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Bhagwan Marine Ltd.
(Sydney:BWN)
Bhagwan Marine Ltd. (BWN) vs. iShares MSCI Australia ETF (EWA)
Bhagwan Marine Ltd. Business Overview & Revenue Model
Bhagwan Marine Ltd. Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 |
|---|---|---|
Income Statement | ||
| Total Revenue | 283.04M | 269.84M |
| Gross Profit | 264.76M | 247.03M |
| EBITDA | 50.58M | 32.50M |
| Net Income | 12.49M | 5.55M |
Balance Sheet | ||
| Total Assets | 281.79M | 254.15M |
| Cash, Cash Equivalents and Short-Term Investments | 16.19M | 1.35M |
| Total Debt | 66.10M | 93.75M |
| Total Liabilities | 113.98M | 176.08M |
| Stockholders Equity | 167.81M | 78.08M |
Cash Flow | ||
| Free Cash Flow | -2.54M | 15.39M |
| Operating Cash Flow | 35.82M | 29.04M |
| Investing Cash Flow | -37.46M | -12.06M |
| Financing Cash Flow | 16.48M | -15.66M |
Bhagwan Marine Ltd. Technical Analysis
Bhagwan Marine Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | AU$43.81M | 9.73 | 20.77% | 3.92% | 66.80% | 625.00% | |
70 Outperform | AU$152.74M | 11.88 | 10.16% | 0.96% | 5.28% | 124.75% | |
67 Neutral | AU$1.14B | 30.25 | 7.98% | 1.80% | 1.81% | -23.89% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
40 Underperform | AU$96.03M | ― | -16.49% | ― | ― | -40.28% |
Bhagwan Marine Ltd. Corporate Events
Bhagwan Marine Limited has announced a two-year extension of its contract with Jadestone Energy and Vermilion Energy, valued at approximately AUD $25 million. This extension will continue the deployment of Bhagwan’s CMV Athos vessel to support operations at the Stag and Wandoo platforms in the Carnarvon Basin, reflecting the strength of Bhagwan’s partnerships and its fleet’s capability to meet rising demand for larger vessels. The extension underscores Bhagwan’s operational excellence and positions the company strongly within the offshore project support sector.
The most recent analyst rating on (AU:BWN) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Bhagwan Marine Ltd. stock, see the AU:BWN Stock Forecast page.
Bhagwan Marine Ltd. announced the issuance of 2,523,698 unquoted performance rights under an employee incentive scheme. These securities are subject to transfer restrictions and are not quoted on the ASX until the restrictions end, indicating a strategic move to motivate and retain employees while potentially impacting the company’s operational dynamics and stakeholder interests.
The most recent analyst rating on (AU:BWN) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Bhagwan Marine Ltd. stock, see the AU:BWN Stock Forecast page.
Bhagwan Marine Limited has announced its 2025 Annual General Meeting (AGM) scheduled for October 29, 2025, in Perth, Western Australia. This marks the company’s second AGM since its listing on the Australian Securities Exchange in July 2024. Shareholders will receive the Notice of AGM and Proxy Voting Form according to their communication preferences. The AGM will address various resolutions, with voting conducted by poll, and shareholders are encouraged to vote online in advance. The announcement underscores Bhagwan Marine’s commitment to transparent communication with its stakeholders.
The most recent analyst rating on (AU:BWN) stock is a Buy with a A$0.61 price target. To see the full list of analyst forecasts on Bhagwan Marine Ltd. stock, see the AU:BWN Stock Forecast page.
Bhagwan Marine Limited has announced that its 2025 Annual General Meeting (AGM) will be held on October 29, 2025, where the re-election of directors will be considered. The deadline for director nominations is September 10, 2025. This announcement is part of the company’s ongoing governance and operational planning, reflecting its commitment to maintaining robust leadership and strategic direction.
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.
Bhagwan Marine Limited announced the cessation of its status as a substantial holder of its own shares as of August 29, 2025. This change follows the end of restrictions on the disposal of shares under voluntary escrow arrangements, which were initially described in a prospectus lodged in June 2024. The release from escrow affects 134,920,032 ordinary fully paid shares, representing 49.1% of the company’s voting securities.
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.
Bhagwan Marine Limited has announced a change in the director’s interest notice, specifically related to Anthony Wooles, who is the sole director and shareholder of AEW Holdings Pty Ltd. The notice details that 23,392,021 fully paid ordinary shares held indirectly by Wooles through AEW Holdings have been released from voluntary escrow as of August 29, 2025. This release of shares could potentially impact the company’s market dynamics and shareholder interests, as it indicates a shift in the director’s control over the shares.
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.
Bhagwan Marine Limited has reported strong operational and financial performance following its successful IPO in July 2024, achieving record revenue of $283 million in FY25. The company is focused on maintaining its market-leading position and enhancing long-term earnings growth for shareholders, supported by a positive outlook in high-growth markets. Bhagwan Marine’s Investor Hub platform offers shareholders and potential investors access to company updates and industry insights, fostering communication with the leadership team.
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.
Bhagwan Marine Ltd. has released its FY25 results presentation, summarizing its operations and financial performance for investors. The announcement highlights the company’s adherence to Australian and international financial reporting standards, while cautioning stakeholders about the non-IFRS measures included. The release underscores the inherent risks and uncertainties in forward-looking statements, advising investors to exercise caution when considering projections.
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.
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.
Bhagwan Marine Limited has announced the release of 134,920,032 fully paid ordinary shares from voluntary escrow, coinciding with the release of its audited financial results. The company, led by the Kannikoski family, remains committed to innovation and growth, with key shareholders expressing their intent to maintain significant long-term involvement. This move underscores Bhagwan’s position as a leading marine solutions provider in Australia, aiming for sustainable earnings growth and value creation for shareholders.
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.
Bhagwan Marine Limited announced it will release its full-year results for FY25 on 29 August 2025 via a live webcast. The presentation will feature insights from the company’s top executives on FY25 performance, growth opportunities, and future outlook, followed by a Q&A session. This announcement highlights Bhagwan’s commitment to transparency and engagement with stakeholders, potentially impacting its market positioning and investor relations.
The most recent analyst rating on (AU:BWN) stock is a Buy with a A$0.62 price target. To see the full list of analyst forecasts on Bhagwan Marine Ltd. stock, see the AU:BWN Stock Forecast page.