ATHENS, GREECE, December 11, 2025 - IMPERIAL PETROLEUM INC. (NASDAQ: IMPP; the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and operating results for the third quarter and nine months ended September 30, 2025.
OPERATIONAL AND FINANCIAL HIGHLIGHTS
- Full integration of our seven drybulk vessels within Q3 25’ leading to a 36.1% increase of fleet calendar days compared to Q2 25’.
- Fleet operational utilization of 88.7% for Q3 25’ versus 65.6% in in Q3 24’.
- Operational utilization for Q3 25’ was 92.5% for our drybulk fleet and 84.4% for our tanker fleet.
- About 75% of total fleet calendar days in Q3 25’ were dedicated to time charter activity while 25% to spot activity.
- Revenues of $41.4 million in Q3 25’ compared to $33.0 million in Q3 24’, representing a 25.5% increase. This is mainly attributed to the increase in average number of vessels in our fleet following the expansion of our drybulk fleet.
- Impressive increase of our operating income to $10.3 million in Q3 25’, marking a $4.3 million or 71.7% increase compared to Q3 24’ and a $2.1 million or 25.6% rise compared to Q2 25’.
- Net income of $11.0 million in Q3 25’ versus $10.1 million in Q3 24’ and $12.8 million in Q2 25’.
- EBITDA(1) of $17.9 million for Q3 25’ versus $12.2 million in Q3 24’ – an increase of 46.7%.
- Net income of $35.0 million for 9M 25’, EBITDA of $49.7 million and operating cash flow generation of $57.0 million.
- Cash and cash equivalents including time deposits of $99.3 million as of September 30, 2025. Our current cash position as of the date of this release is in the order of $172 million.
- Capital raise of $60 million through a registered direct equity offering to institutional investors at a purchase price of $6.30 on December 1, 2025; these proceeds are expected to be utilized for further fleet expansion.
Athens, Greece, December 9, 2025 – Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”), a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transportation services, today announced a dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Shares”), payable on December 30, 2025 to holders of record as of December 24, 2025. The dividend payment relates to the period from the last dividend payment date for the Series A Preferred Shares on September 30, 2025 through December 29, 2025.
There are 795,878 Series A Preferred Shares outstanding as of the date hereof. The Series A Preferred Shares trade on the Nasdaq Capital Market under the ticker symbol “IMPPP”.
Athens, Greece, November 28, 2025 – Imperial Petroleum Inc. (NASDAQ:IMPP) ("Imperial Petroleum" or the "Company"), a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transportation services, today announced that it has entered into a securities purchase agreement with two institutional investors for the sale of 9,523,900 shares of the Company’s common stock (or prefunded warrants in lieu thereof) and accompanying Class F warrants to purchase up to 9,523,900 shares of common stock and Class G warrants to purchase up to 9,523,900 shares of common stock at a combined purchase price of $6.30 per share and accompanying warrants (the “Offering”). The Class F and Class G warrants will have an exercise price equal to $6.30, will be immediately exercisable, and will expire five years following the date of issuance. Gross proceeds for the Offering are expected to be approximately $60.0 million, before deducting commissions and offering expenses.
Maxim Group LLC is acting as the sole placement agent for the Offering.
ATHENS, GREECE December 5, 2025. Imperial Petroleum Inc. is a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportation services, announced today that it will release its third quarter and nine months financial and operating results for the period ended September 30, 2025 before the market opens in New York on December 11, 2025.
On December 11, 2025 at 10:00 am ET, the company’s management will host a conference call to discuss the results and the company’s operations and outlook.
ATHENS, GREECE, September 5, 2025 - IMPERIAL PETROLEUM INC. (NASDAQ: IMPP; the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and operating results for the second quarter and six months ended June 30, 2025.
OPERATIONAL AND FINANCIAL HIGHLIGHTS
- Fleet operational utilization of 83.1% in Q2 25’ versus 80.9% in Q2 24’.
- About 60% of fleet calendar days in Q2 25’ were dedicated to time charter activity while 36.8% to spot activity.
- Massive increase in number of vessels within Q2 25’ as in the beginning of Q2 25’ our fleet counted 12 vessels while by the end of the second quarter 2025, Imperial Petroleum’s fleet had reached 19 vessels.
- Delivery of the supramax drybulk carrier, Supra Pasha (2012 built) on April 26th, 2025.
- Delivery of the supramax drybulk carrier, Supra Monarch (2011 built) on May 23rd, 2025.
- Delivery of the kamsarmax drybulk carrier, Eco Sikoussis (2008 built) on May 31st, 2025.
- Delivery of the supramax drybulk carrier, Supra Duke (2011 built) on June 13th, 2025.
- Delivery of the kamsarmax drybulk carrier, Eco Czar (2009 built) on June 14th, 2025.
- Delivery of the supramax drybulk carrier, Supra Sovereign (2012 built) on June 19th, 2025.
- Delivery of the supramax drybulk carrier, Supra Baron (2009 built) on June 22nd, 2025.
- Fleet book value as of June 30, 2025 was slightly above $350 million, marking a 54.4% increase within a single quarter.
- Revenues of $36.3 million in Q2 25’ compared to $47.0 million in Q2 24’- a 22.8% decline as market rates were stronger during Q2 24’.
- Net income of $12.8 million in Q2 25’ versus $19.5 million in Q2 24’ and $11.3 million in Q1 25’.
- Net income of $24.1 million, EBITDA1 of $31.8 million and operating cash flow generation of $42.0 million, each for the first half of 2025.
- Cash and cash equivalents including time deposits of $212.2 million as of June 30, 2025, which is about 80% higher than our current market capitalization of about $120 million.