View Future GrowthCmb.Tech 과거 순이익 실적과거 기준 점검 2/6Cmb.Tech은 연평균 35.8%의 비율로 수입이 증가해 온 반면, Oil and Gas 산업은 수입이 14.1% 증가했습니다. 매출은 연평균 21.5%의 비율로 증가했습니다. Cmb.Tech의 자기자본이익률은 15.9%이고 순이익률은 22.2%입니다.핵심 정보35.80%순이익 성장률35.17%주당순이익(EPS) 성장률Oil and Gas 산업 성장률39.67%매출 성장률21.54%자기자본이익률15.90%순이익률22.22%다음 순이익 업데이트27 Aug 2026최근 과거 실적 업데이트Reported Earnings • Apr 24Full year 2025 earnings released: EPS: US$0.70 (vs US$4.44 in FY 2024)Full year 2025 results: EPS: US$0.70 (down from US$4.44 in FY 2024). Revenue: US$1.67b (up 77% from FY 2024). Net income: US$160.7m (down 82% from FY 2024). Profit margin: 9.6% (down from 93% in FY 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 1.3% decline forecast for the Oil and Gas industry in Norway.Reported Earnings • Feb 27Full year 2025 earnings released: EPS: US$0.70 (vs US$4.44 in FY 2024)Full year 2025 results: EPS: US$0.70 (down from US$4.44 in FY 2024). Revenue: US$1.89b (up 101% from FY 2024). Net income: US$161.7m (down 81% from FY 2024). Profit margin: 8.6% (down from 93% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.0% decline forecast for the Oil and Gas industry in Norway.공시 • Dec 18+ 4 more updatesCmb.Tech NV to Report First Half, 2026 Results on Aug 27, 2026Cmb.Tech NV announced that they will report first half, 2026 results on Aug 27, 2026Reported Earnings • Nov 27Third quarter 2025 earnings released: EPS: US$0.083 (vs US$0.51 in 3Q 2024)Third quarter 2025 results: EPS: US$0.083 (down from US$0.51 in 3Q 2024). Revenue: US$625.6m (up 182% from 3Q 2024). Net income: US$19.9m (down 80% from 3Q 2024). Profit margin: 3.2% (down from 44% in 3Q 2024). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 4.3% decline forecast for the Oil and Gas industry in Norway.Reported Earnings • Aug 29Second quarter 2025 earnings released: EPS: US$0.04 (vs US$0.95 in 2Q 2024)Second quarter 2025 results: EPS: US$0.04 (down from US$0.95 in 2Q 2024). Revenue: US$387.8m (up 54% from 2Q 2024). Net income: US$7.77m (down 96% from 2Q 2024). Profit margin: 2.0% (down from 73% in 2Q 2024). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 5.5% decline forecast for the Oil and Gas industry in Norway.모든 업데이트 보기Recent updates공시 • May 20+ 1 more updateCmb.Tech NV Intends to Approve First Payment Out of Share Premium ReserveCmb.Tech NV announced the supervisory board intended to approve a first payment of USD 0.44 per share out of the share premium reserve (which is exempt from withholding tax). The approval of the Distribution by the Supervisory Board is subject to, and conditional upon: the approval by the General Shareholders' Meeting of the company, scheduled for 21 May 2026, of the agenda item relating to the distribution out of the share premium reserve; and the completion of the corporate procedures prescribed by the Belgian Companies and Associations Code (Wetboek van vennootschappen en verenigingen /Code des sociétés et des associations) with respect to the interim dividend. The company will provide further information on the payment date, record date and other practical modalities of the Distribution once the Distribution is effectively approved (currently scheduled for end of May 2026), in accordance with applicable regulations.New Risk • May 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 14% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings are forecast to decline by an average of 14% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (22% net profit margin).Reported Earnings • Apr 24Full year 2025 earnings released: EPS: US$0.70 (vs US$4.44 in FY 2024)Full year 2025 results: EPS: US$0.70 (down from US$4.44 in FY 2024). Revenue: US$1.67b (up 77% from FY 2024). Net income: US$160.7m (down 82% from FY 2024). Profit margin: 9.6% (down from 93% in FY 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 1.3% decline forecast for the Oil and Gas industry in Norway.Upcoming Dividend • Apr 07Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 14 April 2026. Payment date: 27 April 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Norwegian dividend payers (7.4%). Lower than average of industry peers (5.0%).New Risk • Mar 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 508% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.7% net profit margin).Reported Earnings • Feb 27Full year 2025 earnings released: EPS: US$0.70 (vs US$4.44 in FY 2024)Full year 2025 results: EPS: US$0.70 (down from US$4.44 in FY 2024). Revenue: US$1.89b (up 101% from FY 2024). Net income: US$161.7m (down 81% from FY 2024). Profit margin: 8.6% (down from 93% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.0% decline forecast for the Oil and Gas industry in Norway.