Enteq Upstream says ‘team has done a great job staying safe and operational

Enteq Upstream () Andrew Law talks to Proactive London’s Katie Pilbeam about their trading results for the year ended 31 March 2021 which are expected to be in-line expectations.

Revenues are set to be in the region of $5m with a breakeven adjusted EBITDA despite a ‘very challenging year’.

Law says the ‘team has done a great job staying safe and operational throughout’.

The cash balance was $8.1m ($10.2m as of 31 March 2020; $8.8m as of 30 September 2020) reflecting planned on-going investment during the year including the rental fleet, engineering projects and product development.