The Revenue Y/Y of S.D. Standard Drilling Plc is -1,458.14%
Yearly revenue growth is the percentage growth of the company’s revenue over trailing twelve months.
= (revenue past four quarters - revenue previous four quarters) / revenue previous four quarters
The yearly revenue growth rate is calculated as the percentage change in revenue over the trailing twelve months. For this specific metric, the calculation takes into account a series of the last eight quarterly revenues. The revenue growth is useful for determining the success of the company expanding its main business. Revenue growth of 5% to 10% is usually considered good for large-cap companies. For other companies, a sales growth of over 10% is more desirable.
S.D. Standard ETC Plc operates in the shipping and offshore sectors primarily renewables. The company owns a 100% interest in two large-size platform supply vessels (PSVs); and a 28% interest in five mid-size PSVs. It focuses on investment portfolio within the energy, transport, and commodities markets. The company was formerly known as S.D. Standard Drilling Plc and changed its name to S.D. Standard ETC Plc in February 2022. S.D. Standard ETC Plc was incorporated in 2010 and is headquartered in Limassol, Cyprus.