Reported Earnings • Apr 27
Full year 2025 earnings released: EPS: US$0.26 (vs US$0.27 in FY 2024) Full year 2025 results: EPS: US$0.26. Revenue: US$55.7m (down 4.6% from FY 2024). Net income: US$23.9m (up 3.0% from FY 2024). Profit margin: 43% (up from 40% in FY 2024). The increase in margin was driven by lower expenses. Reported Earnings • Feb 10
Full year 2025 earnings released: EPS: US$0.26 (vs US$0.27 in FY 2024) Full year 2025 results: EPS: US$0.26. Revenue: US$55.7m (down 4.6% from FY 2024). Net income: US$23.9m (up 3.0% from FY 2024). Profit margin: 43% (up from 40% in FY 2024). The increase in margin was driven by lower expenses. Revenue is expected to decline by 8.5% p.a. on average during the next 2 years, while revenues in the Energy Services industry in Europe are expected to grow by 3.7%. Announcement • Jan 06
Deep Value Driller as Declares Dividend for January 2026, Payable on or About 15 January 2026 Deep Value Driller AS's board of directors has resolved to distribute a dividend in the amount of NOK 0.25 per share, in total approximately NOK 23.3 million, for January 2026. The dividend is expected to be paid on or about 15 January 2026. DVD notes that pursuant to the Company's loan facility, as amended 14 April 2025, the Company is required to retain an amount equal to 12 months' of interest payments which is not available for distribution. Ex-date is 7 January 2026. Record date is 8 January 2026. New Risk • Nov 18
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 27% 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 Shares are highly illiquid. Earnings are forecast to decline by an average of 27% per year for the foreseeable future. Minor Risk High level of debt (931% net debt to equity). Board Change • Nov 15
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Director Glen Rodland was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Sep 24
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Director Glen Rodland was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Jun 14
Deep Value Driller AS Announces Dividend Deep Value Driller AS announced dividend amount of NOK 0.25 per share, ex. date is 11 June 2025. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €1.26, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 7x in the Energy Services industry in Europe. Announcement • Apr 15
Deep Value Driller as Distribute A Dividend for April 2025, Payable on or About 24 April 2025 Deep Value Driller AS has resolved to distribute a dividend in the amount of NOK 0.25 per share, in total approximately NOK 23.3 million, for April 2025. Ex-date is 16 April 2025. Record date is 22 April 2025. Payment date is On or about 24 April 2025. Date of approval is 14 April 2025. Board Change • Apr 04
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. 3 non-independent directors. Director Glen Rodland was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Mar 13
Chairman recently bought €104k worth of stock On the 7th of March, Einar Greve bought around 98k shares on-market at roughly €1.06 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Einar's only on-market trade for the last 12 months. Reported Earnings • Mar 11
Full year 2024 earnings released: EPS: US$0.25 (vs US$0.28 loss in FY 2023) Full year 2024 results: EPS: US$0.25 (up from US$0.28 loss in FY 2023). Revenue: US$57.4m (up 355% from FY 2023). Net income: US$22.0m (up US$46.3m from FY 2023). Profit margin: 38% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Revenue is expected to decline by 8.1% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Europe are expected to grow by 2.7%. Announcement • Mar 07
Deep Value Driller AS Announces Cash Dividend, Payable on or About 19 March 2025 In accordance with Deep Value Driller AS's updated dividend policy as announced on 4 October 2024, DVD's board of directors has resolved to distribute a dividend in the amount of NOK 0.25 per share, in total approximately NOK 21.6 million, for March 2025. The dividend is expected to be paid on or about 19 March 2025 and will be regarded as repayment of paid in capital by the shareholders of DVD. The dividend is resolved based on the board's authorisation as granted by DVD's annual general meeting on 14 May 2024. Board Change • Mar 06
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. 3 non-independent directors. Director Glen Rodland was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 07
Deep Value Driller AS Resolves to Distribute Dividend for February 2025, Payable on or About 14 February 2025 Deep Value Driller AS reported interim results for the fourth quarter of 2024 and the board of directors' resolution to distribute a dividend of NOK 0.25 per share for February 2025. The dividend is expected to be paid on or about 14 February 2025 and will be regarded as repayment of paid in capital by the shareholders of DVD. The dividend is resolved based on the board's authorisation as granted by DVD's annual general meeting on 14 May 2024. Board Change • Jan 29
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. 3 non-independent directors. Director Glen Rodland was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 18
Deep Value Driller AS, Annual General Meeting, Jun 06, 2025 Deep Value Driller AS, Annual General Meeting, Jun 06, 2025. Board Change • Dec 23
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. 3 non-independent directors. Director Glen Rodland was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €1.44, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 7x in the Energy Services industry in Europe. Board Change • Nov 18
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. 3 non-independent directors. Director Glen Rodland was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 01
Deep Value Driller AS Resolves to Distribute A Dividend for November 2024, to Be Paid on or About 7 November 2024 Deep Value Driller AS announced in accordance with DVD's updated dividend policy as announced on 4 October 2024, DVD's board of directors has resolved to distribute a dividend in the amount of NOK 0.25 per share, in total approximately NOK 21.6 million, for November 2024. The dividend is expected to be paid on or about 7 November 2024 and will be regarded as repayment of paid in capital by the shareholders of DVD. Ex-date of 5 November 2024. Record date of 6 November 2024. Board Change • Oct 14
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. 3 non-independent directors. Director Glen Rodland was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 04
Deep Value Driller AS Announces Dividend, Payable on or About 11 October 2024 The board of directors of Deep Value Driller AS has resolved to distribute a dividend in the amount of NOK 1.00 per share, in total approximately NOK 86.4 million. The dates relevant to the proposed dividend distribution are set out below: Last day including right: 7 October 2024. Ex-date: 8 October 2024. Record date: 9 October 2024. Payment date: On or about 11 October 2024. Date of approval: 4 October 2024. Board Change • Aug 28
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. 3 non-independent directors. Director Glen Rodland was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 14
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. 3 non-independent directors. Director Glen Rodland was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 16
Deep Value Driller AS Approves Dividend, Payable on or About May 31, 2024 Deep Value Driller AS approved as proposed by the board, including the distribution of a dividend in the amount of NOK 3.00 per share, in total approximately NOK 260 million, on the basis of the annual accounts for 2023. The dividend will be paid on or about 31 May 2024 to the shareholders of Deep Value Driller as of 14 May 2024, as registered in the VPS on 16 May 2024. The shares will trade exclusive the right to receive dividend from and including 15 May 2024. Board Change • Apr 18
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. 3 non-independent directors. Director Glen Rodland was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 27
Deep Value Driller AS Proposes Dividend, Payable on or About 31 May 2024 The board of directors of Deep Value Driller AS has resolved to propose that the annual general meeting of the company, expected to be held on 14 May 2024, resolves to distribute a dividend in the amount of NOK 3.00 per share, in total approximately NOK 260 million. Ex-date: 15 May 2024. Record date: 16 May 2024. Payment date: On or about 31 May 2024. The distribution shall constitute a repayment of DVD's paid-in capital. Breakeven Date Change • Dec 09
Forecast to breakeven in 2024 The 2 analysts covering Deep Value Driller expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 26% to 2023. The company is expected to make a profit of US$36.0m in 2024. Average annual earnings growth of 106% is required to achieve expected profit on schedule. Board Change • Dec 09
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. 3 non-independent directors. Director Glen Rodland was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 23
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. 3 non-independent directors. Director Glen Rodland was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 12
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. 3 non-independent directors. Director Glen Rodland was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.