Cadeler A/S - Understand $cdlr stock

$CDLR Market Cap: $23.41 Billion

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Financial Snapshot

Revenue

$191.1M

TTM

Gross Margin

23.81%

TTM

Net Earnings

$16.47M

TTM

Current Assets

$264.5M

Q1 2024

Current Liabilities

$74.83M

Q1 2024

Current Ratio

353.41%

Q1 2024

Total Assets

$1.484B

Q1 2024

Total Liabilities

$369.2M

Q1 2024

Book Value

$1.115B

Q1 2024

Cash

$209.1M

Q1 2024

P/E

1.421K

Nov 29, 2024 EST

Free Cash Flow

-$199.7M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$108.6M	$106.4M	$60.94M	$19.50M	$38.38M	$72.23M	$45.31M	$71.05M
YoY Change	2.07%	74.64%	212.49%	-49.19%	-46.86%	59.41%	-36.23%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$108.6M	$106.4M	$60.94M	$19.50M	$38.38M	$72.23M	$45.31M	$71.05M
Cost Of Revenue	$54.86M	$49.54M	$38.88M	$45.76M	$44.63M	$65.80M	$49.95M	$58.08M
Gross Profit	$53.76M	$56.89M	$22.06M	-$26.26M	-$6.249M	$6.431M	-$4.646M	$12.97M
Gross Profit Margin	49.5%	53.45%	36.2%	-134.65%	-16.28%	8.9%	-10.25%	18.26%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Selling, General & Admin	$31.80M	$13.63M	$9.947M	$7.908M	$6.613M	$3.861M	$3.191M	$2.948M
YoY Change	133.34%	37.02%	25.78%	19.58%	71.28%	21.0%	8.23%
% of Gross Profit	59.15%	23.96%	45.09%			60.03%		22.73%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$23.05M	$22.68M	$16.48M	$15.48M	$15.64M	$15.64M	$45.46K	$49.23K
YoY Change	1.6%	37.65%	6.44%	-1.04%	0.04%	34297.2%	-7.65%
% of Gross Profit	42.87%	39.88%	74.7%			243.15%		0.38%
Operating Expenses	$32.20M	$14.65M	$10.36M	$8.282M	$6.964M	$3.937M	$3.236M	$2.997M
YoY Change	119.8%	41.39%	25.1%	18.93%	76.89%	21.65%	7.96%
Operating Profit	$21.57M	$42.24M	$11.70M	-$34.54M	-$13.21M	$2.495M	-$7.882M	$9.973M
YoY Change	-48.94%	261.07%	-133.87%	161.41%	-629.65%	-131.65%	-179.03%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Interest Expense	-$2.489M	-$5.332M	-$3.338M	$1.207M	-$8.513M
YoY Change	-53.32%	59.74%	-376.55%	-114.18%
% of Operating Profit	-11.54%	-12.62%	-28.53%
Other Income/Expense, Net	-$456.0K	-$318.0K	-$358.0K	$7.674M	-$25.00K	$153.9K	-$65.77K	-$856.3K
YoY Change	43.4%	-11.17%	-104.67%	-30796.0%	-116.25%	-333.95%	-92.32%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Pretax Income	$11.50M	$35.54M	$7.438M	-$27.03M	-$22.18M	$2.649M	-$7.947M	$9.117M
YoY Change	-67.65%	377.83%	-127.51%	21.86%	-937.56%	-133.33%	-187.17%
Income Tax	$0.00	$0.00	-$13.00K	-$1.000K	$1.580M	$1.726M	-$1.559M	$2.007M
% Of Pretax Income	0.0%	0.0%	-0.17%			65.16%		22.01%
Net Earnings	$11.50M	$35.54M	$7.451M	-$27.03M	-$23.76M	$922.8K	-$6.388M	$7.110M
YoY Change	-67.65%	377.0%	-127.56%	13.76%	-2675.0%	-114.45%	-189.85%
Net Earnings / Revenue	10.59%	33.4%	12.23%	-138.62%	-61.91%	1.28%	-14.1%	10.01%
Basic Earnings Per Share
Diluted Earnings Per Share	$0.06	$0.22	$0.05	-$0.23	-$0.21	$0.01	-$0.06	$0.06

