HomeE2M • FRA
ElectroMagnetic GeoServices ASA
€0.17
Apr 18, 11:00:26 PM GMT+2 · EUR · FRA · Disclaimer
StockDE listed security
Previous close
€0.18
Day range
€0.17 - €0.18
Year range
€0.13 - €0.28
Avg Volume
3.00
P/E ratio
-
Dividend yield
-
Market news
Financials
Income Statement
Revenue
Net income
(USD)Dec 2023Y/Y change
Revenue
1.15M-92.44%
Operating expense
3.69M-36.76%
Net income
-3.67M-152.99%
Net profit margin
-319.67-801.34%
Earnings per share
EBITDA
-1.45M-117.01%
Effective tax rate
0.65%
Total assets
Total liabilities
(USD)Dec 2023Y/Y change
Cash and short-term investments
10.26M-10.31%
Total assets
27.77M-34.94%
Total liabilities
27.17M-20.10%
Total equity
601.00K
Shares outstanding
130.97M
Price to book
Return on assets
-25.25%
Return on capital
-30.47%
Net change in cash
(USD)Dec 2023Y/Y change
Net income
-3.67M-152.99%
Cash from operations
404.00K-94.55%
Cash from investing
-350.00K-257.14%
Cash from financing
-1.34M81.63%
Net change in cash
-1.28M-2,470.37%
Free cash flow
720.62K-90.73%
About
Electromagnetic Geoservices ASA is a Norwegian geophysical services company using proprietary marine electromagnetic technology to support oil and gas companies in their search for offshore hydrocarbons. The administrative and research headquarters are located in Trondheim. The company was established on February 1, 2002 by the founders Terje Eidesmo, Ståle Johansen and Svein Ellingsrud. EMGS pioneered marine electromagnetic technology with the first successful application and commercialization of controlled source electro-magnetic surveying technology. Marine EM, or CSEM, is an emerging exploration method that uses electromagnetic energy to detect resistive bodies - including hydrocarbon reservoirs - beneath the seabed. The technique used by EMGS was trialled in 1998 using a towed, high-power EM source and a series of seabed receivers, while the founders were working for Statoil. The company acquires 3D electromagnetic and marine magnetotelluric data, which are used to assess formation resistivity before drilling, and interpret and integrate this information with other geodata to aid exploration decision making. Wikipedia
Founded
Feb 1, 2002
Website
Employees
20
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