Enterprise ( (TSE:E) ) has issued an update.
Enterprise Group, Inc. announced its Q4 2024 and full-year results, revealing lower-than-expected activities in Q4 but a significant recovery as 2025 began. The company is strategically positioned for future growth, particularly with plans to expand into the mining sector. Notable achievements include a five-year exclusivity agreement with FlexEnergy Solutions and a $28 million capital raise to support growth initiatives. Despite a decrease in Q4 revenue compared to the previous year, the company is optimistic about the demand for natural gas power generation systems and favorable market conditions in 2025.
More about Enterprise
Enterprise Group, Inc. is a consolidator of energy services, providing specialized equipment and services to the energy/resource sector. The company focuses on technologies that mitigate, reduce, or eliminate CO2 and Green House Gas emissions, catering to both small local and Tier One resource clients.
YTD Price Performance: -10.34%
Average Trading Volume: 412,873
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$138.2M
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