공시 • Feb 26+ 1 more updateCmb.Tech Nv Declares Interim Dividend, Payable on or About 27 April 2026Cmb.Tech NV has declared an interim dividend of USD 0.16 per share, which is expected to be paid on or about 27 April 2026. Ex-dividend date is 14 April 2026. Record date is 15 April 2026.Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to kr113, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Oil and Gas industry in Norway.Upcoming Dividend • Dec 30Upcoming dividend of US$0.05 per shareEligible shareholders must have bought the stock before 06 January 2026. Payment date: 20 January 2026. Payout ratio is a comfortable 4.5% but the company is not cash flow positive. Trailing yield: 73%. Within top quartile of Norwegian dividend payers (8.7%). Higher than average of industry peers (8.7%).공시 • Dec 18+ 4 more updatesCmb.Tech NV to Report First Half, 2026 Results on Aug 27, 2026Cmb.Tech NV announced that they will report first half, 2026 results on Aug 27, 2026Reported Earnings • Nov 27Third quarter 2025 earnings released: EPS: US$0.083 (vs US$0.51 in 3Q 2024)Third quarter 2025 results: EPS: US$0.083 (down from US$0.51 in 3Q 2024). Revenue: US$625.6m (up 182% from 3Q 2024). Net income: US$19.9m (down 80% from 3Q 2024). Profit margin: 3.2% (down from 44% in 3Q 2024). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 4.3% decline forecast for the Oil and Gas industry in Norway.공시 • Nov 26Cmb.Tech Nv Proposes Interim Dividend, Payable on or About 15 January 2026CMB.TECH intends to propose an interim dividend of USD 0.05 per share, which is expected to be paid on or about 15 January 2026, subject to completion of the required statutory procedures. Ex-dividend date is 6 January 2026. Record date is 7 January 2026.공시 • Sep 25Cmb.Tech Nv Announces Supervisory Board and Committee ChangesCmb.Tech NV announced that Mrs. Julie De Nul has decided to resign as member of the Supervisory Board of CMB.TECH NV. The Supervisory Board has further decided to co-opt Mr. Carl Steen as independent member within the Supervisory Board. Mr. Carl Steen has been appointed to succeed Mrs. Julie de Nul as chairman of the Remuneration committee. Mr. Carl Steen graduated in 1975 from ETH Zurich Switzerland with a M.Sc. in Industrial and Management Engineering. After working for a number of high profile companies in Norway, he moved to Luxembourg in 1983 and started his banking career in Christiania Bank Luxembourg. Mr. Steen joined Nordea Bank from 2001 to February 2011 as head of the banks Shipping, Oil Services & International Division. Mr. Steen has been director in various Norwegian and international Companies within the shipping, offshore and banking sphere. From 2015-2022 he was Chairman in Euronav NV. He now serves as Chairman in Wilhelmsen Holding ASA and holds directorship in Golar LNG Ltd. and Himalaya Shipping Ltd.공시 • Sep 23Cmb.Tech NV(OB:CMBTO) dropped from Oslo OBX Total Return IndexCmb.Tech NV has been dropped from the Oslo OBX Total Return IndexValuation Update With 7 Day Price Move • Sep 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to kr98.60, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Oil and Gas industry in Norway.New Risk • Aug 31New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Shares are highly illiquid. High level of non-cash earnings (21% accrual ratio). Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (23% net profit margin).Reported Earnings • Aug 29Second quarter 2025 earnings released: EPS: US$0.04 (vs US$0.95 in 2Q 2024)Second quarter 2025 results: EPS: US$0.04 (down from US$0.95 in 2Q 2024). Revenue: US$387.8m (up 54% from 2Q 2024). Net income: US$7.77m (down 96% from 2Q 2024). Profit margin: 2.0% (down from 73% in 2Q 2024). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 5.5% decline forecast for the Oil and Gas industry in Norway.공시 • Aug 28+ 1 more updateCmb.Tech NV Announces Supervisory Board ChangesCmb.Tech NV announced Supervisory Board changes. Mr. Marc Saverys has decided to resign as member and chairman of the Supervisory Board of CMB.TECH. Mr. Marc Saverys joined the Supervisory Board of CMB.TECH after the SGM of 23 March 2023 as a non-independent member. Mr. Patrick de Brabandere, as representative of Debemar BV has been appointed to succeed Mr. Marc Saverys as chairman of the Supervisory Board. The Supervisory Board has further decided to co-opt Mrs. Gudrun Janssens as independent member within the Supervisory Board: Mrs. Gudrun Janssens oversees BIMCO's EU-related marine environment, safety and technical affairs from the Brussels office. She has significant expertise in ship recycling. She studied Chemistry with a focus on environmental sciences and began her professional career at the Public Waste Agency of Flanders in 2000. As a senior policy advisor and member of the Belgian delegation to the IMO, she was involved in shaping the Belgian policy on ship waste management and ship recycling for over 15 years. Gudrun also worked for the European Community of Shipowners’ Associations (ECSA) and the Royal Belgian Shipowners Associations as Head of Environmental and Technical Affairs, managing environmental and climate-related shipping issues at both European and international levels.New Risk • Aug 22New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 49% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (23% net profit margin).매출 및 비용 세부 내역Cmb.Tech가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이OB:CMBTO 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비31 Mar 262,185486144031 Dec 251,666161139030 Sep 251,303165113030 Jun 251,07124395031 Mar 2593542081031 Dec 2494087176030 Sep 249831,18472030 Jun 241,0391,20169031 Mar 241,1361,17860031 Dec 231,23585859030 Sep 231,33568750030 Jun 231,28058851031 Mar 231,08042253031 Dec 2285520347030 Sep 22604-10443030 Jun 22475-22635031 Mar 22425-31132031 Dec 21420-33929030 Sep 21455-32559030 Jun 21567-17319031 Mar 2192817760031 Dec 201,21047334030 Sep 201,44768663030 Jun 201,38261759031 Mar 201,11631864031 Dec 1991511241030 Sep 19813-4262030 Jun 19799-7767031 Mar 19734-5167031 Dec 18600-11057030 Sep 18482-9164030 Jun 18426-6056031 Mar 18447-7250031 Dec 17513147030 Sep 175423245030 Jun 175706045031 Mar 1763412544031 Dec 1668420444030 Sep 1676425949030 Jun 1683433147031 Mar 1685738347031 Dec 1584735046030 Sep 1576624242030 Jun 15689149440양질의 수익: CMBTO는 $187.8M 규모의 큰 일회성 이익이 있어 31st March, 2026까지 지난 12개월 재무 결과에 영향을 미쳤습니다.이익 마진 증가: CMBTO의 현재 순 이익률 (22.2%)은 지난해 (44.9%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: CMBTO의 수익은 지난 5년 동안 연평균 35.8%로 크게 증가했습니다.성장 가속화: 지난 1년간 CMBTO 의 수익 증가율(15.7%)은 5년 평균(연간 35.8%)보다 낮습니다.수익 대 산업: CMBTO의 지난 1년 수익 증가율(15.7%)은 Oil and Gas 업계의 -56%를 상회했습니다.자기자본이익률높은 ROE: CMBTO의 자본 수익률(15.9%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YEnergy 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 08:57종가2026/05/21 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Cmb.Tech NV는 19명의 분석가가 다루고 있습니다. 이 중 7명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관David VagmanBNP ParibasLars KalbakkenCarnegie Investment Bank ABChristian WetherbeeCitigroup Inc16명의 분석가 더 보기
Reported Earnings • Apr 24Full year 2025 earnings released: EPS: US$0.70 (vs US$4.44 in FY 2024)Full year 2025 results: EPS: US$0.70 (down from US$4.44 in FY 2024). Revenue: US$1.67b (up 77% from FY 2024). Net income: US$160.7m (down 82% from FY 2024). Profit margin: 9.6% (down from 93% in FY 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 1.3% decline forecast for the Oil and Gas industry in Norway.
