MMA Offshore (MRM.AX) Stock Price

MMA Offshore Price

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0 AUD
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MMA Offshore (MRM.AX) Stock | ISIN AU000000MRM7. Revenue is 484.41 M AUD. Net income is 95.68 M AUD. MMA Offshore operates in the Energy sector.

Over the last 19 years MMA Offshore grew revenue by 12.2% annually, reaching 310.15 M AUD. Earnings per share have grown at 12.8% per year over the last 19 years. For MMA Offshore, the net margin of 41.2% is up versus -15.5% a few years ago. The dividend has grown at 23.8% per year over the past 8 years.

MMA Offshore stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of MMA Offshore over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how MMA Offshore stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing MMA Offshore's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

MMA Offshore Stock Price History
DateMMA Offshore Price
Access this data via the Eulerpool API

MMA Offshore Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2004
35.1 M AUD
5.6 M AUD
4.3 M AUD
Jan 1, 2005
53.4 M AUD
6.3 M AUD
2.5 M AUD
Jan 1, 2006
66.8 M AUD
10.9 M AUD
9.2 M AUD
Jan 1, 2007
103.1 M AUD
21.1 M AUD
12.5 M AUD
Jan 1, 2008
149.4 M AUD
31.5 M AUD
17.9 M AUD
Jan 1, 2009
163.9 M AUD
38.8 M AUD
26.5 M AUD
Jan 1, 2010
194.4 M AUD
51 M AUD
37.9 M AUD
Jan 1, 2011
289.1 M AUD
70.3 M AUD
43.2 M AUD
Jan 1, 2012
382.1 M AUD
81.5 M AUD
51 M AUD
Jan 1, 2013
450.8 M AUD
89.8 M AUD
60.3 M AUD
Jan 1, 2014
597.9 M AUD
84.5 M AUD
53.9 M AUD
Jan 1, 2015
797.38 M AUD
83.23 M AUD
-51.29 M AUD
Jan 1, 2016
415.66 M AUD
-23.88 M AUD
-143.96 M AUD
Jan 1, 2017
221.9 M AUD
-27.11 M AUD
-378.03 M AUD
Jan 1, 2018
200.91 M AUD
-12.67 M AUD
-27.91 M AUD

MMA Offshore Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 16, 2026, 4:03 AM
 
REVENUE (M AUD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M AUD)
NET INCOME (M AUD)
NET INCOME GROWTH (%)
SHARES (M)
DOCUMENTS
2021202220232024e2025e2026e2027e2028e
237283310415457484459469
-13.1919.419.5433.8710.125.91-5.172.18
37.974743.2332.2929.3227.6929.1928.57
90133134134134134134134
233127799195105105
-102.131,550284.85-37.815.194.410.53
276.34374.75388.51388.51388.51388.51388.51388.51
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales MMA Offshore generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue MMA Offshore retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare MMA Offshore's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares MMA Offshore has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against MMA Offshore's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

MMA Offshore stock margins

The MMA Offshore margin analysis displays the gross margin, EBIT margin, as well as the profit margin of MMA Offshore. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for MMA Offshore.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2004
21.94 %
15.95 %
12.25 %
Jan 1, 2005
17.23 %
11.8 %
4.68 %
Jan 1, 2006
20.96 %
16.32 %
13.77 %
Jan 1, 2007
24.93 %
20.47 %
12.12 %
Jan 1, 2008
24.83 %
21.08 %
11.98 %
Jan 1, 2009
28.25 %
23.67 %
16.17 %
Jan 1, 2010
30.14 %
26.23 %
19.5 %
Jan 1, 2011
27.67 %
24.32 %
14.94 %
Jan 1, 2012
24.47 %
21.33 %
13.35 %
Jan 1, 2013
22.45 %
19.92 %
13.38 %
Jan 1, 2014
17.06 %
14.13 %
9.01 %
Jan 1, 2015
11.93 %
10.44 %
-6.43 %
Jan 1, 2016
-3.49 %
-5.74 %
-34.63 %
Jan 1, 2017
-8.89 %
-12.22 %
-170.36 %
Jan 1, 2018
-2.78 %
-6.31 %
-13.89 %

