Viridien SA
OTC:VIRDY
Viridien SA
Viridien SA is a FR-based company operating in Energy Equipment & Services industry. The company is headquartered in Massy, Ile-De-France and currently employs 3,515 full-time employees. Viridian SA is a France-based company that engages in geophysical services and products to oil and gas companies. The firm provides the provision of geophysical services such as recording, processing and interpretation of land and marine seismic data. The company provides manufacturing of seismic equipment like recording and transmission devices, seismic data acquisition vibrators, sensors, data processing, interpretation software. The company is a global technology and High-Performance Computing (HPC) controller that provide data, products, services and solutions in Earth science, data science, sensing and monitoring. Its portfolio supports clients in sectors such as digital, energy transition, natural resource, and environmental. Along with the current business, it also concentrates on low carbon markets, minerals, mining, as well as the infrastructure monitoring and computing markets outside of oil and gas.
Viridien SA is a FR-based company operating in Energy Equipment & Services industry. The company is headquartered in Massy, Ile-De-France and currently employs 3,515 full-time employees. Viridian SA is a France-based company that engages in geophysical services and products to oil and gas companies. The firm provides the provision of geophysical services such as recording, processing and interpretation of land and marine seismic data. The company provides manufacturing of seismic equipment like recording and transmission devices, seismic data acquisition vibrators, sensors, data processing, interpretation software. The company is a global technology and High-Performance Computing (HPC) controller that provide data, products, services and solutions in Earth science, data science, sensing and monitoring. Its portfolio supports clients in sectors such as digital, energy transition, natural resource, and environmental. Along with the current business, it also concentrates on low carbon markets, minerals, mining, as well as the infrastructure monitoring and computing markets outside of oil and gas.
Strong Quarter: Viridien reported robust Q3 2025 results, with significant growth in revenue, EBITDA, and net cash flow.
Revenue Growth: Segment revenue rose 27% year-on-year to $313 million in Q3, with strong contributions from both Geoscience and Sensing & Monitoring.
Cash Flow Target: Management confirmed the full-year $100 million net cash flow target, excluding any collection from PEMEX receivables.
Resilience: Geoscience business is described as resilient, with more than 50% of revenue tied to development and production, less sensitive to oil price swings.
Earth Data Momentum: Earth Data revenue surged 63% year-on-year in Q3, driven by high demand and transfer fees from client M&A.
Debt Reduction: Viridien reduced its debt by about $200 million over the last 12 months and plans to use cash flow for further reduction.
PEMEX Receivables: Partial payment from PEMEX may be forthcoming, but the $100 million target does not rely on it; factoring options are still being pursued.
