Overview

* Koil Energy Q3 revenue grows 22% yr/yr to $6.4 mln

* Adjusted EBITDA margin at -3% due to receivable write-off

* Company expands into renewables, secures first contracts in Brazil

Outlook

* Company remains confident in delivering long-term growth strategy

* Koil Energy sees potential profit upside from receivable collection

* Company is increasing project contingencies to manage cost volatility

Result Drivers

* SERVICE REVENUE GROWTH - Service revenue increased by 33% driven by strong order intake

* RENEWABLES EXPANSION - Successful entry into renewables with subsea power cable project

* BRAZIL CONTRACTS - First contracts in Brazil secured, including maintenance and rental agreements

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $6.37

Revenue mln

Q3 Net -$413,00

Income 0

Q3 Basic -$0.03

EPS

Q3 -$462,00

Operatin 0

g Income

Q3 -$405,00

Pretax 0

Profit

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)