S

Shelf Drilling Ltd
OSE:SHLF

Watchlist Manager
Shelf Drilling Ltd
OSE:SHLF
Watchlist
Price: 18.44 NOK Market Closed
Market Cap: 4.7B NOK

Income Statement

Earnings Waterfall
Shelf Drilling Ltd

Revenue
983.4m USD
Cost of Revenue
-521.1m USD
Gross Profit
462.3m USD
Operating Expenses
-215.7m USD
Operating Income
246.6m USD
Other Expenses
-129.6m USD
Net Income
117m USD

Income Statement
Shelf Drilling Ltd

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Income Statement
Currency: USD
Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025
Revenue
Interest Expense
80
92
88
87
84
93
103
105
107
88
81
80
81
82
85
87
90
97
101
103
103
0
0
0
111
0
0
0
0
0
0
0
0
0
0
Revenue
684
N/A
651
-5%
624
-4%
583
-7%
572
-2%
573
+0%
583
+2%
605
+4%
613
+1%
613
0%
598
-3%
569
-5%
576
+1%
610
+6%
628
+3%
624
-1%
585
-6%
534
-9%
509
-5%
512
+1%
527
+3%
553
+5%
573
+4%
609
+6%
695
+14%
723
+4%
786
+9%
888
+13%
908
+2%
979
+8%
999
+2%
999
0%
985
-1%
976
-1%
983
+1%
Gross Profit
Cost of Revenue
(354)
(319)
(306)
(301)
(320)
(342)
(356)
(367)
(358)
(360)
(364)
(369)
(367)
(375)
(367)
(355)
(341)
(315)
(314)
(319)
(324)
(335)
(343)
(347)
(386)
(429)
(460)
(500)
(513)
(533)
(555)
(559)
(553)
(534)
(522)
Gross Profit
331
N/A
332
+0%
318
-4%
282
-11%
252
-11%
231
-8%
227
-2%
238
+5%
255
+7%
253
-1%
234
-8%
200
-14%
209
+5%
235
+12%
261
+11%
269
+3%
244
-9%
219
-10%
195
-11%
193
-1%
203
+5%
218
+7%
231
+6%
262
+14%
310
+18%
293
-5%
326
+11%
388
+19%
395
+2%
446
+13%
444
0%
440
-1%
432
-2%
443
+3%
462
+4%
Operating Income
Operating Expenses
(210)
(204)
(201)
(195)
(189)
(198)
(218)
(230)
(231)
(227)
(209)
(205)
(209)
(207)
(194)
(176)
(163)
(149)
(152)
(153)
(151)
(158)
(160)
(169)
(184)
(188)
(195)
(209)
(209)
(222)
(235)
(244)
(225)
(224)
(215)
Selling, General & Administrative
(47)
(44)
(46)
(50)
(44)
(47)
(60)
(63)
(61)
(60)
(45)
(47)
(51)
(53)
(53)
(49)
(46)
(42)
(45)
(47)
(46)
(49)
(49)
(50)
(57)
(60)
(61)
(68)
(64)
(67)
(68)
(65)
(67)
(66)
(64)
Depreciation & Amortization
(72)
(72)
(74)
(77)
(81)
(84)
(86)
(87)
(87)
(85)
(84)
(83)
(83)
(82)
(78)
(75)
(70)
(66)
(66)
(66)
(66)
(64)
(62)
(60)
(62)
(67)
(73)
(80)
(83)
(86)
(87)
(86)
(86)
(86)
(85)
Other Operating Expenses
(92)
(88)
(81)
(68)
(65)
(67)
(72)
(80)
(83)
(82)
(80)
(76)
(75)
(72)
(63)
(52)
(47)
(41)
(41)
(41)
(39)
(45)
(49)
(58)
(64)
(61)
(61)
(61)
(62)
(69)
(82)
(95)
(72)
(73)
(66)
Operating Income
120
N/A
128
+7%
117
-9%
87
-26%
63
-27%
