Revenue Growth
Despite challenges, Geodrill delivered revenue of $39 million in Q3 2025, marking an increase of $4.9 million or 14% compared to Q3 2024, primarily driven by expansion in South America.
Strategic Expansion
The company doubled its rig count in South America, supporting major multiphase drilling contracts, which positions Geodrill for long-term value in a growing market.
Safety Milestone
Achieved 7.8 million man hours LTI (Lost Time Injury) free, reflecting strong operational discipline and safety standards.
Active Bidding Pipeline
Geodrill's bidding pipeline is highly active, indicating potential for future contract wins and revenue growth.