The earnings call highlighted significant financial achievements with record-breaking revenue and EBITDA, successful strategic expansion, and strong market conditions. However, challenges such as decreased gross profit margins and currency impacts on salaries were noted, alongside variability in rig utilization and deployment costs. Despite these challenges, the positive aspects of growth and operational success were more pronounced.

Company Guidance

During Geodrill's Q2 2025 financial results conference call, the company reported record-breaking performance metrics. Revenue for the quarter reached $50.4 million, marking a 22% increase from Q2 2024, and EBITDA rose to $13.9 million, a 31% increase compared to the previous year. The gross profit was $11.9 million, constituting 24% of revenue, while net income improved to $5.3 million or $0.11 per share. Geodrill's total shareholder equity surpassed $130 million for the first time, and the rig fleet expanded to 99 rigs. The company maintained a utilization rate of 72% and plans to reach 100 rigs by the end of the year. The strategic expansion into South America and strong commodity prices, particularly gold and copper, contributed to the robust demand for Geodrill's services. Despite some challenges, such as increased salaries and currency fluctuations, the company remains optimistic about its future growth and industry outlook.

Record Revenue and EBITDA

The company posted record revenue of $50.4 million for Q2 2025, marking a 22% increase from Q2 2024. Record EBITDA was also achieved at $13.9 million, representing a 31% increase compared to Q2 2024.

Strong Shareholder Equity

Total shareholder equity surpassed $130 million for the first time.

Strategic Expansion Success

The expansion into South America has been particularly rewarding, with additional rigs being deployed to Chile, increasing the total fleet there to 17 drills.

Diversified Client Portfolio

The company has expanded its client portfolio to include well-capitalized top-tier mining firms in stable jurisdictions, enhancing operational resilience and reducing risk.

Stable Operations and Market Conditions

Operations remain unaffected by tariffs, and the strong prices of gold and copper continue to support demand for drilling services.

Geodrill (TSE:GEO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:GEO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 17, 2025	2025 (Q3)	0.03 / -	0.083	―	―	―
Aug 11, 2025	2025 (Q2)	0.11 / 0.15	0.138	10.00% (+0.01)	―	―
May 12, 2025	2025 (Q1)	0.07 / 0.17	0.055	200.00% (+0.11)	―	―
Mar 03, 2025	2024 (Q4)	0.06 / -0.01	-0.041	66.67% (+0.03)	―	―
Nov 11, 2024	2024 (Q3)	0.06 / 0.08	-0.083	200.00% (+0.17)	―	―
Aug 12, 2024	2024 (Q2)	- / 0.14	0.055	150.00% (+0.08)	―	―
May 13, 2024	2024 (Q1)	0.06 / 0.06	0.179	-69.23% (-0.12)	―	―
Mar 04, 2024	2023 (Q4)	-0.08 / -0.04	0.097	-142.86% (-0.14)	―	―
Nov 13, 2023	2023 (Q3)	-0.04 / -0.08	0.11	-175.00% (-0.19)	―	―
Aug 08, 2023	2023 (Q2)	0.18 / 0.06	0.179	-69.23% (-0.12)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:GEO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 11, 2025	C$3.94	C$3.63	-7.87%
May 12, 2025	C$3.20	C$3.30	+3.12%
Mar 03, 2025	C$3.10	C$3.09	-0.32%
Nov 11, 2024	C$2.88	C$2.87	-0.35%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Geodrill (TSE:GEO) report earnings?

Geodrill (TSE:GEO) is schdueled to report earning on Nov 17, 2025, Before Open (Confirmed).

What is Geodrill (TSE:GEO) earnings time?

Geodrill (TSE:GEO) earnings time is at Nov 17, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:GEO EPS forecast?

TSE:GEO EPS forecast for the fiscal quarter 2025 (Q3) is 0.03.

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