Reported Earnings • Feb 27Full year 2025 earnings released: EPS: US$0.70 (vs US$4.44 in FY 2024)Full year 2025 results: EPS: US$0.70 (down from US$4.44 in FY 2024). Revenue: US$1.89b (up 101% from FY 2024). Net income: US$161.7m (down 81% from FY 2024). Profit margin: 8.6% (down from 93% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.0% decline forecast for the Oil and Gas industry in Norway.
공시 • Dec 18+ 4 more updatesCmb.Tech NV to Report First Half, 2026 Results on Aug 27, 2026Cmb.Tech NV announced that they will report first half, 2026 results on Aug 27, 2026
Reported Earnings • Nov 27Third quarter 2025 earnings released: EPS: US$0.083 (vs US$0.51 in 3Q 2024)Third quarter 2025 results: EPS: US$0.083 (down from US$0.51 in 3Q 2024). Revenue: US$625.6m (up 182% from 3Q 2024). Net income: US$19.9m (down 80% from 3Q 2024). Profit margin: 3.2% (down from 44% in 3Q 2024). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 4.3% decline forecast for the Oil and Gas industry in Norway.
Reported Earnings • Aug 29Second quarter 2025 earnings released: EPS: US$0.04 (vs US$0.95 in 2Q 2024)Second quarter 2025 results: EPS: US$0.04 (down from US$0.95 in 2Q 2024). Revenue: US$387.8m (up 54% from 2Q 2024). Net income: US$7.77m (down 96% from 2Q 2024). Profit margin: 2.0% (down from 73% in 2Q 2024). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 5.5% decline forecast for the Oil and Gas industry in Norway.
공시 • May 20+ 1 more updateCmb.Tech NV Intends to Approve First Payment Out of Share Premium ReserveCmb.Tech NV announced the supervisory board intended to approve a first payment of USD 0.44 per share out of the share premium reserve (which is exempt from withholding tax). The approval of the Distribution by the Supervisory Board is subject to, and conditional upon: the approval by the General Shareholders' Meeting of the company, scheduled for 21 May 2026, of the agenda item relating to the distribution out of the share premium reserve; and the completion of the corporate procedures prescribed by the Belgian Companies and Associations Code (Wetboek van vennootschappen en verenigingen /Code des sociétés et des associations) with respect to the interim dividend. The company will provide further information on the payment date, record date and other practical modalities of the Distribution once the Distribution is effectively approved (currently scheduled for end of May 2026), in accordance with applicable regulations.
New Risk • May 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 14% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings are forecast to decline by an average of 14% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (22% net profit margin).
Reported Earnings • Apr 24Full year 2025 earnings released: EPS: US$0.70 (vs US$4.44 in FY 2024)Full year 2025 results: EPS: US$0.70 (down from US$4.44 in FY 2024). Revenue: US$1.67b (up 77% from FY 2024). Net income: US$160.7m (down 82% from FY 2024). Profit margin: 9.6% (down from 93% in FY 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 1.3% decline forecast for the Oil and Gas industry in Norway.
Upcoming Dividend • Apr 07Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 14 April 2026. Payment date: 27 April 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Norwegian dividend payers (7.4%). Lower than average of industry peers (5.0%).
New Risk • Mar 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 508% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.7% net profit margin).
Reported Earnings • Feb 27Full year 2025 earnings released: EPS: US$0.70 (vs US$4.44 in FY 2024)Full year 2025 results: EPS: US$0.70 (down from US$4.44 in FY 2024). Revenue: US$1.89b (up 101% from FY 2024). Net income: US$161.7m (down 81% from FY 2024). Profit margin: 8.6% (down from 93% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.0% decline forecast for the Oil and Gas industry in Norway.
공시 • Feb 26+ 1 more updateCmb.Tech Nv Declares Interim Dividend, Payable on or About 27 April 2026Cmb.Tech NV has declared an interim dividend of USD 0.16 per share, which is expected to be paid on or about 27 April 2026. Ex-dividend date is 14 April 2026. Record date is 15 April 2026.
Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to kr113, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Oil and Gas industry in Norway.
Upcoming Dividend • Dec 30Upcoming dividend of US$0.05 per shareEligible shareholders must have bought the stock before 06 January 2026. Payment date: 20 January 2026. Payout ratio is a comfortable 4.5% but the company is not cash flow positive. Trailing yield: 73%. Within top quartile of Norwegian dividend payers (8.7%). Higher than average of industry peers (8.7%).
