EMGS reports strong Q1 2025 results with increased revenues and improved EBITDA

From GlobeNewswire: 2025-05-13 14:00:00

Electromagnetic Geoservices ASA (EMGS) released its financial report for Q1 2025, showing revenues of USD 10.0 million, a significant increase from the previous year. Adjusted EBITDA also improved to USD 2.0 million. The company completed a proprietary acquisition in India and announced a new offshore subsea construction business platform. A pre-recorded presentation will be available on the company’s website. EMGS specializes in marine EM technology to help oil and gas companies with offshore hydrocarbon exploration, improving efficiency and reducing costs. They are also exploring opportunities in detecting marine mineral deposits.



Read more at GlobeNewswire: EMGS reports first quarter 2025 results