Expro Group Holdings N.V. published its 2024 Statutory Dutch Annual Report, revealing a net income of $53.6 million for the year ended December 31, 2024. This marks a significant turnaround from a net loss of $24.1 million reported in 2023.
The company's net turnover for 2024 reached $1,712.8 million, an increase of $200.0 million compared to the previous year. This growth was driven by increased activity and revenue across all geography-based operating segments, including North and Latin America, Europe and Sub-Saharan Africa, and Middle East and North Africa.
The report also confirmed the successful acquisition of CTL UK Holdco Limited, known as Coretrax, during 2024. This acquisition has contributed to the company's expanded service offerings and strengthened its market position, supporting the overall positive financial performance.
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