Tidewater files WSUT acquisition financials: FY2025 revenue $240.4M, net profit $27.1M

TIDEWATER INC

Wilson Sons Ultratug (now Tidewater Offshore do Brasil) FY2025: revenue $240.4M, gross profit $57.2M, operating profit $38.9M, net profit $27.1M under IFRS.
WSUT total assets $495.5M at Dec 31, 2025, including PP&E of $405.3M and right-of-use assets of $23.0M; equity $168.6M.
WSUT debt: financing of $251.3M ($47.4M current, $203.9M non-current) plus lease liabilities of $31.4M; cash of $19.0M.
WSUT generated $98.5M of operating cash flow in 2025 against $26.3M of vessel/PP&E capex; $12.8M lease principal paid.
Tidewater closed the purchase of WSUT and Atlantic Offshore Services on Aug 31, 2026 under an SPA signed Feb 22, 2026; this filing adds audited FY2025 and pro forma statements.

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