Cash flow OceanPact Serviços Marítimos S.A.

Equities

OPCT3

BROPCTACNOR0

Environmental Services & Equipment

Delayed Sao Paulo Other stock markets 15:25:33 09/03/2026 GMT			5-day change	1st Jan Change
9.350 ^BRL	-1.37%		-2.71%	+10.65%

03:05am	OceanPact Serviços Marítimos S.A., Q4 2025 Earnings Call, Mar 05, 2026
01:35am	OceanPact Serviços Marítimos S.A., CBO Holding S.A. - M&A Call

c37f49f4ecbeaca5b6586620db78cb.vdubzL3ReBRfeEEuANOw9dY-pC1YhzGrynMjUeEQyTI.9_asoMm8SXBsNjVxZJ3TlrF28RsP5HrEskJyZqB8qAPwosGij6E_XTwfcQ

Published financial data: OCEANPACT SERVIÇOS MARÍTIMOS S.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	643M	882M	1.2B	1.65B	1.72B
Total Revenues	643M	882M	1.2B	1.65B	1.72B
Cost of Goods Sold, Total	517M	725M	1.01B	1.27B	1.26B
Gross Profit	125M	157M	188M	376M	462M
Selling General & Admin Expenses, Total	77.82M	110M	115M	167M	191M
Other Operating Expenses	453K	21.97M	41.52M	28.93M	-1.47M
Other Operating Expenses, Total	78.27M	132M	156M	196M	189M
Operating Income	46.88M	24.57M	31.2M	180M	273M
Interest Expense, Total	-34.09M	-73.36M	-177M	-189M	-188M
Interest And Investment Income	3.35M	16.4M	28.53M	28.55M	34.28M
Net Interest Expenses	-30.74M	-56.95M	-148M	-160M	-154M
Income (Loss) On Equity Invest.	3.98M	5.51M	6.18M	76K	-
Currency Exchange Gains (Loss)	-62.5M	-17.21M	7M	11.84M	-103M
Other Non Operating Income (Expenses)	-10.1M	-13.08M	-9.24M	-2.19M	-11.22M
EBT, Excl. Unusual Items	-52.48M	-57.17M	-113M	29.37M	4.84M
Merger & Related Restructuring Charges	-	-	-	-725K	-
Impairment of Goodwill	-	-4.64M	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-2.54M	-5.65M	-
Gain (Loss) On Sale Of Assets	11.88M	972K	1.86M	4.68M	2.28M
Asset Writedown	-	-	-4.02M	-	-
Insurance Settlements	8.32M	2.5M	-	6.64M	2.24M
Legal Settlements	-	-	-	86.42M	11.37M
Other Unusual Items	-	2.22M	-	3.66M	-9.2M
EBT, Incl. Unusual Items	-32.28M	-56.13M	-118M	124M	11.53M
Income Tax Expense	-9.47M	-8.75M	-24.91M	51.08M	27.12M
Earnings From Continuing Operations	-22.81M	-47.38M	-92.98M	73.32M	-15.6M
Net Income to Company	-22.81M	-47.38M	-92.98M	73.32M	-15.6M
Net Income - (IS)	-22.81M	-47.38M	-92.98M	73.32M	-15.6M
Net Income to Common Incl Extra Items	-22.81M	-47.38M	-92.98M	73.32M	-15.6M
Net Income to Common Excl. Extra Items	-22.81M	-47.38M	-92.98M	73.32M	-15.6M
Per Share Items
Net EPS - Basic	-0.18	-0.25	-0.46	0.37	-0.08
Basic EPS - Continuing Operations	-0.18	-0.25	-0.46	0.37	-0.08
Basic Weighted Average Shares Outstanding	124M	192M	200M	198M	199M
Net EPS - Diluted	-0.18	-0.25	-0.46	0.37	-0.08
Diluted EPS - Continuing Operations	-0.18	-0.25	-0.46	0.37	-0.08
Diluted Weighted Average Shares Outstanding	124M	192M	200M	199M	199M
