Gulf Marine Services (GMS)

Sector:

Fossil Fuels Production & Distribution

Index:

FTSE Small Cap

19.70p
   
  • Change Today:
      0.20p
  • 52 Week High: 21.50
  • 52 Week Low: 4.57
  • Currency: UK Pounds
  • Shares Issued: 1,016.41m
  • Volume: 1,304,718
  • Market Cap: £200.23m

Dividend Data

  31-Dec-2231-Dec-2131-Dec-2031-Dec-1931-Dec-18
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-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Continuing Operations          
Revenue 133.16 115.13 102.49 108.72 123.33
Operating Profit/(Loss) 47.32 48.35 (73.74) (49.72) 28.87
Net Interest (20.13) (14.45) (46.72) (32.05) (31.28)
Profit Before Tax 27.13 32.93 (125.02) (81.77) (2.40)
Profit After Tax 25.40 31.22 (124.30) (85.47) (5.10)
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 25.40 31.22 (124.30) (85.47) (5.10)
Attributable to:          
Equity Holders of Parent Company 25.33 31.00 (124.34) (85.78) (6.13)
Minority Interests 0.08 0.22 0.04 0.31 1.02
           
Continuing EPS          
Earnings per Share - Basic 2.49¢ 4.48¢ (23.48¢) (15.16¢) (1.08¢)
Earnings per Share - Diluted 2.47¢ 4.46¢ (23.48¢) (15.16¢) (1.08¢)
Earnings per Share - Adjusted 2.49¢ 4.48¢ (2.90¢) (15.16¢) (1.08¢)
Continuing and Discontinued EPS          
Earnings per Share - Basic 2.49¢ 4.48¢ (23.48¢) (15.16¢) (1.08¢)
Earnings per Share - Diluted 2.47¢ 4.46¢ (23.48¢) (15.16¢) (1.08¢)
Earnings per Share - Adjusted 2.49¢ 4.48¢ (2.90¢) (15.16¢) (1.08¢)
           
Dividend per Share n/a n/a n/a n/a n/a
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Assets          
Non-Current Assets          
Property, Plant & Equipment 596.33 608.41 608.42 716.88 798.59
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 8.93 8.80 10.39 5.45 4.27
  605.26 617.21 618.81 722.33 802.86
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 40.90 48.92 31.83 39.19 40.92
Cash at Bank & in Hand 12.27 8.27 3.80 8.40 11.05
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 0.39 n/a n/a 0.30 0.54
  53.56 57.19 35.63 47.89 52.51
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 658.82 674.40 654.44 770.22 855.37
           
Liabilities          
Current Liabilities          
Borrowings 31.84 27.91 32.79 400.46 411.52
Other Current Liabilities 37.50 25.12 28.18 37.81 25.06
  69.34 53.04 60.97 438.27 436.57
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 299.76 354.54 380.58 n/a n/a
Provisions 2.14 2.32 2.19 2.28 2.73
Other Non-Current Liabilities n/a 1.79 3.84 n/a n/a
  301.90 358.65 386.61 2.28 2.73
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 371.24 411.69 447.58 440.55 439.31
           
Net Assets 287.57 262.71 206.86 329.67 416.06
           
Capital & Reserves          
Share Capital 30.12 76.56 58.06 58.06 57.99
Share Premium Account 99.11 99.11 93.08 93.08 93.08
Other Reserves 6.65 (39.26) (39.35) (40.85) (39.67)
Retained Earnings 149.71 124.39 93.39 217.72 303.32
Shareholders Funds 285.59 260.80 205.17 328.00 415.00
           
Minority Interests/Other Equity 1.99 1.91 1.69 1.66 1.35
Total Equity 287.57 262.71 206.86 329.67 416.06
Cash Flow 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Net Cash Flow From Operating Activities 82.57 40.51 44.27 51.34 28.88
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 (6.30) (11.50) (12.35) (9.42) (22.98)
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 (72.26) (24.54) (36.52) (44.56) (33.81)
Net Increase/Decrease In Cash 4.00 4.47 (4.61) (2.64) (27.91)
Ratios - based on IFRS 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Continuing Operations          
PE Ratio - Adjusted 2.4 1.6 n/a n/a n/a
PEG - Adjusted n/a n/a n/a n/a n/a
Earnings per Share Growth - Adjusted -44% n/a n/a n/a n/a
Dividend Cover n/a n/a n/a n/a n/a
Revenue per Share 13.10¢ 0.11¢ 10.08¢ 10.70¢ 12.13¢
Pre-Tax Profit per Share 2.67¢ 0.033¢ (12.30¢) (8.04¢) (0.24¢)
Operating Margin 35.54% 42.00% (71.95%) (45.73%) 23.41%
Return on Capital Employed 7.61% 0.07% n/a n/a 3.48%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 2.4 160.8 n/a n/a n/a
PEG - Adjusted 0.0 n/a n/a n/a n/a
Earnings per Share Growth - Adjusted 5,406% n/a n/a 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 8.12¢ 3.99¢ 4.36¢ 5.05¢ 2.84¢
Cash Incr/Decr per Share 0.39¢ n/a (0.45¢) (0.26¢) (2.75¢)
Net Asset Value per Share (exc. Intangibles) 28.29¢ 25.85¢ 20.35¢ 32.44¢ 40.93¢
Net Gearing 111.82% 143.48% 199.63% 119.53% 96.50%

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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