Stock Analysis
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Electromagnetic Geoservices Full Year 2023 Earnings: US$0.062 loss per share (vs US$0.085 profit in FY 2022)
Electromagnetic Geoservices (OB:EMGS) Full Year 2023 Results
Key Financial Results
- Revenue: US$7.99m (down 77% from FY 2022).
- Net loss: US$8.18m (down by 173% from US$11.2m profit in FY 2022).
- US$0.062 loss per share (down from US$0.085 profit in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Electromagnetic Geoservices' share price is broadly unchanged from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Electromagnetic Geoservices, and understanding it should be part of your investment process.
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About OB:EMGS
Electromagnetic Geoservices
Electromagnetic Geoservices ASA, together with its subsidiaries, provides electromagnetic (EM) surveying services to the offshore oil and gas exploration industry.
Mediocre balance sheet with weak fundamentals.