PARIS — Satellite maritime tracking service provider exactEarth Ltd. reported flat revenue for the year ending Oct. 31 but said its new Iridium- and Harris-enabled service should drive revenue growth in 2019.
Canada-based exactEarth, in reporting its year-end results, reiterated to investors that two transactions late in the year — one in convertible debt, the other in a Canadian government loan — totaling 18.7 million Canadian dollars ($13.7 million) is sufficient to meet all its 2019 cash obligations.
The company has reduced its costs, including a substantial . . .
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