Corrects revenue figure to $16.40 mln from $5.40 mln in key details table
Overview
Mammoth Q2 2025 revenue rises slightly yr/yr to $16.4 mln
Net loss from continuing operations narrows significantly compared to Q2 2024
Co executed strategic transactions, including sale of infrastructure subsidiaries
Result Drivers
INFRASTRUCTURE SALE - Sale of infrastructure subsidiaries for $108.7 mln contributed to strategic transformation
AVIATION EXPANSION - Purchase of passenger aircraft expanded rental services, providing stable revenue
HYDRAULIC FRACTURING EXIT - Sale of hydraulic fracturing equipment for $15 mln as part of portfolio repositioning
Key Details
Press Release: ID:nPn3NSSsza
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)