MedservRegis Plc
ISIN: MT0000310103 | Ticker: MDS | LEI: 2138003WBERIMWQVKZ64
Country: Malta
A regional leader in offshore logistics services for Oil and Gas, the Group is present in 12 countries across 4 continents. With over 45 years of experience in the oil and gas industry we pride ourselves on the quality of our services and operate to strict quality and health and safety standards. We provide services to some of the largest leading oil and gas companies and National and International Oil Corporations.
The Group's operations date back to 1974 when Medserv began operations in Malta. In 2016 Medserv aquired Middle Eastern Tubular Goods (METS), a specialist in OCTG, and in 2021 MedservRegis was incorporated following the completion of the transaction between Medserv and Regis Holdings.
Through our positions in key markets, our extensive industry knowledge coupled with our specialist business acumen in Africa, Mediterranean and Middle East, MedservRegis is able to provide our clients with concrete solutions to support their operations.
1974
Served areaWorldwide
HeadquartersMalta Freeport Port of Marsaxlokk, BBG 3011 Birzebbugia – Malta
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 |
|---|---|---|---|
| Assets | N/A | 44,937,021.00 | 150,786,139.00 |
| Noncurrent Assets | N/A | 22,138,665.00 | 115,328,224.00 |
| Property Plant And Equipment | N/A | 10,949,678.00 | 36,051,726.00 |
| Investment Property | N/A | 619,043.00 | 0.00 |
| Investment Accounted For Using Equity Method | N/A | 564,594.00 | 0.00 |
| Noncurrent Receivables Due From Related Parties | N/A | 0.00 | 4,147,488.00 |
| Current Assets | N/A | 22,798,356.00 | 35,457,915.00 |
| Inventories | N/A | 816,039.00 | 1,066,568.00 |
| Trade And Other Current Receivables | N/A | 10,299,720.00 | 21,881,604.00 |
| Current Tax Assets Current | N/A | 0.00 | 306,243.00 |
| Cash and cash equivalents | 8,491,312.00 | 8,637,631.00 | 11,984,028.00 |
| Equity And Liabilities | N/A | 44,937,021.00 | 150,786,139.00 |
| Equity | 51,652,030.00 | 41,959,538.00 | 62,818,484.00 |
| Issued Capital | N/A | 5,374,441.00 | 10,163,764.00 |
| Retained Earnings | N/A | 39,319,970.00 | 23,150,848.00 |
| Share Premium | N/A | 0.00 | 27,778,073.00 |
| Equity Attributable To Owners Of Parent | N/A | 41,959,538.00 | 60,029,568.00 |
| Noncontrolling Interests | N/A | 0.00 | 2,788,916.00 |
| Liabilities | N/A | 2,977,483.00 | 87,967,655.00 |
| Noncurrent Liabilities | N/A | 1,472,266.00 | 72,939,653.00 |
| Noncurrent Provisions For Employee Benefits | N/A | 45,294.00 | 1,427,395.00 |
| Noncurrent Payables | N/A | 0.00 | 71,482.00 |
| Deferred Tax Liabilities | N/A | 0.00 | 5,317,833.00 |
| Longterm Borrowings | N/A | 1,426,972.00 | 53,402,760.00 |
| Current Liabilities | N/A | 1,505,217.00 | 15,028,002.00 |
| Current Provisions For Employee Benefits | N/A | 0.00 | 64,502.00 |
| Trade And Other Current Payables | N/A | 1,249,827.00 | 8,626,734.00 |
| Current Tax Liabilities Current | N/A | 46,041.00 | 6,694.00 |
| Current Borrowings And Current Portion Of Noncurrent Borrowings | N/A | 0.00 | 1,537,711.00 |
| Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
|---|---|---|
| Revenue | 11,286,556.00 | 29,924,554.00 |
| Other Income | 586,431.00 | 2,286,320.00 |
| Profit Loss From Operating Activities | -9,121,827.00 | -7,426,064.00 |
| Finance Income | 5,077.00 | 2,426,341.00 |
| Finance Costs | 2,906,687.00 | 2,390,076.00 |
