Sea1 Offshore Past Earnings Performance
Past criteria checks 5/6
Sea1 Offshore has been growing earnings at an average annual rate of 63.6%, while the Energy Services industry saw earnings growing at 37.9% annually. Revenues have been growing at an average rate of 5.8% per year. Sea1 Offshore's return on equity is 69.9%, and it has net margins of 75.4%.
Key information
63.6%
Earnings growth rate
65.7%
EPS growth rate
| Energy Services Industry Growth | 25.6% |
| Revenue growth rate | 5.8% |
| Return on equity | 69.9% |
| Net Margin | 75.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Shareholders In Sea1 Offshore (OB:SEA1) Should Look Beyond Earnings For The Full Story
Nov 07
There Is A Reason Sea1 Offshore Inc.'s (OB:SEA1) Price Is Undemanding
Aug 22If EPS Growth Is Important To You, Sea1 Offshore (OB:SEA1) Presents An Opportunity
Aug 06Benign Growth For Sea1 Offshore Inc. (OB:SEA1) Underpins Its Share Price
May 22With EPS Growth And More, Siem Offshore (OB:SIOFF) Makes An Interesting Case
Apr 20Siem Offshore (OB:SIOFF) Has A Pretty Healthy Balance Sheet
Mar 24Is Siem Offshore (OB:SIOFF) Using Too Much Debt?
Dec 15Returns At Siem Offshore (OB:SIOFF) Are On The Way Up
Nov 25With EPS Growth And More, Siem Offshore (OB:SIOFF) Makes An Interesting Case
Sep 21Siem Offshore (OB:SIOFF) Seems To Use Debt Quite Sensibly
Aug 30Siem Offshore's (OB:SIOFF) Returns On Capital Are Heading Higher
Jul 11Siem Offshore (OB:SIOFF) Might Have The Makings Of A Multi-Bagger
Apr 01We Think Siem Offshore (OB:SIOFF) Is Taking Some Risk With Its Debt
Feb 25Investors Will Want Siem Offshore's (OB:SIOFF) Growth In ROCE To Persist
Dec 10Improved Earnings Required Before Siem Offshore Inc. (OB:SIOFF) Stock's 33% Jump Looks Justified
Oct 29Here's Why Siem Offshore (OB:SIOFF) Has A Meaningful Debt Burden
Sep 21Is Siem Offshore (OB:SIOFF) A Risky Investment?
Jun 04Siem Offshore (OB:SIOFF) Is Experiencing Growth In Returns On Capital
May 06Here's Why Siem Offshore (OB:SIOFF) Has A Meaningful Debt Burden
Mar 02Returns On Capital Are Showing Encouraging Signs At Siem Offshore (OB:SIOFF)
Jan 06Is Siem Offshore (OB:SIOFF) Using Too Much Debt?
Nov 05Siem Offshore's (OB:SIOFF) Robust Earnings Might Be Weaker Than You Think
Sep 02Siem Offshore (OB:SIOFF) Might Have The Makings Of A Multi-Bagger
Sep 01Auditors Are Concerned About Siem Offshore (OB:SIOFF)
Apr 29Siem Offshore's (OB:SIOFF) Returns On Capital Are Heading Higher
Mar 30Siem Offshore's (OB:SIOFF) Shareholders Are Down 73% On Their Shares
Feb 23Siem Offshore (OB:SIOFF) Takes On Some Risk With Its Use Of Debt
Jan 19
What These Trends Mean At Siem Offshore (OB:SIOFF)
Dec 15Revenue & Expenses Breakdown
How Sea1 Offshore makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 358 | 270 | 2 | 0 |
| 30 Jun 24 | 362 | 257 | 2 | 0 |
| 31 Mar 24 | 343 | 155 | 0 | 0 |
| 31 Dec 23 | 336 | 175 | 0 | 0 |
| 30 Sep 23 | 315 | 68 | 0 | 0 |
| 30 Jun 23 | 303 | 65 | 0 | 0 |
| 31 Mar 23 | 290 | 54 | 0 | 0 |
| 31 Dec 22 | 274 | 31 | 0 | 0 |
| 30 Sep 22 | 275 | 45 | 1 | 0 |
| 30 Jun 22 | 268 | 39 | 1 | 0 |
| 31 Mar 22 | 259 | 124 | 0 | 0 |
| 31 Dec 21 | 254 | 108 | 0 | 0 |
| 30 Sep 21 | 246 | 59 | 0 | 0 |
| 30 Jun 21 | 250 | 54 | 0 | 0 |
| 31 Mar 21 | 248 | -287 | 0 | 0 |
| 31 Dec 20 | 245 | -299 | 0 | 0 |
| 30 Sep 20 | 259 | -313 | -2 | 0 |
| 30 Jun 20 | 266 | -312 | -2 | 0 |
| 31 Mar 20 | 276 | -93 | 0 | 0 |
| 31 Dec 19 | 293 | -93 | 0 | 0 |
| 30 Sep 19 | 294 | -87 | -1 | 0 |
| 30 Jun 19 | 303 | -88 | 0 | 0 |
| 31 Mar 19 | 311 | -67 | -1 | 0 |
| 31 Dec 18 | 308 | -71 | 0 | 0 |
| 30 Sep 18 | 302 | -98 | 0 | 0 |
| 30 Jun 18 | 307 | -92 | 1 | 0 |
| 31 Mar 18 | 303 | -169 | 3 | 0 |
| 31 Dec 17 | 307 | -160 | 3 | 0 |
| 30 Sep 17 | 372 | -213 | -1 | 0 |
| 30 Jun 17 | 447 | -215 | 2 | 0 |
| 31 Mar 17 | 468 | -148 | 3 | 0 |
| 31 Dec 16 | 469 | -142 | 3 | 0 |
| 30 Sep 16 | 427 | -121 | -2 | 0 |
| 30 Jun 16 | 342 | -133 | -3 | 0 |
| 31 Mar 16 | 367 | -170 | -1 | 0 |
| 31 Dec 15 | 422 | -187 | 3 | 0 |
| 30 Sep 15 | 448 | -65 | -3 | 0 |
| 30 Jun 15 | 519 | -38 | 1 | 0 |
| 31 Mar 15 | 523 | 18 | 3 | 0 |
| 31 Dec 14 | 491 | 58 | 4 | 0 |
| 30 Sep 14 | 471 | 41 | 14 | 0 |
| 30 Jun 14 | 414 | 45 | 12 | 0 |
| 31 Mar 14 | 379 | 17 | 8 | 0 |
| 31 Dec 13 | 364 | 22 | 9 | 0 |
Quality Earnings: SEA1 has a large one-off gain of $205.1M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: SEA1's current net profit margins (75.4%) are higher than last year (21.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SEA1 has become profitable over the past 5 years, growing earnings by 63.6% per year.
Accelerating Growth: SEA1's earnings growth over the past year (296.1%) exceeds its 5-year average (63.6% per year).
Earnings vs Industry: SEA1 earnings growth over the past year (296.1%) exceeded the Energy Services industry 19%.
Return on Equity
High ROE: SEA1's Return on Equity (69.9%) is considered outstanding.