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Gulf Marine Services PLC

Gulf Marine Services PLC

GMS · LSE · Energy / Oil & Gas Equipment & Services

17.60GBX-0.26 (-1.46%)

Price History

Full chart

Market Stats

Previous Close17.86
Open17.90
Day Range17.50 – 17.90
52-Week Range14.66 – 24.30
Volume1.25M
Market Cap204.16M
P/E (TTM)0.00
Forward P/E5.88
EPS0.00
Dividend Yield0.00%
Beta0.65
50-Day Avg18.61
200-Day Avg19.54

About

Gulf Marine Services PLC, together with its subsidiaries, operates self-propelled self-elevating support vessels (SESVs) in the United Arab Emirates, the Kingdom of Saudi Arabia, Qatar, and Europe. It operates through K-Class Vessels, S-Class Vessels, and E-Class Vessels segments. The company offers offshore construction and heavy lifting, accommodation and hotel, well intervention and work over operations, and manpower services for oil and gas industry; and platform maintenance and commissioning, turbine maintenance and commissioning, crane, and offshore crew transfer services to renewables industry. It is also involved in the marine contracting and general investment activities; operation of offshore barges; and ownership of barges. In addition, the company offers contract mobilization and demobilization services. Gulf Marine Services PLC was founded in 1977 and is based in Abu Dhabi, the United Arab Emirates.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Equipment & Services
  • CEOMr. Mansour Al Alami
  • Employees746
  • HeadquartersP.O. Box 46046, Abu Dhabi, United Arab Emirates, UK
  • Websitehttps://www.gmsplc.com

Leadership

  • Mr. Mansour Al AlamiExecutive Chairman of the Board & CEO
  • Mr. Alex AclimandosChief Financial Officer
  • Mr. Chris WildOperations Director
  • Mr. Gilberto AndaraHead of HSE & Quality
  • Ms. Shradha Ah-AhujaChief Shared Services Officer
  • Mr. Jamie TaylorChief Commercial Officer
  • Tony HunterCompany Secretary

Financials

Income Statement

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue106.94M142.62M184.26M196.55M219.71M179.41M112.88M123.33M108.72M102.49M115.13M133.16M151.60M167.49M192.06M
Growth (%)-+33.37%+29.20%+6.67%+11.78%-18.34%-37.08%+9.26%-11.85%-5.73%+12.33%+15.66%+13.85%+10.48%+14.67%
Cost of Revenue43.20M54.21M65.51M70.09M87.49M105.07M76.92M76.32M133.69M158.02M54.50M72.62M81.99M77.86M112.02M
Gross Profit63.74M88.41M118.76M126.46M132.22M74.34M35.96M47.02M-24.97M-55.53M60.63M60.53M69.62M89.64M80.05M
Gross Margin59.60%61.99%64.45%64.34%60.18%41.44%31.85%38.12%-22.97%-54.18%52.66%45.46%45.92%53.52%41.68%
Operating Expense14.13M14.69M18.95M23.12M29.20M22.04M29.81M18.83M18.41M18.22M12.27M13.21M-18.58M17.03M13.92M
Operating Income49.60M73.72M99.81M103.34M103.02M52.31M6.15M28.19M-43.38M-73.74M48.35M47.32M88.19M72.61M66.12M
Operating Margin46.38%51.69%54.17%52.58%46.89%29.15%5.45%22.86%-39.90%-71.95%42.00%35.54%58.17%43.35%34.43%
EBITDA65.69M90.93M117.10M121.46M130.18M85.08M38.75M57.71M-15.36M44.83M81.35M76.47M106.80M101.41M115.25M
EBITDA Margin61.42%63.76%63.55%61.80%59.25%47.42%34.32%46.79%-14.13%43.74%70.66%57.43%70.45%60.55%60.00%
Net Income22.18M48.08M68.20M75.06M74.78M29.51M-18.57M-6.13M-85.47M-124.30M31.00M25.33M41.34M37.98M19.29M
Net Income Margin20.74%33.71%37.01%38.19%34.03%16.45%-16.45%-4.97%-78.61%-121.28%26.93%19.02%27.27%22.67%10.04%
Interest Expense22.86M22.39M27.06M22.91M25.91M21.49M25.18M30.60M32.06M27.81M17.69M17.40M29.82M22.07M15.28M
Interest Expense % of Total Revenue21.37%15.70%14.68%11.66%11.79%11.98%22.30%24.81%29.49%27.13%15.37%13.07%19.67%13.18%7.95%