Normalized Basic EPS	-0.26	-0.19	-0.35	0.09	0.02
Normalized Diluted EPS	-0.26	-0.19	-0.35	0.09	0.02
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	111M	147M	218M	402M	511M
EBITA	46.88M	24.57M	31.2M	186M	276M
EBIT	46.88M	24.57M	31.2M	180M	273M
EBITDAR	152M	188M	249M	535M	577M
Effective Tax Rate - (Ratio)	29.34	15.59	21.13	41.06	235.33
Total Current Taxes	23.21M	4.53M	5.24M	52.96M	19M
Total Deferred Taxes	-32.68M	-13.28M	-30.14M	-1.89M	8.12M
Normalized Net Income	-32.8M	-35.73M	-70.74M	18.35M	3.02M
Interest on Long-Term Debt	7.23M	18.93M	19.89M	10.64M	4.66M
Supplemental Operating Expense Items
General and Administrative Expenses	77.82M	110M	115M	167M	191M
Net Rental Expense, Total	40.77M	40.34M	31.38M	133M	66M
Imputed Operating Lease Interest Expense	18.08M	22.77M	35.8M	167M	68.33M
Imputed Operating Lease Depreciation	22.69M	17.56M	-4.42M	-34.26M	-2.33M
Stock-Based Comp., Other (Total)	5.57M	-	-	-	-
Total Stock-Based Compensation	5.57M	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	167M	491M	84.25M	214M	515M
Short Term Investments	-	49.47M	63.83M	42.19M	18.61M
Total Cash And Short Term Investments	167M	541M	148M	256M	534M
Accounts Receivable, Total	109M	202M	257M	341M	355M
Other Receivables	38.97M	52.53M	105M	91.57M	84.69M
Total Receivables	148M	255M	362M	433M	439M
Inventory	5.31M	5.78M	6.68M	4.94M	5.02M
Prepaid Expenses	7.87M	12.93M	-	-	19.95M
Other Current Assets, Total	5.16M	10.01M	8.04M	1.31M	9.13M
Total Current Assets	333M	824M	525M	695M	1.01B
Gross Property Plant And Equipment	911M	1.68B	2.04B	2.07B	2.74B
Accumulated Depreciation	-252M	-399M	-577M	-701M	-1.03B
Net Property Plant And Equipment	659M	1.28B	1.46B	1.37B	1.71B
Long-term Investments	36.02M	26.97M	14.02M	7.29M	10.02M
Goodwill	7.4M	2.76M	219K	219K	-
Other Intangibles, Total	3.28M	14.06M	10.18M	14.1M	16.54M
Accounts Receivable Long-Term	6.5M	15.17M	-	-	54.82M
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	65.34M	142M	170M	174M	162M
Other Long-Term Assets, Total	13.04M	179M	95.17M	120M	67.3M
Total Assets	1.12B	2.49B	2.27B	2.38B	3.03B
Liabilities
Accounts Payable, Total	51.82M	114M	91.85M	111M	103M
Accrued Expenses, Total	51.21M	69.37M	60.31M	113M	105M
Current Portion of Long-Term Debt	95.93M	125M	334M	260M	277M
Current Portion of Leases	34.29M	41.38M	118M	16.6M	2.78M
Current Income Taxes Payable	10.51M	13.67M	24.63M	30.05M	20.46M
Other Current Liabilities	14.64M	10.98M	18.85M	35.02M	45.64M
Total Current Liabilities	258M	375M	648M	565M	554M
Long-Term Debt	577M	956M	722M	898M	1.4B
Long-Term Leases	97.02M	152M	31.27M	26.08M	26.96M
Deferred Tax Liability Non Current	712K	762K	1.4M	1.04M	1.45M
Other Non Current Liabilities	32.12M	104M	108M	105M	52.4M
