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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 657.40 million Arab Emirates Dirhams (US$178.98 million) for the year ending December of 2017. This represents a sharp decrease of 26.5% versus 2016, when the company's sales were 894.06 million Arab Emirates Dirhams. Contributing to the drop in overall sales was the 35.3% decline in Marine, from 772.75 million Arab Emirates Dirhams to 500.30 million Arab Emirates Dirhams. . However, these declines were partially offset by the increase in sales of Other (up 29.5% to 157.09 million Arab Emirates Dirhams) .
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Polarcus Limited
  Stock Performance Chart for Polarcus Limited
  Stock Data: Recent Stock Performance:
  Current Price (2/15/2019): .50
(Figures in Arab Emirates Dirhams)
1 Week 3.9%   13 Weeks 7.5%  
4 Weeks -20.2%   52 Weeks -24.3%  
Polarcus Limited Key Data:
  Ticker: PLCS Country: United Arab Emirates
  Exchanges: LON OSL OTC Major Industry: Commercial Services & Supplies
    Sub Industry: Surveying Services
  2017 Sales 657,397,400
(Year Ending Jan 2018).
Employees: 363
  Currency: Arab Emirates Dirhams Market Cap: 258,804,643
  Fiscal Yr Ends: December Shares Outstanding: 513,786,713
  Share Type: Ordinary Closely Held Shares: 120,255,664
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