1. Bermuda Stocks

  2. •

    Industrial services

  3. •

    Contract drilling
Vantage Drilling International Ltd

Vantage Drilling International Ltd

OOSL:VDI
- -
NOK
- -
- -
-31.82EPS
2010 Y
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
TTM
Revenue per Share
1.11
1.7
1.62
2.42
2.86
136.03
- -
42.57
45.15
134.02
9.67
12.08
21.25
25.23
Basic EPS, GAAP
-0.19
-0.28
-0.5
-0.27
0.14
3.03
- -
-29.96
-28.29
80.28
-21.1
-8.4
-0.26
-2.84
Free Cash Flow per Basic Share
-2.54
-0.45
-3.53
-2.03
0.64
16.31
- -
-3.97
-0.3
92.98
-6.74
-5.37
-1.44
0.74
Dividend per Share
- -
- -
- -
- -
- -
0.09
- -
- -
- -
92.48
- -
- -
- -
0.4
Book Value per Share
2.66
2.39
1.9
1.66
1.81
- -
45.31
15.35
-12.94
49.7
28.56
20.13
19.88
19.63
Tangible Book Value per Share
2.66
2.39
1.9
1.66
1.81
- -
45.31
15.35
-12.94
49.7
28.56
20.13
19.88
19.63
Basic Weighted Avg Shares
250
286
291
302
306
6
5
5
5
6
13
13
13
13
Sales/Revenue/Turnover
278
486
471
732
876
772
- -
213
226
761
127
158
279
332
Operating Margin (%)
16.85
22.67
31.1
35.1
33.5
33.66
- -
-30.4
-20.06
52.78
-88.65
-43.57
-8.45
-1.21
Depreciation Expense
33
64
69
107
127
127
- -
74
70
74
69
56
44
44
Net Income, GAAP
-48
-80
-145
-82
42
17
- -
-150
-141
456
-277
-110
-3
-37
Effective Tax Rate (%)
- -
- -
- -
- -
48.79
64.18
- -
- -
- -
3.21
- -
- -
456.4
- -
Profit Margin (%)
-17.09
-16.46
-30.82
-11.18
4.8
2.23
- -
-70.37
-62.67
59.9
-218.13
-69.52
-1.2
-11.26
Working Capital
115
109
483
80
75
- -
255
229
264
269
203
216
96
127
LT Debt
1,103
1,246
2,711
2,852
2,633
- -
867
920
1,109
347
348
348
179
189
Total Equity
770
696
568
505
556
- -
227
77
-65
653
376
266
262
261
Return on Invested Capital (%)
- -
- -
- -
- -
4.46
- -
- -
- -
- -
37.84
- -
- -
-25.53
- -
Return on Capital (%)
- -
- -
- -
- -
4.52
- -
- -
- -
- -
48.83
- -
- -
-23.76
- -
Return on Common Equity (%)
-6.58
-10.91
-22.98
-15.24
7.92
- -
- -
-98.76
- -
- -
-53.92
-34.49
-1.28
-13.42

Capital Structure

USD

•

in mil. unless spec.
Dec'22
Mar'23
Jun'23
ST Debt
2
1
1
LT Borrowings
179
189
189
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
13
Market Capitalization
- -
- -
- -

Working Capital

USD

•

in mil. unless spec.
Dec'22
Mar'23
Jun'23
Total Current Assets
220
263
248
Cash, Cash Equivalents & STI
74
70
80
Accounts Receivable, Net
63
95
83
Inventories
41
42
45
Total Current Liabilities
124
147
121
Payables & Accruals
68
78
72
ST Debt
2
1
1
Deferred Revenue
45
62
42

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-273.35%
-1.26%
Free Cash Flow
- -
-7,016.69%
-73.19%
Net Income, GAAP
- -
-149.11%
-96.95%
Sales/Revenue/Turnover
- -
52.12%
75.93%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
No data availableFinancial data will appear here once available

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
No data availableFinancial data will appear here once available

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
No data availableFinancial data will appear here once available

Company Description

Company Profile APIChatGPT
CEO
Ihab Magdy Toma
Full Time Employees
517
Sector
Industrial services
Industry
Contract drilling
Address
777 Post Oak Boulevard Hamilton TX Bermuda 77056
IPO Date
Oct 28, 2024
Website
vantagedrilling.com
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Business
Vantage Drilling International Ltd. Vantage Drilling International Ltd. (VTDRF) is an offshore drilling contractor that provides contract drilling services, related equipment and work crews primarily on a dayrate basis to drill oil and natural gas wells for major, national and independent oil and gas companies worldwide; the company also offers marketing, operations, construction management and managed services for third-party owned drilling rigs. Founded in 2007, Vantage Drilling International Ltd. is headquartered in Dubai, United Arab Emirates, with additional operations managed from Hamilton, Bermuda, and employs approximately 544 full-time staff to support its global activities across regions including the Middle East, Africa, South East Asia and beyond. The company owns and operates a fleet of modern, high-specification assets, including the ultra-deepwater drillship Platinum Explorer; it previously owned the Tungsten Explorer drillship and premium jackup rigs Soehanah and Topaz Driller, while managing additional jackups and other units for clients in segments such as drilling services and managed services. In recent developments, Vantage Drilling International Ltd. completed the sale of the Tungsten Explorer drillship in August 2025 to TEVA Ship Charter LLC, a joint venture with TotalEnergies in which Vantage retains a 25% stake and a 10-year operating contract, using proceeds to fully redeem $65.145 million in senior secured first lien notes due 2028; the company sold its Soehanah and Topaz Driller jackups to ADES International Holding for $190 million, expanding a strategic alliance while continuing three-year management services; additionally, it finalized a 260-day contract for the Platinum Explorer in September 2025, though the contract was terminated in October 2025 due to economic sanctions changes, and reported third quarter 2025 net income of $67.2 million attributable to shareholders.