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Seatrium Limited (SMBMF)
OTHER OTC:SMBMF
Earnings Data
Report Date
May 05, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.49Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 21, 2025
|% Change Since: 0.00%
|Next Earnings Date:May 05, 2025
Earnings Call Sentiment|Positive
Seatrium's earnings call for FY 2024 was marked by significant achievements, including record revenue growth, a return to profitability, and a robust order book. Despite these positives, challenges with U.S. projects and provisions impacting margins were noted. Overall, the company's strategic direction and operational success contribute to a positive outlook.Company Guidance
In the 2024 financial year, Seatrium reported a significant turnaround with a revenue increase of 27% to $9.2 billion and an underlying EBITDA of $771 million, marking a 23% year-on-year growth. The company achieved a full-year profitability with an underlying net profit of $200 million, recovering from a net loss of $28 million in the previous year. Seatrium's order book reached a record high of $23.2 billion, a 43% rise from $16.2 billion the previous period, supported by $15.2 billion in new orders. The Board proposed a dividend of $0.015 per share. Operationally, Seatrium completed 231 projects in the Repairs and Upgrades segment and delivered 7 projects, including a newbuild LNG bunker vessel. The company also reduced its net debt by 8% to $689 million and maintained a net leverage ratio of 1.1x. Looking ahead, Seatrium aims to achieve its 2028 EBITDA and ROE targets, supported by a diversified portfolio and a focus on operational excellence.Record Revenue Growth
Seatrium's revenue grew to $9.2 billion in FY 2024, marking a 27% increase year-on-year due to larger order book execution and higher value activities.
Return to Profitability
The company achieved a turnaround to full-year profitability with an underlying net profit of $200 million, compared to a net loss of $28 million in the previous year.
Strong Order Book
Seatrium achieved a net order book of $23.2 billion, a 43% increase from the previous period, driven by $15.2 billion worth of new orders.
Operational Excellence
Delivered 7 projects, including Singapore's first newbuild LNG bunker vessel, and completed 231 repair and upgrade projects.
ESG and Environmental Initiatives
Achieved a 30% reduction in Scope 1 and 2 emissions and secured ISO 37001 anti-bribery certification.
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SMBMF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SMBMF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 21, 2025 | $1.84 | $1.84 | 0.00% |
| Aug 01, 2024 | $1.19 | $1.19 | 0.00% |
| May 28, 2024 | $1.05 | $1.41 | +34.29% |
| Feb 26, 2024 | $1.36 | $1.26 | -7.35% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Seatrium Limited (SMBMF) report earnings?
Seatrium Limited (SMBMF) is schdueled to report earning on May 05, 2025, TBA Not Confirmed.
What is Seatrium Limited (SMBMF) earnings time?
Seatrium Limited (SMBMF) earnings time is at May 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SMBMF EPS forecast?
Currently, no data Available
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