| Impairment Loss Impairment Gain And Reversal Of Impairment Loss Determined In Accordance With I F R S9 | 2,103,562.00 | 440,368.00 |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | 501,023.00 | 29,101.00 |
| Profit Loss Before Tax | -11,522,414.00 | -7,360,698.00 |
| Income Tax Expense Continuing Operations | 734,414.00 | -57,562.00 |
| Profit Loss From Continuing Operations | -12,256,828.00 | -7,303,136.00 |
| Profit Loss From Discontinued Operations | -419,568.00 | 100,469.00 |
| Profit (loss) | -12,676,396.00 | -7,202,667.00 |
| Profit Loss Attributable To Owners Of Parent | -12,676,396.00 | -7,512,179.00 |
| Profit Loss Attributable To Noncontrolling Interests | 0.00 | 309,512.00 |
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 |
|---|---|---|---|
| Profit (loss) | N/A | -12,676,396.00 | -7,202,667.00 |
| Adjustments For Reconcile Profit Loss | N/A | -1,530,006.00 | 4,659,450.00 |
| Adjustments For Income Tax Expense | N/A | 749,951.00 | -57,562.00 |
| Adjustments For Finance Costs | N/A | 2,901,610.00 | -36,265.00 |
| Adjustments For Decrease Increase In Inventories | N/A | 131,084.00 | 481,742.00 |
| Adjustments For Decrease Increase In Other Operating Receivables | N/A | 0.00 | -154,262.00 |
| Adjustments For Increase Decrease In Trade Account Payable | N/A | -444,216.00 | 177,679.00 |
| Adjustments For Increase Decrease In Other Operating Payables | N/A | 0.00 | 2,429,362.00 |
| Adjustments For Provisions | N/A | 0.00 | 407,378.00 |
| Adjustments For Unrealised Foreign Exchange Losses Gains | N/A | 905,474.00 | -1,519,373.00 |
| Adjustments For Undistributed Profits Of Associates | N/A | 501,023.00 | 29,101.00 |
| Adjustments For Losses Gains On Disposal Of Noncurrent Assets | N/A | -16,971.00 | 388,933.00 |
| Adjustments For Reconcile Profit Loss | N/A | -1,530,006.00 | 4,659,450.00 |
| Cash Flows From Used In Operations | N/A | 6,889,457.00 | 6,772,567.00 |
| Interest Paid Classified As Operating Activities | N/A | 40,762.00 | 44,529.00 |
| Interest Received Classified As Operating Activities | N/A | 0.00 | 56,334.00 |
| Income Taxes Paid Refund Classified As Operating Activities | N/A | 378,415.00 | 204,720.00 |
| Cash Flows From Used In Operating Activities | N/A | 6,470,280.00 | 6,579,652.00 |
| Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 0.00 | -2,737,031.00 |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 0.00 | -2,651,632.00 |
| Other Cash Payments To Acquire Equity Or Debt Instruments Of Other Entities Classified As Investing Activities | N/A | 1,845,716.00 | 0.00 |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | N/A | 35,394.00 | 169,620.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 3,148,297.00 | 1,977,229.00 |
| Interest Received Classified As Investing Activities | N/A | 5,077.00 | 0.00 |
| Cash Flows From Used In Investing Activities | N/A | -5,362,403.00 | -1,893,008.00 |
| Repayments Of Borrowings Classified As Financing Activities | N/A | 0.00 | 1,857,973.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 0.00 | 1,099,146.00 |
| Dividends Paid Classified As Financing Activities | N/A | 0.00 | 3,088,654.00 |
| Cash Flows From Used In Financing Activities | N/A | -7,294.00 | -5,290,404.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | -954,264.00 | 1,153,055.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 146,319.00 | 469,493.00 |
| Cash and cash equivalents | 8,491,312.00 | 8,637,631.00 | 11,984,028.00 |
Please note that some sums might not add up.
MT0000310103
LEI2138003WBERIMWQVKZ64
SectorOil & Gas Equipment & Services
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