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Polarcus Limited Company Snapshot
Polarcus Ltd is a United Arab Emirates-based marine geophysical company that specializes in towed streamer data acquisition from Pole to Pole. The Company operates in two business segments: the Marine segment, which offers a range of services from classic three-dimensional/four dimensional (3D/4D) seismic, wide and multi- client projects, Arctic frontier operations, to its own wide tow First Pass operations, and the Other segment includes bareboat charter and management services. The Company has seven (3D) vessels, including Polarcus Nadia, Polarcus Naila, Polarcus Asima, Polarcus Alima, Polarcus Amani, Polarcus Adira and Vyacheslav Tikhonov. The Company operates through regional marketing offices located in Houston, the United States; London, the United Kingdom, and Singapore.

Sales Analysis. Polarcus Limited reported sales of 894.06 million Arab Emirates Dirhams (US$243.42 million) for the year ending December of 2016. This represents a sharp decrease of 35.5% versus 2015, when the company's sales were 1.39 billion Arab Emirates Dirhams. Contributing to the drop in overall sales was the 52.3% decline in Other, from 254.22 million Arab Emirates Dirhams to 121.30 million Arab Emirates Dirhams. There were also decreases in sales in Marine (down 31.7% to 772.75 million Arab Emirates Dirhams) .
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Polarcus Limited
  Stock Performance Chart for Polarcus Limited
  Stock Data: Recent Stock Performance:
  Current Price (12/8/2017): .35
(Figures in Arab Emirates Dirhams)
1 Week -1.5%   13 Weeks -9.0%  
4 Weeks -36.0%   52 Weeks -71.2%  
Polarcus Limited Key Data:
  Ticker: PLCS Country: United Arab Emirates
  Exchanges: LON OSL OTC Major Industry: Commercial Services & Supplies
    Sub Industry: Surveying Services
  2016 Sales 894,057,231
(Year Ending Jan 2017).
Employees: 435
  Currency: Arab Emirates Dirhams Market Cap: 53,616,029
  Fiscal Yr Ends: December Shares Outstanding: 153,438,539
  Share Type: Ordinary Closely Held Shares: 44,067,363
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