M&A
confidence high
sentiment neutral
materiality 0.65
Tidewater files SPO financials: 2021 revenue $207.5M, net profit $4.2M
TIDEWATER INC
- SPO 2021 revenue $207.5M, gross profit $12.8M (2020: revenue $217.7M, gross loss $34.9M).
- SPO net profit $4.2M in 2021 vs net loss $666.7M in 2020 (incl. $559.7M impairment of PP&E).
- SPO total assets $555.7M, net assets $407.6M as of Dec 31, 2021.
- Unaudited pro forma combined financials for Tidewater for year ended Dec 31, 2021 filed.