Viridien Reports Strong Financial Performance for 2025

Viridien has released its full-year 2025 financial update, highlighting robust activity across its segments. The company anticipates segment revenue exceeding $1,150 million, with Geoscience and Earth Data leading the charge. Geoscience revenue is forecasted to surpass $440 million, marking a 10% increase from the previous year. Earth Data continues to impress, contributing over $400 million.

The company generated solid cash flow above $130 million, resulting in a net cash flow exceeding $100 million after repaying a $28 million asset-backed facility. Bond repayments totaled $97 million, leveraging the annual optional redemption clause.

Viridien's net debt is expected to be around $750 million. CEO Sophie Zurquiyah emphasized the firm's commitment to its asset-light strategy and cash management, aiming to maintain operational excellence and sustainable cash generation in 2026.