Investor news
Q1 Earnings Release (2009-05-29T12:57:56 CET)2008/09 Summary
|
|
Q1 2009 |
Q4 2008 |
|
Revenue |
US $ 13.59m |
US $ 13.5m |
|
EBITDA |
US $ 2.31m |
US $ 2.27m |
|
Cash Balance |
US $ 6.56m |
US $ 4.6m |
* Offshore acquisition revenue of $ 6.1m
* GGS Atlantic on contract to GXT and RIL (GGS)
* Strong sales of Eastern Mediterranean Multi Client data
* Multi Client Divisional revenue falls to $ 3.51m due to poor GoM lease sale
* On Board processing contributes to total Date Processing revenue up to $ 4.08m
* Positive cash inflow from Q1 sales activity
For further information please contact David Rowlands, CEO or Rhys Edwards, CFO on +44 (0) 1483 730201.
Q1 09 Earnings Release pdf

