Reach Subsea Overview
- Founded
-
1909
- Status
-
Public
- Employees
-
109
- Stock Symbol
-
REACH
- Investments
-
3
- Share Price
-
$0.36
- (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
Website
www.reachsubsea.no
Formerly Known As
Transit Invest ASA
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Marine
Other Industries
Other Commercial Services
Stock Exchange
OSL
Primary Office
- Postboks 1393
- 5507 Haugesund
- Norway
+47 400 00 000
Reach Subsea Stock Performance
(As of Monday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $0.36 | $0.38 | $0.28 - $0.52 | $84.6M | 225M | 118K | $0.04 |
Reach Subsea Financials Summary
|
In Thousands, USD |
TTM 31-Mar-2022 | FY 2021 31-Dec-2021 | FY 2020 31-Dec-2020 | FY 2019 31-Dec-2019 |
|---|---|---|---|---|
| EV | 115,208 | 47,542 | 35,623 | 39,963 |
| Revenue | 80,445 | 78,067 | 65,401 | 57,744 |
| EBITDA | 35,379 | 37,159 | 27,256 | 18,495 |
| Net Income | 5,405 | 10,877 | 4,555 | (4,056) |
| Total Assets | 120,250 | 84,629 | 42,523 | 50,499 |
| Total Debt | 40,425 | 35,432 | 4,844 | 20,695 |
Public Fundamental Data provided by Morningstar, Inc.
disclaimer
Reach Subsea Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Reach Subsea Executive Team (4)
Reach Subsea Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Reach Subsea Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Reach Subsea Acquisitions (3)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 0000000 00000 | 17-Feb-2022 | 0000000000 | 000.00 | Other Energy Services | 0000000 0 |
| 0000000 | 08-Dec-2021 | 0000000000 | Environmental Services (B2B) | 0000000 0 | |
| Octio Gravitude | 08-Dec-2021 | Merger/Acquisition | Oil and Gas Equipment | 0000000 0 |
Reach Subsea Subsidiaries (2)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Monviro | Environmental Services (B2B) | Bergen, Norway | 2016 |
| 00000 000000000 | Oil and Gas Equipment | Bergen, Norway | 0000 |