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Azure Holding Group Corp ($AZRH) 1st Quarter 2025 Results Strong operational performance for the first quarter driven by successfully completed mergers and acquisition of Freedom Well Testing, Coil Tubing Technologies, and CST Drilling Fluids, leading to sales of $1.49 Million and income from operations / EBITDA of $0.17 Million On an unaudited basis, and private basis non-conforming to ASC 810 rules consolidation ignoring acquisition dates, the company recorded consolidated sales of $16.26 Million and income from operations / EBITDA of $1.19 Million Strong balance sheet growth, driven by over $1.72 Million in customer accounts receivables, $14.32 Million in acquired coil tubing tools, and $1.99 Million in acquired flowback equipment Announced execution of Letter of Intent to acquire 100% of Button Energy, which prospectively will $56.0M in sales for 2024 and income from operations / EBITDA of $3.32 Million Announced plans to reorganize CST Drilling Fluids in 2 nd Quarter 2025, relievi

accessnewswire.com 2025 Feb 05
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