Caverton Offshore Support Group Plc

NGSE:CAVERTON Stock Report

Market Cap: ₦22.6b

Caverton Offshore Support Group Past Earnings Performance

Past criteria checks 0/6

Caverton Offshore Support Group's earnings have been declining at an average annual rate of -57%, while the Energy Services industry saw earnings growing at 30% annually. Revenues have been growing at an average rate of 1.1% per year.

Key information

-57.01%

Earnings growth rate

-56.94%

EPS growth rate

Energy Services Industry Growth23.29%
Revenue growth rate1.13%
Return on equityn/a
Net Margin-45.62%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

Narrative Update Apr 07

Caverton Offshore Support Group Plc – Strategic Partnership to Deploy Electric Ferries Across African Waterways

Author: Qudus Adebara (Research Analyst, DLM Securities) Caverton Offshore Support Group Plc , through its subsidiary Caverton Marine, has entered into a landmark partnership with ExploMar to accelerate the adoption of electric-powered marine transport across Sub-Saharan Africa. The agreement, formalised at the Shanghai Boat Show 2026 , represents one of the most significant moves toward decarbonising Africa’s inland water transport system, with Lagos positioned as the pilot market.
Narrative Update Mar 15

Caverton Offshore Support Group Plc Expands Investments in Aviation, Technology, and Local Capacity Development

Author: Qudus Adebara (DLM Capital Group, Research Analyst) Overview Caverton Offshore Support Group Plc is intensifying its strategy to deepen local value addition across Nigeria’s oil and gas, aviation, agriculture, and security sectors. The company is expanding investments in pilot training, aircraft maintenance, and emerging technologies , positioning itself as a key indigenous player in the West African aviation and offshore logistics industry.
Narrative Update Mar 03

Caverton Offshore Support Group Plc Q3 Result – Challenging Period Amid FX Volatility and High Finance Costs

Analyst: Qudus Adebara (Research Analyst) Executive Summary Caverton Offshore Support Group Plc reported a challenging performance for the nine months ended September 30, 2025, impacted by significant foreign exchange losses, high finance costs, and operational pressures. Group revenue for 9M 2025 stood at ₦20.45 billion , reflecting operational stability compared to prior year, but overall profitability was constrained by net foreign exchange losses of ₦731 million, administrative costs of ₦6.62 billion, and substantial finance costs of ₦14.37 billion.
Narrative Update Nov 19

Caverton Offshore Support Group Plc – Strategic Initiatives Driving Future Growth

Researcher/ Analyst: Adebara Qudus (Founder of Wane Investment House) Caverton Offshore Support Group Plc continues to implement strategic initiatives designed to diversify revenue streams, enhance operational efficiency, and strengthen long-term shareholder value, positioning the Group for sustainable growth. Key initiatives include: 1.

Revenue & Expenses Breakdown

How Caverton Offshore Support Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NGSE:CAVERTON Revenue, expenses and earnings (NGN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2525,756-11,7515,4350
30 Sep 2526,403-16,8686,6900
30 Jun 2536,852-48,8028,8730
31 Mar 2539,868-50,7029,2930
31 Dec 2440,181-53,4729,6140
30 Sep 2441,982-53,88710,3590
30 Jun 2441,178-15,87711,2290
31 Mar 2435,614-14,18212,7560
31 Dec 2331,989-12,6549,2610
30 Sep 2331,427-5,3806,5170
30 Jun 2325,555-4,9453,4530
31 Mar 2326,931-5,7061,8810
31 Dec 2229,228-5,1273,1440
30 Sep 2229,719-5,1932,8750
30 Jun 2230,649-4,9282,7950
31 Mar 2234,577-3,9583,7260
31 Dec 2134,758-4,3043,7560
30 Sep 2135,6281,2104,1190
30 Jun 2134,1631,2123,7670
31 Mar 2132,4491,1783,035-6
31 Dec 2032,1731,1733,3360
30 Sep 2032,8292,9343,0480
30 Jun 2034,1533,4072,9340
31 Mar 2034,5213,8373,0066
31 Dec 1934,9784,3373,6060
30 Sep 1935,8304,7163,9940
30 Jun 1935,8964,5074,3880
31 Mar 1936,9944,2764,6070
31 Dec 1833,2143,7583,0560
30 Sep 1828,8663,0083,1280
30 Jun 1824,6502,9552,8040
31 Mar 1819,9972,6692,3320
31 Dec 1720,5412,5932,6030
30 Sep 1719,6972,8162,3250
30 Jun 1720,2803,594-1,9050
31 Mar 1719,9997041,2440
31 Dec 1619,3116041,9940
30 Sep 1619,848-1,4331,7780
30 Jun 1620,454-2,5166,0380
31 Mar 1621,6719762,9480
31 Dec 1523,2209742,6890
30 Sep 1524,0154937070
30 Jun 1524,3034821,5080

Quality Earnings: CAVERTON is currently unprofitable.

Growing Profit Margin: CAVERTON is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CAVERTON is unprofitable, and losses have increased over the past 5 years at a rate of 57% per year.

Accelerating Growth: Unable to compare CAVERTON's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CAVERTON is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (2.3%).


Return on Equity

High ROE: CAVERTON's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/19 09:06
End of Day Share Price 2026/05/19 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Caverton Offshore Support Group Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.