Oslo, 22 February 2024
EVENTS DURING THE QUARTER
o Multi-client revenues USD 1.7 million
o Utsira reprocessing priority area delivered to clients
o Fair value of multi-client library USD 31.1 million
o Fair value of investment portfolio USD 6.6 million
o USD 1.0 million reduction in fair value of financial assets
o Available liquid funds of USD 8.5 million*
o Cash earnings (loss) for the quarter USD (0.5) million, after USD 0.5 million
non-recurring legal expenses**
o Net asset value NOK 1.76 per share
* Bank deposits, net trade receivable and marketable securities
** Revenue, cost of sales, SG&A
A corresponding investor presentation will be held today at 08:30 CET (Norwegian
time) in the office premises at Askekroken 11, 0277 Oslo. The presentation is
open to the public.
A pre-recorded presentation of the results featuring Interim CEO and CFO, Nils
Haugestad, is available at www.aquilaholdings.no.
The fourth quarter 2023 report and presentation will be available at Aquila
Holdings ASA (www.aquilaholdings.no) and Oslo Stock Exchange (www.newsweb.com).
For further information, please contact:
Nils Haugestad
Interim CEO & CFO
nils.haugestad@aquilaholdings.no
+47 977 04 439
About Aquila Holdings
Aquila Holdings ASA ("AQUIL") is a Norwegian seismic multi-client and investment
company listed on Euronext Expand. Aquila Holdings specializes in 3D ocean
bottom node seismic multi-client data for near-field exploration. The company
holds two key seismic multi-client assets, one in Norway and one in Egypt.
Aquila Holdings also has an investment arm, with focus on investments in listed
companies as well as companies expected to be listed.
More information on www.aquilaholdings.no