← CMB.TECH NV
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $684.3m | $513.4m | $600.0m | $932.4m | $1.2b | $419.8m | $854.7m | $1.2b | $940.2m | $1.7b | |
| Revenue From Interest | — | — | — | — | — | — | — | $20.6m | $15.9m | — | |
| Revenue (Note 4) | $684.3m | $513.4m | $600.0m | $932.4m | $1.2b | $419.8m | $854.7m | $1.2b | $940.2m | $1.7b | |
| Operating expenses: | |||||||||||
| Vessel operating expenses (Note 5) | ($160.2m) | ($150.4m) | ($185.8m) | ($211.8m) | ($210.6m) | ($220.7m) | ($216.1m) | ($231.0m) | ($199.6m) | ($420.4m) | |
| Total operating expenses | ($533.4m) | ($541.4m) | ($698.5m) | ($761.7m) | ($729.3m) | ($726.7m) | ($671.7m) | ($661.2m) | ($623.5m) | ($1.3b) | |
| Additional Financial Items | |||||||||||
| Applicable Tax Rate | ($0) | ($0) | ($0) | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Auditors Remuneration For Tax Services | $0 | $0 | — | — | — | — | — | — | — | — | |
| Average Effective Tax Rate | $0 | $54 | $0 | ($0) | ($0) | ($0) | ($0) | ($0) | ($0) | — | |
| Depreciation Property Plant And Equipment Including Right of Use Assets | — | — | — | — | — | — | — | — | $163.1m | — | |
| Depreciation Right of Use Assets | — | — | — | $29.3m | $31.7m | $47.4m | $21.5m | $18.0m | $1.4m | — | |
| Finance Income | $6.9m | $7.3m | $15.0m | $20.6m | $21.5m | $14.9m | $27.1m | $67.2m | $38.7m | $22.9m | |
| Gains Losses Recognised When Control In Subsidiary Is Lost | — | — | — | — | — | — | — | — | $19.7m | — | |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | $0 | $0 | $3.0m | $0 | $0 | — | — | — | — | — | |
| Operating Lease Income | — | — | — | — | $113.9m | $71.3m | $117.4m | $160.9m | $257.6m | — | |
| Profit Loss Attributable To Owners Of Parent | $204.0m | $1.4m | ($110.1m) | $112.2m | $473.2m | ($338.8m) | $203.3m | $858.0m | $870.8m | $139.1m | |
| Profit Loss Before Tax | $203.9m | $25k | ($109.8m) | $112.8m | $475.2m | ($339.2m) | $206.1m | $864.0m | $872.7m | $149.3m | |
| Profit Loss From Operating Activities | $208.2m | $13.4m | ($74.6m) | $195.6m | $534.3m | ($281.6m) | $294.3m | $969.7m | $1.0b | $557.1m | |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | $40.5m | $30.1m | $16.1m | $16.5m | $10.9m | $23.0m | $17.6m | ($927k) | $920k | ($882k) | |
| Gains on disposal of vessels/other tangible assets (Note 8) | $50.4m | $36.5m | $19.1m | $14.9m | $22.7m | $15.1m | $96.2m | $372.4m | $635.0m | $192.6m | |
| Raw materials and consumables | — | — | — | — | — | — | $0 | $0 | ($3.7m) | ($10.3m) | |
| Loss on disposal of vessels/other tangible assets (Note 8) | ($2k) | ($21.0m) | ($273k) | ($75k) | ($1k) | $0 | ($347k) | $0 | ($2k) | ($4k) | |
| Depreciation tangible assets (Note 8) | ($227.7m) | ($229.8m) | ($270.6m) | ($337.6m) | ($319.7m) | ($344.9m) | ($221.6m) | ($219.4m) | ($163.1m) | ($384.7m) | |
| Amortisation intangible assets (Note 9) | ($99k) | ($95k) | ($111k) | ($56k) | ($99k) | ($90k) | ($1.0m) | ($1.6m) | ($2.9m) | ($3.3m) | |
| Impairment losses (Note 8) | — | — | — | — | — | — | $0 | $0 | ($1.8m) | ($5.4m) | |
| RESULT FROM OPERATING ACTIVITIES | $208.2m | $13.4m | ($74.6m) | $195.6m | $534.3m | ($281.6m) | $294.3m | $969.7m | $1.0b | $557.1m | |
| Finance income (Note 6) | $6.9m | $7.3m | $15.0m | $20.6m | $21.5m | $14.9m | $27.1m | $67.2m | $38.7m | $22.9m | |
| Share of profit (loss) of equity accounted investees (net of income tax) (Note 26) | $40.5m | $30.1m | $16.1m | $16.5m | $10.9m | $23.0m | $17.6m | ($927k) | $920k | ($882k) | |
| PROFIT (LOSS) BEFORE INCOME TAX | $203.9m | $25k | ($109.8m) | $112.8m | $475.2m | ($339.2m) | $206.1m | $864.0m | $872.7m | $149.3m | |
