Molecular Energies Full Year 2022 Earnings: US$1.02 loss per share (vs US$0.45 profit in FY 2021)

Molecular Energies (LON:MEN) Full Year 2022 Results

Key Financial Results

• Revenue: US$33.2m (down 2.7% from FY 2021).

• Net loss: US$10.5m (down by 329% from US$4.58m profit in FY 2021).

• US$1.02 loss per share (down from US$0.45 profit in FY 2021).

MEN Production

Combined production

• Oil equivalent production: 0.624 MMboe (0.903 MMboe in FY 2021).

earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Molecular Energies shares are down 3.5% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Molecular Energies (including 1 which doesn't sit too well with us).

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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