EMGS reports fourth quarter 2023 results
2024年2月15日 - 4:00AM
RNSを含む英国規制内ニュース (英語)
EMGS reports fourth quarter 2023 results
Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”)
financial report and market presentation for the fourth quarter of
2023 are attached.
Highlights:
* The Company recorded revenues of USD 1.1 million, down from
USD 15.2 million in the fourth quarter of 2022 and down from USD
1.6 million in the third quarter of 2023.
* Adjusted EBITDA (including capitalised multi-client expenses and
vessel and office lease expenses) of negative USD 1.7 million, down
from USD 8.2 million in the fourth quarter of 2022.
* Free cash decreased with USD 1.3 million during the quarter, to
USD 10.3 million.
* The Atlantic Guardian is currently in warm-stack in
Norway.
A pre-recorded presentation will be available over the internet
from 20:00 (local time Norway) today. To access the presentation,
please go to the Company’s homepage (www.emgs.com) and follow the
link.
Contact
Anders Eimstad, Chief Financial Officer, +47
94 82 58 36
About EMGS
EMGS, the marine EM market leader,
uses its proprietary electromagnetic (EM) technology to support oil
and gas companies in their search for offshore hydrocarbons. EMGS
supports each stage in the workflow, from survey design and data
acquisition to processing and interpretation. The Company's
services enable the integration of EM data with seismic and other
geophysical and geological information to give explorationists a
clearer and more complete understanding of the subsurface. This
improves exploration efficiency and reduces risks and the finding
costs per barrel. CSEM technology can also be used to detect the
presence of marine mineral deposits (primarily Seabed Massive
Sulphides) and EMGS believes that the technology can also be used
to estimate the mineral content of such deposits. The Company is
undertaking early-stage initiatives to position itself in this
future market.
This information is subject of the disclosure requirements pursuant
to section 5-12 of the Norwegian Securities Trading Act.
- EMGS Q4 2023 Report
- EMGS Q4 2023 presentation
Electromagnetic Geoservi... (LSE:0J5B)
過去 株価チャート
から 11 2024 まで 12 2024
Electromagnetic Geoservi... (LSE:0J5B)
過去 株価チャート
から 12 2023 まで 12 2024