Total Liabilities	965M	1.59B	1.51B	1.59B	2.04B
Common Stock, Total	43M	804M	804M	804M	804M
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	-2.46M	-52.7M	-143M	-69.5M	-84.39M
Treasury Stock	-2.86M	-	-802K	-339K	-
Comprehensive Income and Other	120M	147M	104M	54.54M	275M
Total Common Equity	158M	898M	764M	788M	994M
Total Equity	158M	898M	764M	788M	994M
Total Liabilities And Equity	1.12B	2.49B	2.27B	2.38B	3.03B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	198M	198M	198M	199M	198M
ECS Total Common Shares Outstanding	126M	198M	198M	199M	198M
Book Value / Share	1.25	4.53	3.86	3.97	5.02
Tangible Book Value	147M	881M	753M	774M	978M
Tangible Book Value Per Share	1.17	4.45	3.81	3.9	4.93
Total Debt	804M	1.27B	1.21B	1.2B	1.71B
Net Debt	638M	734M	1.05B	944M	1.17B
Debt Equivalent Oper. Leases	326M	323M	251M	1.07B	528M
Equity Method Investments, Total	-	-	6.1M	-	-
Account Code - Inventory Valuation	6	6	6	3	3
Inventories - Raw Materials, Total	-	4.35M	-	-	-
Inventories - Others	-	1.42M	-	-	-
Machinery, Total	759M	1.4B	1.77B	1.95B	2.62B
Full Time Employees	1.73K	2.26K	2.02K	1.91K	2.16K
Accumulated Allowance for Doubtful Accounts (Supple)	2.2M	8.1M	8.62M	8.7M	9.25M
Order Backlog	2.4B	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-22.81M	-47.38M	-92.98M	73.32M	-15.6M
Depreciation & Amortization - CF	79.02M	159M	222M	240M	254M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	6.23M	2.68M
Depreciation & Amortization, Total	79.02M	159M	222M	246M	257M
Amortization of Deferred Charges, Total - (CF)	1.05M	1.29M	1.39M	1.89M	2.39M
(Gain) Loss From Sale Of Asset	-11.88M	-972K	-1.86M	-4.68M	-2.28M
(Gain) Loss on Sale of Investments - (CF)	-	-2.22M	-	5.65M	-
Asset Writedown & Restructuring Costs	-	4.64M	6.56M	-	-
Provision for Credit Losses	-	4.12M	-502K	-4.55M	-
(Income) Loss On Equity Investments - (CF)	-3.98M	-5.51M	-6.18M	-76K	-
Stock-Based Compensation (CF)	5.57M	-	-	-	-
Provision and Write-off of Bad Debts	-	5.9M	518K	604K	556K
Other Operating Activities, Total	51.45M	4.53M	-29.51M	37.66M	126M
Change In Accounts Receivable	7.78M	-85.99M	-55.31M	-66.95M	-14.13M
Change In Inventories	-4.58M	-4.76M	-906K	1.74M	-82K
Change In Accounts Payable	-2.28M	11.95M	8.61M	1.98M	-20.76M
Change In Income Taxes	14.1M	-15.78M	-24.96M	-5.18M	-33.57M
Change in Other Net Operating Assets	-12.98M	-693K	7.43M	34.64M	-40.65M
Cash from Operations	100M	27.88M	34.56M	322M	259M
Capital Expenditure	-183M	-735M	-381M	-305M	-401M
Sale of Property, Plant, and Equipment	26.77M	2.87M	7.98M	867K	9.03M
Cash Acquisitions	723K	-2.67M	-	-2.14M	-
Sale (Purchase) of Intangible assets	-2.24M	-3.08M	-2.52M	-	-
Investment in Marketable and Equity Securities, Total	-23.67M	-39.94M	28.96M	21.07M	20.85M
