- Fleet size increases by 16 per cent year on year to 109
- Utilisation rates and revenues per rig also grow
Mining equipment provider Capital (CAPD) said revenue for 2021 came in at $226.8m (£189.7m), 68 per cent higher than the prior year and slightly ahead of recently-revised guidance.
The company posted its strongest quarter of growth in the final three months of the year, with revenue up 8 per cent on the third quarter and 92 per cent on the same period a year earlier.