Getech (AIM: GTC), a world-leading locator of subsurface resources, is pleased to provide the following trading update for the financial year ended 31 December 2024.
The Company expects to report a 17% increase in revenues to £4.7m (2023: £4.0m). The rise in sales came from the retained client base and new services income from the growing portfolio of work supporting sub-surface exploration for materials connected to the Energy Transition such as natural or white hydrogen, battery materials or geothermal sources of energy. The Group orderbook as at 31 December 2024 was £4.1m (2023: £4.5m), with the slight reduction due to the successful unwinding of the contracted orderbook to revenue during the year.