Enservco
Logotype for Enservco Corporation

Enservco (ENSV) investor relations material

Enservco has been otc

Enservco Q3 2024 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Enservco Corporation
Q3 2024 earnings summary30 Dec, 2024

Executive summary

  • Revenues for Q3 2024 rose 52% year-over-year to $4.0M, driven by the Buckshot acquisition and entry into logistics services.

  • Net loss from continuing operations improved to $2.0M in Q3 2024 from $2.8M in Q3 2023; YTD net loss from continuing operations was $5.8M, slightly higher than $5.5M YTD 2023.

  • Segment profit for Q3 2024 was $682K, up from a $528K loss in Q3 2023, reflecting new logistics segment contributions and cost savings.

  • The company exited the frac water heating business, selling Colorado-based assets for $1.7M and classifying related operations as discontinued.

  • Adjusted EBITDA loss for Q3 2024 improved to $975K from $1.4M in Q3 2023; YTD Adjusted EBITDA loss was $2.1M, up from $1.8M YTD 2023.

Financial highlights

  • Q3 2024 revenues: $4.0M (Q3 2023: $2.6M); YTD 2024: $9.1M (YTD 2023: $8.4M).

  • Q3 2024 net loss: $2.2M (Q3 2023: $3.0M); YTD 2024 net loss: $3.8M (YTD 2023: $6.6M).

  • Q3 2024 loss from continuing operations: $2.0M; YTD: $5.8M.

  • Q3 2024 Adjusted EBITDA loss: $975K; YTD: $2.1M.

  • Cash and cash equivalents at September 30, 2024: $172K; working capital deficit: $5.4M.

Outlook and guidance

  • Substantial doubt exists about the company's ability to continue as a going concern due to near-term obligations and limited liquidity.

  • Obligations of $3.3M are due by January 15, 2025, with insufficient cash to meet them; asset sales and vendor negotiations are being pursued.

  • The company is seeking new debt financing or capital infusions to sustain operations into 2025.

Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.
Enservco
Cover every name on your watchlist this earnings season.
Automations, AI chat, and live calls across 16,000+ companies.
Book demo

AI chat

Ask anything. Verify everything.

Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn more

Find what matters

AI across all first-party IR material. Live calls, transcripts, slides, filings.
A cited source card from Adobe's CFO alongside a list of forward-looking statements

Trust every finding

50m+ first-party documents. Every output traceable to its source.

Automations

Zero in on what matters

Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more
An automation set to trigger on the first published earnings document for GE Aerospace

Event-triggered research

Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.
An automation scheduled to run weekly on Mondays at 09:00

Scheduled research

Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.

Live audio & transcripts

Be first

Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more
A live LVMH Q2 2026 earnings call playing in Quartr

Live earnings calls

Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.
A live transcript excerpt from LVMH's Chairman and CEO Bernard Arnault

Live transcripts

Speaker-by-speaker, in real time. Searchable across every live and historical call.

Quartr MCP connects your AI environment to 17K+ public companies

Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more

Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.

Jamie Ross

Investment Manager, GAM Investments

GAM
GAM

Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.

Tom O'Hara

Investment Director

Ciena
Ciena

Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.

Gregg Lampf

VP of Investor Relations

Frequently asked questions

Enservco Corporation (ENSV) is a provider of well enhancement and fluid management services to the onshore oil and natural gas industry through its subsidiaries. The company's services encompass a range of essential and specialized operations including hot oiling and acidizing, frac water heating, pressure testing, and water hauling. Additionally, Enservco offers well site construction services. These services collectively support the operational efficiency and productivity of onshore oil and natural gas wells, catering to a wide spectrum of needs from drilling and completion to production and maintenance phases. The company is headquartered in Longmont, Colorado, and its shares are listed on the NYSE.