Azure Holding Group Corp ($AZRH) Posts Strong 2nd Quarter 2025 Results, Strengthens Balance Sheet
Press Release | 03/12/2025
Azure Holding Group Corp ($AZRH) 2nd Quarter 2025 Results
Company strengthens external and internal Financial Reporting, setting a new standard for published Quarterly Financial Statements on the OTC Market in financials published and released in less than 12 days from the quarter end date
Strong operational performance for the second quarter and six months ending February 28, 2025 driven by organic growth and successful integration of completed mergers of Freedom Well Testing, and Coil Tubing Technologies, leading to sales for December 2024 through February 28, 2025 of $1.42 Million and income from operations / EBITDA of $0.03 Million
The Company strengthened it's balance sheet by alleviating over $4.3M in liabilities, primarily driven by the discontinuation of CST Drilling Fluids entity which relieved the company of over $3.8M in liabilities, and through the settlement of it's vendor debt with US Energy through an Escrowed Restricted Stock registration
Announced execution of Letter of Intent to acquire 100% of Button Energy, which prospectively will $56.0M in sales for 2024 and income from operations / EBITDA of $3.32 Million
Announced prospective appointment of Michael Woods as the Company's Chairman of the Board of Directors planned for March 2025
Announced developments in the Company's business development and sales, leading to the negotiations around pricing and service lines with several new Super Major, Major, and Large Independent Oil & Gas Exploration & Production Operators across the Permian Basin and the Eagle ford Shale
Announced Accelerated Share Repurchase Program of up to 5,000,000 common shares in the current float with the potential to retire up to 35.9% of our free trading market cap held at DTC
Announced update on capital formation strategy to pursue further acquisitions
Formally Announced OTC Shell status designation removal planned for mid April 2025
Formally Announced Audit Timeline including intention to engage and begin the audit by late April and early May 2025
Formally Announced Uplist Timeline to OTCQX planned for September or October 2025
MIDLAND, TX / ACCESS Newswire / March 12, 2025 / Azure Holding Group Corp (OTC PINK:AZRH) today announced their 2nd Quarter earnings report for the 6 months ending February 28, 2025 which is now viewable under the disclosures section of the company's profile on OTCMarkets.com.
"Our Second Quarter was focused on organic growth with the company's existing customer relationships, while beginning to develop new customer relationships as we actively negotiate several MSAs (Master Service Agreements) with multiple new Super Major Oil & Gas Exploration & Production customers. Now that we have a clear plan for sustainable and continued growth of all of our acquired businesses, we are focused on Working together, off of a strong 12 months in 2024 despite greater macro political forces that drove a lot uncertainty into the American markets, we are proud to announce a $30.0 Million revenue projection as guidance for the 12 months ending December 31, 2025 in the year ahead which includes growth by additional mergers and acquisitions, not factoring the acquisition of Button Energy which we anticipate will add another $75.0 Million in revenue to our company on a consolidated basis for 2025.
As it stands, with no growth, we believe that our existing business will achieve at least $20.0 Million in revenue organically for the 12 months ending December 31, 2025 on a non-US GAAP and non-fiscal year basis, riding off of the bench strength of our current customer relationships, as well as the formation of new ones.
The 3 months ending February 28, 2025 was not only a great quarter, but a reminder that our country and our industry is heading in the right direction. Confidence in our customer base with the Super Major Oil & Gas companies has never been stronger, and we are proud to serve American in leading the Fight against rising energy prices for the greater good of the American People, nationwide." - Josh Watson and Josh Cohen
About Azure Holding Group
Azure Holding Group Corp. is an acquisition corporation focused on Oil Field Services and Construction, Oil & Gas Exploration & Production, and Oil & Gas Distribution. Azure Holding Group Corp. has completed Reverse Mergers with the following companies: American Industries, Freedom Well Testing, and CST Drilling Fluids. The Company has completed a Joint Venture with Coil Tubing Technologies. The Company is currently evaluating mergers with Button Energy, Bullzeye Wireline, Oil Field Services AI, and several other companies. The Company is currently evaluating a joint venture Drilling Program with Mountain V Oil & Gas.
https://www.instagram.com/p/DHGMnYMMyty/?igsh...mg_index=1 $19.3M in assets AZRH Security Details
Share Structure
Market Cap Market Cap
$4,363,768 should be atleast .45-.50s already on just the books and more acquisitions incoming as well as organic growth easy dollarville next few weeks
03/11/2025
Authorized Shares
480,000,000
02/09/2025
Outstanding Shares
30,325,000
02/09/2025
Restricted
16,400,000
02/09/2025
Unrestricted
13,925,000
02/09/2025
Held at DTC
13,925,000
02/09/2025
CONTACT:
josh@controlleddev.com
(917) 584-7042
SOURCE: Azure Holding Group Corp.
