Financials Helix Energy Solutions Group, Inc.

Equities

HLX

US42330P1075

Oil Related Services and Equipment

Market Closed - Nyse Other stock markets 21:00:01 06/12/2024 GMT			5-day change	1st Jan Change
9.930 ^USD	-5.34%		-7.11%	-3.40%

10-24	Tranche Update on Helix Energy Solutions Group, Inc.'s Equity Buyback Plan announced on February 21, 2023.	CI
10-24	Helix Energy Solutions Group, Inc., Q3 2024 Earnings Call, Oct 24, 2024

Projected Income Statement: Helix Energy Solutions Group, Inc.

income-statement-evolution-chart HELIX-ENERGY-SOLUTIONS-GR

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	751.9	733.6	674.7	873.1	1,290	1,320	1,386	1,455
Change	-	-2.44%	-8.02%	29.4%	47.72%	2.37%	5%	4.92%
EBITDA ¹	180.1	155.3	96.28	121	273.4	294.8	361.5	411.2
Change	-	-13.79%	-37.99%	25.7%	125.91%	7.81%	22.63%	13.77%
EBIT ¹	68	13.02	-48.06	-26.14	105.9	115.2	193.8	230.8
Change	-	-80.84%	-	-45.61%	-	8.73%	68.3%	19.08%
Interest Paid ¹	-8.333	-28.53	-23.2	-18.95	-17.34	-22.14	-19.36	-13.97
Earnings before Tax (EBT) ¹	65.56	1.383	-70.64	-75.18	-	70.46	168.3	207.9
Change	-	-97.89%	-	6.43%	-100%	-	138.85%	23.55%
Net income ¹	57.7	22.17	-61.54	-87.78	-10.84	45.43	130	155.8
Change	-	-61.57%	-	42.65%	-87.65%	-	186.2%	19.83%
Announcement Date	24/02/20	22/02/21	21/02/22	20/02/23	26/02/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3
Net sales ¹	170.7	181	199.1	193.5	159.9	163.4	161.9	180.7	168.7	150.1	162.6	272.5	287.8	250.1	308.8	395.7	335.2	296.2	364.8	342.4	312.9	299.5	365.6	389.3	341.1	298.2	376.8	400.9
Change	-	6.02%	10.01%	-2.84%	-17.36%	2.2%	-0.9%	11.59%	-6.67%	-10.99%	8.32%	67.61%	5.6%	-13.11%	23.49%	28.12%	-15.29%	-11.62%	23.15%	-6.13%	-8.62%	-4.27%	22.08%	6.48%	-12.38%	-12.59%	26.36%	6.42%
EBITDA ¹	33.28	19.34	47.92	52.72	35.28	36.17	24.81	26.53	8.764	2.526	16.76	52.57	49.17	35.09	71.29	96.38	70.63	46.99	96.9	87.62	63.77	68.08	106.1	115.4	84.26	73.1	129.2	130.6
Change	-	-41.87%	147.71%	10.03%	-33.07%	2.51%	-31.4%	6.93%	-66.97%	-71.18%	563.46%	213.67%	-6.47%	-28.63%	103.15%	35.2%	-26.72%	-33.47%	106.2%	-9.57%	-27.22%	6.75%	55.85%	8.74%	-26.97%	-13.24%	76.73%	1.12%
EBIT ¹	5.658	-21.03	14.19	19.02	0.843	-0.555	-10.94	-10.35	-26.86	-32.98	-18.98	15.65	8.577	-4.447	31.34	52.73	26.31	-1.126	53.19	44.64	18.46	23.65	61.6	70.81	39.63	26.1	82.19	83.63
Change	-	-	-	33.97%	-95.57%	-	1,871.35%	-5.44%	159.62%	22.77%	-42.46%	-	-45.2%	-	-	68.23%	-50.11%	-	-	-16.08%	-58.64%	28.06%	160.53%	14.95%	-44.04%	-34.14%	214.91%	1.76%
Charge d'intérêts ¹	-2.129	-5.746	-7.063	-7.598	-8.124	-6.053	-5.919	-5.928	-5.301	-5.174	-4.799	-4.644	-4.333	-4.187	-4.228	-4.152	-4.771	-5.477	-5.891	-5.689	-5.117	-5.11	-5.019	-5.008	-4.888	-2.209	-1.707	-1.401
Earnings before Tax (EBT) ¹	9.054	-35.02	5.179	29.68	1.548	-2.934	-15.65	-20.1	-31.96	-39.89	-28.26	-12.26	5.238	-7.183	10.41	23.9	-19.61	-27.98	47.01	39.03	13.5	17.37	55.08	64.31	33.6	19.39	75.98	77.73
Change	-	-	-	473.03%	-94.78%	-	433.44%	28.43%	58.98%	24.83%	-29.14%	-56.61%	-	-	-	129.51%	-	42.69%	-	-16.97%	-65.42%	28.67%	217.16%	16.74%	-47.74%	-42.3%	291.85%	2.3%
Net income ¹	7.934	-11.94	5.45	24.5	4.163	-2.878	-13.71	-19.04	-25.91	-42.03	-29.7	-18.76	2.709	-5.165	7.1	15.56	-28.33	-26.29	32.29	29.51	10.07	13.48	42.7	49.57	25.94	13.57	53.19	54.41
Change	-	-	-	349.52%	-83.01%	-	376.34%	38.91%	36.05%	62.23%	-29.34%	-36.82%	-	-	-	119.15%	-	-7.22%	-	-8.59%	-65.86%	33.82%	216.68%	16.09%	-47.67%	-47.68%	291.85%	2.3%
Announcement Date	24/02/20	22/04/20	22/07/20	21/10/20	22/02/21	26/04/21	26/07/21	20/10/21	21/02/22	25/04/22	25/07/22	24/10/22	20/02/23	24/04/23	26/07/23	23/10/23	26/02/24	24/04/24	24/07/24	23/10/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Helix Energy Solutions Group, Inc.

