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    Oil & Gas Drilling
Akita Drilling Ltd.

Akita Drilling Ltd.

AKT.TO
Akita Drilling Ltd.CA flagToronto Stock Exchange
3.70
CAD
-0.04
- -
212.38MMarket Cap
Akita Drilling Ltd.
AKT.TO
(Toronto Stock Exchange)

Recent

price

3.70

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
6.12
11.06
11.31
9.36
9.21
6.27
3.4
3.97
4.82
4.44
3.02
2.78
5.07
5.69
4.87
5.06
5.62
Revenue per Share
0.31
1.29
1.6
1.48
1.17
-1.89
0.3
-2.18
-0.65
-0.5
-2.35
-0.53
0.11
0.46
0.32
0.35
0.54
Basic EPS, GAAP
1.76
1.89
2.33
2.2
2.26
2.31
0.66
0.28
-0.35
0.54
0.58
-0.09
0.46
0.9
0.76
1.11
1
Free Cash Flow per Basic Share
0.28
0.28
0.28
0.31
0.34
0.34
0.34
0.34
0.32
0.26
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
10.13
11.14
12.48
13.65
14.48
12.27
12.24
9.72
6.86
6.19
3.84
3.32
3.48
3.93
4.32
4.7
4.55
Book Value per Share
10.13
11.14
12.48
13.65
14.48
12.27
12.24
9.72
6.86
6.19
3.84
3.32
3.48
3.93
4.32
4.7
4.55
Tangible Book Value per Share
18
18
18
18
18
18
18
18
25
40
40
40
40
40
40
40
40
Basic Weighted Avg Shares
111
200
203
168
165
112
61
71
118
176
120
110
201
225
193
201
223
Sales/Revenue/Turnover
6.87
15.19
11.2
9.61
2.63
-11.93
0.71
-44.58
-14.73
-10.63
-14.67
-18.89
2.14
6.13
2.4
3.71
6.15
Operating Margin (%)
25
21
24
27
30
37
24
27
27
37
33
29
30
29
28
29
27
Depreciation Expense
6
23
29
27
21
-34
5
-39
-16
-20
-93
-21
4
18
13
14
22
Net Income, GAAP
33.01
26.48
25.14
25.69
25.04
- -
29.28
- -
- -
- -
- -
- -
- -
0.7
18.45
18.01
12.58
Effective Tax Rate (%)
5.13
11.68
14.13
15.77
12.75
-30.19
8.73
-55.03
-13.47
-11.3
-77.95
-19.07
2.13
8.17
6.65
6.93
9.69
Profit Margin (%)
61
39
31
41
-5
16
35
16
11
4
9
7
31
27
24
20
26
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
74
77
76
86
94
70
51
36
41
LT Debt
184
201
224
245
260
220
220
174
272
245
152
131
138
156
172
183
181
Total Equity
2.65
11.51
7.98
5.12
1.24
- -
0.14
- -
- -
- -
- -
- -
- -
5.99
1.69
2.77
5.52
Return on Invested Capital (%)
2.96
12.16
13.55
11.34
8.1
- -
2.47
- -
- -
- -
- -
- -
- -
11.01
7.5
7.27
11.41
Return on Capital (%)
2.96
12.15
13.55
11.31
8.35
-14.15
2.42
-19.88
-7.14
-7.69
-46.94
-14.79
3.18
12.54
7.86
7.85
12.73
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
1
3
1
LT Borrowings
50
50
40
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
40
40
40
Market Capitalization
99
79
85

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
60
64
50
Cash, Cash Equivalents & STI
7
10
12
Accounts Receivable, Net
53
50
37
Inventories
- -
- -
- -
Total Current Liabilities
36
33
24
Payables & Accruals
35
30
24
ST Debt
1
3
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.84%
4.22%
6.79%
Free Cash Flow
-135.88%
-123%
45.41%
Net Income, GAAP
-50.66%
21.91%
8.19%
Sales/Revenue/Turnover
13.02%
15.28%
3.92%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
46
38
46
63
193
2025
65
50
42
- -
201
2026
55
46
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
-0.01
0.03
- -
0.32
2025
0.22
0.06
- -
- -
0.35
2026
-0.06
-0.15
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
AKITA Drilling Ltd. is a Canadian contract drilling company that provides land-based drilling services primarily to the oil and gas industry through its Canadian and U.S. operating divisions; its services also include related drilling activity for potash mining and storage cavern development, and it operates a fleet of high-specification rigs equipped with advanced technologies for faster moves and efficient rig-up and rig-down. Founded in 1992 and headquartered in Calgary, Alberta, AKITA operates in Canada and the United States, with Canadian operations in Alberta, British Columbia and Saskatchewan and U.S. operations supported from Midland, Texas and serving major U.S. basins including the Permian Basin. The company’s core business is contract drilling, with a fleet positioned for horizontal and directional drilling markets and a focus on customers in the energy sector. In 2026, AKITA completed the transformative acquisition of Fox Drilling Limited Partnership and Fox Drilling Inc. from Paramount Resources Ltd., adding six triple drilling rigs in the Western Canadian Sedimentary Basin, including five high-specification AC walking rigs, and it simultaneously eliminated its dual-class share structure to create a single class of common shares trading under the symbol AKT. Recent strategic actions also include the initiation of a normal course issuer bid in August 2025, continued debt reduction, and the reporting of 2025 annual results showing net income of $13.9 million and $15 million of debt repayment.