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Deep Down Inc (DPDW)

Deep Down Inc (DPDW)
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Deep Down, Inc. provides products and services to the offshore energy industry to support deepwater exploration, development, and production of oil and gas, and other maritime operations worldwide. Deep Down's proven services and technological solutions include distribution system installation support and engineering services, umbilical terminations, loose-tube steel flying leads, distributed and drill riser buoyancy, ROVs and tooling, marine vessel automation, control, and ballast systems. Deep Down supports subsea engineering, installation, commissioning, and maintenance projects through specialized, highly experienced service teams and engineered technological solutions. The company's primary focus is on more complex deepwater and ultra-deepwater oil production distribution system support services and technologies, used between the platform and the wellhead. Deep Down provides these services through its four subsidiaries.
(Values in U.S. Thousands) Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017
Sales 17,230 12,980 18,920 16,180 19,480
Sales Growth +32.74% -31.40% +16.93% -16.94% -23.25%
Net Income 2,330 -6,060 -2,770 -4,740 -110
Net Income Growth +138.45% -118.77% +41.56% -4,209.13% -168.75%
(Values in U.S. Thousands) Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017
Total Assets 14,730 14,940 21,550 20,120 23,970
Total Assets Growth -1.41% -30.67% +7.11% -16.06% -15.69%
Total Liabilities 4,450 7,040 7,190 3,010 2,120
Total Liabilities Growth -36.79% -2.09% +138.87% +41.98% -58.67%
(Values in U.S. Thousands) Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017
Operating Cash Flow -1,070 -210 240 -1,550 -760
Operating Cash Flow Growth -409.53% -187.50% +115.48% -103.95% -113.55%
Net Cash Flow -70 220 1,510 -1,920 -4,260
Change in Net Cash Flow -131.82% -85.43% +178.65% +54.93% -154.41%
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