View the original press release on ACCESS Newswire
Press Release | 03/12/2025
Azure Holding Group Corp ($AZRH) 2nd Quarter 2025 Results
Company strengthens external and internal Financial Reporting, setting a new standard for published Quarterly Financial Statements on the OTC Market in financials published and released in less than 12 days from the quarter end date
Strong operational performance for the second quarter and six months ending February 28, 2025 driven by organic growth and successful integration of completed mergers of Freedom Well Testing, and Coil Tubing Technologies, leading to sales for December 2024 through February 28, 2025 of $1.42 Million and income from operations / EBITDA of $0.03 Million
The Company strengthened it's balance sheet by alleviating over $4.3M in liabilities, primarily driven by the discontinuation of CST Drilling Fluids entity which relieved the company of over $3.8M in liabilities, and through the settlement of it's vendor debt with US Energy through an Escrowed Restricted Stock registration
Announced execution of Letter of Intent to acquire 100% of Button Energy, which prospectively will $56.0M in sales for 2024 and income from operations / EBITDA of $3.32 Million
Announced prospective appointment of Michael Woods as the Company's Chairman of the Board of Directors planned for March 2025
Announced developments in the Company's business development and sales, leading to the negotiations around pricing and service lines with several new Super Major, Major, and Large Independent Oil & Gas Exploration & Production Operators across the Permian Basin and the Eagle ford Shale
Announced Accelerated Share Repurchase Program of up to 5,000,000 common shares in the current float with the potential to retire up to 35.9% of our free trading market cap held at DTC
Announced update on capital formation strategy to pursue further acquisitions
Formally Announced OTC Shell status designation removal planned for mid April 2025
Formally Announced Audit Timeline including intention to engage and begin the audit by late April and early May 2025
Formally Announced Uplist Timeline to OTCQX planned for September or October 2025
MIDLAND, TX / ACCESS Newswire / March 12, 2025 / Azure Holding Group Corp (OTC PINK:AZRH) today announced their 2nd Quarter earnings report for the 6 months ending February 28, 2025 which is now viewable under the disclosures section of the company's profile on OTCMarkets.com.
"Our Second Quarter was focused on organic growth with the company's existing customer relationships, while beginning to develop new customer relationships as we actively negotiate several MSAs (Master Service Agreements) with multiple new Super Major Oil & Gas Exploration & Production customers. Now that we have a clear plan for sustainable and continued growth of all of our acquired businesses, we are focused on Working together, off of a strong 12 months in 2024 despite greater macro political forces that drove a lot uncertainty into the American markets, we are proud to announce a $30.0 Million revenue projection as guidance for the 12 months ending December 31, 2025 in the year ahead which includes growth by additional mergers and acquisitions, not factoring the acquisition of Button Energy which we anticipate will add another $75.0 Million in revenue to our company on a consolidated basis for 2025.
As it stands, with no growth, we believe that our existing business will achieve at least $20.0 Million in revenue organically for the 12 months ending December 31, 2025 on a non-US GAAP and non-fiscal year basis, riding off of the bench strength of our current customer relationships, as well as the formation of new ones.
The 3 months ending February 28, 2025 was not only a great quarter, but a reminder that our country and our industry is heading in the right direction. Confidence in our customer base with the Super Major Oil & Gas companies has never been stronger, and we are proud to serve American in leading the Fight against rising energy prices for the greater good of the American People, nationwide." - Josh Watson and Josh Cohen
About Azure Holding Group
Azure Holding Group Corp. is an acquisition corporation focused on Oil Field Services and Construction, Oil & Gas Exploration & Production, and Oil & Gas Distribution. Azure Holding Group Corp. has completed Reverse Mergers with the following companies: American Industries, Freedom Well Testing, and CST Drilling Fluids. The Company has completed a Joint Venture with Coil Tubing Technologies. The Company is currently evaluating mergers with Button Energy, Bullzeye Wireline, Oil Field Services AI, and several other companies. The Company is currently evaluating a joint venture Drilling Program with Mountain V Oil & Gas.
https://www.instagram.com/p/DHGMnYMMyty/?igsh...mg_index=1 $19.3M in assets AZRH Security Details
Share Structure
Market Cap Market Cap
$4,363,768 should be atleast .45-.50s already on just the books and more acquisitions incoming as well as organic growth easy dollarville next few weeks
03/11/2025
Authorized Shares
480,000,000
02/09/2025
Outstanding Shares
30,325,000
02/09/2025
Restricted
16,400,000
02/09/2025
Unrestricted
13,925,000
02/09/2025
Held at DTC
13,925,000
02/09/2025
CONTACT:
josh@controlleddev.com
(917) 584-7042
SOURCE: Azure Holding Group Corp.
View the original press release on ACCESS Newswire
