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Simec Atlantis Energy Limited Ord Npv Di Fundamentals

Company Name SIMEC Atlantis Energy Last Updated 15 Aug 2019
Industry Utilities Sector Alternative Electricity
Shares in Issue (m) 429.08 Market Cap (£m) 49.90
PE Ratio -1.29 Div per Share () 0.00
Div Yield 0.00 Div Cover 0.00
EPS -9.00 EPS Growth (%) 0.00
PEG n/a DPS Growth (%) n/a
Debt Ratio 32.26 Debt Equity Ratio 0.82
Net Gearing 31.98 Gross Gearing 36.88
Asset Equity Ratio 1.58 Cash Equity Ratio 7.75
Quick Ratio 1.04 Current Ratio 1.12
Price To Book Value 0.42 ROCE -13.69

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) 2018 2017 2016
Tangible Assets 142 67 63
Intangible Assets 33 34 36
Investments 0 0 1
Total Fixed Assets 175 101 100
Stocks 1 0 0
Debtors 4 3 5
Cash & Equivalents 9 6 10
Other Assets 0 0 0
Total Assets 189 110 115
Liabilities (£m) 2018 2017 2016
Creditors within 1 year 13 13 15
Creditors after 1 year 57 37 33
Other Liabilities 0 0 0
Total Liabilities 70 50 49
Net assets 120 60 67
Equity (£m) 2018 2017 2016
Called up share capital 178 95 91
Share Premium 0 0 0
Profit / Loss -24 -11 -7
Other Equity 23 23 23
Preference & Minorities 7 8 8
Total Capital Employed 120 60 67
Ratios 2018 2017 2016
Debt Ratio 32.26 38.02 33.40
Debt-to-Equity 0.82 0.74 0.69
Net Gearing 31.98 40.24 33.37
Gross Gearing 36.88 45.31 42.24
Assets / Equity 1.58 1.83 1.73
Cash / Equity 7.75 9.26 15.36
EPS -9.00 -9.00 -6.00
Cash Flow (£m) 2018 2017 2016
Cash from operating activities -14 -5 -13
Cashflow before financing -15 -15 -27
Increase in Cash 5 -5 -2
Income (£m) 2018 2017 2016
Turnover 2 0 0
Cost of sales 0 0 0
Gross Profit 0 0 0
Operating Profit -21 -13 -6
Pre-Tax profit -24 -11 -7
Profit / Loss for the year 178 95 91

Simec Atlantis Energy Limited Ord Npv Di Company Background

Sector Alternative Electricity
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 28 Jun 2019

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