DWSN — Stock Film
STOCK FILMSCENE 1/11DWSN · $4.46
Stock Expert AI presents
DWSN
Dawson Geophysical Company
~4 min film100% real numbers0 jargon
WHAT DOES THIS COMPANY DO?
Dawson Geophysical Company. A quick introduction.

On the stock market since 1994, it operates in the world of energy. It has 269 employees. Now — the numbers.

on the stock market since 1994
269 employees
$138.5M market value
Revenue last year:
$0
The loss that same year:
$0
Sales don’t cover the costs; the gap drains from the cash pile every year.

The company is still in the product-building phase: its spending runs above its sales. That only changes once the product starts selling at scale.

WHERE DOES THE MONEY COME FROM?
82%Fee Revenue
Fee Revenue 82%Reimbursable Revenue 18%
82% of all revenue comes from a single line: Fee Revenue.

That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.

THE SALES TREND
Sales are growing overall, with a pause along the way.

Average growth of 32% a year over the last 4 years. Red columns mark years that ended in a loss.

$24.7M
2021
$51.6M
2022
$96.8M
2023
$74.2M
2024
$75.6M
2025
In the vault right now:
$0
DEBT: $20.7M
At this pace, that money lasts about 2.7 years.

Before the clock runs out, either sales must climb sharply or new money must come in. For now, time is on the company’s side.

INSIDE THE REPORT CARD

We compared this company with its own sector across five subjects.

A score of 50 means class average.

BUSINESS QUALITY
81
very strong

Profit power and business quality lead the class.

FINANCIAL STRENGTH
55
average

A solid grade overall — yet the debt outweighs the cash. The strength here comes from earnings power.

VALUATION
37
weak

Clearly below the class average.

PRICE MOMENTUM
13
very weak

Clearly below the class average.

WORTH WATCHING

Price Momentum: The stock has lagged the market in recent months; investor interest is weak right now.

Valuation: The stock trades at a price that looks expensive next to its earnings; that can cap future returns.

THE FIVE-YEAR JOURNEY
Below the peak, but no collapse.

The stock trades 41% below its peak. The market has trimmed its expectations for the company.

1
THE BRIGHT SIDE · 1/3
Sales keep climbing

Over the last 3 years, sales grew about 14% a year on average.

2
THE BRIGHT SIDE · 2/3
The product is selling

Sales run at $75.6M a year. A small number, but proof the product has real buyers.

3
THE BRIGHT SIDE · 3/3
Executives are buying their own stock

Over the last 12 months, company executives reported 23 buys and 1 sell. Management buying with its own money is usually read as a good sign.

1
THE RISKS · 1/3
Small scale, thin loss

A loss of $1.9M against $75.6M in annual sales.

2
THE RISKS · 2/3
The stock has lost its spark

Buyers haven’t stepped back in yet; the price hasn’t found its footing. Report-card grade: 13/100. For a turnaround signal, the stock first needs to close the gap with the market.

3
THE RISKS · 3/3
The price runs ahead of the earnings

Today’s price already includes part of tomorrow’s optimism. Report-card grade: 37/100.

FINALE · THE GRADE
C
0 / 100 · MoonshotScore

On our five-subject report card, DWSN sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.

The takeaway: DWSN is a high-risk stock — not yet profitable, and its future rides on its product catching on.

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This was a film — not investment advice.
Data: FMP & company filings
Jul 21, 2026 · stockexpertai.com · Stock Film