| Profit (loss) for the period | $204.0m | $1.4m | ($110.1m) | $112.2m | $473.2m | ($338.8m) | $203.3m | $858.0m | $870.8m | $139.1m | |
| Owners of the company | $204.0m | $1.4m | ($110.1m) | $112.2m | $473.2m | ($338.8m) | $203.3m | $858.0m | $870.8m | $160.7m | |
| Non-controlling interest | — | — | — | — | — | — | — | $0 | $0 | ($21.6m) | |
| Net Foreign Exchange Loss | $8.1m | $6.5m | $11.9m | $14.6m | $15.9m | $11.9m | $13.5m | $17.2m | $14.3m | — | |
| Total shipping income | $741.7m | $554.8m | $623.9m | $957.4m | $1.3b | $445.1m | $966.0m | $1.6b | $1.6b | $1.9b | |
| Basic Earnings (Loss) Per Share | $1.29 | $0.01 | ($0.57) | $0.52 | $2.25 | ($1.68) | $1.01 | $4.25 | $4.44 | $0.70 | |
| Diluted Earnings (Loss) Per Share | $1.29 | $0.01 | ($0.57) | $0.52 | $2.25 | ($1.68) | $1.01 | $4.25 | $4.44 | $0.70 | |
| Weighted average number of shares (basic) (in shares) | 158.4m | 158.3m | 192.0m | 216.0m | 210.2m | 201.8m | 202.0m | 201.9m | 196.0m | 229.4m | |
| Research And Development Expense | — | — | — | — | — | — | — | — | $10.5m | — | |
| General and Administrative Expense | $44.1m | $46.9m | $66.2m | $66.9m | $65.5m | $32.4m | $51.7m | $62.5m | $77.8m | — | |
| General and administrative expenses (Note 5) | ($44.1m) | ($46.9m) | ($66.2m) | ($66.9m) | ($65.5m) | ($32.4m) | ($51.7m) | ($62.5m) | ($77.8m) | ($142.0m) | |
| Administrative Expense | $21.3m | $22.6m | $33.5m | $31.2m | $35.6m | $18.4m | $38.0m | $42.8m | $50.3m | — | |
| Current Tax Expense (Income) | ($60k) | $85k | $37k | $1.1m | $575k | $206k | $1.7m | $4.9m | $7.7m | — | |
| Deferred Tax Expense (Income) Recognised In Profit Or Loss | ($114k) | ($1.4m) | $201k | ($464k) | $1.4m | ($197k) | ($1.1m) | ($1.1m) | $4.2m | — | |
| Expense From Share-Based Payment Transactions With Employees | $406k | $313k | $37k | $0 | $140k | $761k | $2.4m | $3.9m | $0 | — | |
| Expense Relating To Leases Of Low-Value Assets For Which Recognition Exemption Has Been Used | — | — | — | — | $228k | $171k | $173k | $451k | — | — | |
| Expense Relating To Short-Term Leases For Which Recognition Exemption Has Been Used | — | — | — | $103k | $0 | — | — | — | — | — | |
| Finance Costs | $51.7m | $50.7m | $89.4m | $119.8m | $91.6m | $95.5m | $133.0m | $171.9m | $169.3m | — | |
| Other Finance Cost | $4.6m | $5.8m | $6.8m | $7.5m | $9.9m | $14.3m | $5.9m | $13.5m | $9.2m | — | |
| Other Operating Income Expense | $7.0m | $4.9m | $4.8m | $10.1m | $10.1m | $10.3m | $15.1m | $23.3m | $50.7m | $29.8m | |
| Postemployment Benefit Expense Defined Benefit Plans | $261k | $827k | $616k | $2.6m | ($653k) | $621k | $2.6m | $140k | $329k | — | |
| Voyage expenses and commissions (Note 5) | ($59.6m) | ($62.0m) | ($141.4m) | ($144.7m) | ($125.4m) | ($118.8m) | ($175.2m) | ($142.1m) | ($174.3m) | ($362.2m) | |
| Charter hire expenses | ($17.7m) | ($31.2m) | ($31.1m) | ($604k) | ($8.0m) | ($9.8m) | ($5.8m) | ($4.5m) | ($138k) | ($3.1m) | |
| Finance expenses (Note 6) | ($51.7m) | ($50.7m) | ($89.4m) | ($119.8m) | ($91.6m) | ($95.5m) | ($133.0m) | ($171.9m) | ($169.3m) | ($429.8m) | |
| Net finance expenses | ($44.8m) | ($43.5m) | ($74.4m) | ($99.2m) | ($70.1m) | ($80.6m) | ($105.9m) | ($104.7m) | ($130.7m) | ($406.9m) | |
| Interest Expense On Lease Liabilities | — | — | — | $4.8m | $3.3m | $2.4m | $1.2m | $631k | $275k | — | |
| Income Tax Expense Continuing Operations | ($174k) | ($1.4m) | $238k | $602k | $1.9m | ($427k) | $2.8m | $6.0m | $1.9m | — | |
| Income tax benefit (expense) (Note 7) | $174k | $1.4m | ($238k) | ($602k) | ($1.9m) | $427k | ($2.8m) | ($6.0m) | ($1.9m) | ($10.2m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.