Seascape Energy Asia PLC

Seascape Energy Asia PLC

111.50
GBX
+7.50
(+7.21%)
4.26BMarket Cap
Mar 23Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
-0.16
-0.13
-0.27
-0.07
-0.29
0.09
- -
Free Cash Flow per Basic Share
-0.01
-0.22
-0.81
-0.13
-0.12
-0.07
-0.09
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.91
0.75
0.64
0.37
0.3
0.04
0.14
0.14
Tangible Book Value per Share
0.91
0.75
0.64
0.37
0.3
0.04
0.14
0.14
Basic Weighted Avg Shares
10
10
36
57
57
58
63
63
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
-2
-5
-15
-4
-16
5
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
9
8
31
12
4
3
5
5
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
9
8
36
21
17
3
9
9
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-19.6
-21.44
-54.24
-22.11
-167.8
93.31
- -

Capital Structure

GBP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
63
63
63
Market Capitalization
20
33
43

Working Capital

GBP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
4
9
7
Cash, Cash Equivalents & STI
2
7
4
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1
- -
2
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
94.34%
237.72%
Free Cash Flow
- -
230.59%
46.76%
Net Income, GAAP
- -
101.04%
-133.09%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.07
2024
- -
- -
-0.29
2025
- -
- -
0.09

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Nicholas Andrew Ingrassia
Full Time Employees
10
Sector
Industrial services
Industry
Oilfield services/Equipment
Address
One New Change London GL United Kingdom EC4M 9AF
IPO Date
Nov 28, 2019
Business
Seascape Energy Asia plc operates as a full-cycle exploration and production company focused on acquiring and developing oil and gas assets in Southeast Asia, primarily Malaysia; it holds a 10% participating interest in Deepwater Block 2A offshore Sarawak, encompassing the giant Kertang Prospect with over 200 square kilometers of four-way dip closure and unrisked mean prospective resources exceeding 9 trillion cubic feet, a 100% operated interest in the Temaris Cluster small field production sharing contract featuring two gas discoveries on the western flank of the Malay Basin offshore Peninsular Malaysia, and a 28% participating interest in the DEWA Cluster small field production sharing contract offshore Sarawak. The company targets near-field exploration drilling, infill drilling in existing fields, and accretive acquisitions or farm-ins to build a portfolio of hydrocarbon prospects across multiple plays in water depths ranging from 100 to 1,400 meters, serving markets proximate to major LNG facilities such as the Bintulu plant in Sarawak. Seascape Energy Asia plc, formerly Longboat Energy plc until its name change in September 2024, maintains headquarters at 5th Floor, One New Change, London EC4M 9AF, United Kingdom, and was incorporated in 2019. In October 2025, joint venture partners including operator INPEX Corporation approved entry into the second exploration phase of Block 2A and drilling of the Kertang Prospect subject to Petronas approval, with Seascape fully carried on an uncapped basis through this phase; earlier in 2025, the company completed the farmout of a significant participating interest in Block 2A to INPEX via sale of shares in a subsidiary, secured the Temaris Cluster PSC as operator, and outlined expansion priorities into Thailand and Vietnam alongside ongoing Malaysian opportunities.