Reach Subsea Overview

  • Status
  • Public

  • Employees
  • 473

Employees

  • Stock Symbol
  • REACH

Stock Symbol

  • Investments
  • 7

  • Share Price
  • $0.81
  • (As of Monday Closing)

Reach Subsea General Information

Description

Reach Subsea ASA is a Norwegian subsea service provider. The services provided by the company include vessel fleet which comprises of edda fonn which is used for survey and light construction services, havila subsea, normand reach for complex offshore operations, viking neptun for cable installation and heavy lifting, and stril explorer. It two reportable segments namely Oil and Gas and Renewable and others. The company generates maximum revenue from the Oil and Gas segment.

Contact Information

Formerly Known As
Transit Invest, Green Reefers
Ownership Status
Publicly Held
Financing Status
Corporation
Corporate Office
  • Møllervegen 6
  • 5525 Haugesund
  • Norway
+47 40
Primary Industry
Marine
Other Industries
Other Commercial Services
Stock Exchange
OSL
Vertical(s)
Corporate Office
  • Møllervegen 6
  • 5525 Haugesund
  • Norway
+47 40

Reach Subsea Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Reach Subsea Stock Performance

As of 16-Jun-2025, Reach Subsea’s stock price is $0.81. Its current market cap is $264M with 327M shares.

(As of Monday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$0.81 $0.81 $0.54 - $0.99 $264M 327M 152K $0.08

Reach Subsea Financials Summary

As of 31-Mar-2025, Reach Subsea has a trailing 12-month revenue of $260M.

In Thousands,
USD
TTM 31-Mar-2025 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 345,019 332,399 228,185 95,509
Revenue 260,188 252,054 185,660 120,189
EBITDA 117,235 106,756 93,032 48,189
Net Income 23,381 19,058 21,316 7,469
Total Assets 309,483 286,454 264,285 97,144
Total Debt 135,335 137,318 123,846 13,365
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Reach Subsea Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Reach Subsea Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Reach Subsea Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Reach Subsea Investments & Acquisitions (7)

Reach Subsea’s most recent deal was a Merger/Acquisition with Guardian Geomatics for . The deal was made on 15-Nov-2023.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Guardian Geomatics 15-Nov-2023 Merger/Acquisition Other Commercial Services
Viking Reach 24-Jul-2023 Joint Venture Other Commercial Services
iSURVEY Group 17-Feb-2022 Merger/Acquisition Construction and Engineering
Monviro 08-Dec-2021 Merger/Acquisition Environmental Services (B2B)
Octio 08-Dec-2021 Merger/Acquisition Machinery (B2B)
You’re viewing 5 of 7 investments and acquisitions. Get the full list »

Reach Subsea ESG

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

Rank

Percentile

Energy Services

Industry

Rank

Percentile

Oil & Gas Equipment

Subindustry

Rank

Percentile

To view Reach Subsea’s complete esg history, request access »

Reach Subsea Affiliates

Subsidiaries (4)

Name Industry Location Year Founded
Connect Offshore Haugesund, Norway 2016
Guardian Geomatics West Perth, Australia 2014
Octio Bergen, Norway 2007
iSURVEY Group Billingstad, Norway 2004

Reach Subsea FAQs

  • Where is Reach Subsea headquartered?

    Reach Subsea is headquartered in Haugesund, Norway.

  • What is the size of Reach Subsea?

    Reach Subsea has 473 total employees.

  • What industry is Reach Subsea in?

    Reach Subsea’s primary industry is Marine.

  • Is Reach Subsea a private or public company?

    Reach Subsea is a Public company.

  • What is Reach Subsea’s stock symbol?

    The ticker symbol for Reach Subsea is REACH.

  • What is the current stock price of Reach Subsea?

    As of 16-Jun-2025 the stock price of Reach Subsea is $0.81.

  • What is the current market cap of Reach Subsea?

    The current market capitalization of Reach Subsea is $264M.

  • What is Reach Subsea’s current revenue?

    The trailing twelve month revenue for Reach Subsea is $260M.

  • What is Reach Subsea’s annual earnings per share (EPS)?

    Reach Subsea’s EPS for 12 months was $0.08.

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