---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-010993"
form_type: "8-K"
ticker: null
cik: "0000319458"
company_name: "Enservco Corp"
filed_at: "2024-04-04T23:59:59+00:00"
generated_at: "2026-06-04T02:34:35.161643+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Enservco Q4 net loss widens to $1.9M on $0.5M goodwill write-down; Adjusted EBITDA turns positive

## Summary
- Q4 revenue flat at $6.5M; completions services revenue up 10% to $4.3M, production services down 16% to $2.2M.
- Full-year 2023 revenue $22.1M (+2% YoY); net loss $8.5M vs $5.6M in 2022, including a $4.3M non-cash debt extinguishment gain in 2022.
- Adjusted EBITDA improved to +$62K in Q4 (from -$77K YoY) and -$1.5M for full year (from -$2.7M), a 46% improvement.
- Total debt reduced 28% to $8.7M at year-end 2023; announced agreement to acquire Buckshot Trucking, expected to close Q2 2024.

## SEC filing metadata
- accession: 0001437749-24-010993
- form_type: 8-K
- cik: 0000319458
- company_name: Enservco Corp
- filed_at: 2024-04-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/319458/000143774924010993/0001437749-24-010993-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/319458/000143774924010993/ensv20240403_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-010993
- JSON: https://secwatch.observer/filing/0001437749-24-010993.json
- Plain text: https://secwatch.observer/filing/0001437749-24-010993.txt

## Key facts
- Earnings Releases
  Enservco Corp reported three months ended December 31, 2023 results: revenue $6.5 million, net income $1.9 million.
  - Period: three months ended December 31, 2023
  - Revenue: $6.5 million
  - Net income: $1.9 million
  - Result: reported results
  source text: Total revenue in the fourth quarter came in at $6.5 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/319458/000143774924010993/0001437749-24-010993-index.htm
- Earnings Releases
  Enservco Corp reported the fiscal year ended December 31, 2023 results: revenue $22.1 million, net income $8.5 million.
  - Period: the fiscal year ended December 31, 2023
  - Revenue: $22.1 million
  - Net income: $8.5 million
  - Result: reported results
  source text: Full year revenue came in at $22.1 million for 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/319458/000143774924010993/0001437749-24-010993-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.