Gulf Marine Services (GMS)

Sector:

Fossil Fuels Production & Distribution

Index:

FTSE Small Cap

19.42p
   
  • Change Today:
    -0.98p
  • 52 Week High: 24.15
  • 52 Week Low: 14.70
  • Currency: UK Pounds
  • Shares Issued: 1,152.17m
  • Volume: 2,398,582
  • Market Cap: £223.75m

Dividend Data

  31-Dec-2531-Dec-2431-Dec-2331-Dec-2231-Dec-21
Total Dividendn/an/an/an/an/a
For more dividend details, click here

Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Income Statement 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Continuing Operations          
Revenue 180.12 167.49 151.60 133.16 115.13
Operating Profit/(Loss) 54.69 72.61 88.19 47.32 48.35
Net Interest 0.01 0.09 (31.21) (17.65) (14.45)
Profit Before Tax 35.76 43.18 44.93 27.13 32.93
Profit After Tax 19.46 38.26 42.07 25.40 31.22
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 19.46 38.26 42.07 25.40 31.22
Attributable to:          
Equity Holders of Parent Company 18.90 37.98 41.34 25.33 31.00
Minority Interests 0.56 0.28 0.73 0.08 0.22
           
Continuing EPS          
Earnings per Share - Basic 167.00¢ 361.00¢ 4.07¢ 2.49¢ 4.48¢
Earnings per Share - Diluted 164.00¢ 339.00¢ 3.92¢ 2.47¢ 4.46¢
Earnings per Share - Adjusted 167.00¢ 361.00¢ 0.89¢ 1.73¢ 4.48¢
Continuing and Discontinued EPS          
Earnings per Share - Basic 167.00¢ 361.00¢ 4.07¢ 2.49¢ 4.48¢
Earnings per Share - Diluted 164.00¢ 339.00¢ 3.92¢ 2.47¢ 4.46¢
Earnings per Share - Adjusted 167.00¢ 361.00¢ 0.89¢ 1.73¢ 4.48¢
           
Dividend per Share n/a n/a n/a n/a n/a
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Assets          
Non-Current Assets          
Property, Plant & Equipment 620.84 608.33 609.76 596.33 608.41
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties n/a n/a n/a n/a n/a
Investments n/a n/a n/a n/a n/a
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets n/a n/a 11.20 8.93 8.80
  620.84 608.33 620.96 605.26 617.21
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 51.33 34.80 38.70 40.90 48.92
Cash at Bank & in Hand 27.75 40.01 8.67 12.27 8.27
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a n/a n/a 0.39 n/a
  79.08 74.81 47.37 53.56 57.19
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 699.93 683.14 668.33 658.82 674.40
           
Liabilities          
Current Liabilities          
Borrowings 54.49 43.10 43.12 31.84 27.91
Other Current Liabilities 60.35 57.42 56.36 37.50 25.12
  114.84 100.52 99.48 69.34 53.04
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 160.06 197.28 236.17 299.76 354.54
Provisions 2.26 2.64 2.39 2.14 2.32
Other Non-Current Liabilities 0.50 n/a n/a n/a 1.79
  162.82 199.92 238.57 301.90 358.65
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 277.66 300.44 338.05 371.24 411.69
           
Net Assets 422.27 382.70 330.28 287.57 262.71
           
Capital & Reserves          
Share Capital 33.58 31.47 30.12 30.12 76.56
Share Premium Account 129.30 112.00 99.11 99.11 99.11
Other Reserves 7.81 6.55 3.64 6.65 (39.26)
Retained Earnings 251.57 232.68 194.70 149.71 124.39
Shareholders Funds 422.27 382.70 327.57 285.59 260.80
           
Minority Interests/Other Equity n/a n/a 2.71 1.99 1.91
Total Equity 422.27 382.70 330.28 287.57 262.71
Cash Flow 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Net Cash Flow From Operating Activities 88.44 103.56 94.40 82.57 40.51
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (25.26) (8.77) (12.79) (6.30) (11.50)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (75.44) (63.45) (85.22) (72.26) (24.54)
Net Increase/Decrease In Cash (12.25) 31.34 (3.61) 4.00 4.47
Ratios - based on IFRS 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Continuing Operations          
PE Ratio - Adjusted 0.2 0.1 22.2 3.7 1.8
PEG - Adjusted n/a 0.0 n/a n/a n/a
Earnings per Share Growth - Adjusted -54% 40,462% -49% -61% n/a
Dividend Cover n/a n/a n/a n/a n/a
Revenue per Share 15.63¢ 14.54¢ 13.16¢ 11.56¢ 9.99¢
Pre-Tax Profit per Share 3.10¢ 3.75¢ 3.90¢ 2.35¢ 2.86¢
Operating Margin 30.36% 43.35% 58.17% 35.54% 42.00%
Return on Capital Employed 5.59% 6.89% 12.44% 7.21% 7.32%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 0.2 0.1 22.2 3.7 1.8
PEG - Adjusted n/a 0.0 n/a n/a n/a
Earnings per Share Growth - Adjusted -54% 40,462% -49% -61% n/a
Dividend Cover n/a n/a n/a n/a n/a
           
Dividend Yield 0.0% 0.0% 0.0% 0.0% 0.0%
Dividend per Share Growth n/a n/a n/a n/a n/a
Operating Cash Flow per Share 7.68¢ 8.99¢ 8.19¢ 7.17¢ 3.52¢
Cash Incr/Decr per Share (1.06¢) 2.72¢ (0.31¢) 0.35¢ 0.39¢
Net Asset Value per Share (exc. Intangibles) 36.65¢ 33.22¢ 28.67¢ 24.96¢ 22.80¢
Net Gearing 44.24% 52.36% 82.62% 111.82% 143.48%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 3: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 4: Forecast figures based on normalised accounts.

 

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