33
-47%
9
-73%
8
-12%
25
+206%
26
+5%
25
-2%
(5)
N/A
1
N/A
28
+3 153%
67
+141%
92
+38%
81
-12%
69
-14%
44
-37%
39
-10%
51
+31%
59
+15%
70
+18%
94
+33%
126
+34%
105
-16%
131
+25%
179
+36%
186
+4%
225
+21%
208
-7%
195
-6%
207
+6%
220
+6%
247
+12%
Pre-Tax Income
Interest Income Expense
(80)
(92)
(88)
(86)
(83)
(91)
(102)
(104)
(105)
(86)
(79)
(79)
(80)
(81)
(84)
(87)
(90)
(97)
(101)
(103)
(103)
(100)
(100)
(103)
(110)
(121)
(128)
(134)
(138)
(140)
(143)
(145)
(145)
(144)
(143)
Non-Reccuring Items
(52)
(52)
(85)
(83)
(34)
(34)
(0)
(0)
(42)
(39)
(38)
(39)
(57)
(248)
(247)
(241)
(246)
(60)
(60)
(69)
(10)
(7)
(7)
(7)
(7)
(4)
(3)
(1)
(30)
(31)
(42)
(1)
24
29
37
Total Other Income
2
1
1
1
(3)
(2)
(1)
(0)
0
(1)
(1)
(1)
(1)
(0)
(0)
(0)
(1)
(1)
(1)
(0)
2
2
2
3
2
2
(2)
(4)
(6)
(10)
(8)
(10)
(3)
1
1
Pre-Tax Income
(10)
N/A
(15)
-50%
(55)
-262%
(82)
-49%
(57)
+30%
(94)
-65%
(95)
-1%
(96)
-2%
(122)
-27%
(101)
+18%
(94)
+7%
(124)
-32%
(137)
-10%
(302)
-121%
(264)
+12%
(236)
+11%
(255)
-8%
(90)
+65%
(119)
-33%
(133)
-12%
(60)
+55%
(46)
+23%
(36)
+23%
(14)
+60%
10
N/A
(18)
N/A
(2)
+88%
39
N/A
13
-67%
43
+234%
15
-65%
39
+158%
84
+113%
104
+24%
142
+37%
Net Income
Tax Provision
(20)
(19)
(13)
(12)
(14)
(14)
(20)
(22)
(14)
(11)
(10)
(5)
(13)
(19)
(19)
(19)
(20)
(17)
(18)
(19)
(18)
(21)
(25)
(30)
(34)
(36)
(35)
(32)
(30)
(30)
(30)
(32)
(32)
(35)
(33)
Income from Continuing Operations
(30)
(34)
(68)
(93)
(71)
(108)
(114)
(119)
(136)
(111)
(104)
(129)
(150)
(321)
(283)
(255)
(275)
(106)
(137)
(152)
(79)
(67)
(61)
(45)
(24)
(54)
(37)
7
(17)
13
(15)
8
53
71
110
Income to Minority Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(5)
(4)
(2)
1
10
17
28
32
29
20
7
Net Income (Common)
(30)
N/A
(38)
-26%
(76)
-102%
(106)
-39%
(88)
+17%
(126)
-43%
(133)
-5%
(133)
0%
(146)
-10%
(116)
+20%
(104)
+11%
(129)
-25%
(150)
-16%
(321)
-115%
(283)
+12%
(255)
+10%
(275)
-8%
(106)
+61%
(137)
-29%
(152)
-11%
(79)
+48%
(67)
+15%
(61)
+9%
(45)
+27%
(29)
+35%
(58)
-100%
(39)
+32%
8
N/A
(8)
N/A
30
N/A
14
-55%
41
+201%
81
+100%
91
+12%
117
+29%
EPS (Diluted)
-0.36
N/A
-0.46
-28%
-0.92
-100%
-1.27
-38%
-1.08
+15%
-1.55
-44%
-1.58
-2%
-1.19
+25%
-1.49
-25%
-1.04
+30%
-0.81
+22%
-0.93
-15%
-1.16
-25%
-2.35
-103%
-2.06
+12%
-1.86
+10%
-2.01
-8%
-0.78
+61%
-1.01
-29%
-1.11
-10%
-0.57
+49%
-0.49
+14%
-0.44
+10%
-0.25
+43%
-0.18
+28%
-0.3
-67%
-0.21
+30%
0.02
N/A
-0.04
N/A
0.15
N/A
0.07
-53%
0.17
+143%
0.35
+106%
0.34
-3%
0.45
+32%