AKITA Drilling First Quarter 2025 Earnings: EPS: CA$0.22 (vs CA$0.066 in 1Q 2024)

Simply Wall St

May 08, 2025

AKITA Drilling (TSE:AKT.A) First Quarter 2025 Results

Key Financial Results

Revenue: CA$65.1m (up 41% from 1Q 2024).
Net income: CA$8.63m (up 229% from 1Q 2024).
Profit margin: 13% (up from 5.7% in 1Q 2024). The increase in margin was driven by higher revenue.
EPS: CA$0.22 (up from CA$0.066 in 1Q 2024).

Our free stock report includes 1 warning sign investors should be aware of before investing in AKITA Drilling. Read for free now.

earnings-and-revenue-history — TSX:AKT.A Earnings and Revenue History May 8th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

AKITA Drilling Earnings Insights

Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Energy Services industry in Canada.

Performance of the Canadian Energy Services industry.

The company's shares are up 6.1% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for AKITA Drilling that we have uncovered.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.