Video interview with CEO 8 Apr 2015 14:05
http://tinyurl.com/oqh6yr9
John Aldersey-Williams, chief executive of SeaEnergy (LON:SEA), says the company will see ‘continuing steps’ towards making a ‘real profit’ over the next few years.
He says demand has been strong despite the tough climate for oil and gas companies recently, while it is also looking at other sectors where the technology can be applied.
The company, which provides software to the oil and gas industry, said revenues last year were £7.4mln, up from £5.1mln the year before, while the loss after tax widened to £2.5mln from £800,000. The company did however make an operating profit before non-recurring expenses of £151,000.