Mermaid Maritime PCL

Mermaid Maritime PCL EBIT

The EBIT of Mermaid Maritime PCL (DU4.SI) as of Nov 5, 2026 is 14.49 M USD. In the previous year, EBIT was 13.68 M USD — a change of 5.98% (higher).

EBIT

14.49 MUSD

YoY

5.98%

Last updated:

In 2024, Mermaid Maritime PCL's EBIT was 14.49 M USD, a 5.98% increase from the 13.68 M USD EBIT recorded in the previous year.

The Mermaid Maritime PCL EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EBIT
Date
EBIT
Jan 1, 2020
-25.95 M USD
Jan 1, 2021
-12.71 M USD
Jan 1, 2022
2.75 M USD
Jan 1, 2023
13.68 M USD
Jan 1, 2024
14.49 M USD
Jan 1, 2025 (e)
18.83 M USD
Jan 1, 2026 (e)
19.62 M USD
Jan 1, 2027 (e)
12.32 M USD
The Mermaid Maritime PCL EBIT history
YEAREBITYoY
est12.32 MUSD-37.21%
est19.62 MUSD+4.25%
est18.83 MUSD+29.88%
14.49 MUSD+5.98%
13.68 MUSD+398.21%
2.75 MUSD-121.60%
-12.71 MUSD-51.02%
-25.95 MUSD+24.59%
-20.82 MUSD-33.61%
-31.37 MUSD-2,432.19%
1.35 MUSD-77.18%
5.89 MUSD-137.54%
-15.70 MUSD-3,404.63%
475,000.00USD-97.81%
21.70 MUSD-2.69%
22.30 MUSD+60.43%
13.90 MUSD+13.93%
12.20 MUSD-234.07%
-9.10 MUSD-132.16%
28.30 MUSD-5.35%
29.90 MUSD+65.19%
18.10 MUSD+13.13%
16.00 MUSD—

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Mermaid Maritime PCL Revenue

Mermaid Maritime PCL Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2020
83.78 M USD
-25.95 M USD
-109.65 M USD
Jan 1, 2021
111.59 M USD
-12.71 M USD
-15.72 M USD
Jan 1, 2022
223.94 M USD
2.75 M USD
-195,000.00 USD
Jan 1, 2023
275.40 M USD
13.68 M USD
9.59 M USD
Jan 1, 2024
513.34 M USD
14.49 M USD
13.78 M USD
Jan 1, 2025 (e)
399.74 M USD
18.83 M USD
8.00 M USD
Jan 1, 2026 (e)
464.87 M USD
19.62 M USD
9.70 M USD
Jan 1, 2027 (e)
366.23 M USD
12.32 M USD
7.64 M USD

Mermaid Maritime PCL Margins

Mermaid Maritime PCL stock margins

The Mermaid Maritime PCL margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Mermaid Maritime PCL. 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 Mermaid Maritime PCL.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
-2.88 %
-30.97 %
-130.88 %
Jan 1, 2021
12.93 %
-11.39 %
-14.09 %
Jan 1, 2022
29.05 %
1.23 %
-0.09 %
Jan 1, 2023
24.82 %
4.97 %
3.48 %
Jan 1, 2024
33.76 %
2.82 %
2.68 %
Jan 1, 2025 (e)
33.76 %
4.71 %
2.00 %
Jan 1, 2026 (e)
33.76 %
4.22 %
2.09 %
Jan 1, 2027 (e)
33.76 %
3.36 %
2.09 %

Mermaid Maritime PCL Stock analysis

What does Mermaid Maritime PCL do? Mermaid Maritime PCL generates revenue through its Subsea Division, which operates under the brand Mermaid Subsea Services. The company provides subsea engineering and drilling services to the offshore oil and gas industry, including subsea installation engineering, offshore decommissioning, inspection, repair and maintenance, construction and installation support, commissioning, and cable and pipe laying projects. Its services are delivered via a fleet of 7 subsea support vessels and 15 ROV systems owned and operated by the firm. The Subsea Division is represented by subsidiaries Mermaid Subsea Services (Thailand) and Mermaid Subsea Services (International) Ltd., both integrated under the Mermaid Subsea Services brand. The primary clients for Mermaid Maritime's services are companies within the offshore oil and gas sector. These clients purchase subsea engineering and drilling services for projects requiring specialized underwater operations, such as installation, maintenance, and decommissioning of offshore infrastructure. The firm's integrated service model allows it to offer comprehensive solutions for subsea projects, leveraging its fleet of vessels and ROV systems to meet client needs across various project phases. Mermaid Maritime's revenue streams are derived from the provision of subsea services, including inspection, repair, maintenance, installation, and decommissioning. The company's operational structure, with its subsidiaries operating under a unified brand, enables it to efficiently manage and scale its service offerings. By focusing on the offshore oil and gas industry, Mermaid Maritime targets a specific market segment where demand for specialized subsea services is consistent. Mermaid Maritime PCL is one of the most popular companies on Eulerpool.

