First quarter 2025 results

First quarter 2025 results

Asker, 15.05.2025 Revenue for Q1 amounted to USD 11.5 million, marking an increase of 21% year-over-year (YoY). EBITDA amounted to USD -0.2 million, alongside an EBIT of USD -2.0 million. Net loss for the quarter was USD 4.2 million. Key Q1 2025 highlights include:All...
First quarter 2025 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....
Argeo LISTEN- Electromagnetic Subsea Cathodic Protection Measurement

Argeo LISTEN- Electromagnetic Subsea Cathodic Protection Measurement

Autonomous Underwater Vehicles (AUV’s) have been introduced as efficient tools for subsea pipeline inspections. It has also been demonstrated that AUVs can be used to perform contactless and continuous electric field measurements of the Cathodic Protection (CP)...