Kuala lumpur: OMS Energy Technologies Inc (OMS) has posted a blockbuster fiscal year 2025 (FY2025), marking its first full-year earnings since going public with US$203.6 million in revenue and US$47 million in net profit. (US$1=RM4.21)

According to BERNAMA News Agency, the manufacturer of surface wellhead systems and oil country tubular goods reported a 33.9 per cent gross margin, up from 29.9 per cent in the prior period. This increase was largely driven by strong demand for its specialty connectors and pipes business.

Operating profit climbed to US$59.9 million, more than doubling from US$40.2 million in the previous reporting period. In a statement, OMS Chairman and Chief Executive Officer, How Meng Hock, referred to the results as a ‘proud moment,’ emphasizing post-initial public offering (IPO) customer wins and a strategy centered on long-term innovation and growth.

Meanwhile, its Chief Financial Officer, Kevin Yeo, attributed the improved financial performance to cost discipline and economies of scale. Yeo noted that although net profit declined from last year’s US$82.1 million, the prior figure included a one-time US$49.4 million gain related to a management buyout. Excluding that, OMS demonstrated strong underlying profit growth.

Net cash from operations totaled US$40.5 million, while total cash and equivalents rose to US$75.8 million, up from US$45.4 million a year earlier. OMS enters fiscal 2026 with solid fundamentals, expanded market reach, and momentum to scale its engineering and high-margin services in key global energy markets.