yup2 May 2017 08:23
very nice results:
· Revenue of $31.6 million, representing 13.6% growth on Q4 2016 ($27.8 million) and 65.4% on Q1 2016 ($19.1 million)
· Strongest first quarter revenue result since 2013
· ARPOR up 15.3% ($196,000) on Q4 2016 ($170,000)
· Declared a final dividend of US1.0cps for 2016 financial year, payable on May 19, 2017
· Maintained strong balance sheet
· 2017 revenue guidance increased to $120 - $130 million (previous guidance of $105 - $112 million), driven by the strength of the Q1 results and additional rigs commencing drilling