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Source Energy Services Ltd (SHLE.TO)

Source Energy Services Ltd (SHLE.TO)
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Source Energy Services Ltd is a Canada-based company engaged in the integrated production and distribution of frac sand as well as the distribution of other bulk oil and gas well completion materials that aren't produced by Source. It provides customers with an end-to-end solution for frac sand supported by its Wisconsin mines and processing facilities, its Western Canadian terminal network, and its last-mile logistics capabilities. The company also offers storage and logistics services for other bulk oil and gas well site completion materials and has developed Sahara, a proprietary website mobile sand storage and handling system. The geographical segments of the group are the USA Operations and Canadian Operations.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Sep, 2024 Jun, 2024
Sales 125,319 201,889 208,564 144,976 183,050
Sales Growth -37.93% -3.20% +43.86% -20.80% +3.80%
Net Income -6,217 13,568 23,599 -7,224 10,155
Net Income Growth -145.82% -42.51% +426.68% -171.14% +116.76%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Sep, 2024 Jun, 2024
Total Assets 597,894 602,092 588,901 598,218 513,343
Total Assets Growth -0.70% +2.24% -1.56% +16.53% -0.29%
Total Liabilities 387,549 386,026 375,595 408,351 326,257
Total Liabilities Growth +0.39% +2.78% -8.02% +25.16% -2.69%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Sep, 2024 Jun, 2024
Operating Cash Flow 35,017 35,941 26,607 33,361 16,257
Operating Cash Flow Growth -2.57% +35.08% -20.25% +105.21% -61.92%
Net Cash Flow -13,622 11,930 -75 31,807 910
Change in Net Cash Flow -214.18% +16,006.67% -100.24% +3,395.27% unch
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