- Imperial Petroleum press release ( NASDAQ: IMPP ): Q2 GAAP EPS of $0.00.
- Revenue of $11.3M (+169.0% Y/Y).
- EBITDA of $3.0 million in Q2 22’- 15.4% higher than in Q1 22’ and 114.3% or $1.6 million higher than in Q2 21.
- Net income of $0.1 million – undermined by the $2.4 million voyage and operating costs we incurred for the repositioning of our two suezmaxes- benefit of which will appear in Q3 22.
- Cash and cash equivalents of $79.1 million as of June 30, 2022.
- Revenues of $11.3 million in Q2 22’ up by $6.2 million or 121.6% compared to Q1 22’ due to further improvement in market rates and a higher number of vessels.
For further details see:
Imperial Petroleum GAAP EPS of $0.00, revenue of $11.3M