Electromagnetic Geoservices ASA reported a decrease in revenues for the fourth quarter of 2025, with revenues at USD 3.9 million, down from USD 9.7 million in the same period in 2024. Adjusted EBITDA was negative at USD 1.3 million, compared to USD 7.9 million in 2024. The company impaired USD 3.9 million in long-term assets and USD 2.7 million in inventory during the quarter. EMGS is exploring strategic alternatives, including potential asset sales or bond conversions. The company, a leader in marine EM technology, supports oil and gas companies in offshore hydrocarbon exploration.

Read more at GlobeNewswire: EMGS reports fourth quarter 2025 results