MMA Offshore Stock Revenue, EBIT, Earnings per Share

The MMA Offshore earnings per share therefore indicates how much revenue MMA Offshore has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2004
0.27 AUD
0.04 AUD
0.03 AUD
Jan 1, 2005
0.37 AUD
0.04 AUD
0.02 AUD
Jan 1, 2006
0.42 AUD
0.07 AUD
0.06 AUD
Jan 1, 2007
0.64 AUD
0.13 AUD
0.08 AUD
Jan 1, 2008
0.86 AUD
0.18 AUD
0.1 AUD
Jan 1, 2009
0.79 AUD
0.19 AUD
0.13 AUD
Jan 1, 2010
0.91 AUD
0.24 AUD
0.18 AUD
Jan 1, 2011
1.23 AUD
0.3 AUD
0.18 AUD
Jan 1, 2012
1.52 AUD
0.33 AUD
0.2 AUD
Jan 1, 2013
1.76 AUD
0.35 AUD
0.23 AUD
Jan 1, 2014
1.93 AUD
0.27 AUD
0.17 AUD
Jan 1, 2015
2 AUD
0.21 AUD
-0.13 AUD
Jan 1, 2016
6.61 AUD
-0.38 AUD
-2.29 AUD
Jan 1, 2017
3.52 AUD
-0.43 AUD
-6 AUD
Jan 1, 2018
1.89 AUD
-0.12 AUD
-0.26 AUD

MMA Offshore business model & stock analysis

MMA Offshore Ltd is a leading Australian company that has been active in the shipping industry since 1989. The company is headquartered in Fremantle, Western Australia, and is listed on the Australian Stock Exchange. Its business model is based on providing offshore support services to various industries such as oil and gas, mining, construction, and environmental and safety authorities. MMA Offshore's history began with the acquisition of Mermaid Marine Australia Limited (MMA) by the Komatsu Group in 1989. In 2003, MMA was listed on the Australian Stock Exchange, and in the following years, the company expanded its business through acquisitions and mergers. In 2016, MMA Offshore Ltd acquired the subsidiary of Jaya Holdings Limited, expanding its range of services to new markets. The company operates a fleet of over 50 offshore vessels, including platform supply vessels, tugboats, work boats, support vessels, and tugs. The ships are equipped with state-of-the-art technology to adapt to customer needs. This allows MMA Offshore to quickly adapt to any conditions to best meet customer needs. The various divisions of MMA Offshore include offshore support services, ship repair and maintenance services, and drilling rig support services. Offshore support services include the provision of refueling, supply, and logistics for drilling, offshore constructions and conversions, as well as offshore project management. Ship repair and maintenance services include ship inspection, bilge cleaning, welding of metal parts, and repairs of damages. Drilling rig support services encompass all offshore support services that are used for the preparation and support of drilling, underwater tools, testing, and work platforms. The products offered by MMA Offshore include offshore vessels that are tailored to the different industries and requirements. Each vessel is specifically built to meet customer requirements. One example is the vessel 'Mermaid Inscription', which was built by MMA Offshore to serve as a work platform for a $70 million environmental project in the coastal region of Western Australia. It is a ship equipped with the latest technology and safety equipment to support the project safely and effectively. In summary, MMA Offshore is a leading Australian company that has been operating in the shipping industry for more than 30 years. The company operates a fleet of over 50 offshore vessels and is able to offer flexible and tailored offshore support services to various industries. MMA Offshore is a reliable partner for offshore projects and provides innovative solutions to meet customer requirements.

MMA Offshore SWOT Analysis

Strengths

MMA Offshore Ltd possesses several strengths that contribute to its success in the maritime industry.

