Imperial Petroleum, Inc. (IMPP) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	241.4M	161.0M	147.5M	183.7M	97.0M
Cost of Revenue	151.2M	114.8M	97.1M	110.4M	64.4M
Gross Profit	90.1M	46.2M	50.4M	73.4M	32.6M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	4.5M	4.6M	6.6M	6.5M	1.8M
General & Admin Expense	4.5M	4.6M	6.6M	6.5M	1.8M
Selling & Marketing Expense	—	—	—	65.1K	—
Other Expenses	2.3M	1.7M	(310.8K)	813.2K	1.0M
Total Operating Expenses	6.8M	6.3M	6.3M	7.4M	2.8M
Cost and Expenses	158.0M	121.1M	103.3M	117.7M	67.2M
Operating Income (EBIT)	83.4M	39.9M	44.1M	66.0M	29.8M
Non-Operating
Interest Income	6.7M	7.3M	8.3M	5.8M	1.3M
Interest Expense	1.5M	2.3M	398.3K	1.8M	1.6M
Net Interest Income	5.3M	4.9M	7.9M	4.0M	(320.0K)
Other Non-Op Income/Expense	5.3M	10.1M	6.0M	5.1M	(309.0K)
Non-Operating Income (excl Interest)	(4.6M)	(12.4M)	(6.4M)	(6.9M)	(1.3M)
EBT (Pre-Tax Income)	88.7M	50.0M	50.2M	71.1M	29.5M
Income Tax Expense	—	—	—	—	—
Bottom Line
Net Income	88.7M	50.0M	50.2M	71.1M	29.5M
Earnings from Cont. Ops	88.7M	50.0M	50.2M	71.1M	29.5M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	85.3M	46.6M	46.1M	60.0M	24.8M
Per Share
Basic EPS	$2.09	$1.35	$1.54	$3.22	$2.89
Diluted EPS	$1.91	$1.29	$1.40	$2.93	$2.88
Revenue Per Share	$5.32	$4.67	$4.93	$9.88	$11.34
Shares
Basic Shares Outstanding	45.4M	34.5M	29.9M	18.6M	8.6M
Diluted Shares Outstanding	48.1M	36.2M	33.0M	22.9M	8.6M
Profitability Metrics
EBITDA	119.3M	78.2M	67.5M	88.6M	43.4M
D&A	31.3M	25.9M	17.0M	15.6M	12.3M
EBIT	88.0M	52.3M	50.6M	73.0M	31.1M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026