Geodrill's Q3 2025 call highlighted revenue growth and strategic expansions, particularly in South America, which are promising for long-term positioning. However, significant challenges, including a decline in gross profit margins, a net loss, and operational issues in new markets, present immediate financial hurdles.
Company Guidance
During Geodrill's Q3 2025 conference call, the company provided guidance reflecting both challenges and strategic advancements. Revenue increased by 14% year-over-year to $39 million, primarily due to expansion in South America, although this was offset by declines in West Africa and Egypt. The gross profit margin dropped to 6% from 24% in Q3 2024, with regional factors contributing to the decline: West Africa was impacted by wet season slowdowns and currency fluctuations, while South America faced costs from rapid rig expansion. Despite these challenges, Geodrill maintained a strong balance sheet with $129 million in shareholders' equity and net cash of $11.1 million, and they anticipate improvements in Q4 as operational issues stabilize, particularly in South America. The company remains focused on capturing value through disciplined growth and strategic positioning, with global rig utilization climbing and favorable commodity prices supporting future performance.
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.
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
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
Nov 13, 2025
C$3.66
C$3.76
+2.73%
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%
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 Limited Ord (TSE:GEO) report earnings?
Geodrill Limited Ord (TSE:GEO) is schdueled to report earning on Mar 09, 2026, Before Open (Confirmed).
What is Geodrill Limited Ord (TSE:GEO) earnings time?
Geodrill Limited Ord (TSE:GEO) earnings time is at Mar 09, 2026, 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.