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.
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