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Bhagwan Marine Achieves Record Financial Performance in FY25

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Bhagwan Marine Achieves Record Financial Performance in FY25

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An announcement from Bhagwan Marine Ltd. ( (AU:BWN) ) is now available.

Bhagwan Marine Limited reported record financial performance for FY25, its first full year as a listed company, with net revenue reaching $283 million, up 5% from the previous year. The company achieved a 23% increase in pro forma EBITDA to $50.9 million and a 23% rise in net cash from operations. Key operational highlights include a six-year contract extension with the Port of Melbourne, expansion into the larger vessel market, and strategic investments in electrification and remote technologies. Bhagwan Marine also made significant progress in new growth sectors, including decommissioning and offshore wind projects, despite challenges such as inflation and oil price volatility.

The most recent analyst rating on (AU:BWN) stock is a Buy with a A$0.80 price target. To see the full list of analyst forecasts on Bhagwan Marine Ltd. stock, see the AU:BWN Stock Forecast page.

More about Bhagwan Marine Ltd.

Bhagwan Marine Limited is a leading Australian marine solutions company that operates in the offshore energy, subsea, and ports & inshore sectors. The company focuses on providing diversified marine services and has expanded into new growth areas such as decommissioning and offshore wind projects.

Average Trading Volume: 284,388

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$147.2M

For detailed information about BWN stock, go to TipRanks’ Stock Analysis page.

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