Core Insights - OMS Energy Technologies Inc. reported strong financial results for fiscal year 2025, highlighting double-digit revenue growth, expanded gross margin, and increased operating profit, attributed to disciplined execution and new customer contracts since its IPO in May 2025 [3][4][5] Financial Performance - Total revenues for fiscal year 2025 reached $203.6 million, a significant increase from $18.2 million for the prior period and $163.3 million for the previous fiscal year [4][5] - Gross margin improved to 33.9% in 2025, up from 27.6% and 29.9% in the prior periods, reflecting higher sales volume and cost efficiencies [5][8] - Operating profit rose to $59.9 million, compared to $3.2 million and $40.2 million in the previous periods, indicating enhanced cost discipline and economies of scale [5][10] - Net profit for the year was $47.0 million, with basic and diluted earnings per share both at $1.18, compared to $2.19 in the previous fiscal year [12][20] Revenue Breakdown - Revenue from specialty connectors and pipes was $143.1 million, a substantial increase from $5.1 million and $113.5 million in prior periods, driven by higher demand from a major customer [6] - Revenue from surface wellhead and Christmas tree equipment was $8.7 million, up from $3.0 million but down from $6.8 million, affected by delayed demand from a key customer in Indonesia [6] - Premium threading services generated $36.8 million, compared to $7.6 million and $31.1 million in previous periods, with a slight decrease attributed to stable rig activities [6] - Other ancillary services saw revenues of $15.0 million, up from $2.4 million and $11.9 million, due to increased demand for engineering testing and maintenance services [6] Cost and Expenses - Cost of revenues for 2025 was $134.6 million, compared to $13.2 million and $114.5 million in prior periods, reflecting the increase in total revenues [7][20] - Selling, general, and administrative expenses were $9.1 million, a decrease from $1.8 million and $8.6 million in previous periods, primarily due to reduced legal and professional fees [9] Balance Sheet and Cash Flow - As of March 31, 2025, cash and cash equivalents totaled $75.8 million, up from $45.4 million a year earlier, indicating improved liquidity [13] - Net cash provided by operating activities was $40.5 million, compared to a net cash used of $2.9 million in the prior period [13][24]