Geodrill Ltd (FRA:7GD)
€ 1.55 +0.010 (+0.65%) Market Cap: 76.56 Mil Enterprise Value: 74.67 Mil PE Ratio: 0 PB Ratio: 0.76 GF Score: 81/100

Q1 2026 Geodrill Ltd Earnings Call Transcript

May 11, 2026 / 02:30 PM GMT
Release Date Price: €1.76 (-8.81%)

Key Points

Positve
  • Geodrill Ltd (GEODF) experienced continued strength in billing demand across core markets.
  • The company's fleet utilization was high, averaging 76% throughout the quarter.
  • Geodrill Ltd (GEODF) maintained strong customer relationships and long-standing contracts.
  • The company is advancing its expansion strategy in South America, particularly in Chile, which is expected to contribute to long-term diversification and earnings power.
  • Geodrill Ltd (GEODF) benefits from favorable gold and copper prices, supporting robust demand for drilling services.
Negative
  • The company faced margin compression due to higher labor and operating costs, currency movements, and ramp-up activities in Chile.
  • Revenue for the quarter decreased by approximately 1% compared to Q1 2025.
  • Gross margin dropped significantly from 28% in Q1 2025 to 15% in Q1 2026.
  • EBITDA margin decreased from 28% in Q1 2025 to 12% in Q1 2026.
  • The company reported a net loss of $116,000 for the quarter, compared to a net income of $5.6 million in Q1 2025.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

GEO.TO - Geodrill Ltd
Q1 2026 Geodrill Ltd Earnings Call
May 11, 2026 / 02:30PM GMT

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Presentation
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Unidentified_1 [1]
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Good morning, everyone, and welcome to GeoDrill's First Quarter 2026 Financial Results Conference Call. At this time, all participant remains are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. Instructions will be provided at that time for you to queue up for questions.

If anyone has difficulty hearing the conference, please press *0 for operator assistance at any time. I would like to remind everyone that this conference call is being recorded today, May 11th, 2026.

Before we begin, certain statements made on today's call by management may be forward-looking in nature and, as such, are subject to various risks and uncertainties. Please refer to the company's press release and MD
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