TEK-OCEAN GROUP LIMITED

  • IPO date:
  • Sector: Energy
  • GIC Group:
  • Industry: Oil & Gas Equipment & Services
  • Company website

Company description

TEK-Ocean Group Limited provides integrated services for the oil and gas, marine, and renewable energy sectors in Australia. It owns and operates vessels; and offers vessel maintenance, vessel chartering, crewing services, and other supply services, as well as a single point of contact for the selection, procurement, and management of fleet. The company also provides oilfield services, including pressure testing; drill pipe, casing and tubing cleaning, and inspection and repair; subsea and drilling tool renting; equipment inspection, preservation, and repair and maintenance; manufacturing and torque-turn services; and inventory management and long-term storage services, as well as manufactures and repairs APIs and premium threaded connections. In addition, it offers subsea services comprising field development operations, design of subsea equipment and tooling, well intervention operations, plug and abandonment operations, surveys and design of subsea interfaces, subsea and wellhead engineering, controls and production control operations, testing of subsea equipment, and supervision of well site subsea operations, as well as inspection, maintenance, and repair operations. Further, the company provides logistics and shore base services, including port and stevedoring, indoor and outdoor equipment storage, onshore and offshore logistics management, offshore container hire and fleet management, and vessel mobilization planning and execution services. Additionally, it offers engineering and project management; and consultancy and personnel services, such as temporary work visa, payroll, and recruitment services, as well as operates machine shops, workshops, and aftermarkets. TEK-Ocean Group Limited was founded in 2007 and is headquartered in Dandenong, Australia.

Financial highlights

Market Capitalization$8.4042 million
P/E Ratio
P/E Growth Ratio
Book Value0.23
Dividend Per Share0
Earnings Per Share-0.034
EBITDA2,971.578
Profit Margin-0.0518
Operating Margin TTM-0.1078
Return on Assets TTM-0.0788
Return on Equity TTM-0.1916
Revenue TTM23,605.376

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2017-12-31 20,375.57 13,570.14 6,805.43
2018-12-31 28,023.29 10,949.76 17,073.53
2019-12-31 22,719.7 7,443.54 15,276.16
2020-12-31 22,200.67 11,403.23 10,797.44

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2017-12-31 19,947.48 15,257.02 11,040.11 446.66 1,458
2018-12-31 19,152.23 13,826.63 8,494.64 287.32 1,458
2019-12-31 15,832.58 12,219.87 1,317.14 6,156.14 3,210.228
2020-12-31 16,471.69 12,651.58 2,292.13 5,125.4 3,210.228

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2017-12-31 2,399.38 -98.89 -130
2018-12-31 2,120.933 3,560.553 213.539
2019-12-31 -3,923.82 2,598.106 823.702
2020-12-31 -20.348 904.807 -1,018.467