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Stocks in play: Geodrill Limited
Reported its financial results for the three-month period ended September 30, 2024. All figures are reported in U.S. dollars. In the quarter, the company generated revenue of $34.1M, being a 13% increase compared to $30.3M for Q3-2023; Delivered EBITDA of $7.6M or 22% of revenue compared to $0.6M or 2% of revenue in Q3-2023; Achieved net income of $2.6M or $0.06 per Ordinary Share, compared to a net loss of $(3.0)M or $(0.06) per Ordinary Share in Q3-2023; and Ended the quarter with net cash (excluding right of use liabilities) of $3.5M. Geodrill Limited shares T.GEO are trading up $0.02 at $2.90.
