Prosafe SE

Prosafe SE

PRSEF
Prosafe SEUS flagOther OTC
0.43
USD
- -
- -
151.42MMarket Cap
Prosafe SE
PRSEF
(Other OTC)

Recent

price

0.43

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
107,404.71
109,152.71
122,748.24
121,180.56
125,848.62
108,082.88
20,318.21
3,473
3,316.18
2,271.99
576.07
35.28
22.66
8.5
7.82
1.13
0.9
Revenue per Share
48,191.31
38,358.82
43,092.98
46,087.96
41,009.17
-11,520.95
7,422.06
-7,972.26
-1,155.17
-4,034.5
-9,585.35
233.7
0.17
-6
-2.61
0.86
0.69
Basic EPS, GAAP
59,189.12
17,018.69
23,063.85
9,421.3
8,555.05
-120,491.8
-12,814.45
1,798.72
1,396.29
91.81
-366.22
1.54
4.43
-4.35
0.36
-0.11
0.01
Free Cash Flow per Basic Share
15,003.64
26,001.46
28,793.4
32,314.81
28,853.21
7,741.35
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
15,513.47
15,513.47
15,513.47
15,254.63
15,114.68
16,416.21
339.71
109.65
90.8
90.8
91.81
125.3
1.41
2.19
1.39
0.02
0.02
Book Value per Share
44,573.93
57,076.96
70,308.33
118,750
119,701.83
111,224.95
38,821.76
6,130.42
4,037.53
24.21
-9,569.21
9.14
4.24
2.99
-0.74
0.85
0.62
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
4
9
11
18
166
227
Basic Weighted Avg Shares
442
450
506
524
549
475
472
282
329
225
57
140
199
96
140
188
204
Sales/Revenue/Turnover
59.06
42.77
43.06
46.82
45.25
37.16
28.78
-1.88
15.67
1.51
-93.87
-6.5
16.25
-45.1
-4.15
3.72
8.26
Operating Margin (%)
62
65
58
62
64
232
200
701
114
440
855
75
30
31
33
33
34
Depreciation Expense
198
158
178
199
179
-51
173
-647
-114
-400
-950
928
2
-68
-47
142
157
Net Income, GAAP
1.83
- -
- -
2.26
6.53
- -
9.01
- -
- -
- -
- -
0.33
84.69
- -
- -
0.56
0.57
Effective Tax Rate (%)
44.87
35.14
35.11
38.03
32.59
-10.66
36.53
-229.55
-34.83
-177.58
-1,663.92
662.31
0.75
-70.62
-33.4
75.8
76.95
Profit Margin (%)
63
103
48
117
63
-157
142
221
59
-1,158
-1,279
62
80
66
-305
57
39
Working Capital
705
757
746
780
830
1,108
1,343
1,329
1,198
77
79
422
418
416
68
290
292
LT Debt
410
462
516
740
749
715
1,130
498
400
2
-948
36
37
34
-13
142
141
Total Equity
21.76
- -
- -
16.61
14.81
- -
5.48
- -
- -
- -
- -
-1.74
1.05
- -
- -
1.63
3.96
Return on Invested Capital (%)
27.53
- -
- -
27.04
24.54
- -
18.63
- -
- -
- -
- -
79.1
0.56
- -
- -
45.15
49.57
Return on Capital (%)
310.64
247.26
277.78
306.78
271.32
-73.33
431.5
-7,703.57
-1,279.33
-4,443.33
-10,498.34
366.32
0.59
-364.52
-188.31
986.16
1,083.74
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
7
6
6
LT Borrowings
290
290
292
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
353
353
353
Market Capitalization
402
708
1,122

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
124
116
115
Cash, Cash Equivalents & STI
83
63
87
Accounts Receivable, Net
22
26
14
Inventories
- -
3
- -
Total Current Liabilities
73
60
76
Payables & Accruals
- -
- -
- -
ST Debt
7
6
6
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-4,116.01%
-284.45%
-1,172.73%
Free Cash Flow
-109.74%
-61.45%
-390.62%
Net Income, GAAP
-596.52%
-1,070.75%
-405.14%
Sales/Revenue/Turnover
8.56%
43.19%
34.48%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
34
34
33
37
140
2025
33
31
54
71
188
2026
48
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.48
-0.58
-0.4
-0.9
-2.61
2025
-0.83
-1.34
0.65
0.02
0.86
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Prosafe SE engages in the ownership and operation of semi-submersible accommodation vessels primarily serving the offshore oil and gas industry. The company's core products and services include the chartering and operation of semi-submersible accommodation, safety, and support vessels; maintenance, modification, production hook-up, commissioning of new fields, tie-backs to existing infrastructure, and decommissioning activities. The fleet comprises six semi-submersible accommodation vessels, one tender support vessel, and options to take delivery of two new harsh environment vessels kept in preserved mode. Prosafe operates globally with significant activity and contracts in South America, North America, Europe, and offshore Africa. Founded in 1997 and headquartered in Stavanger, Norway, Prosafe SE has positioned itself as a leading provider of floating accommodation vessels with a focus on operational efficiency and HSSEQ (Health, Safety, Security, Environment, and Quality) performance. Recent advancements include a significant financial recapitalization completed in 2025 involving a debt-to-equity conversion raising approximately USD 193 million, which enhanced liquidity and reduced net debt to approximately USD 220 million. This restructuring supports the company's sustainable capital structure, underpinning future capital expenditures and operational growth. In 2025, Prosafe secured new long-term contracts such as a four-year engagement for its vessel Safe Notos with Petrobras in Brazil, extending to 2030, and maintained high fleet utilization rates with 100% utilization reported in September 2025 and an 86% utilization during the third quarter. The company continues to focus on operational efficiencies, cost reduction initiatives, and organizational right-sizing to improve profitability. Market demand remains robust especially driven by Petrobras and independent operators in Brazil, as well as offshore projects in Africa. Prosafe also prepares for contract expansions and potential backlog growth in markets including Australia and the UK. Prosafe operates through subsidiaries including Prosafe (UK) Holdings Limited, Prosafe Offshore Holdings Pte Ltd, Prosafe Services Maritimos Ltda, and Safe Eurus Singapore Pte Ltd, supporting its global maritime operations. Leadership includes CEO Terje Askvig and interim CFO Reese McNeel, with a workforce of approximately 281 employees. The company's strategic focus remains on maintaining its position as a leader in the floating accommodation vessel segment while enhancing financial stability and expanding operational capacity. Overall, Prosafe SE is a specialized maritime services company providing essential semi-submersible accommodation vessels and related offshore support services, backed by recent financial restructuring and new contract awards reinforcing its market leadership and growth prospects through 2030 and beyond.

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