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OMS Energy Technologies Inc. (Nasdaq: OMSE) reported operational growth and new contracts, preparing for its first earnings call after a successful Nasdaq listing in May 2025. The company secured new orders in Angola and renewed a three-year contract in Thailand. A significant long-term supply agreement with Saudi Aramco is projected to enhance annual revenue between $120 to $200 million.
OMS operates 11 manufacturing facilities across six countries, enriching its product portfolio through innovative R&D initiatives, including a $1.1 million investment in Additive Manufacturing. Although OMS highlights growth, it has not disclosed specific financial performance data, which may raise concerns regarding its profitability post-IPO. The company’s expansion into new markets introduces operational risks linked to the political and economic climates in those regions.
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