Balance Sheet

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets439.04M498.56M586.22M729.68M924.12M942.77M865.83M855.37M770.22M654.44M674.40M658.82M668.33M683.14M700.18M
Total Liabilities299.71M311.60M401.98M370.51M500.21M498.52M444.52M439.31M440.55M447.58M411.69M371.25M338.05M300.44M277.76M
Total Equity138.24M186.36M182.91M358.56M423.27M443.69M420.71M414.72M328.01M205.17M260.80M285.59M327.57M379.70M418.86M
Cash4.40M1.97M46.90M59.53M60.83M61.58M38.95M11.05M8.40M3.80M8.27M12.28M8.67M40.01M27.77M
Total Debt266.48M277.62M374.35M333.11M459.72M463.70M411.78M411.51M405.86M415.73M382.45M331.61M279.30M240.38M214.63M
Net Debt262.08M275.65M327.45M273.57M398.88M402.13M372.83M400.47M397.46M409.57M374.18M319.33M270.63M200.38M186.86M

Cash Flow

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow38.72M85.19M113.34M120.35M124.96M126.30M56.27M28.88M51.34M44.27M40.51M82.56M94.40M103.56M76.74M
Investing Cash Flow-23.20M-25.41M-52.49M-139.59M-189.77M-149.22M-21.66M-22.98M-9.42M-12.35M-11.50M-6.30M-12.79M-8.77M-25.79M
Financing Cash Flow-15.63M-62.21M-15.92M31.87M66.12M23.67M-57.23M-33.81M-44.56M-36.52M-24.54M-72.26M-85.22M-63.45M-63.45M
Capital Expenditure20.45M29.57M49.36M141.22M191.72M149.68M24.87M23.08M9.45M13.22M11.51M6.32M13.01M8.86M25.79M
Free Cash Flow18.27M55.62M63.99M-20.87M-66.76M-23.39M31.40M5.80M41.89M31.05M29.00M76.25M81.39M94.70M50.94M
Dividends Paid-992.00K80.50M3.46M7.83M8.01M5.25M650.00K650.00K650.00K-----
FCF to OCF47.18%65.29%56.45%-17.34%-53.43%-18.52%55.80%20.07%81.59%70.13%71.60%92.35%86.22%91.45%66.39%
Dividend Paid to FCF-1.78%125.81%-16.56%-11.73%-34.25%16.72%11.21%1.55%2.09%-----

Earnings

Report DateMar 22, 2016Aug 31, 2016Mar 28, 2017Sep 19, 2017Mar 27, 2018May 14, 2021Oct 13, 2021May 13, 2022Jun 5, 2025Sep 9, 2025
EPS Estimate0.100.000.010.010.000.000.000.00-0.00
EPS Actual0.110.080.000.00-0.050.000.000.000.030.00
Surprise10.00%--100.00%-100.00%------
TimingPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hours-

Key Statistics & Ratios

Market Cap204.16M
Enterprise Value369.08M
Trailing P/E0.00
Forward P/E5.88
Price / Sales1.13
Price / Book0.69
EPS0.00
Book Value0.2651
Revenue (TTM)180.54M
Gross Profit (TTM)69.13M
EBITDA80.93M
Profit Margin0.11%
Operating Margin20.82%
Return on Equity0.17%
Return on Assets4.80%
Shares Outstanding1.15B
Shares Float739.02M
Beta0.65
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20171×
0.01Apr 13, 2017
20162×
0.00Sep 8, 20160.01Apr 14, 2016
20152×
0.00Sep 3, 20150.01Apr 16, 2015
20141×
0.00Sep 24, 2014

Stock Splits

  • Jun 9, 2021899:595