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Simec Atlantis Energy Limited Ord Npv Di Fundamentals

Company Name SIMEC Atlantis Energy Last Updated 21 Mar 2019
Industry Oil & Gas Sector Alternative Energy
Shares in Issue (m) 366.20 Market Cap (£m) 65.00
PE Ratio -1.97 Div per Share (p) 0.00
Div Yield 0.00 Div Cover 0.00
EPS -9.00 EPS Growth (%) -50.00
PEG 0.04 DPS Growth (%) n/a
Debt Ratio 38.02 Debt Equity Ratio 0.74
Net Gearing 40.24 Gross Gearing 45.31
Asset Equity Ratio 1.83 Cash Equity Ratio 9.26
Quick Ratio 0.70 Current Ratio 0.70
Price To Book Value 1.08 ROCE -11.46

Simec Atlantis Energy Limited Ord Npv Di Dividends

Type Ex-Date Pay Date Currency Net Dividend Year Total

Simec Atlantis Energy Limited Ord Npv Di Company Financials

Assets (£m) 2017 2016 2015
Tangible Assets 67 63 86
Intangible Assets 34 36 65
Investments 0 1 2
Total Fixed Assets 101 100 153
Stocks 0 0 0
Debtors 3 5 13
Cash & Equivalents 6 10 26
Other Assets 0 0 0
Total Assets 110 115 192
Liabilities (£m) 2017 2016 2015
Creditors within 1 year 13 15 26
Creditors after 1 year 37 33 44
Other Liabilities 0 0 0
Total Liabilities 50 49 71
Net assets 60 67 121
Equity (£m) 2017 2016 2015
Called up share capital 95 91 200
Share Premium 0 0 0
Profit / Loss -11 -7 4
Other Equity 23 23 20
Preference & Minorities 8 8 10
Total Capital Employed 60 67 121
Ratios 2017 2016 2015
Debt Ratio 38.02 33.40 26.93
Debt-to-Equity 0.74 0.69 0.63
Net Gearing 40.24 33.37 23.62
Gross Gearing 45.31 42.24 37.01
Assets / Equity 1.83 1.73 1.59
Cash / Equity 9.26 15.36 21.24
EPS -9.00 -6.00 4.00
Cash Flow (£m) 2017 2016 2015
Cash from operating activities -5 -13 -15
Cashflow before financing -15 -27 -55
Increase in Cash -5 -2 -2
Income (£m) 2017 2016 2015
Turnover 0 0 3
Cost of sales 0 0 0
Gross Profit 0 0 0
Operating Profit -13 -6 6
Pre-Tax profit -11 -7 4
Profit / Loss for the year 95 91 200

Simec Atlantis Energy Limited Ord Npv Di Company Background

Sector Alternative Energy
Activities SIMEC Atlantis Energy Limited (formerly Atlantis Resources Limited) is a vertically integrated turbine supplier and project developer in the tidal power industry. The Group holds interests in a diverse portfolio of tidal stream development projects, which includes 100 per cent ownership of MeyGen Limited, the company developing the MeyGen project in Scotland. The directors believe that MeyGen is the largest consented tidal stream power project in Europe, and is scheduled to commence power production in 2016. Alongside its project development interests, the Group owns a portfolio of patents and patent applications relating to tidal power generation and sells tidal generation equipment and engineering services to third party developers as well as its own projects. The Group, which is revenue generating, also conducts industrial research and development and provides specialist consulting services globally.
Latest Interim Date 24 Sep 2018
Latest Fiscal Year End Date 18 Jun 2018

Simec Atlantis Energy Limited Ord Npv Di Directors

Appointed Director Position
11 Dec 2013 Timothy James Cornelius Chief Executive Officer
11 Dec 2003 John Mitchell Neill Non-Executive Chairman
22 Sep 2011 John Anthony Clifford Woodley Non-Executive Director
11 Dec 2013 Ian Anthony Macdonald Non-Executive Director
11 Dec 2003 Dr Michael Robert Lloyd Non-Executive Director
03 Aug 2015 Ian George Cobban Non-Executive Director
11 Dec 2013 Duncan Stuart Black Non-Executive Director

Simec Atlantis Energy Limited Ord Npv Di Contact Details

Company Name SIMEC Atlantis Energy
Company Address 80 Raffles Place, Level 36, UOB Plaza 1, Singapore 048624.
Company Telephone +65 6248 4688
Company Website http://www.simecatlantis.com/

Simec Atlantis Energy Limited Ord Npv Di Advisors

Auditor Name KPMG LLC
Auditor Address 16 Raffles Quay, #22-00 Hong Leong Building, Singapore 048581.
Auditor Website http://www.kpmg.com/
Auditor Telephone +65 6213 2810
Registrar Name Capita Registrars
Registrar Address The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU.
Registrar Website http://www.capitaregistrars.com/
Registrar Telephone 0870 162 3100
Broker Name Cantor Fitzgerald Europe
Broker Address 17 Crosswall, London E14 5RD.
Broker Website http://www.cantor.com/
Broker Telephone +44(0)20 7894 7000
Adviser Name Cantor Fitzgerald Europe
Adviser Address 17 Crosswall, London E14 5RD.
Adviser Website http://www.cantor.com/
Adviser Telephone +44(0)20 7894 7000
Solicitor Name Ashurst LLP
Solicitor Address Broadwalk House, 5 Appold Street, London EC2A 2HA.
Solicitor Website http://www.ashurst.com/
Solicitor Telephone +44 (0)20 7638 1111
Stockbroker Name Macquarie Capital (Europe)
Stockbroker Address Level 35, CityPoint, 1 Ropemaker Street, London EC2Y 9HD.
Stockbroker Website http://www.macquarie.com/
Stockbroker Telephone +44 (0)20 7355 5800