EBIT Details

Analyzing Mermaid Maritime PCL's EBIT

Mermaid Maritime PCL's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of Mermaid Maritime PCL's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

Mermaid Maritime PCL's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in Mermaid Maritime PCL’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about Mermaid Maritime PCL stock

EBIT of Mermaid Maritime PCL is 14.49 M USD in 2024.

EBIT of Mermaid Maritime PCL changed from 13.68 M USD to 14.49 M USD, representing a 5.98% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of EBIT Mermaid Maritime PCL since 2006 – with annual values, charts, and detailed analysis.

"Earnings before interest and taxes", abbreviated as EBIT, is also referred to as the operating result of a company. It is a key figure that allows the profit to be assessed over a specific period of time, usually a fiscal year. Taxes and interest are not deducted from EBIT, making it suitable for international comparisons of different companies.

Net income
+ Tax expense
+ Interest expense and other financial expenses
- Interest income and other financial income
= EBIT (operating profit)

EBIT's USD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track EBIT's Mermaid Maritime PCL historically and in real time.

The sales revenue is important for evaluating a stock.

EBIT is an acronym for "Earnings Before Interest and Tax" and represents a company's gross profit before taxes and interest are deducted. The EBIT amount is often used as a metric to evaluate a company.

History

The EBIT was originally introduced in the 1940s when the US Internal Revenue Service (IRS) passed a new tax law. This law required companies to calculate their profit before deducting taxes and interest on loans (or "interest and taxes"). Since then, the EBIT has been used as one of the key financial indicators in evaluating a company.

Usage

The EBIT can be used to assess a company by comparing its financial results to a benchmark or a comparative value. The EBIT is also used to determine how much the company's shareholders will receive from its operating income.

Calculation

EBIT is calculated by deducting taxes and interest on loans from the company's net profit. This amount can be calculated in various ways, but the most common method is as follows:

EBIT = Net profit + interest and taxes

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Net profit of XYZ Co. = $1,000,000
Interest and taxes = $ 500,000
EBIT of XYZ Co. = $1,500,000

Application

The EBIT value is often used to determine and evaluate the financial stability of a company. The EBIT value can also be used to determine how much money a company can spend on investments or dividends.

Use of EBIT in stock investment

Investors use EBIT to determine if a stock is over- or undervalued. If a company has a high EBIT value, it may indicate that its stock is overvalued, as the profit it generates could be lower than what it would generate with a different stock.

Advantages of EBIT

EBIT is a helpful measure for determining the financial stability of a company. There are several advantages associated with using EBIT, such as:
- EBIT eliminates the impact of financing on the company's earnings.
- It is a useful measure for determining the profits that a company can distribute to its shareholders.
- It can be used to determine whether a stock is overvalued or undervalued.

Disadvantages of EBIT

There are also some disadvantages to using EBIT, such as:
- EBIT cannot be used as the sole measure to evaluate a company as it does not reflect the overall profit of the company.
- EBIT can be influenced by unforeseen events such as a tax increase.
- EBIT is not always a reliable indicator of a company's future profit development.

Conclusion

The EBIT is an important measure used to evaluate a company. It can be used to determine how much money a company can generate from its operational results and whether a stock is overvalued or undervalued. However, the EBIT also has some disadvantages as it does not reflect the overall profitability of a company and can be influenced by unforeseen events. Therefore, it is important to consider the EBIT in conjunction with other financial indicators to obtain a complete picture of the company.

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Income Statement — Mermaid Maritime PCL

All Key Metrics — Mermaid Maritime PCL