Other Investing Activities, Total	2.99M	4.9M	5.68M	6.79M	-
Cash from Investing	-179M	-773M	-340M	-279M	-371M
Long-Term Debt Issued, Total	411M	541M	101M	682M	946M
Total Debt Issued	411M	541M	101M	682M	946M
Long-Term Debt Repaid, Total	-211M	-207M	-162M	-594M	-532M
Total Debt Repaid	-211M	-207M	-162M	-594M	-532M
Issuance of Common Stock	-	744M	-	-	-
Repurchase of Common Stock	-	-	-	-	-7.79M
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-	-	-3.55M	-	-
Cash from Financing	201M	1.08B	-65.19M	87.85M	407M
Foreign Exchange Rate Adjustments	-	-7.81M	-6.01M	-954K	6.56M
Net Change in Cash	123M	325M	-377M	130M	301M
Supplemental Items
Cash Interest Paid	29.51M	75.38M	156M	175M	167M
Cash Income Tax Paid (Refund)	3.88M	1.32M	9.64M	24.96M	11.58M
Levered Free Cash Flow	-96M	-646M	-356M	-33.01M	-137M
Unlevered Free Cash Flow	-74.69M	-600M	-245M	85.15M	-19.14M
Change In Net Working Capital	3.98M	37.44M	105M	-30.15M	48.2M
Net Debt Issued / Repaid	201M	334M	-61.64M	87.85M	414M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.22	0.85	0.82	4.83	6.3
Return on Total Capital	3.81	0.98	0.94	5.69	7.27
Return On Equity %	-14.79	-8.97	-11.19	9.45	-1.75
Return on Common Equity	-14.79	-8.97	-11.19	9.45	-1.75
Margin Analysis
Gross Profit Margin %	19.48	17.79	15.62	22.78	26.84
SG&A Margin	12.11	12.51	9.56	10.1	11.07
EBITDA Margin %	17.35	16.69	18.15	24.36	29.69
EBITA Margin %	7.3	2.78	2.6	11.3	16.01
EBIT Margin %	7.3	2.78	2.6	10.92	15.85
Income From Continuing Operations Margin %	-3.55	-5.37	-7.74	4.45	-0.91
Net Income Margin %	-3.55	-5.37	-7.74	4.45	-0.91
Net Avail. For Common Margin %	-3.55	-5.37	-7.74	4.45	-0.91
Normalized Net Income Margin	-5.1	-4.05	-5.89	1.11	0.18
Levered Free Cash Flow Margin	-14.94	-73.24	-29.63	-2	-7.95
Unlevered Free Cash Flow Margin	-11.62	-68.05	-20.42	5.16	-1.11
Asset Turnover
Asset Turnover	0.71	0.49	0.5	0.71	0.64
Fixed Assets Turnover	1.17	0.91	0.88	1.16	1.12
Receivables Turnover (Average Receivables)	5.75	5.67	5.23	5.51	4.95
Inventory Turnover (Average Inventory)	171.39	130.88	162.69	219.07	252.69
Short Term Liquidity
Current Ratio	1.29	2.2	0.81	1.23	1.82
Quick Ratio	1.22	2.12	0.79	1.22	1.76
Operating Cash Flow to Current Liabilities	0.39	0.07	0.05	0.57	0.47
Days Sales Outstanding (Average Receivables)	63.69	64.38	69.83	66.22	73.99
Days Outstanding Inventory (Average Inventory)	2.14	2.79	2.24	1.67	1.45
Average Days Payable Outstanding	35.68	41.73	37.07	29.08	31.11
Cash Conversion Cycle (Average Days)	30.15	25.44	35.01	38.81	44.32
Long Term Solvency
Total Debt/Equity	508.72	141.94	157.86	152.26	171.85
Total Debt / Total Capital	83.57	58.67	61.22	60.36	63.22
LT Debt/Equity	426.37	123.41	98.68	117.17	143.75
