Argeo selected for AUV work in the Americas for an undisclosed customer, awaiting final confirmation

Nov 10, 2021 | News, Uncategorized

Asker, 10.11.2021:
Argeo AS will start preparation in November for work on a customer project in the Americas scheduled to commence in December 2021. The project is expected to extend well into Q1-2022 with possibility for extension.

More information will be provided to the market in a separate notice as the project matures and in our Q4 report. Project extensions will be reported separately.

Fourth-quarter and unaudited full-year 2024 results

Fourth-quarter and unaudited full-year 2024 results

Revenue for Q4 amounted to USD 5.4 million, marking an increase of 440% year-over-year (YoY). EBITDA amounted to USD -5.7 million, alongside an EBIT of USD -7.9 million. Net profit for the quarter was USD -8.5 million, improving from USD -9.4 million in Q4 2023....