WinstonWınston
Imperial Petroleum logo

Imperial Petroleum

IMPPP
68
Oil & Gas Exploration & Production · Energy
Price
$26.06
+0.00 (+0.00%)
Market Cap
$184.9M
Exchange
NASDAQ Capital Market
Winston Score
68
Winston is curious
A decent business — some strong pillars, some weaker.

Share count rising — dilution

+11280.6% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 318K (2021) → 36.2M (2025)

Imperial Petroleum Inc. is a shipping company based in Greece that transports oil and petroleum products around the world. It owns and operates a fleet of tanker ships, including product tankers and crude oil tankers, which carry fuel and other energy products for oil companies, refiners, and commodity traders. The company is a smaller player in the global tanker shipping industry.

Imperial Petroleum earns money by charging customers daily rates, called charter rates, to rent its ships for cargo transport. These rates fluctuate based on global supply and demand for shipping capacity, making revenue unpredictable from year to year. The company operates internationally, with voyages across major shipping routes in Europe, Asia, and the Americas. Its main competitive advantage is keeping operating costs low relative to its fleet size, but its biggest risk is the cyclical nature of tanker rates — when rates fall sharply, profit margins can shrink quickly.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+92.3% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

+87.5% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

0.0% of revenue

Below sector average (1%)

Research and development spending

Insider Activity

65.9%ownership

Insiders own a meaningful stake in the company

Cash Position

Cash flow positive

$225M cash & investments

Quarterly Free Cash Flow

→ Burn rate stable

Company generates more cash than it spends — no dilution risk from fundraising

Revenue accelerating

Imperial Petroleum grew revenue 92% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin
45.9%
Healthy — 45.9% gross margin
Operating Margin
42.9%
Excellent — 42.9% operating margin
ROCE
4.7%
Weak — 4.7% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY
+37.8%
Fast-growing sales (37.8% YoY)
EPS YoY
+16.7%
Earnings growing fast (16.7% YoY)

Healthy double-digit earnings growth — what compounders look like.

EPS Consistency
6/8 quarters
Earnings grew in most of the last 8 quarters

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion
146%
Turns 146% of profit into real cash
FCF Margin
50.2%
Converts sales into free cash efficiently (50.2%)

Free cash flow margin above 20%. Out of every $100 in sales, more than $20 is real cash they keep.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity
N/A
Data not available
Interest Cover
30.41x
Comfortably covers interest (30.4x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)
15.5x
Fair value — P/E 15.5

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

P/E vs Forward
+4.8
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (15.5 → 10.7)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial