Prosafe Future Growth

Future criteria checks 5/6

Prosafe is forecast to grow earnings and revenue by 98.2% and 24.4% per annum respectively while EPS is expected to grow by 95.6% per annum.

Key information

98.2%

Earnings growth rate

95.6%

EPS growth rate

Energy Services earnings growth	30.2%
Revenue growth rate	24.4%
Future return on equity	n/a
Analyst coverage	Low
Last updated	02 Dec 2024

Recent future growth updates

Prosafe SE (OB:PRS) Just Reported And Analysts Have Been Cutting Their Estimates

Feb 04

Recent updates

Prosafe SE (OB:PRS) Held Back By Insufficient Growth Even After Shares Climb 64%

Jan 10

Prosafe (OB:PRS) Has Debt But No Earnings; Should You Worry?

Jan 09

Not Many Are Piling Into Prosafe SE (OB:PRS) Stock Yet As It Plummets 39%

Nov 15

The Market Doesn't Like What It Sees From Prosafe SE's (OB:PRS) Revenues Yet As Shares Tumble 27%

Sep 27

It's Down 26% But Prosafe SE (OB:PRS) Could Be Riskier Than It Looks

May 01

Investors Give Prosafe SE (OB:PRS) Shares A 31% Hiding

Feb 07

Some Prosafe SE (OB:PRS) Analysts Just Made A Major Cut To Next Year's Estimates

Feb 06

Prosafe SE (OB:PRS) Just Reported And Analysts Have Been Cutting Their Estimates

Feb 04

Even With A 25% Surge, Cautious Investors Are Not Rewarding Prosafe SE's (OB:PRS) Performance Completely

Dec 23

Prosafe SE's (OB:PRS) 29% Dip In Price Shows Sentiment Is Matching Revenues

Oct 27

The Consensus EPS Estimates For Prosafe SE (OB:PRS) Just Fell A Lot

Aug 19

Some Prosafe SE (OB:PRS) Analysts Just Made A Major Cut To Next Year's Estimates

Apr 27

We Like These Underlying Return On Capital Trends At Prosafe (OB:PRS)

Apr 04

Prosafe's (OB:PRS) Robust Earnings Are Not All Good News For Shareholders

Feb 20

Earnings and Revenue Growth Forecasts

OB:PRS - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	225	30	N/A	N/A	2
12/31/2025	152	-18	N/A	N/A	2
12/31/2024	139	-36	N/A	N/A	2
9/30/2024	131	-45	14	27	N/A
6/30/2024	129	-39	-12	4	N/A
3/31/2024	116	-55	-44	-19	N/A
12/31/2023	96	-68	-49	-11	N/A
9/30/2023	108	-60	-25	9	N/A
6/30/2023	138	-45	17	48	N/A
3/31/2023	178	-8	37	56	N/A
12/31/2022	199	2	39	49	N/A
9/30/2022	188	1,047	47	60	N/A
6/30/2022	171	1,028	42	53	N/A
3/31/2022	160	1,006	18	31	N/A
12/31/2021	140	928	6	23	N/A
9/30/2021	128	-139	-29	-15	N/A
6/30/2021	94	-154	-58	-44	N/A
3/31/2021	48	-185	-40	-28	N/A
12/31/2020	57	-950	-36	-33	N/A
9/30/2020	67	-934	-30	-21	N/A
6/30/2020	112	-1,271	-17	31	N/A
3/31/2020	183	-1,227	-17	57	N/A
12/31/2019	225	-400	9	87	N/A
9/30/2019	271	-412	32	103	N/A
6/30/2019	288	-164	53	89	N/A
3/31/2019	313	-159	100	113	N/A
12/31/2018	329	-114	138	147	N/A
9/30/2018	332	-49	158	166	N/A
6/30/2018	328	-572	N/A	158	N/A
3/31/2018	289	-612	N/A	134	N/A
12/31/2017	282	-647	N/A	156	N/A
9/30/2017	269	-720	N/A	179	N/A
6/30/2017	329	117	N/A	241	N/A
3/31/2017	383	155	N/A	266	N/A
12/31/2016	410	173	N/A	186	N/A
9/30/2016	408	62	N/A	150	N/A
6/30/2016	433	-86	N/A	81	N/A
3/31/2016	410	-79	N/A	102	N/A
12/31/2015	431	-51	N/A	172	N/A
9/30/2015	466	143	N/A	231	N/A
6/30/2015	482	158	N/A	315	N/A
3/31/2015	523	188	N/A	262	N/A
12/31/2014	490	179	N/A	248	N/A
9/30/2014	484	188	N/A	267	N/A
6/30/2014	474	205	N/A	274	N/A
3/31/2014	484	218	N/A	272	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PRS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).

Earnings vs Market: PRS is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PRS is expected to become profitable in the next 3 years.

Revenue vs Market: PRS's revenue (24.4% per year) is forecast to grow faster than the Norwegian market (1.8% per year).

High Growth Revenue: PRS's revenue (24.4% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if PRS's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/10 04:10
End of Day Share Price	2025/01/10 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

Prosafe SE is covered by 19 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
John A. Olaisen	ABG Sundal Collier
Wim Gille	ABN AMRO Bank N.V.
Kjetil Garstad	Arctic Securities ASA

Prosafe Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Prosafe SE (OB:PRS) Just Reported And Analysts Have Been Cutting Their Estimates

Consensus revenue estimates fall by 31%

Consensus revenue estimates fall by 11%

Consensus EPS estimates fall by 113%

Consensus forecasts updated

Analysts update estimates

Recent updates

Prosafe SE (OB:PRS) Held Back By Insufficient Growth Even After Shares Climb 64%

Now 23% overvalued

Prosafe (OB:PRS) Has Debt But No Earnings; Should You Worry?

Prosafe Se Announces Resignation of Gunnar Eliassen as Deputy Chair

Prosafe SE, Annual General Meeting, May 21, 2025

Prosafe SE to Report Q3, 2025 Results on Nov 13, 2025

Now 23% undervalued after recent price drop

Now 31% undervalued after recent price drop

New major risk - Share price stability

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Not Many Are Piling Into Prosafe SE (OB:PRS) Stock Yet As It Plummets 39%

The Market Doesn't Like What It Sees From Prosafe SE's (OB:PRS) Revenues Yet As Shares Tumble 27%

Second quarter 2024 earnings: EPS misses analyst expectations

New minor risk - Profitability

New minor risk - Profitability

First quarter 2024 earnings released: US$0.48 loss per share (vs US$2.47 loss in 1Q 2023)

It's Down 26% But Prosafe SE (OB:PRS) Could Be Riskier Than It Looks

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Investors Give Prosafe SE (OB:PRS) Shares A 31% Hiding

Some Prosafe SE (OB:PRS) Analysts Just Made A Major Cut To Next Year's Estimates

Prosafe SE (OB:PRS) Just Reported And Analysts Have Been Cutting Their Estimates

Full year 2023 earnings released: US$6.00 loss per share (vs US$0.17 profit in FY 2022)

New minor risk - Market cap size

Prosafe SE Announces Resignation of Simen Flaaten as Board member

Even With A 25% Surge, Cautious Investors Are Not Rewarding Prosafe SE's (OB:PRS) Performance Completely

Prosafe SE to Report Q2, 2024 Results on Aug 15, 2024

Third quarter 2023 earnings released: US$0.49 loss per share (vs US$1.13 profit in 3Q 2022)

Prosafe SE's (OB:PRS) 29% Dip In Price Shows Sentiment Is Matching Revenues

New minor risk - Share price stability

Prosafe SE to Report Q3, 2023 Results on Oct 25, 2023

Prosafe Se: Announces Resignation of Alf C. Thorkildsen as Board Member

Prosafe SE to Report Q4, 2023 Results on Feb 01, 2024

Consensus revenue estimates fall by 31%

The Consensus EPS Estimates For Prosafe SE (OB:PRS) Just Fell A Lot

Second quarter 2023 earnings released: US$2.59 loss per share (vs US$1.20 profit in 2Q 2022)

Prosafe SE Announces Executive Changes

Prosafe Se Approves Board Elections

Prosafe Se Announces Executive Changes

First quarter 2023 earnings released: US$2.47 loss per share (vs US$1.35 loss in 1Q 2022)

Investor sentiment deteriorates as stock falls 16%

Some Prosafe SE (OB:PRS) Analysts Just Made A Major Cut To Next Year's Estimates

Consensus revenue estimates fall by 11%

We Like These Underlying Return On Capital Trends At Prosafe (OB:PRS)

Consensus EPS estimates fall by 113%

Full year 2022 earnings: EPS misses analyst expectations

Prosafe SE to Report Q4, 2022 Results on Feb 28, 2023

Prosafe SE to Report Q1, 2023 Results on May 11, 2023

Independent Non-Executive Director recently sold kr3.5m worth of stock

Independent Non-Executive Director recently sold kr3.5m worth of stock

Consensus forecasts updated

Third quarter 2022 earnings: Revenues exceed analyst expectations

Second quarter 2022 earnings: Revenues exceed analyst expectations

Prosafe SE Announces Executive Changes

Prosafe SE ADR – Unsponsored to Be Deleted from Other OTC

Prosafe SE ADR – Unsponsored to Be Deleted from Other OTC

Independent Non-Executive Director recently bought kr639k worth of stock

First quarter 2022 earnings: Revenues exceed analyst expectations

Prosafe SE Appoints Halvard Idland as New Director

Full year 2021 earnings: Revenues exceed analyst expectations

Prosafe SE Announces Resignation of Stig H. Christiansen as CFO

Independent Non-Executive Director recently bought kr1.2m worth of stock

Independent Non-Executive Director recently bought kr1.3m worth of stock

Prosafe's (OB:PRS) Robust Earnings Are Not All Good News For Shareholders

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Third quarter 2021 earnings released: US$0.10 loss per share (vs US$0.28 loss in 3Q 2020)

Chief Executive Officer recently sold kr128k worth of stock

Second quarter 2021 earnings released: US$0.13 loss per share (vs US$0.48 loss in 2Q 2020)

First quarter 2021 earnings released: US$1.02 loss per share (vs US$9.72 loss in 1Q 2020)

Gulating Court of Appeal Judgement in the Case Between Prosafe and Westcon Regarding the TSV Safe Scandinavia Conversion