Sea1 Offshore Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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 & Equivalents	68.25	86.36	68.3	97.33	94.95	91.84
Cash & Short-Term Investments	68.25	86.36	68.3	97.33	94.95	91.84
Cash Growth	29.65%	26.44%	-29.82%	2.50%	3.39%	-11.03%
Accounts Receivable	86.63	47.15	40.7	41.63	33.42	34.1
Other Receivables	-	21.81	23.86	22.92	17.87	17
Total Trade Receivables	86.63	68.96	64.56	64.54	51.28	51.1
Inventory	-	4.71	5.34	5.29	5.34	4.52
Total Current Assets	154.88	160.03	138.21	167.16	151.57	147.46
Net Property, Plant & Equipment	623.27	608.59	637.44	846.68	806.73	847.09
Long-Term Investments	-	-	-	0.45	2.68	2.5
Other Long-Term Assets	34.29	33.99	42.83	72.68	58.46	76.46
Total Assets	812.45	802.61	818.48	1,087	1,019	1,073
Accounts Payable	105.04	11.24	4.42	17	11.2	13.54
Current Portion of Long-Term Debt	60.4	60.94	65.74	212.53	58.98	47.65
Other Current Liabilities	-	34.25	30.28	26.87	45.13	44.44
Total Current Liabilities	165.44	106.42	100.44	256.39	115.31	105.63
Long-Term Debt	-	-	280.15	263.62	530.63	613.36
Other Long-Term Liabilities	26.38	31.37	31.89	37.79	14.13	14.21
Total Long-Term Liabilities	251.72	265.3	312.05	301.41	544.76	627.57
Total Liabilities	417.16	371.72	412.49	557.79	660.07	733.2
Common Stock	153.54	153.54	153.54	238.85	238.85	238.85
Accumulated Other Comprehensive Income	241.74	277.35	252.45	295.41	124.23	101.98
Total Common Shareholders' Equity	395.29	430.89	405.99	534.26	363.08	340.84
Minority Interest	-	-	-	-5.09	-3.7	-0.54
Shareholders' Equity	395.29	430.89	405.99	529.18	359.38	340.3
Total Liabilities & Equity	812.45	802.61	818.48	1,087	1,019	1,073
Total Debt	60.4	60.94	345.89	476.15	589.61	661.01
Net Cash (Debt)	7.85	25.43	-277.59	-378.82	-494.66	-569.17
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	0.05	0.17	-1.41	-1.59	-2.07	-3.87
Book Value	395.29	430.89	405.99	534.26	363.08	340.84
Book Value Per Share	2.57	2.81	2.06	2.24	1.52	2.32
Tangible Book Value	395.29	430.89	405.99	534.26	363.08	340.84
Tangible Book Value Per Share	2.57	2.81	2.06	2.24	1.52	2.32