Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
4.19B | 3.57B | 2.74B | 3.90B | 3.01B | Gross Profit |
392.81M | 250.38M | 68.26M | -225.53M | -93.07M | EBIT |
322.90M | 192.94M | 139.72M | -317.55M | ― | EBITDA |
207.69M | 324.46M | 179.32M | -220.93M | -56.26M | Net Income Common Stockholders |
220.40M | 96.54M | 37.38M | -359.92M | ― |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
1.31B | 1.07B | 529.91M | 824.30M | 641.09M | Total Assets |
4.50B | 3.89B | 3.14B | 3.43B | 3.47B | Total Debt |
514.43M | 570.75M | 393.38M | 426.92M | 160.07M | Net Debt |
-738.84M | -443.16M | -99.25M | -383.21M | -481.02M | Total Liabilities |
3.30B | 2.85B | 2.30B | 2.87B | 2.55B | Stockholders Equity |
1.18B | 992.82M | 811.64M | 532.54M | 886.47M |
Cash Flow | Free Cash Flow | |||
548.61M | 478.42M | -215.78M | 122.88M | 262.40M | Operating Cash Flow |
560.89M | 485.89M | -208.90M | 152.24M | 300.62M | Investing Cash Flow |
-122.58M | -210.54M | -56.85M | -220.54M | ― | Financing Cash Flow |
-186.27M | 241.15M | -49.01M | 265.96M | ― |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
80 Outperform | $369.50B | 11.34 | 18.84% | 2.03% | 22.07% | 39.05% | |
78 Outperform | $2.37T | 5.58 | 9.26% | 4.08% | 1.00% | 32.18% | |
76 Outperform | $254.03B | 3.16 | 15.52% | 5.28% | 8.62% | 58.30% | |
73 Outperform | ¥539.05B | 9.16 | 5.35% | 2.58% | -28.45% | ||
67 Neutral | $1.11T | 11.10 | 5.72% | 3.98% | 5.40% | -51.83% | |
62 Neutral | $1.88T | 8.71 | -0.17% | 3.45% | -11.07% | -15.69% | |
57 Neutral | $7.23B | 3.16 | -4.49% | 5.63% | 0.82% | -49.15% |
Modec, Inc. reported its financial results for the first quarter of 2025, showing a 6.1% increase in revenue compared to the same period last year. However, the company experienced declines in operating profit, profit before tax, and profit attributable to owners, indicating challenges in maintaining profitability despite revenue growth. The company’s total assets decreased slightly, but the equity ratio improved, suggesting a stronger financial position. Modec also announced a forecasted increase in annual dividends for 2025, reflecting confidence in future earnings despite current profit pressures.
The most recent analyst rating on (JP:6269) stock is a Buy with a Yen4800.00 price target. To see the full list of analyst forecasts on Modec stock, see the JP:6269 Stock Forecast page.
Modec, Inc. announced a correction to its previous notice regarding changes in its largest shareholder. Initially, Mitsui O.S.K. Lines, Ltd. was categorized as an ‘Other Affiliated Company’ due to holding a significant percentage of voting rights. However, after further examination, this classification was revised, impacting the company’s shareholder structure and possibly its strategic partnerships.
MODEC has signed a Purchase and Sales Agreement and a 20-year operations and maintenance contract with Shell for the FPSO Gato do Mato project in Brazil. This project marks MODEC’s 19th FPSO development in Brazil and the second unit delivered to Shell, enhancing MODEC’s presence in the Brazilian offshore oil market and reinforcing its strategic partnership with Shell.
Dr. Arun Duggal, President and CEO of SOFEC, a MODEC Group company, has been awarded the prestigious OTC 2025 Heritage Award for his significant contributions to the offshore industry over a 30-year career. His pioneering work in mooring systems has set new industry benchmarks, and his leadership has been crucial in developing SOFEC’s innovative solutions, securing patents, and mentoring the next generation of engineers, thereby advancing the industry and enhancing MODEC’s market position.