Cgg Services (Uk) Limited
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Cgg Services (Uk) Limited - overview
Established
1931
Location
Crawley, -, UK
Primary Industry
Business Support Services
About
Cgg Services (Uk) Limited specializes in advanced Earth data and geoscience solutions, providing critical insights through innovative monitoring and analysis services across various industries, including energy and environmental sectors. Cgg Services (Uk) Limited is an advanced technology company focused on Earth data solutions. Founded in 1931, it operates globally with headquarters in London, UK. The company is led by CEO Jean-Georges Malcor, who has a history of steering technology firms towards innovation.
Cgg has undergone strategic pivots to enhance its geoscience capabilities, expanding its offerings without mentioning specific subsidiaries or mergers. Cgg Services (Uk) Limited, through its Viridien brand, offers a comprehensive suite of products including advanced geoscience and data solutions, environmental monitoring, and infrastructure assessment tools. Key products feature customized seismic equipment from the Sercel brand, utilized by major clients in various industries. Their services encompass software solutions for multiphysics imaging, geospatial data analysis, and cloud-based operations, catering to a diverse clientele across North America, South America, Northwest Europe, and the Asia-Pacific region.
Cgg Services (Uk) Limited generates revenue primarily through B2B engagements centered around its geoscience solutions, notably the Sercel seismic equipment. Revenue is derived from direct sales, partnerships, and subscription models for ongoing data services, providing tailored seismic data acquisition and monitoring solutions critical to energy and environmental sectors. The company's focus on asset-light business strategies enables competitive pricing without disclosing specific financial figures. Cgg Services (Uk) Limited is actively developing new products aimed at enhancing its geoscience offerings, with potential launches anticipated in the coming quarters.
The company plans to expand its presence in emerging markets across Asia-Pacific and South America by 2025. Recent funding will be utilized to support these growth initiatives and further enhance operational capabilities.
Primary Industry
Business Support Services
Sub Industries
Business Support Services
Website
www.cgg.com
Total Amount Raised
Subscriber access only
Cgg Services (Uk) Limited - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 81,613,600 | 97,046,932.5 | 82,796,394.6 | - | - | - |
| % Revenue Growth (YoY) | - | 18.9% | (14.7%) | - | - | - |
| EBITDA (USD) | 7,173,600 | 21,480,058.7 | 24,704,513.4 | - | - | - |
| Operating Income (USD) | (8,169,600) | (1,394,656.4) | 6,060,187.5 | - | - | - |
| Operating Margin | (10.0%) | (1.4%) | 7.3% | - | - | - |
| % EBITDA Margin | 8.8% | 22.1% | 29.8% | - | - | - |
| NET Income (USD) | (17,917,600) | (6,731,959.6) | (7,726,248.5) | - | - | - |
| % Net Margin | (22.0%) | (6.9%) | (9.3%) | - | - | - |
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