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Cash & Short-Term Investments	$96.61M	$19.01M	$2.308M	$63.64M	$1.243M	$397.0K	$803.4K	$807.00
YoY Change	408.14%	723.74%	-96.37%	5019.55%	213.1%	-50.58%	99453.41%
Cash & Equivalents	$96.61M	$19.01M	$2.308M	$63.64M	$1.243M	$397.0K	$803.4K	$807.00
Short-Term Investments
Other Short-Term Assets	$9.562M	$1.699M	$1.497M	$190.0K	$87.00K	$116.0K	$1.652M	$65.37K
YoY Change	462.8%	13.49%	687.89%	118.39%	-25.0%	-92.98%	2426.72%
Inventory	$1.836M	$549.0K	$440.0K	$312.0K	$261.0K	$842.0K	$651.5K	$730.6K
Prepaid Expenses
Receivables	$35.68M	$37.63M	$18.42M		$16.43M	$12.88M	$3.139M	$5.919M
Other Receivables	$3.762M	$612.0K	$1.949M		$0.00	$11.88M	$19.43M	$22.58M
Total Short-Term Assets	$147.5M	$59.51M	$24.62M	$83.54M	$18.02M	$26.11M	$25.67M	$29.30M
YoY Change	147.79%	141.72%	-70.53%	363.7%	-31.01%	1.72%	-12.38%
Property, Plant & Equipment	$1.087B	$606.5M	$399.6M	$253.1M	$92.94M	$108.5M	$50.71K	$64.56K
YoY Change	79.16%	51.79%	57.88%	172.28%	-14.36%	213915.54%	-21.46%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.220M	$238.0K	$195.0K	$203.0K	$210.0K	$206.0K	$272.8K	$79.36K
YoY Change	412.61%	22.05%	-3.94%	-3.33%	1.94%	-24.48%	243.73%
Other Assets	$338.0K	$3.376M
YoY Change	-89.99%
Total Long-Term Assets	$1.105B	$610.5M	$400.1M	$253.3M	$93.15M	$108.7M	$323.5K	$143.9K
YoY Change	81.01%	52.57%	57.99%	171.89%	-14.33%	33511.86%	124.77%
Total Assets	$1.253B	$670.0M	$424.8M	$336.8M	$111.2M	$134.8M	$26.00M	$29.44M
YoY Change
Accounts Payable	$32.64M	$8.822M	$9.703M	$7.262M	$3.226M	$1.795M	$937.1K	$193.4K
YoY Change	269.94%	-9.08%	33.61%	125.11%	79.72%	91.55%	384.49%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$1.400M	$1.051M	$28.90M	$9.918M	$15.52M	$14.46M
YoY Change	33.21%	-96.36%	191.36%	-36.09%	7.35%
Total Short-Term Liabilities	$53.62M	$11.80M	$53.86M	$25.63M	$31.23M	$22.94M	$8.857M	$3.420M
YoY Change	354.44%	-78.09%	110.1%	-17.91%	36.1%	159.03%	158.98%
Long-Term Debt	$205.2M	$114.2M	$44.69M	$64.37M	$87.95M	$101.2M	$0.00	$0.00
YoY Change	79.61%	155.63%	-30.59%	-26.81%	-13.07%
Other Long-Term Liabilities	$24.55M	$3.434M	$968.0K	$5.740M	$5.093M	$64.00K	$0.00	$2.496M
YoY Change	614.85%	254.75%	-83.14%	12.7%	7857.81%		-100.0%
Total Long-Term Liabilities	$229.7M	$117.7M	$45.65M	$70.11M	$93.04M	$101.2M	$0.00	$2.496M
YoY Change	95.23%	157.74%	-34.89%	-24.64%	-8.09%		-100.0%
Total Liabilities	$293.5M	$129.5M	$99.51M	$95.75M	$124.3M	$124.2M	$8.857M	$5.916M
YoY Change	126.72%	30.1%	3.93%	-22.95%	0.07%	1302.01%	49.72%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $23.409 Billion

About Cadeler A/S

Cadeler A/S engages in the supplier within the offshore wind industry for installation services and operations and maintenance works. The company employs 295 full-time employees The company went IPO on 2020-11-27. Cadeler’s experience as provider of offshore wind support services, combined with cutting-edge vessel design, positions the Company to deliver services to the industry. The company also delivers high-end offshore wind turbine installation vessels. The firm owns and operates two offshore jack-up windfarm installation vessels, Wind Orca and Wind Osprey. In addition to wind farm installation, these vessels can perform maintenance, construction, decommissioning, and other tasks within the offshore industry. Cadeler A/S has two subsidiaries: Wind Orca Ltd as well as Wind Osprey Ltd.

Industry: Deep Sea Foreign Transportation of Freight Peers: