Core Insights - OMS Energy Technologies Inc. reported strong financial performance for the fiscal year ending March 31, 2025, with significant revenue growth and improved profit margins [3][4][5]. Financial Highlights - Total revenue for fiscal year 2025 reached $203.6 million, a substantial increase from $16.8 million in the same period of the previous year [4][5]. - Gross profit was $68.99 million, with a gross margin of 33.9%, up from 27.6% in the prior year [5][7]. - Operating profit increased to $59.87 million, compared to $3.24 million in the previous year [8][9]. - Net profit for the fiscal year was $46.98 million, a decrease from $82.09 million in the previous year, primarily due to a one-time bargain purchase gain in the prior year [9][17]. Revenue Breakdown - Sales from specialty connections and pipes amounted to $143.1 million, significantly up from $5.1 million in the same period of the previous year [6]. - Revenue from surface wellhead systems and Christmas tree equipment was $8.7 million, an increase from $3 million in the previous year [6]. - High-end threading services generated $36.8 million, up from $0.76 million in the previous year [6]. - Other ancillary services contributed $15 million, compared to $2.4 million in the previous year [6]. Cost and Expenses - Total cost of revenue was $134.62 million, leading to a gross profit of $68.99 million [7][17]. - Selling, general, and administrative expenses were $9.12 million, slightly higher than $8.57 million in the previous year [8][17]. Cash Flow and Balance Sheet - As of March 31, 2025, the company held cash and cash equivalents of $72.95 million, up from $43.47 million the previous year [10][15]. - Net cash provided by operating activities was $40.5 million, compared to $24.05 million in the previous year [10][20]. - Total assets increased to $170.51 million from $153.43 million the previous year, while total liabilities decreased to $35.92 million from $73.08 million [15][16].