Business
MODEC : 2025 Full-Year Financial Results Analysts Presentation
MODEC : 2025 Full-Year Financial Results Analysts
About this update from Modec, Inc.
2025 Investor Presentation February 16, 2026 1 Table of Contents 2025 Highlight Industry Landscape Financial Summary Financial Guidance Appendix I. 2025 Highlight 2025 Highlight Earnings Results Overview Revenue $ 4,581MM 104% achievement ratio against FY2025 revised guidance ($4,400MM) Increase by $395MM or 9% as compared to FY2024 Net Income $ 360MM 102% achievement ratio against FY2025 revised guidance ($350MM) Increase by $140MM or 63% as compared to FY2024 Adjusted EBITDA $ 440MM Increase by $112MM or 34% as compared to FY2024 Total Backlog $ 26.9B Backlog Increase by $4.9B or 22% as compared to FYE2024 Overall operating performance remained solid. The continuous improvement of business segment performance led to another record results two years in a row. EPCI: Steady progress on Raia, Uaru, Gato do Mato and Hammerhead EPCI projects Two new contract awards (Shell Gato do Mato and ExxonMobil Hammerhead) O&M: Steady operating performance of the existing vessels Two new contract awards (Shell Gato do Mato and ExxonMobil Hammerhead) Charter: Stable earnings under long-term availability-based contracts 5 Attention : This is an excerpt of the original content. To continue reading it, access the original document here .