Geospace Technologies Corp (OQ:GEOS)

Business Focus: Oil Related Services and Equipment

Sector:  Energy Industry:  Oil Related Services and Equipment
 
See Regulatory Filings on SEC
Company Contact
Address: 7007 Pinemont Dr
HOUSTON TX 77040-6601
Tel: N/A
Website: https://www.geospace.com
IR: See website
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Key People
Walter R. Wheeler
President, Chief Executive Officer, Director
Robert L. Curda
Chief Financial Officer, Vice President
Robbin B. Adams
Senior Vice President, Chief Technology Officer
Business Overview
Geospace Technologies Corporation designs and manufactures seismic instruments and equipment. It operates through three segments: Oil and Gas Markets, Adjacent Markets and Emerging Markets. The Oil and Gas Markets segment products include wireless seismic data acquisition systems, reservoir characterization products and services, and traditional seismic exploration products, such as geophones, hydrophones, leader wire, connectors, cables, marine streamer retrieval and steering devices and various other seismic products. Adjacent Markets segment products include imaging equipment, water meter products, remote shut-off valves and IoT platform, as well as seismic sensors used for vibration monitoring and geotechnical applications, such as mine safety applications and earthquake detection. The Emerging Markets segment designs and markets seismic products targeted at the border and perimeter security markets. Its seismic products are marketed to the oil and gas industry, and others.
Financial Overview
For the three months ended 31 December 2023, Geospace Technologies Corp revenues increased 61% to $50M. Net income totaled $12.7M vs. loss of $97K. Revenues reflect Oil and Gas Markets segment increase of 67% to $33.7M, Emerging Markets segment increase from $93K to $234K, Corporate segment increase of 61% to $74K, Asia segment increase from $6.5M to $32.2M, Canada segment increase of 61% to $1.2M.
Employees: 681 as of Sep 30, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $141.89M as of Dec 31, 2023
Annual revenue (TTM): $143.43M as of Dec 31, 2023
EBITDA (TTM): $39.20M as of Dec 31, 2023
Net annual income (TTM): $24.98M as of Dec 31, 2023
Free cash flow (TTM): $6.28M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 13,317,090 as of Jan 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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