공시 • Dec 18+ 4 more updatesCmb.Tech NV to Report First Half, 2026 Results on Aug 27, 2026Cmb.Tech NV announced that they will report first half, 2026 results on Aug 27, 2026
Reported Earnings • Nov 27Third quarter 2025 earnings released: EPS: US$0.083 (vs US$0.51 in 3Q 2024)Third quarter 2025 results: EPS: US$0.083 (down from US$0.51 in 3Q 2024). Revenue: US$625.6m (up 182% from 3Q 2024). Net income: US$19.9m (down 80% from 3Q 2024). Profit margin: 3.2% (down from 44% in 3Q 2024). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 4.3% decline forecast for the Oil and Gas industry in Norway.
공시 • Nov 26Cmb.Tech Nv Proposes Interim Dividend, Payable on or About 15 January 2026CMB.TECH intends to propose an interim dividend of USD 0.05 per share, which is expected to be paid on or about 15 January 2026, subject to completion of the required statutory procedures. Ex-dividend date is 6 January 2026. Record date is 7 January 2026.
공시 • Sep 25Cmb.Tech Nv Announces Supervisory Board and Committee ChangesCmb.Tech NV announced that Mrs. Julie De Nul has decided to resign as member of the Supervisory Board of CMB.TECH NV. The Supervisory Board has further decided to co-opt Mr. Carl Steen as independent member within the Supervisory Board. Mr. Carl Steen has been appointed to succeed Mrs. Julie de Nul as chairman of the Remuneration committee. Mr. Carl Steen graduated in 1975 from ETH Zurich Switzerland with a M.Sc. in Industrial and Management Engineering. After working for a number of high profile companies in Norway, he moved to Luxembourg in 1983 and started his banking career in Christiania Bank Luxembourg. Mr. Steen joined Nordea Bank from 2001 to February 2011 as head of the banks Shipping, Oil Services & International Division. Mr. Steen has been director in various Norwegian and international Companies within the shipping, offshore and banking sphere. From 2015-2022 he was Chairman in Euronav NV. He now serves as Chairman in Wilhelmsen Holding ASA and holds directorship in Golar LNG Ltd. and Himalaya Shipping Ltd.
공시 • Sep 23Cmb.Tech NV(OB:CMBTO) dropped from Oslo OBX Total Return IndexCmb.Tech NV has been dropped from the Oslo OBX Total Return Index
Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to kr98.60, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Oil and Gas industry in Norway.
New Risk • Aug 31New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Shares are highly illiquid. High level of non-cash earnings (21% accrual ratio). Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (23% net profit margin).
Reported Earnings • Aug 29Second quarter 2025 earnings released: EPS: US$0.04 (vs US$0.95 in 2Q 2024)Second quarter 2025 results: EPS: US$0.04 (down from US$0.95 in 2Q 2024). Revenue: US$387.8m (up 54% from 2Q 2024). Net income: US$7.77m (down 96% from 2Q 2024). Profit margin: 2.0% (down from 73% in 2Q 2024). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 5.5% decline forecast for the Oil and Gas industry in Norway.
공시 • Aug 28+ 1 more updateCmb.Tech NV Announces Supervisory Board ChangesCmb.Tech NV announced Supervisory Board changes. Mr. Marc Saverys has decided to resign as member and chairman of the Supervisory Board of CMB.TECH. Mr. Marc Saverys joined the Supervisory Board of CMB.TECH after the SGM of 23 March 2023 as a non-independent member. Mr. Patrick de Brabandere, as representative of Debemar BV has been appointed to succeed Mr. Marc Saverys as chairman of the Supervisory Board. The Supervisory Board has further decided to co-opt Mrs. Gudrun Janssens as independent member within the Supervisory Board: Mrs. Gudrun Janssens oversees BIMCO's EU-related marine environment, safety and technical affairs from the Brussels office. She has significant expertise in ship recycling. She studied Chemistry with a focus on environmental sciences and began her professional career at the Public Waste Agency of Flanders in 2000. As a senior policy advisor and member of the Belgian delegation to the IMO, she was involved in shaping the Belgian policy on ship waste management and ship recycling for over 15 years. Gudrun also worked for the European Community of Shipowners’ Associations (ECSA) and the Royal Belgian Shipowners Associations as Head of Environmental and Technical Affairs, managing environmental and climate-related shipping issues at both European and international levels.
New Risk • Aug 22New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 49% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (23% net profit margin).