Gulf Marine Services (GMS)

Sector:

Fossil Fuels Production & Distribution

Index:

FTSE Small Cap

19.80p
   
  • Change Today:
      0.40p
  • 52 Week High: 20.00p
  • 52 Week Low: 14.80p
  • Currency: UK Pounds
  • Shares Issued: 1,129.95m
  • Volume: 4,617,478
  • Market Cap: £223.73m

Dividend Data

  31-Dec-2431-Dec-2331-Dec-2231-Dec-2131-Dec-20
Total Dividendn/an/an/an/a1.61p
For more dividend details, click here

Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Income Statement 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
Revenue 167.49 151.60 133.16 115.13 102.49
Operating Profit/(Loss) 72.61 88.19 47.32 48.35 (73.74)
Net Interest (23.43) (31.21) (17.65) (14.45) (46.72)
Profit Before Tax 43.18 44.93 27.13 32.93 (125.02)
Profit After Tax 38.26 42.07 25.40 31.22 (124.30)
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 38.26 42.07 25.40 31.22 (124.30)
Attributable to:          
Equity Holders of Parent Company 37.98 41.34 25.33 31.00 (124.34)
Minority Interests 0.28 0.73 0.08 0.22 0.04
           
Continuing EPS          
Earnings per Share - Basic 3.61¢ 4.07¢ 2.49¢ 4.48¢ (23.48¢)
Earnings per Share - Diluted 3.39¢ 3.92¢ 2.47¢ 4.46¢ (23.48¢)
Earnings per Share - Adjusted 3.04¢ 0.89¢ 1.73¢ 4.48¢ (2.90¢)
Continuing and Discontinued EPS          
Earnings per Share - Basic 3.61¢ 4.07¢ 2.49¢ 4.48¢ (23.48¢)
Earnings per Share - Diluted 3.39¢ 3.92¢ 2.47¢ 4.46¢ (23.48¢)
Earnings per Share - Adjusted 3.04¢ 0.89¢ 1.73¢ 4.48¢ (2.90¢)
           
Dividend per Share n/a n/a n/a n/a n/a
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Assets          
Non-Current Assets          
Property, Plant & Equipment 596.46 609.76 596.33 608.41 608.42
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 11.87 11.20 8.93 8.80 10.39
  608.33 620.96 605.26 617.21 618.81
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 34.80 38.70 40.90 48.92 31.83
Cash at Bank & in Hand 40.01 8.67 12.27 8.27 3.80
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a n/a 0.39 n/a n/a
  74.81 47.37 53.56 57.19 35.63
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 683.14 668.33 658.82 674.40 654.44
           
Liabilities          
Current Liabilities          
Borrowings 43.10 43.12 31.84 27.91 32.79
Other Current Liabilities 57.42 56.36 37.50 25.12 28.18
  100.52 99.48 69.34 53.04 60.97
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 197.28 236.17 299.76 354.54 380.58
Provisions 2.64 2.39 2.14 2.32 2.19
Other Non-Current Liabilities n/a n/a n/a 1.79 3.84
  199.92 238.57 301.90 358.65 386.61
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 300.44 338.05 371.24 411.69 447.58
           
Net Assets 382.70 330.28 287.57 262.71 206.86
           
Capital & Reserves          
Share Capital 31.47 30.12 30.12 76.56 58.06
Share Premium Account 112.00 99.11 99.11 99.11 93.08
Other Reserves 3.55 3.64 6.65 (39.26) (39.35)
Retained Earnings 232.68 194.70 149.71 124.39 93.39
Shareholders Funds 379.70 327.57 285.59 260.80 205.17
           
Minority Interests/Other Equity 3.00 2.71 1.99 1.91 1.69
Total Equity 382.70 330.28 287.57 262.71 206.86
Cash Flow 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Net Cash Flow From Operating Activities 105.96 94.40 82.57 40.51 44.27
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 (8.77) (12.79) (6.30) (11.50) (12.35)
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 (63.45) (85.22) (72.26) (24.54) (36.52)
Net Increase/Decrease In Cash 33.74 (3.61) 4.00 4.47 (4.61)
Ratios - based on IFRS 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
PE Ratio - Adjusted 6.7 21.9 3.6 1.7 n/a
PEG - Adjusted 0.0 n/a n/a n/a n/a
Earnings per Share Growth - Adjusted 242% -49% -61% n/a n/a
Dividend Cover n/a n/a n/a n/a n/a
Revenue per Share 14.82¢ 13.42¢ 11.78¢ 10.19¢ 9.07¢
Pre-Tax Profit per Share 3.82¢ 3.98¢ 2.40¢ 2.91¢ (11.06¢)
Operating Margin 43.35% 58.17% 35.54% 42.00% (71.95%)
Return on Capital Employed 10.65% 12.44% 7.21% 7.32% n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 6.7 21.9 3.6 1.7 n/a
PEG - Adjusted 0.0 n/a n/a n/a n/a
Earnings per Share Growth - Adjusted 242% -49% -61% n/a 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 9.38¢ 8.36¢ 7.31¢ 3.58¢ 3.92¢
Cash Incr/Decr per Share 2.99¢ (0.32¢) 0.35¢ 0.40¢ (0.41¢)
Net Asset Value per Share (exc. Intangibles) 33.87¢ 29.23¢ 25.45¢ 23.25¢ 18.31¢
Net Gearing 52.77% 82.62% 111.82% 143.48% 199.63%

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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