OMS Energy Technologies Inc. has announced its financial results for the fiscal year ended March 31, 2025. The company reported total revenues of $203.6 million, marking a significant increase from $18.2 million for the period from April 1, 2023, through June 15, 2023, and $163.3 million for the period from June 16, 2023, through March 31, 2024. Gross margin for fiscal year 2025 rose to 33.9%, compared to 27.6% and 29.9% in the respective previous periods. The company's net profit for 2025 was $47.0 million, compared to $2.4 million for the earlier period in 2023 and $82.1 million for the period ending March 31, 2024. Basic and diluted earnings per share for 2025 were both reported at $1.18, a decrease from $2.19 in the period from June 16, 2023, through March 31, 2024. OMS, a manufacturer of surface wellhead systems and oil country tubular goods for the oil and gas industry, highlighted its strong financial performance as a result of disciplined execution and commitment to expanding its revenue base. The company has recorded several new customer wins and contract renewals since its IPO in May, further diversifying its revenue streams. Looking ahead, OMS enters fiscal 2026 with strong momentum, focusing on long-term growth, innovation, and expansion.
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