National Drilling results, Q1 2023
Net profit, assets, equity and cash flow for Q1 2023, against the same period a year earlier, from the published financial statements.
Net profit11.68 millionUSD · +141.2% vs the same period a year earlier
Total assets61.69 millionUSD · +13.0% vs the same period a year earlier
Shareholders' equity40.37 millionUSD · +38.9% vs the same period a year earlier
Operating cash flow5.44 millionUSD · +118.7% vs the same period a year earlier
In short
- National Drilling's net profit for Q1 2023 was about 11.68 million USD, up +141.2% from 4.84 million USD in Q1 2022.
- Total assets at the end of Q1 2023 were about 61.69 million USD, and shareholders' equity about 40.37 million USD.
- Operating cash flow for Q1 2023 was positive at 5.44 million USD.
Key lines against the same period a year earlier
This periodQ1 2022Change
Net profit11.68 million4.84 million+141.2%
Gross profit13.79 million5.9 million+133.6%
Total assets61.69 million54.59 million+13.0%
Total liabilities21.33 million25.54 million−16.5%
Shareholders' equity40.37 million29.06 million+38.9%
Total liabilities and equity61.69 million54.59 million+13.0%
Operating cash flow5.44 million2.49 million+118.7%
Investing cash flow-1.18 million-464 thousand−154.4%
Financing cash flow-1.41 million133 thousand−1161.8%
Net change in cash910 thousand102 thousand+790.6%
Figures in USD from the published statement summaries (consolidated where the company publishes consolidated statements), after normalising reporting units across periods. The exact figure is in the attached report, which may be the standalone version. Figures are as shown in the published statement summary; quarterly figures may be cumulative from the start of the fiscal year.
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