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Mermaid Maritime Public Co., Ltd. (SG:DU4)
SGX:DU4
Singapore Market
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Mermaid Maritime Public Co., Ltd. (DU4) Price & Analysis

11 Followers

DU4 Stock Chart & Stats

S$0.09
<S$0.01(0.89%)
At close: 4:00 PM EDT
S$0.09
<S$0.01(0.89%)

Bulls Say, Bears Say

Bulls Say
Profitability TurnaroundThe sharp improvement in net income and net margin indicates that the company has moved from earlier losses into a more profitable operating position. Sustained profitability provides greater capacity to fund vessel and project needs internally, although future earnings remain linked to revenue stability.
Strong Cash GenerationStrong operating and free cash flow shows that recent reported profits are converting into cash, supporting liquidity and internal funding capacity. This can help Mermaid maintain operations and pursue opportunities without relying as heavily on external financing over the next several quarters.
Improving Balance SheetModerate and improving leverage gives Mermaid a healthier capital structure and more financial flexibility than in 2024. The larger equity base relative to debt reduces balance-sheet pressure, helping the company absorb operating variability and preserve funding options for its offshore services business.
Bears Say
Revenue ContractionShrinking revenue is a fundamental concern because Mermaid’s offshore marine services depend on securing and executing customer work. Continued top-line pressure could reduce vessel and project utilization, weaken operating leverage, and make the recent improvement in earnings harder to sustain.
Thin Operating MarginsThin gross and operating margins leave limited room for higher operating costs, weaker project economics, or lower activity levels before profits are affected. This constrains earnings resilience and means that even modest revenue pressure could materially reduce the company’s ability to generate net income.
Volatile Cash Flow HistoryThe contrast between strong current cash generation and negative free cash flow in 2023–2024 indicates that cash conversion can be cyclical and uneven. Dependence on project timing and working-capital movements makes liquidity planning less predictable and weakens confidence that recent cash strength will persist.

Mermaid Maritime Public Co., Ltd. News

DU4 FAQ

What was Mermaid Maritime Public Co., Ltd.’s price range in the past 12 months?
Mermaid Maritime Public Co., Ltd. lowest share price was S$0.07 and its highest was S$0.14 in the past 12 months.
    What is Mermaid Maritime Public Co., Ltd.’s market cap?
    Mermaid Maritime Public Co., Ltd.’s market cap is S$145.59M.
      When is Mermaid Maritime Public Co., Ltd.’s upcoming earnings report date?
      Mermaid Maritime Public Co., Ltd.’s upcoming earnings report date is Nov 12, 2026 which is in 18 days.
        How were Mermaid Maritime Public Co., Ltd.’s earnings last quarter?
        Mermaid Maritime Public Co., Ltd. released its earnings results on Aug 11, 2026. The company reported -S$0.003 earnings per share for the quarter.
          Is Mermaid Maritime Public Co., Ltd. overvalued?
          According to Wall Street analysts Mermaid Maritime Public Co., Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Mermaid Maritime Public Co., Ltd. pay dividends?
            Mermaid Maritime Public Co., Ltd. pays a Notavailable dividend of S$0.001 which represents an annual dividend yield of 1.61%. See more information on Mermaid Maritime Public Co., Ltd. dividends here
              What is Mermaid Maritime Public Co., Ltd.’s EPS estimate?
              Mermaid Maritime Public Co., Ltd.’s EPS estimate for its next earnings report is not yet available.
              How many shares outstanding does Mermaid Maritime Public Co., Ltd. have?
              Mermaid Maritime Public Co., Ltd. has 1,890,743,200 shares outstanding.
                What happened to Mermaid Maritime Public Co., Ltd.’s price movement after its last earnings report?
                Mermaid Maritime Public Co., Ltd. reported an EPS of -S$0.003 in its last earnings report. Following the earnings report the stock price went down -3.846%.
                  Which hedge fund is a major shareholder of Mermaid Maritime Public Co., Ltd.?
                  Currently, no hedge funds are holding shares in SG:DU4
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Mermaid Maritime Public Co., Ltd.

                    Mermaid Maritime Public Company Limited, with its subsidiaries, delivers specialized subsea and offshore services across Thailand, Qatar, the United Arab Emirates, the United Kingdom, and Saudi Arabia. The company's core subsea activities include inspection, repair, and maintenance, support for infrastructure installation, remotely operated vehicle (ROV) assistance, and the laying of cables and flexible pipes. Additionally, Mermaid Maritime operates subsea vessels, provides diving and ROV services, and offers comprehensive submarine product installation, encompassing engineering, cable transportation, surveys, actual cable placement with accessories, shore and platform pull-ins, and ongoing inspection, repair, and maintenance of these subsea cables. Further services extend to offshore construction support, detailed offshore surveys, precise surface and subsea positioning, provision of specialized equipment and software, and skilled personnel. These offerings primarily cater to the offshore oil and gas industries. Established in 1983 and headquartered in Bangkok, Thailand, Mermaid Maritime Public Company Limited operates as a subsidiary of Thoresen Thai Agencies Public Company Limited.

                    Mermaid Maritime Public Co., Ltd. (DU4) Earnings & Revenues

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