Geodrill Limited

Toronto Stock Exchange GEO.TO

Geodrill Limited Gross Profit for the year ending December 31, 2023: USD 30.59 M

Geodrill Limited Gross Profit is USD 30.59 M for the year ending December 31, 2023, a -24.62% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.

Geodrill Limited Gross Profit for the year ending December 31, 2022 was USD 40.58 M, a 34.82% change year over year.
Geodrill Limited Gross Profit for the year ending December 31, 2021 was USD 30.10 M, a 43.92% change year over year.
Geodrill Limited Gross Profit for the year ending December 31, 2020 was USD 20.91 M, a -5.74% change year over year.
Geodrill Limited Gross Profit for the year ending December 31, 2019 was USD 22.19 M, a -42.56% change year over year.

Key data

Date	Gross Profit	Operating Income	EBIT	EBITDA

Toronto Stock Exchange: GEO.TO

Geodrill Limited

CEO	Mr. David Michael Harper FAIA, LEEDAP
IPO Date	Dec. 21, 2010
Location	Isle of Man
Headquarters	Ragnall House
Employees	52
Sector	Energy
Industries Drilling Mining Offshore Drilling

Description

Geodrill Limited, together with its subsidiaries, provides mineral exploration drilling services to mining companies in West Africa, Zambia, and Peru. It offers reverse circulation, core, air-core, deep directional, reverse circulation grade control, water borehole, underground, mine blast hole, and horizontal drilling services. The company operates a fleet of multi-purpose, core, air-core, grade control, and underground drill rigs; boosters and auxiliary compressors; and various support vehicles, such as pick-up, MAN, and other trucks, as well as purpose-built crawler-mounted support vehicles and bell tractors. As of December 31, 2021, it operated a fleet of 71 drill rigs. Geodrill Limited was incorporated in 1998 and is headquartered in Douglas, Isle of Man.

Key trends

Past 5 years