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Akastor ASA (AKKVF)
OTHER OTC:AKKVF
Earnings Data
Report Date
Apr 29, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.08Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a generally positive operational and financial momentum driven by HMH's strong EBITDA, high cash generation (USD 66m in Q4), successful refinancings and realizations (Skandi Atlantic sale above book value and Maha Capital proceeds), and improving contract visibility in AKOFS and NES. Offsetting these positives were notable declines in HMH top‑line revenue and order intake, reduced consolidated EBITDA at the Akastor level, AKOFS equity written down to zero for accounting purposes, and market softness/seasonality risks that could pressure near‑term performance. On balance, the positives around cash generation, refinancing, portfolio realizations and contract awards materially outweigh the headwinds in revenue and accounting write‑downs.Company Guidance
HMH strong quarterly financial performance
Adjusted EBITDA of USD 58 million in Q4 (28% EBITDA margin), up 23% year‑on‑year and up 39% quarter‑on‑quarter; unlevered free cash flow of USD 66 million in the quarter; full‑year HMH adjusted EBITDA USD 169 million. Ended the quarter with USD 97 million cash on hand.
Operational improvements and refinancing at HMH
Inventory optimization, working capital discipline and HMH 2.0 initiatives drove margin expansion and cash generation; successful refinancing of a USD 200 million bond at improved terms increases capital structure flexibility and reduces future financing costs; S‑1 kept updated to maintain IPO readiness.
Akastor balance sheet and shareholder return
Akastor maintained a positive net cash position (NOK 87 million at quarter end) and announced a cash distribution of NOK 0.4 per share (NOK 109 million), the third consecutive quarterly distribution, demonstrating capital return discipline.
DDW Offshore: vessel sale above book value and refinancing
Post‑quarter sale of Skandi Atlantic for USD 22.75 million versus vessel book value of USD 9 million (material realization above book); DDW completed fleet refinancing (new USD 24 million RCF/term loan) reducing future financing costs; average book value per DDW vessel ~USD 10 million.
AKOFS contract wins and high utilization
AKOFS Santos formally awarded a new 4‑year Petrobras MPSV contract (commencing Jan 2027) and Aker Wayfarer nominated for a 4‑year Petrobras SESV contract; Q4 revenue USD 38 million and EBITDA USD 11 million; strong Q4 revenue utilization: Aker Wayfarer 97%, AKOFS Santos 85%, AKOFS Seafarer 86%.
NES Fircroft solid operational performance
NES Fircroft 2025 EBITDA increased 5% to USD 148 million; operational cash flow up USD 23 million year‑on‑year; net leverage improved with EBITDA ratio falling from 1.4x to 1.1x, positioning the business as 'exit ready'.
Portfolio monetizations and strategic activity
Post‑quarter realization of Maha Capital shares generated NOK 40 million proceeds; Føn Energy Services carve‑out resulted in IKM Løfteteknikk with Akastor holding 33%, refocusing Føn on offshore wind maintenance—demonstrating active portfolio management.
AKKVF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AKKVF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 12, 2026 | $0.78 | $0.78 | 0.00% |
Oct 30, 2025 | $1.10 | $1.10 | 0.00% |
Jul 10, 2025 | $1.07 | $1.07 | 0.00% |
Apr 30, 2025 | $0.98 | $0.98 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Akastor ASA (AKKVF) report earnings?
Akastor ASA (AKKVF) is schdueled to report earning on Apr 29, 2026, Before Open (Confirmed).
What is Akastor ASA (AKKVF) earnings time?
Akastor ASA (AKKVF) earnings time is at Apr 29, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AKKVF EPS forecast?
Currently, no data Available