M
Time Charter Revenues Growth	-	143.51%	-17.44%	-7.29%
Bareboat Revenues	2.72M	1.91M	-	-
Bareboat Revenues Growth	-	-29.84%	-	-

Frequently Asked Questions

Valuation & Price

Imperial Petroleum Inc. (IMPP) has a price-to-earnings (P/E) ratio of 2.7x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Imperial Petroleum Inc. (IMPP) reported $127.7M in revenue for fiscal year 2024. This represents a 6508% increase from $1.9M in 2004.

Imperial Petroleum Inc. (IMPP) saw revenue decline by 19.7% over the past year.

Yes, Imperial Petroleum Inc. (IMPP) is profitable, generating $38.0M in net income for fiscal year 2024 (34.0% net margin).

Dividend & Returns

Yes, Imperial Petroleum Inc. (IMPP) pays a dividend with a yield of 1.38%. This makes it attractive for income-focused investors.

Imperial Petroleum Inc. (IMPP) has a return on equity (ROE) of 12.8%. This is reasonable for most industries.

Imperial Petroleum Inc. (IMPP) generated $78.6M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.