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An update from ElectroMagnetic GeoServices ASA ( (DE:E2M) ) is now available.
Electromagnetic Geoservices ASA reported a significant drop in revenue for the third quarter of 2025, with no vessels under charter and a lack of acquisition backlog, raising concerns about its financial stability. The company may need additional financing to continue operations, which could dilute existing shareholder equity.
More about ElectroMagnetic GeoServices ASA
EMGS, a leader in the marine electromagnetic (EM) market, provides technology to assist oil and gas companies in offshore hydrocarbon exploration. Their services enhance exploration efficiency by integrating EM data with seismic and other geological information, and they are exploring the use of their technology for marine mineral detection.
Average Trading Volume: 151,030
Current Market Cap: NOK142.1M
For detailed information about E2M stock, go to TipRanks’ Stock Analysis page.