Paratus Energy Services Ltd. · OSL:PLSV
Paratus Energy Services — Q4 2025 Earnings Presentation
9 slides from Paratus Energy Services's earnings presentation, Feb 27, 2026
Slide 1: Paratus Energy Q4 2025 Interim Results Presentation
Paratus Energy Q4 2025 Interim Results Presentation
Slide 2: Highlights
Highlights Company highlights Key figures (USDm) Revenue Delivered another quarter of strong operational performance with ~99% 430 452 452 fleet technical utilization 225 207 265 Q4 revenues of $115 million (Q3: $127 million) and EBITDA of $69 million (Q3: $78 million) 205 245 187 Full-year re
Slide 3: Seagems Joint Venture
Seagems JV Seagems Joint Venture Operational highlights Q4 2025(1) Resilient financials and strong margins(1) USDm EBITDA margin % Revenue EBITDA 77% 530 73% 67% $147m $103m 55% 65% 414 61% 339 Revenue EBITDA 240 145 147 94 109 90 103 80 49 73% ~$1.3bn Q3 2024 Q4 2024 Q3 2025 Q4 2025 FY 2024 FY 2025
Slide 4: Fontis Energy
Fontis Energy Operational highlights Q4 2025 Resilient financials and strong margins USDm EBITDA margin % Revenue EBITDA $42m $20m 61% 64% 245 59% 51% 53% 47% 187 Revenue EBITDA 144 100 63 54 55 39 28 35 42 20 47% ~$20m Q3 2024 Q4 2024 Q3 2025 Q4 2025 FY 2024 FY 2025 Fleet status overview (dayrates
Slide 5: Financial summary
Financial summary Combined Segment Financial summary Key drivers (USDm) Quarter Year-on-Year Quarter-on-Quarter 46 (USD million) Q3 2025 Q4 2025 ∆ FY 2024 FY 2025 ∆ 3 1 (13) (2) Contract revenues 127 115 (12) 452 452 1 Revenue tax (3) (3) 0 (12) (12) (0) 3 20 (13) Amortization favourable contr. (9)
Slide 6: Cash flow
Cash flow Combined Segment Financial summary Key drivers (USDm) Year-end 2025 cash balance of $178 million (year-end 2024: $86 million) Quarter-on-Quarter at Paratus consolidated level 38 108 Operating cash flows of $108m (FY 2025: $175 million) with $143 million (27) (4) (18) 178 collected in M
Slide 7: Capital structure
Capital structure Debt maturity profile Key figures per segment (USDm) Net leverage ratio improved to 2.2x (Q3: 2.6x; year-end 2024: 2.5x) Cash 204 Repurchased $17.6 million in principal amount of 2026 Notes pursuant to 134 25 a tender offer completed 19 99 12 178 115 86 Holistic plan to addre
Slide 8: Attractive dividend yield, substantial backlog visibility, efficient and flexible capital structure
Attractive dividend yield Substantial backlog visibility Efficient and flexible capital structure
Slide 9: Disclaimer
Disclaimer This document and any information provided in this presentation (the "Presentation") has been prepared by Paratus Energy Services Ltd (the "Company") solely for the purposes of providing existing investors and other stakeholders with an update about certain limited aspects of the Company.
Paratus Energy Services — Q4 2025 Earnings Presentation on 6ix