EMGS reports second quarter 2025 results

Electromagnetic Geoservices ASA's ("EMGS" or the "Company") financial report and market presentation for the second quarter of 2025 are attached.

Summary:

* The Company recorded revenues of USD 9.6 million, down from USD 13.8 million in the second quarter of 2024 and down from USD 10.0 million in the first quarter of 2025. * Adjusted EBITDA (including capitalised multi-client expenses and vessel and office lease expenses) of USD 2.1 million, down from USD 7.0 million in the second quarter of 2024.* Free cash decreased with USD 2.5 million during the quarter, to USD 3.5 million.

* During the quarter, the Atlantic Guardian completed the second of two proprietary ...