balance-sheet-analysis-chart HELIX-ENERGY-SOLUTIONS-GR

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	197	58.2	-22.1	75	29.5	-43	-304	-550
Change	-	-70.46%	-137.97%	239.37%	-60.67%	-245.61%	-806.98%	-280.92%
Announcement Date	24/02/20	22/02/21	21/02/22	20/02/23	26/02/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Helix Energy Solutions Group, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	140.9	20.2	8.322	33.5	18.66	47.19	71.72	74.23
Change	-	-85.66%	-58.8%	302.6%	-44.31%	152.89%	52%	3.49%
Free Cash Flow (FCF) ¹	28.82	78.6	131.8	17.6	133.8	126.3	224.5	247.9
Change	-	172.77%	67.68%	-86.64%	660.04%	-5.6%	77.7%	10.42%
Announcement Date	24/02/20	22/02/21	21/02/22	20/02/23	26/02/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Helix Energy Solutions Group, Inc.

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	-	23.95%	21.17%	14.27%	13.86%	21.2%	22.33%	26.07%	28.27%
EBIT Margin (%)	-	9.04%	1.78%	-7.12%	-2.99%	8.21%	8.72%	13.98%	15.87%
EBT Margin (%)	-	8.72%	0.19%	-10.47%	-8.61%	-	5.34%	12.14%	14.29%
Net margin (%)	-	7.67%	3.02%	-9.12%	-10.05%	-0.84%	3.44%	9.38%	10.71%
FCF margin (%)	-	3.83%	10.71%	19.53%	2.02%	10.37%	9.57%	16.19%	17.04%
FCF / Net Income (%)	-	49.94%	354.47%	-214.17%	-20.05%	-1,234.53%	278.06%	172.65%	159.1%
Profitability
ROA	1.36%	1.72%	0.46%	-1.25%	-0.69%	2.68%	-	-	-
ROE	1.8%	3.47%	1.17%	-3.64%	-5.55%	-0.72%	-	-	-
Financial Health
Leverage (Debt/EBITDA)	-	1.1x	0.38x	-	0.62x	0.11x	-	-	-
Debt / Free cash flow	-	6.85x	0.74x	-	4.26x	0.22x	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	18.73%	2.75%	1.23%	3.84%	1.45%	3.57%	5.17%	5.1%
CAPEX / EBITDA (%)	-	78.21%	13.01%	8.64%	27.68%	6.82%	16.01%	19.84%	18.05%
CAPEX / FCF (%)	-	488.82%	25.7%	6.31%	190.32%	13.95%	37.36%	31.95%	29.95%
Items per share
Cash flow per share ¹	-	1.15	0.6591	0.9338	0.3378	-	-	-	-
Change	-	-	-42.69%	41.67%	-63.82%	-	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
EPS ¹	-	0.38	0.13	-0.41	-0.58	-0.07	0.295	0.8375	1
Change	-	-	-65.79%	-415.38%	41.46%	-87.93%	-521.43%	183.9%	19.4%
Nbr of stocks (in thousands)	-	148,809	150,161	150,889	151,821	150,711	152,104	152,104	152,104
Announcement Date	-	24/02/20	22/02/21	21/02/22	20/02/23	26/02/24	-	-	-