Breakeven Date Change • May 21
Forecast to breakeven in 2027 The analyst covering Dolphin Drilling expects the company to break even for the first time. New forecast suggests losses will reduce by 81% to 2026. The company is expected to make a profit of US$46.0m in 2027. Average annual earnings growth of 136% is required to achieve expected profit on schedule. Board Change • May 21
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Director Melissa Clare is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. 공시 • Jun 21
Dolphin Drilling AS Auditor Raises 'Going Concern' Doubt Dolphin Drilling AS filed its Annual on Jun 19, 2025 for the period ending Dec 31, 2024. In this report its auditor, KPMG LLP - Klynveld Peat Marwick Goerdeler, gave an unqualified opinion expressing doubt that the company can continue as a going concern. 공시 • May 31
Dolphin Drilling AS has completed a Follow-on Equity Offering in the amount of NOK 297.6444 million. Dolphin Drilling AS has completed a Follow-on Equity Offering in the amount of NOK 297.6444 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 29,764,440,000
Price\Range: NOK 0.01
Transaction Features: Subsequent Direct Listing 공시 • Mar 05
Dolphin Drilling AS has filed a Follow-on Equity Offering. Dolphin Drilling AS has filed a Follow-on Equity Offering.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 59,951,404
Transaction Features: Subsequent Direct Listing 공시 • Mar 02
Stephen Cox to Resign as Chief Financial Officer of Dolphin Drilling AS Dolphin Drilling AS announced the decision by Chief Financial Officer Stephen Cox to resign from his position to pursue opportunities outside of the company. Mr. Cox will remain in the CFO position until mid-year 2025 and the company has commenced the recruitment process. 공시 • Dec 30
Dolphin Drilling AS, Annual General Meeting, May 28, 2025 Dolphin Drilling AS, Annual General Meeting, May 28, 2025. 공시 • Dec 19
Dolphin Drilling AS Approves Board Elections Dolphin Drilling AS at its EGM held on December 19, 2024 approved election of Linn Katrine Høie and Melissa Clare as new board members. The Board shall after this consist of the following persons: Martin Nes, Chair, Alf Ragnar Løvdal, board member, Paul James Marchand, board member, Linn Katrine Høie, board member and Melissa Clare, board member. 공시 • Dec 04
Dolphin Drilling AS Announces Stepdown of Espen Landmark Fjermestad as Board Member Dolphin Drilling AS announced that Espen Landmark Fjermestad steps down as board member, at the EGM to be held on December 19, 2024. New Risk • Sep 11
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €83.7m (US$92.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Shareholders have been diluted in the past year (40% increase in shares outstanding). Market cap is less than US$100m (€83.7m market cap, or US$92.2m). 공시 • Jun 01
Dolphin Drilling as Announces Board Changes Dolphin Drilling AS announced at annual general meeting held on May 31, 2024, the shareholders elected Espen Landmark Fjermestad as board member in replacement for Øystein Stray Spetalen. The Board of Directors shall after this consist of the ollowing persons: Martin Nes, Chair; Alf Ragnar Løvdal, board member; Paul Marchand, board member; Espen Fjermestad, board member. Reported Earnings • May 30
First quarter 2024 earnings released: US$0.076 loss per share (vs US$0.15 loss in 1Q 2023) First quarter 2024 results: US$0.076 loss per share (improved from US$0.15 loss in 1Q 2023). Revenue: US$10.1m (up US$9.70m from 1Q 2023). Net loss: US$16.8m (loss narrowed 7.7% from 1Q 2023). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Energy Services industry in Europe. Board Change • Mar 25
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Alf Løvdal was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Jan 24
Dolphin Drilling AS, Annual General Meeting, May 31, 2024 Dolphin Drilling AS, Annual General Meeting, May 31, 2024. 공시 • Jan 23
Dolphin Drilling AS to Report Fiscal Year 2023 Final Results on Apr 24, 2024 Dolphin Drilling AS announced that they will report fiscal year 2023 final results on Apr 24, 2024 공시 • Dec 21
Dolphin Drilling AS to Report Q3, 2023 Results on Nov 07, 2023 Dolphin Drilling AS announced that they will report Q3, 2023 results on Nov 07, 2023 
