Sea1 Offshore Incorporation

Sea1 Offshore Incorporation

26.45
NOK
-1.15
(-4.17%)
8.39EPS
2.82P/E
3.64BMarket Cap
Nov 06Next Earn
Sea1 Offshore Incorporation
OSL:SEA1
(Euronext Oslo)

Recent

price

26.45

P/E

ratio

2.82

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
USD
60.49
86.04
93.06
93.54
126.76
81.5
55.71
34.31
32.67
31.06
26.19
1.73
1.15
1.41
1.73
1.77
1.9
Revenue per Share
2.69
-1.84
4.19
5.65
15
-36.02
-16.92
-18.37
1.69
-9.37
-31.97
0.73
0.13
0.73
0.88
0.74
0.85
Basic EPS, GAAP
-124.76
-30.76
17.87
15.16
47.56
8.19
7.7
12.03
2.31
6.41
1.55
0.37
0.25
0.44
0.4
0.27
0.72
Free Cash Flow per Basic Share
- -
- -
- -
- -
1.69
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.37
0.61
- -
Dividend per Share
197.48
185.56
190.24
195.21
202.53
75.08
65.21
45.21
46.52
37.82
6.11
1.43
1.52
2.24
2.65
2.81
2.72
Book Value per Share
195.12
178.12
182.62
187.54
195.84
73.08
63.2
43.22
46.52
37.82
6.11
1.43
1.52
2.24
2.65
2.81
2.72
Tangible Book Value per Share
4
4
4
4
4
5
8
9
9
9
9
147
239
239
197
154
154
Basic Weighted Avg Shares
228
341
368
364
491
422
469
307
308
293
245
254
274
336
341
272
292
Sales/Revenue/Turnover
6.72
12.21
7.56
12.86
19.79
2.73
3.52
3.77
1.99
1.73
2.99
14.56
14.39
28.71
31.66
36.18
35.04
Operating Margin (%)
59
81
83
76
97
107
112
122
109
105
75
64
64
68
58
51
52
Depreciation Expense
10
-7
17
22
58
-187
-142
-164
16
-88
-299
108
31
175
173
114
130
Net Income, GAAP
6.04
- -
25.22
- -
3.72
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.68
1.85
0.67
Effective Tax Rate (%)
4.45
-2.14
4.5
6.04
11.84
-44.19
-30.36
-53.54
5.18
-30.16
-122.06
42.38
11.26
51.93
50.69
41.89
44.67
Profit Margin (%)
74
62
97
39
-17
38
-64
-37
-6
-84
-160
42
36
-89
38
54
17
Working Capital
804
896
768
905
1,116
1,096
1,369
1,276
1,061
931
841
615
531
268
284
238
236
LT Debt
769
770
786
794
824
666
648
474
466
360
12
340
359
529
406
431
418
Total Equity
1.12
- -
2.38
- -
4.17
- -
- -
- -
- -
- -
- -
- -
- -
- -
26.97
18.5
19.69
Return on Invested Capital (%)
2.58
- -
2.86
- -
4.77
- -
- -
- -
- -
- -
- -
- -
- -
- -
19.4
18.8
20.65
Return on Capital (%)
1.43
-0.99
2.23
2.92
7.54
-26.35
-24.11
-33.71
3.69
-22.29
-145.56
54.2
8.78
38.9
36.75
27.18
34.73
Return on Common Equity (%)

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
62
61
67
LT Borrowings
234
225
232
LT Finance Leases
4
4
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
154
154
154
Market Capitalization
349
558
368

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
160
155
125
Cash, Cash Equivalents & STI
82
68
39
Accounts Receivable, Net
47
87
86
Inventories
5
- -
- -
Total Current Liabilities
106
165
108
Payables & Accruals
- -
- -
- -
ST Debt
62
61
67
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
252.46%
534.99%
6.13%
Free Cash Flow
42.84%
57.64%
-46.64%
Net Income, GAAP
-31.02%
44.44%
-34.16%
Sales/Revenue/Turnover
-2.92%
3.07%
-20.33%
Total Cash Common Dividend
- -
- -
29.3%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
83
108
82
68
341
2025
69
71
- -
68
272
2026
72
80
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
0.55
0.16
0.02
0.88
2025
0.14
0.42
- -
0.09
0.74
2026
0.18
0.15
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.37
2025
0.61
- -
- -
- -
0.61
2026
- -
- -
- -
- -
- -
Business
Sea1 Offshore Inc. offshore vessel provider The company supplies offshore energy service vessels and related support services to the offshore oil, gas, and renewables sectors. Core offerings include subsea construction vessels; anchor handling tug supply (AHTS) vessels; platform supply vessels (PSVs); well intervention and subsea operations teams; fast crew and oil spill recovery vessels; walk-to-work and trenching capabilities; and related marine, technical, and project management services. The firm operates a diversified fleet and provides turnkey solutions from vessel chartering and day-rate services to complex offshore engineering and installation campaigns. Geographic reach encompasses key offshore markets across Europe and other regions, delivering services to both offshore oil and gas producers and renewable energy developers. Main products and services: subsea vessel operations and support; anchor handling and towing; platform supply and logistic support; well intervention and subsea construction services; offshore energy support vessel (OESV) contracts; fast crew transfer and oil spill response capabilities; trenching and walk-to-work operations; project management and engineering services; vessel chartering and fleet management; maintenance, refitting, and technology upgrades for offshore assets. Latest major company changes: pursues strategic partnerships and revenue-sharing arrangements to optimize fleet utilization; signs newbuild contracts for Offshore Energy Support Vessels to expand capacity; engages in debt refinancing and asset sales to optimize capital structure; reports quarterly results reflecting shifts in utilization and day rates; executes fleet rationalization through selling non-core assets and reallocating capital to higher-return projects; expands operational footprint through partnerships with shipyards and service providers to accelerate vessel delivery windows and enhance service offerings. Additional context: industry focus spans offshore oil, gas, and renewable energy support services; serves service segment clients including oil majors, offshore operators, and windfarm developers; operates fleets comprising subsea, AHTS, PSVs, and FCV/Oil Spill Recovery vessels; headquarters and primary operations in Europe with activity across multiple international markets; structure may include subsidiaries or partnerships aligning with parent corporate strategy and capital allocation.