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Side-by-side financial comparison of CMB.TECH NV (CMBT) and OceanPal Inc. (SVRN). Click either name above to swap in a different company.

CMB.TECH NV is the larger business by last-quarter revenue ($592.8M vs $13.3M, roughly 44.6× OceanPal Inc.). CMB.TECH NV runs the higher net margin — 32.3% vs -62.9%, a 95.2% gap on every dollar of revenue.

CMB.TECH, before October 2024 known as Euronav, is a crude oil tanker transport company, which consists of VLCCs, Suezmaxes and FSOs.

Ocean Software Limited was a British software development company that became one of the biggest European video game developers and publishers of the 1980s and 1990s.

CMBT vs SVRN — Head-to-Head

Bigger by revenue
CMBT
CMBT
44.6× larger
CMBT
$592.8M
$13.3M
SVRN
Higher net margin
CMBT
CMBT
95.2% more per $
CMBT
32.3%
-62.9%
SVRN

Income Statement — Q4 2024 vs Q4 2024

Metric
CMBT
CMBT
SVRN
SVRN
Revenue
$592.8M
$13.3M
Net Profit
$191.2M
$-8.4M
Gross Margin
Operating Margin
46.4%
-62.3%
Net Margin
32.3%
-62.9%
Revenue YoY
-34.6%
Net Profit YoY
-63.3%
EPS (diluted)
$1.01
$32.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CMBT
CMBT
SVRN
SVRN
Q4 24
$592.8M
$13.3M
Q4 23
$905.9M
Net Profit
CMBT
CMBT
SVRN
SVRN
Q4 24
$191.2M
$-8.4M
Q4 23
$521.2M
Operating Margin
CMBT
CMBT
SVRN
SVRN
Q4 24
46.4%
-62.3%
Q4 23
63.4%
Net Margin
CMBT
CMBT
SVRN
SVRN
Q4 24
32.3%
-62.9%
Q4 23
57.5%
EPS (diluted)
CMBT
CMBT
SVRN
SVRN
Q4 24
$1.01
$32.11
Q4 23
$2.58

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CMBT
CMBT
SVRN
SVRN
Cash + ST InvestmentsLiquidity on hand
$38.9M
$7.2M
Total DebtLower is stronger
$2.6B
Stockholders' EquityBook value
$1.2B
$84.4M
Total Assets
$3.9B
$89.5M
Debt / EquityLower = less leverage
2.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMBT
CMBT
SVRN
SVRN
Q4 24
$38.9M
$7.2M
Q4 23
$429.4M
Total Debt
CMBT
CMBT
SVRN
SVRN
Q4 24
$2.6B
Q4 23
$930.7M
Stockholders' Equity
CMBT
CMBT
SVRN
SVRN
Q4 24
$1.2B
$84.4M
Q4 23
$2.4B
Total Assets
CMBT
CMBT
SVRN
SVRN
Q4 24
$3.9B
$89.5M
Q4 23
$3.4B
Debt / Equity
CMBT
CMBT
SVRN
SVRN
Q4 24
2.20×
Q4 23
0.39×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CMBT
CMBT
SVRN
SVRN
Operating Cash FlowLast quarter
$204.4M
$-3.5M
Free Cash FlowOCF − Capex
$-22.4M
FCF MarginFCF / Revenue
-169.0%
Capex IntensityCapex / Revenue
142.4%
Cash ConversionOCF / Net Profit
1.07×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBT
CMBT
SVRN
SVRN
Q4 24
$204.4M
$-3.5M
Q4 23
$435.8M
Free Cash Flow
CMBT
CMBT
SVRN
SVRN
Q4 24
$-22.4M
Q4 23
$65.6M
FCF Margin
CMBT
CMBT
SVRN
SVRN
Q4 24
-169.0%
Q4 23
7.2%
Capex Intensity
CMBT
CMBT
SVRN
SVRN
Q4 24
142.4%
Q4 23
40.9%
Cash Conversion
CMBT
CMBT
SVRN
SVRN
Q4 24
1.07×
Q4 23
0.84×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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