Reach Subsea Overview
- Status
-
Public
- Employees
-
473

- Stock Symbol
-
REACH

- 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
Website
www.reachsubsea.noCorporate Office
- Møllervegen 6
- 5525 Haugesund
- Norway
Corporate Office
- Møllervegen 6
- 5525 Haugesund
- Norway
Reach Subsea Timeline
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 |
Reach Subsea Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Reach Subsea Signals
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) |
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

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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