Bullboard - Stock Discussion Forum Geodrill Limited T.GEO

Alternate Symbol(s): GEODF

Metals & Mining Industrial Metals & Minerals

Geodrill Limited is an Isle of Man-based exploration drilling company with a fleet of 76 drill rigs operating in Africa and South America. The Company operates in two continents and seven countries, namely Ghana, Burkina Faso, Cote d’Ivoire, Mali in West Arica; Egypt in North Africa; and Peru and Chile in South America. The Company provides Reverse Circulation, Diamond Core, Deep Directional... see more

TSX:GEO - Post Discussion

Geodrill Limited > GEO: Excellent results with continued growth in 2024

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Post by stockfy on May 13, 2024 8:21am

GEO: Excellent results with continued growth in 2024

GEO announced excellent results with strong profitability and bright outlook, so the growth and profitability will continue in the next quarters, which means that GEO's revenue will reach or even exceed $140 million this year with good margins.

Reminder. GEO's revenue in Q3 and Q4 were $30 million, check links below, so the sequential revenue growth and sequential adj. EBITDA growth compared to Q3 and Q4 2023 are evident.

Q3 2023:

https://www.newswire.ca/news-releases/geodrill-reports-third-quarter-2023-financial-results-815252390.html

Q4 2023:

https://www.newswire.ca/news-releases/geodrill-announces-2023-fourth-quarter-and-year-end-financial-results-829572005.html