  • Extensive fleet of offshore support vessels, providing a wide range of services.
  • Strong focus on safety measures and compliance with industry regulations.
  • Experienced and skilled workforce with deep industry knowledge.
  • Diversity of clientele, including major oil and gas companies.
  • Strong financial position with a history of profitability and steady growth.

Weaknesses

Despite its strengths, MMA Offshore Ltd also faces certain weaknesses that could hinder its growth.

  • Heavy reliance on the oil and gas industry, making it vulnerable to fluctuations in the market.
  • Limited geographic presence, primarily focused on the Asia-Pacific region.
  • High capital and operating costs associated with maintaining and upgrading vessels.
  • Possible challenges in attracting and retaining top talent in a competitive industry.
  • Limited diversification in the range of services offered compared to some competitors.

Opportunities

MMA Offshore Ltd has opportunities to capitalize on in order to expand its market and increase profitability.

  • Exploration and production activities in emerging markets, such as East Africa.
  • Growth potential in the renewable energy sector, particularly offshore wind farms.
  • Expansion of services to include specialized offerings, such as subsea operations.
  • Strategic partnerships and alliances with other industry players to access new markets.
  • Investment in technological advancements to enhance operational efficiency.

Threats

MMA Offshore Ltd faces various threats that could impact its operations and financial performance.

  • Volatility in oil prices, leading to reduced demand for offshore services.
  • Competition from both established and new entrants in the maritime industry.
  • Increased government regulations and environmental standards affecting operations.
  • Macro-economic factors, such as global recessions or geopolitical instability.
  • Risks associated with vessel accidents, equipment failure, or natural disasters.

MMA Offshore Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

MMA Offshore historical P/E ratio, EBIT multiple, and P/S ratio

MMA Offshore annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

MMA Offshore shares outstanding

The number of shares was MMA Offshore in 2025 — This indicates how many shares 388.506 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2004
129.6 M base_Shares
Jan 1, 2005
145.4 M base_Shares
Jan 1, 2006
157.2 M base_Shares
Jan 1, 2007
160.5 M base_Shares
Jan 1, 2008
173.4 M base_Shares
Jan 1, 2009
208.1 M base_Shares
Jan 1, 2010
213.5 M base_Shares
Jan 1, 2011
234.7 M base_Shares
Jan 1, 2012
250.7 M base_Shares
Jan 1, 2013
256.6 M base_Shares
Jan 1, 2014
310.3 M base_Shares
Jan 1, 2015
398.53 M base_Shares
Jan 1, 2016
62.92 M base_Shares
Jan 1, 2017
63.01 M base_Shares
Jan 1, 2018
106.04 M base_Shares

MMA Offshore Dividend History

11 years of dividend payments

YearAnnual DividendYoY ChangePayments
20150.08AUD 56.0%
20140.18AUD 0.0%
20130.18AUD 13.6%
20120.16AUD 22.2%
20110.13AUD 12.5%
20100.11AUD 33.3%
20090.09AUD 200.0%
20080.03AUD 100.0%
20070.01AUD 50.0%
20010.03AUD 46.3%

MMA Offshore dividend history and estimates

In 2025, MMA Offshore paid a dividend amounting to 1.25 AUD. Dividend means that MMA Offshore distributes a portion of its profits to its owners.
  • Max

Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Invalid Date
0 AUD
0.01 AUD
Invalid Date
0 AUD
0.03 AUD
Invalid Date
0 AUD
0.09 AUD
Invalid Date
0 AUD
0.11 AUD
Invalid Date
0 AUD
0.13 AUD
Invalid Date
0 AUD
0.16 AUD
Invalid Date
0 AUD
0.18 AUD
Invalid Date
0 AUD
0.18 AUD
Invalid Date
0 AUD
0.08 AUD
Invalid Date
0 AUD
1.09 AUD
Invalid Date
0 AUD
1.25 AUD
Invalid Date
0 AUD
1.31 AUD

