Sea1 Offshore Inc. financials
Sea1 Offshore Inc.
9845007R0FFXA27E4954 | Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | $340.8M | $336.0M |
| Cost of sales | $175.1M | $171.5M |
| Gross profit | $165.7M | $164.5M |
| Depreciation & amortisation | $57.8M | $68.0M |
| Operating profit (EBIT) | $241.4M | $163.3M |
| Finance costs | $28.1M | $29.7M |
| Profit before tax | $204.3M | $154.1M |
| Income tax expense | $1.4M | -$19.0M |
| Profit for the year | $202.9M | $173.1M |
| — attributable to owners | $172.8M | $174.5M |
| — attributable to NCI | $30.2M | -$1.4M |
| Total comprehensive income | $204.8M | $169.8M |
| Cash flow statement | ||
| Cash generated from operations | $152.7M | $157.4M |
| Net cash from operating activities | $131.1M | $137.6M |
| Net cash from investing activities | $62.4M | -$24.9M |
| Purchase of PP&E (capex) | $52.9M | $33.5M |
| Net cash from financing activities | -$222.3M | -$110.9M |
| Dividends paid | -$72.8M | $0 |
| Proceeds from borrowings | $150.0M | $0 |
| Repayments of borrowings | -$266.4M | $112.1M |
| Lease liability payments | -$993.0K | -$1.8M |
| Net change in cash | -$28.8M | $1.8M |
| Balance sheet | ||
| Total assets | $818.5M | $1.09B |
| Non-current assets | $680.3M | $919.8M |
| Inventories | $5.3M | $5.3M |
| Trade & other receivables | $40.7M | $41.6M |
| Cash & equivalents | $68.3M | $97.3M |
| Total equity | $406.0M | $529.2M |
| — attributable to owners | $406.0M | $534.3M |
| Non-controlling interests | $0 | -$5.1M |
| Non-current liabilities | $312.0M | $301.4M |
| Long-term borrowings | $273.3M | $249.9M |
| Current liabilities | $100.4M | $256.4M |
| Trade & other payables | $4.4M | $17.0M |
| Deferred tax liabilities | $0 | $92.0K |
| Derived metrics | ||
| Free cash flow | $78.2M | $104.1M |
| Operating margin | 70.8% | 48.6% |
| Net margin | 59.5% | 51.5% |
| Return on equity | 50.0% | 32.7% |
| Cash conversion ratio | 0.65× | 0.79× |
| Capex coverage | 2.48× | 4.11× |
| Other reported items | ||
| Adjustments For Depreciation and Amortisation Expense | $57.8M | $68.0M |
| Adjustments For Finance Costs | $29.2M | $34.2M |
| Adjustments For Income Tax Expense | $1.4M | -$19.0M |
| Adjustments For Losses Gains On Disposal of Noncurrent Assets | $25.6M | $178.0K |
| Adjustments For Undistributed Profits of Associates | -$52.0K | $550.0K |
| Adjustments For Unrealised Foreign Exchange Losses Gains | $19.8M | -$12.5M |
| Comprehensive Income Attributable To Noncontrolling Interests | $30.2M | -$1.4M |
| Comprehensive Income Attributable To Owners of Parent | $174.6M | $171.2M |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | $138.2M | $167.2M |
| Current Tax Liabilities Current | $2.0M | $2.2M |
| Deferred Tax Assets | $27.7M | $27.6M |
| Dividends Received Classified As Investing Activities | $380.0K | $2.6M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -$190.0K | $571.0K |
| Equity and Liabilities | $818.5M | $1.09B |
| Finance Income | $8.8M | $11.1M |
| Gains Losses On Cash Flow Hedges Net of Tax | -$5.3M | $5.3M |
| Gains Losses On Exchange Differences On Translation Net of Tax | $7.3M | -$7.9M |
| Impairment Loss Impairment Gain and Reversal of Impairment Loss Determined In Accordance With IFRS9 | -$159.1M | -$67.0M |
| Income Taxes Paid Refund Classified As Operating Activities | $1.6M | -$579.0K |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | -$23.5M | — |
| Increase Decrease Through Sharebased Payment Transactions | -$1.1M | — |
| Increase Decrease Through Treasury Share Transactions | -$230.4M | — |
| Interest Paid Classified As Operating Activities | $26.6M | $28.8M |
| Interest Received Classified As Operating Activities | $6.6M | $8.4M |
| Issued Capital | $153.5M | $238.9M |
| Liabilities | $412.5M | $557.8M |
| Noncurrent Receivables | $8.3M | $31.3M |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | -$5.3M | $5.3M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | -$144.0K | -$739.0K |
| Other Current Liabilities | $28.3M | $24.6M |
| Other Current Receivables | $23.9M | $22.9M |
| Other Gains Losses | -$25.6M | -$178.0K |
| Other Inflows Outflows of Cash Classified As Investing Activities | $21.1M | $6.0M |
| Other Longterm Provisions | $14.7M | $19.0M |
| Other Noncurrent Financial Assets | $6.9M | $13.8M |
| Other Reserves | $252.4M | $295.4M |
| Payments From Changes In Ownership Interests In Subsidiaries | -$23.5M | $0 |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | $93.7M | $16.0K |
| Retained Earnings | $252.4M | $295.4M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | -$52.0K | $550.0K |
| Share Premium | $252.4M | $295.4M |
Every line item above is a fact tagged in Sea1 Offshore Inc.'s annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (USD), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.