Caverton Offshore Support Group Plc (NGX:CAVERTON)

Nigeria · Delayed Price · Currency is NGN

3.350

+0.300 (9.84%)

At close: Nov 4, 2026

NGX:CAVERTON Financials Overview

Financials in millions NGN. Fiscal year is January - December.

Millions NGN. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	24,058	24,103	40,181	31,989	29,228	34,758
Revenue Growth	-9.99%	-40.02%	25.61%	9.45%	-15.91%	8.04%
Gross Profit	9,109	11,667	7,810	6,345	3,202	7,687
Operating Income	-9,623	4,986	-4,087	-5,232	-1,704	3,780
Net Income	-23,072	-13,786	-53,614	-12,654	-5,127	-4,304
Earnings Per Share	-6.88	-4.11	-16.00	-3.78	-1.53	-1.28
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Aviation Services	22,578	38,501	30,416	28,427	34,059
Marine Services	1,525	1,680	1,573	801.12	125.14
Total	24,103	40,181	31,989	29,228	34,189

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	2,379	4,173	447.86	20,929	3,490	7,184
Total Debt	87,589	82,167	70,125	53,969	42,719	40,336
Net Cash (Debt)	-85,210	-77,993	-69,677	-33,040	-39,229	-33,152
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-25.42	-23.28	-20.80	-9.86	-11.71	-9.89

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-10,280	580.1	-5,580	28,819	116.51	4,942
Capital Expenditures	-4,085	-2,364	-1,443	-4,694	-459.12	-3,441
Free Cash Flow	-14,365	-1,784	-7,023	24,125	-342.61	1,501
Free Cash Flow Growth	-	-	-	-	-	-44.74%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	37.86%	48.41%	19.44%	19.84%	10.96%	22.11%
Operating Margin	-40.00%	20.69%	-10.17%	-16.36%	-5.83%	10.87%
Pretax Margin	-96.65%	-57.56%	-133.57%	-39.66%	-17.40%	-16.11%
Profit Margin	-95.90%	-57.20%	-133.43%	-39.56%	-17.54%	-12.38%
FCF Margin	-59.71%	-7.40%	-17.48%	75.42%	-1.17%	4.32%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 5, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Forward PE	-	2.25	2.25	2.25	2.25	2.25
P/FCF Ratio	-	-	-	0.25	-	3.84
PS Ratio	0.47	0.75	0.19	0.19	0.11	0.17