Samos Energy Infrastructure (SAMOS) Q3 2025 earnings summary

Executive summary

• No lost time incidents (LTIs) across all three vessels, maintaining high HSE standards.

• Owns and leases floating production platforms, with expansion through acquisitions underway.

• Merged subsidiaries SEFI1L and SEFI2L into a single entity in 2024, streamlining operations.

• Q3 production exceeded forecasts by 15% due to revised shutdown timing and additional workovers.

• No dividends declared for the period ended 30 September 2025.

Financial highlights

• Q3 2025 revenue: $13.2 million; H1 2025 revenue: $19.1 million.

• Q3 2025 net profit: $8.44 million; H1 2025 net profit: $17.27 million.

• Total assets increased to $85.7 million at 30 September 2025 from $46.6 million at year-end 2024.

• Equity improved to $17.1 million from a deficit of $51.5 million at year-end 2024.

• Cash and cash equivalents at end-Q3 2025: $20.8 million.

Outlook and guidance

• Management reiterates robust revenue and EBITDA outlooks for 2025 and beyond.

• Actively pursuing further acquisitions of floating production platforms.

• Actual 2025 EBITDA expected to exceed previous forecasts.

• Revenue forecasts include vessel scrapping at contract end, assuming $430/mt steel price.

• Management base case assumes field cessation in 2030; credit case in 2028.