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Total Energy Services Inc. Announces Q1 2025 Results
CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Total Energy Services Inc. (“Total Ener...
About this update from Total Energy Services Inc.
[{"type":"text","content":"Total Energy Services Inc. Announces Q1 2025 Results\n\n\n\n CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Total Energy Services Inc. (“Total Energy” or the “Company”) (TSX:TOT) announces its consolidated financial results for the three months ended March 31, 2025.\n \n\n\n\n Financial Highlights\n \n\n\n ($000’s except per share data, unaudited)\n \n\n\n\n\n\n\n Three months ended\n \n\n\n March 31\n \n\n\n\n\n\n\n\n 2025\n \n\n\n 2024\n \n\n Change\n \n\n\n\n Revenue\n \n\n\n $\n \n\n\n\n 251,909\n \n\n\n\n\n $\n \n\n 204,686\n \n\n\n\n 23\n \n\n %\n \n\n\n\n Operating income\n \n\n\n\n\n 26,063\n \n\n\n\n\n\n\n 22,030\n \n\n\n\n 18\n \n\n %\n \n\n\n\n EBITDA\n \n (1)\n \n\n\n\n\n\n 50,488\n \n\n\n\n\n\n\n 43,290\n \n\n\n\n 17\n \n\n %\n \n\n\n\n Cashflow\n \n\n\n\n\n 44,934\n \n\n\n\n\n\n\n 32,837\n \n\n\n\n 37\n \n\n %\n \n\n\n\n Net income (loss)\n \n\n\n\n\n 18,952\n \n\n\n\n\n\n\n 15,463\n \n\n\n\n 23\n \n\n %\n \n\n\n\n Attributable to shareholders\n \n\n\n\n\n 18,966\n \n\n\n\n\n\n\n 15,482\n \n\n\n\n 23\n \n\n %\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Per Share Data (Diluted)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n EBITDA\n \n (1)\n \n\n\n\n $\n \n\n\n\n 1.31\n \n\n\n\n\n $\n \n\n 1.06\n \n\n\n\n 24\n \n\n %\n \n\n\n\n Cashflow\n \n\n\n $\n \n\n\n\n 1.16\n \n\n\n\n\n $\n \n\n 0.80\n \n\n\n\n 45\n \n\n %\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Attributable to shareholders:\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Net income (loss)\n \n\n\n $\n \n\n\n\n 0.49\n \n\n\n\n\n $\n \n\n 0.38\n \n\n\n\n 29\n \n\n %\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Common shares (000’s)\n \n\n (4)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Basic\n \n\n\n\n\n 38,041\n \n\n\n\n\n\n\n 39,971\n \n\n\n\n (5\n \n\n %)\n \n\n\n\n Diluted\n \n\n\n\n\n 38,685\n \n\n\n\n\n\n\n 40,796\n \n\n\n\n (5\n \n\n %)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n March 31\n \n\n\n December 31\n \n\n\n\n\n\n\n Financial Position at\n \n\n\n\n 2025\n \n\n\n 2024\n \n\n Change\n \n\n\n\n Total Assets\n \n\n\n $\n \n\n\n\n 999,571\n \n\n\n\n\n $\n \n\n 937,708\n \n\n\n\n 7\n \n\n %\n \n\n\n\n Long-Term Debt and Lease Liabilities (excluding current portion)\n \n\n\n 78,941\n \n\n\n\n\n\n\n 78,171\n \n\n\n\n -\n \n\n\n\n\n\n Working Capital\n \n (2)\n \n\n\n\n\n\n 83,552\n \n\n\n\n\n\n\n...