DUG Technology Ltd (DUG) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

delayed start. Matt is working his way onto the call, but hasn't quite made it yet. So he's over in Houston at the moment. We've got our big image conference, our biggest conference for the year next week. So I'm going to get started while we wait for Matt to join. So we really wanted to open up, I guess, with the key themes, you know, key themes that we've seen this year and through the results. And we think one of the really important pieces and something we've obviously been talking to now since results last year is elastic multi-parameter full waveform inversion imaging, EMPFWI. And so what we've seen, and this will be something that Matt can give a lot more colour to when he joins later, but what we're seeing is just outstanding results. And we're seeing that now convert really strongly into wins. And we've got a really, a big backlog now with the eight pilot projects that we completed of really amazing results and examples from basins all around the world with our really key core customers. And so that technology now, every time we release a new algorithm, new piece of technology you know we've tested it to the nth degree but but when you get it into a production environment you really learn um you really learn you find the corner cases you know you find the areas where maybe it doesn't apply quite as well as you hoped it did just realized i've been looking down the whole time but i've got my camera up here um and so the pilot projects and and the production projects now that we're running with empfdi have been super positive because the results we're getting are blowing everyone away and we're now starting to see that come through awards um and uh you know moving on to the second point here you know we think the real standout result uh the standout point in th...