New West Energy Services Inc Reports Earnings Results for the Two Months and Eight Months Ended December 31, 2017
May 01, 2018 at 12:20 am EDT
New West Energy Services Inc. reported earnings results for the two months and eight months ended December 31, 2017. For the two months, the company reported revenue of $3,671,672, net loss before tax of $2,338,942 and LBITDAC to be $329,700 against revenue of $4,876,588, net loss before tax of $575,405 and EBITDAC to be $361,331 for the three months ended April 30, 2017.
Revenue was $13,383,615 in the eight months ended December 31, 2017 compared to $11,927,912 in the twelve months ended April 30, 2017. Net loss before tax was $3,612,017 against 2,335,824 for the twelve months ended April 30, 2017. EBITDAC was $82,565 against LBITDAC of $258,264 a year ago.