Reach Subsea ASA (OSL:REACH)
Norway flag Norway · Delayed Price · Currency is NOK
5.25
+0.17 (3.35%)
Aug 4, 2026, 4:25 PM CET

Reach Subsea ASA Financials Overview

Millions NOK. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,5302,6772,7181,9961,163673.34
Revenue Growth
-10.96%-1.50%36.16%71.64%72.70%8.80%
Gross Profit
2,0422,1872,0941,594937.24531.86
Operating Income
-87.97172.31363.76331.79105.2665.8
Net Income
-137.14108.1205.43225.7972.1993.81
Earnings Per Share
-0.420.330.680.880.340.65
EPS Growth
--51.47%-22.73%158.82%-47.69%116.47%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Oil & Gas
1,3541,5661,7751,333954.4471.92
Renewable / Other
1,0271,109942.36633.59208.42201.34
Total
2,5272,6752,7171,9671,163673.25

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
335.6514.17278.02436.42191.59149.04
Total Debt
1,7421,7521,5571,260130.99312.56
Net Cash (Debt)
-1,407-1,238-1,279-823.1460.6-163.52
Net Cash Growth
------
Net Cash Per Share
-4.31-3.83-4.24-3.210.29-1.14

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,0861,191867.53952.73466.31279.21
Capital Expenditures
-441.06-372.54-262.81-202.71-167.81-1.56
Free Cash Flow
644.99818.93604.71750.02298.5277.65
Free Cash Flow Growth
-26.65%35.42%-19.37%151.26%7.51%4.16%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
80.70%81.70%77.03%79.88%80.60%78.99%
Operating Margin
-3.48%6.44%13.38%16.62%9.05%9.77%
Pretax Margin
-8.00%3.03%8.46%14.51%8.43%10.85%
Profit Margin
-5.42%4.04%7.56%11.31%6.21%13.93%
FCF Margin
25.50%30.59%22.25%37.58%25.67%41.23%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.1700.1700.4200.3600.1800.180
Dividend Per Share Growth
16.67%-59.52%16.67%100.00%0%20.00%
Dividend Yield
3.35%2.49%5.62%8.92%5.01%7.26%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
-20.6810.845.4213.134.70
Forward PE
-8.436.978.3311.139.81
P/FCF Ratio
2.582.733.681.633.181.59
PS Ratio
0.660.840.820.610.820.65