MMA Offshore dividend payout ratio

In 2025, MMA Offshore had a payout ratio of 531.98%. The payout ratio indicates the percentage of the company's profits that MMA Offshore distributes as dividends.
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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2004
503.05 %
Jan 1, 2005
503.05 %
Jan 1, 2006
503.05 %
Jan 1, 2007
101.41 %
Jan 1, 2008
162.26 %
Jan 1, 2009
374.45 %
Jan 1, 2010
360.58 %
Jan 1, 2011
405.65 %
Jan 1, 2012
446.22 %
Jan 1, 2013
440.93 %
Jan 1, 2014
621.99 %
Jan 1, 2015
-361.5 %
Jan 1, 2016
503.05 %
Jan 1, 2017
521.99 %
Jan 1, 2018
549.01 %
Price targets and forecasts for MMA Offshore are not yet available.

MMA Offshore Earnings Estimates

MMA Offshore Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
2/21/20240.04AUD192.81 MAUD2024 Q2
8/25/2022-0.01AUD137.23 MAUD2022 Q4
8/31/2021-0.03AUD122.92 MAUD2021 Q4
2/22/2021-0.04AUD130.33 MAUD2021 Q2
8/26/20191.29AUD125.2 MAUD2019 Q4
8/27/2018-0.08AUD103.68 MAUD2018 Q4
2/23/2018-0.26AUD106.37 MAUD2018 Q2
8/18/20150.28AUD364.05 MAUD2015 Q4
2/23/20150.72AUD362.56 MAUD2015 Q2
8/22/20130.76AUD214.01 MAUD2013 Q4

EESG©

Eulerpool ESG Scorecard© for the MMA Offshore stock

41/100
27
Environment
55
Social
42
Governance
E

Environment

20
Scope 1 - Direct Emissions9,400
Scope 2 - Indirect emissions from purchased energy200
Scope 3 - Indirect emissions within the value chain117,600
Total CO₂ emissions9,600
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees35.4
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

MMA Offshore shareholder structure

% Name
101.56708%
Cyan MMA Holdings Pty Ltd
Cyan MMA Holdings Pty Ltd
2.14806%
Ausbil Investment Management Limited
Ausbil Investment Management Limited
0.99028%
American Century Investment Management, Inc.
American Century Investment Management, Inc.
0.93736%
Avantis Investors
Avantis Investors
0.82101%
Macquarie Investment Management Global Ltd.
Macquarie Investment Management Global Ltd.
0.77531%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.
0.67778%
DFA Australia Ltd.
DFA Australia Ltd.
0.44593%
Carmignac Gestion
Carmignac Gestion
0.20103%
Bardin Hill Investment Partners LP
Bardin Hill Investment Partners LP
0.15517%
Dimensional Fund Advisors, Ltd.
Dimensional Fund Advisors, Ltd.
...

MMA Offshore Executives and Management Board

DR

Mr. David Ross

Chief Executive Officer, Managing Director, Executive Director

Compensation945,906 AUD
DC

Mr. David Cavanagh

Chief Financial Officer

Compensation520,185 AUD
TM

Mr. Tim Muirhead

Executive General Manager - Legal, Company Secretary

Compensation349,077 AUD
IM

Mr. Ian Macliver

Non-Executive Independent Chairman of the Board

Compensation180,146 AUD
CH

Mr. Chiang Gnee Heng

(63)

Independent Non-Executive Director

Compensation120,293 AUD

MMA Offshore Supply Chain

Frequently asked questions about MMA Offshore

The business model of MMA Offshore Ltd revolves around providing marine solutions to the offshore oil and gas industry. As a leading provider of marine logistics and supply chain services, MMA Offshore offers a fleet of specialized vessels, experienced crew members, and cutting-edge technology to support various offshore operations. With a focus on delivering safe, reliable, and efficient solutions, the company offers services such as offshore drilling support, construction support, subsea support, and specialized project services. MMA Offshore Ltd aims to meet the unique needs of its clients in the oil and gas sector by providing innovative and cost-effective solutions.

All fundamentals and in-depth analysis of MMA Offshore

Our stock analysis for MMA Offshore Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MMA Offshore Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.