Long-Term Debt / Total Capital	70.04	51.01	38.27	46.45	52.88
Total Liabilities / Total Assets	85.93	63.87	66.42	66.92	67.2
EBIT / Interest Expense	1.38	0.33	0.18	0.95	1.45
EBITDA / Interest Expense	3.69	2.5	1.43	2.25	2.81
(EBITDA - Capex) / Interest Expense	-1.69	-7.52	-0.72	0.64	0.69
Total Debt / EBITDA	6.39	6.95	4.76	2.82	3.23
Net Debt / EBITDA	5.07	4	4.14	2.22	2.22
Total Debt / (EBITDA - Capex)	-13.99	-2.31	-9.49	9.95	13.25
Net Debt / (EBITDA - Capex)	-11.09	-1.33	-8.26	7.82	9.11
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	44.98	37.3	36.13	37.3	4.38
Gross Profit, 1 Yr. Growth %	56.8	25.37	19.53	100.3	22.96
EBITDA, 1 Yr. Growth %	52.64	32.1	48.05	84.25	18.7
EBITA, 1 Yr. Growth %	58.75	-47.6	26.97	417.37	28.03
EBIT, 1 Yr. Growth %	58.75	-47.6	26.97	477.46	30.57
Earnings From Cont. Operations, 1 Yr. Growth %	-337.21	107.71	96.24	-178.85	-121.28
Net Income, 1 Yr. Growth %	-337.21	107.71	96.24	-178.85	-121.28
Normalized Net Income, 1 Yr. Growth %	-935.37	8.95	97.97	-125.94	-96.65
Diluted EPS Before Extra, 1 Yr. Growth %	-334.38	35.9	88.52	-179.17	-121.34
Accounts Receivable, 1 Yr. Growth %	-5.14	85.87	27.08	32.65	3.98
Inventory, 1 Yr. Growth %	627.12	8.82	15.69	-26.04	1.66
Net Property, Plant and Equip., 1 Yr. Growth %	50.85	94.29	14.03	-5.99	24.76
Total Assets, 1 Yr. Growth %	61.66	121.19	-8.49	4.8	27.2
Tangible Book Value, 1 Yr. Growth %	2.58	497.61	-14.52	2.76	26.31
Common Equity, 1 Yr. Growth %	5.14	467.91	-14.96	3.24	26.12
Cash From Operations, 1 Yr. Growth %	119.85	-75.56	23.98	831.56	-19.67
Capital Expenditures, 1 Yr. Growth %	129.12	300.86	-48.24	-20.27	31.25
Levered Free Cash Flow, 1 Yr. Growth %	238.86	573.13	-44.94	-90.72	811.79
Unlevered Free Cash Flow, 1 Yr. Growth %	363.32	703.78	-59.15	-134.72	-118.56
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	46.03	41.09	36.71	36.71	19.71
Gross Profit, 2 Yr. CAGR %	30.71	40.21	22.42	54.73	56.93
EBITDA, 2 Yr. CAGR %	33.41	22	34.31	65.16	31.7
EBITA, 2 Yr. CAGR %	43.42	-17.37	-25.53	175.42	97.05
EBIT, 2 Yr. CAGR %	43.42	-17.37	-24.82	170.78	96.09
Earnings From Cont. Operations, 2 Yr. CAGR %	27.57	121.97	101.89	24.4	-59.04
Net Income, 2 Yr. CAGR %	27.57	121.97	101.89	24.4	-59.04
Normalized Net Income, 2 Yr. CAGR %	58.64	111.89	60.09	-28.33	-74.33
Diluted EPS Before Extra, 2 Yr. CAGR %	29.32	76.78	58.98	22.17	-58.67
Accounts Receivable, 2 Yr. CAGR %	44.06	32.78	53.69	29.83	17.44
Inventory, 2 Yr. CAGR %	472.41	181.29	12.2	-7.5	-13.29
Net Property, Plant and Equip., 2 Yr. CAGR %	44.78	71.2	48.85	3.54	8.3
Total Assets, 2 Yr. CAGR %	52.7	89.09	42.27	-2.07	15.45
Tangible Book Value, 2 Yr. CAGR %	2.23	147.59	126.02	-6.28	13.93
Common Equity, 2 Yr. CAGR %	3.51	144.36	119.76	-6.3	14.1
