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Orbit Garant Drilling Inc.

OGD.TO•TSX
Basic Materials
Industrial Materials
CA$1.55
CA$0.07(4.73%)
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Financial performance has remained strong, with revenue growing from $48.21M in Q3 2023 to $43.42M in Q2 2024. Gross profit continued to perform well, with margins at 16% in the latest quarter. Operating income reached $2.75M in Q2 2024, holding a steady 6% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $6.04M. Net income dropped to $1.56M, keeping EPS at $0.04. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.

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