Press Release: Results for Period June 30, 2018

25-Jul-2018

OKLAHOMA CITY, OK - July 23, 2018 - Texcom, Inc. (the "Company" or "Texcom"), an environmental services company serving the oil and gas industry, today announced financial results for the first six months of 2018. Results for the first half of2018 were as follows:

  • Revenues totaled $867,000.
  • Operating loss was $86,000.
  • Interest expense was $262,000.
  • EBITDA was $214,000.
  • Net loss was $347,000.
  • Loss per share was 3.02 cents.
  • Total liabilities were $8.9 million at June 30, 2018.
  • Total equity was negative $6.4 million at June 30, 2018.


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