Cash From Operations, 2 Yr. CAGR %	79.92	-21.9	-44.95	239.85	173.55
Capital Expenditures, 2 Yr. CAGR %	101.15	203.06	44.04	-35.55	2.29
Levered Free Cash Flow, 2 Yr. CAGR %	76.45	358.65	97.95	-77.4	-40.17
Unlevered Free Cash Flow, 2 Yr. CAGR %	332.66	604.72	87.86	-62.34	-70.53
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	55.57	43.06	39.41	36.91	24.95
Gross Profit, 3 Yr. CAGR %	45.18	28.91	32.95	44.25	43.32
EBITDA, 3 Yr. CAGR %	41.15	32.97	33.38	49.24	51.4
EBITA, 3 Yr. CAGR %	51.54	2.53	2.55	49.08	123.83
EBIT, 3 Yr. CAGR %	51.54	2.53	2.55	48.33	123.1
Earnings From Cont. Operations, 3 Yr. CAGR %	46.2	50.07	113.04	47.58	-30.95
Net Income, 3 Yr. CAGR %	46.2	50.07	113.04	47.58	-30.95
Normalized Net Income, 3 Yr. CAGR %	80.47	39.97	171.22	-12.72	-56.09
Diluted EPS Before Extra, 3 Yr. CAGR %	45.62	31.48	79.8	26.01	-31.7
Accounts Receivable, 3 Yr. CAGR %	69.9	56.83	30.85	46.33	20.57
Inventory, 3 Yr. CAGR %	-	229.13	109.18	-2.35	-4.54
Net Property, Plant and Equip., 3 Yr. CAGR %	32.92	59.69	49.51	27.71	10.18
Total Assets, 3 Yr. CAGR %	41.18	72.77	48.46	28.49	6.85
Tangible Book Value, 3 Yr. CAGR %	-1.42	84.16	73.7	73.8	3.53
Common Equity, 3 Yr. CAGR %	0.47	82.56	71.88	70.84	3.45
Cash From Operations, 3 Yr. CAGR %	37.84	-3.52	-8.89	41.33	110.12
Capital Expenditures, 3 Yr. CAGR %	121.2	153.13	68.14	18.53	-18.31
Levered Free Cash Flow, 3 Yr. CAGR %	67.64	175.71	116.35	-28.63	-40.4
Unlevered Free Cash Flow, 3 Yr. CAGR %	44.16	431.88	145.87	7.01	-68.29
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	30.76	42.26	47.73	40.48	31.17
Gross Profit, 5 Yr. CAGR %	12.66	49.43	35.61	38.67	42.07
EBITDA, 5 Yr. CAGR %	14.55	61.95	40.63	45.01	40.94
EBITA, 5 Yr. CAGR %	0.43	21.34	18.29	52.24	56.95
EBIT, 5 Yr. CAGR %	0.43	21.34	18.29	51.2	56.65
Earnings From Cont. Operations, 5 Yr. CAGR %	23.45	14.69	66.35	39.22	10.16
Net Income, 5 Yr. CAGR %	23.45	14.69	66.35	39.22	10.16
Normalized Net Income, 5 Yr. CAGR %	39.62	12.56	66.19	7.09	-3.13
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	50.82	27.33	-0.36
Accounts Receivable, 5 Yr. CAGR %	23.88	55.02	63.22	45.42	25.31
Inventory, 5 Yr. CAGR %	79.35	-	-	98.1	47.08
Net Property, Plant and Equip., 5 Yr. CAGR %	18.64	35.06	39.07	34.28	31.42
Total Assets, 5 Yr. CAGR %	19.29	43.05	41.62	37.67	34.26
Tangible Book Value, 5 Yr. CAGR %	1.36	43.01	37.38	40.56	46.73
Common Equity, 5 Yr. CAGR %	2.61	43.11	37.41	39.81	45.9
Cash From Operations, 5 Yr. CAGR %	23.13	29.61	-2.06	59.66	41.44
Capital Expenditures, 5 Yr. CAGR %	18.33	100.66	86.32	46.45	38.01
Levered Free Cash Flow, 5 Yr. CAGR %	1.05	167.22	77.18	1.37	31.24
Unlevered Free Cash Flow, 5 Yr. CAGR %	4.8	207.77	57.97	84.43	3.02