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Avance Gas Holding Ltd

Avance Gas Holding Ltd

AGAS.OL
Avance Gas Holding LtdNO flagOslo Stock Exchange
0.24
NOK
- -
- -
18.38MMarket Cap
Avance Gas Holding Ltd
AGAS.OL
(Oslo Stock Exchange)

Recent

price

0.24

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
3.15
3.74
9.05
3.67
1.78
2.04
3.93
3.23
2.88
3.32
4.6
3.8
2.29
Revenue per Share
-0.01
0.37
5.33
-1.74
-0.86
-0.68
0.88
1.11
0.44
1.16
2.14
5.78
4.44
Basic EPS, GAAP
0.39
1.16
4.86
2.17
-0.19
-0.09
1.31
1.24
0.99
1.6
2.16
2.66
1.17
Free Cash Flow per Basic Share
- -
- -
5.01
0.83
- -
- -
- -
0.3
0.32
0.65
2
6.66
6.78
Dividend per Share
5.39
9.71
12.37
9.76
5.12
4.44
5.32
6.13
6.34
6.57
6.71
4.84
-0.29
Book Value per Share
3.56
12.71
14.48
11.65
6.31
5.73
6.45
7.11
7.37
7.88
7.88
5.93
0.8
Tangible Book Value per Share
31
31
34
39
64
64
64
64
73
77
77
77
76
Basic Weighted Avg Shares
98
115
311
144
113
130
250
206
211
255
352
291
175
Sales/Revenue/Turnover
9.92
20.15
63.11
3.39
-27.03
-12.09
34.09
26
22.41
35.59
51.83
47.98
36.87
Operating Margin (%)
16
24
31
42
40
41
42
42
47
45
44
25
15
Depreciation Expense
- -
12
183
-68
-55
-43
56
71
32
89
164
443
339
Net Income, GAAP
- -
- -
- -
- -
- -
- -
0.08
0.12
1.53
0.32
0.16
0.04
0.06
Effective Tax Rate (%)
-0.29
10
58.92
-47.36
-48.29
-33.26
22.34
34.47
15.24
34.96
46.43
152.16
193.63
Profit Margin (%)
-320
146
48
140
50
31
69
48
78
213
158
454
61
Working Capital
99
134
508
537
467
461
410
374
345
414
454
- -
- -
LT Debt
112
392
500
457
402
365
411
453
539
604
604
454
61
Total Equity
- -
4.15
23.15
- -
- -
- -
9.92
6.17
5.17
9.11
16.71
17.66
10.11
Return on Invested Capital (%)
- -
4.48
25.2
- -
- -
- -
10.59
11.44
5.64
11.71
18.78
66.16
64.92
Return on Capital (%)
- -
4.95
50.67
-16.88
-15.4
-14.21
18.01
19.45
7.52
18.4
32.18
100.21
223.71
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'24
Dec'24
Mar'25
ST Debt
363
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
123
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
77
77
77
Market Capitalization
508
552
74

Working Capital

FRC

•

in mil. unless spec.
Sep'24
Dec'24
Mar'25
Total Current Assets
967
457
61
Cash, Cash Equivalents & STI
193
391
25
Accounts Receivable, Net
7
6
1
Inventories
8
- -
- -
Total Current Liabilities
376
3
1
Payables & Accruals
- -
- -
- -
ST Debt
363
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.66%
3.28%
-24.82%
Free Cash Flow
-127.95%
22.67%
23.18%
Net Income, GAAP
148.88%
80.76%
170.84%
Sales/Revenue/Turnover
22.93%
5.29%
-17.35%
Total Cash Common Dividend
- -
107.13%
233%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
77
85
79
111
352
2024
116
68
63
45
291
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.47
0.47
0.39
0.8
2.14
2024
1.91
0.79
0.34
2.74
5.78
2025
0.56
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.5
0.5
0.5
0.5
2
2024
0.65
1.16
1.36
3.5
6.66
2025
0.76
- -
- -
- -
- -
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Business
Avance Gas Holding Ltd is a shipping company specializing in the transportation of liquefied petroleum gas (LPG). The company operates a fleet of LPG carriers providing shipping services primarily for LPG products including butane, propane, and other related gases. Its core business activities encompass the ownership, operation, and management of vessels designed to transport LPG globally. Avance Gas Holding Ltd serves key energy markets by offering reliable maritime transport solutions for LPG cargoes. Founded in 2007 and headquartered in Limassol, Cyprus, Avance Gas Holding has expanded its operations primarily across international shipping lanes that support the global energy trade. The company is listed on the Oslo Stock Exchange under the ticker AGAS.OL. Avance Gas’s fleet management focuses on modern, eco-friendly, and efficient vessels to meet evolving industry and environmental standards. Recent developments include strategic acquisitions to expand its fleet and enhance its operational capacity, investments in new vessel technologies for fuel efficiency, and partnerships aimed at strengthening its service offerings in key LPG trade regions. The company has also adopted digital tools and technologies to optimize its logistics and operational efficiency in response to market demands and regulatory changes. Avance Gas Holding continues to focus on expanding its presence in the global LPG shipping market through fleet modernization and operational excellence. Avance Gas operates within the maritime transport and energy shipping industry, targeting commodity traders, energy companies, and LPG distributors. Its services facilitate the movement of LPG across Asia, Europe, the Americas, and other vital trade routes. The company has subsidiaries and affiliated entities supporting its fleet operations and commercial activities. Avance Gas Holding remains committed to sustainable and safe shipping practices aligned with international maritime standards.