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E2M:FRA
ElectroMagnetic GeoServices ASA
€0.0068
-2.86%
(-0.00020) 1D
Jun 3, 10:00:00 PM GMT+2  ·   EUR
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Generating top insights for E2M...
Open
€0.01
High
€0.01
Low
€0.01
Avg. vol.
825.00
Volume
0.00
52-wk high
€0.18
52-wk low
€0.00
No. of employees
20
Open
€0.01
High
€0.01
Low
€0.01
Avg. vol.
825.00
Volume
0.00
52-wk high
€0.18
52-wk low
€0.00
No. of employees
20
News stories
From sources across the web
Profile
Electromagnetic Geoservices ASA is a Norwegian geophysical services company using proprietary marine electromagnetic technology to support oil and gas companies in their search for offshore hydrocarbons. The administrative and research headquarters are located in Trondheim. The company was established on February 1, 2002 by the founders Terje Eidesmo, Ståle Johansen and Svein Ellingsrud. EMGS pioneered marine electromagnetic technology with the first successful application and commercialization of controlled source electro-magnetic surveying technology. Marine EM, or CSEM, is an emerging exploration method that uses electromagnetic energy to detect resistive bodies - including hydrocarbon reservoirs - beneath the seabed. The technique used by EMGS was trialled in 1998 using a towed, high-power EM source and a series of seabed receivers, while the founders were working for Statoil. The company acquires 3D electromagnetic and marine magnetotelluric data, which are used to assess formation resistivity before drilling, and interpret and integrate this information with other geodata to aid exploration decision making. Wikipedia
About ElectroMagnetic GeoServices ASA
CEOBjørn Petter Lindhom
Employees20
FoundedFeb 1, 2002
Headquarters-
SectorEnergy
Websiteemgs.com
Previous reportsAll values in USD
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Income statement
Revenue
Net income
All values in USD
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Revenue
10.01M
9.62M
66.00K
3.88M
Cost of goods sold
5.57M
4.72M
2.55M
3.27M
Cost of revenue
5.57M
4.72M
2.55M
3.27M
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
891.00K
683.00K
1.05M
589.00K
Operating expense
3.34M
3.50M
3.27M
3.88M
Total operating expenses
8.91M
8.22M
5.82M
7.15M
Operating income
1.10M
1.40M
-5.75M
-3.27M
Other non operating income
1.00K
-1.00K
1.00K
1.00K
EBT including unusual items
586.00K
629.00K
-6.43M
-7.77M
EBT excluding unusual items
586.00K
848.00K
-6.43M
-3.90M
Income tax expense
-
149.00K
53.00K
1.07M
Effective tax rate
-
23.69%
-0.82%
-13.76%
Other operating expenses
843.00K
1.37M
935.00K
1.10M
Net income
586.00K
480.00K
-6.48M
-8.84M
Net profit margin
5.85%
4.99%
-9,819.70%
-227.69%
Earnings per share
-
-
-
-
Interest and investment income
107.00K
107.00K
42.00K
61.00K
Interest expense
-733.00K
-747.00K
-607.00K
-585.00K
Net interest expenses
-626.00K
-640.00K
-565.00K
-524.00K
Depreciation and amortization charges
1.27M
1.13M
995.00K
743.00K
EBITDA
1.87M
2.36M
-5.02M
-739.00K
Gain or loss from assets sale
-
-
-
-
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