Zephyr Energy First Half 2024 Earnings: US$0.002 loss per share (vs US$0.001 loss in 1H 2023)

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Zephyr Energy (LON:ZPHR) First Half 2024 Results

Key Financial Results

  • Revenue: US$12.5m (up 1.1% from 1H 2023).

  • Net loss: US$3.01m (loss widened by 30% from 1H 2023).

  • US$0.002 loss per share (further deteriorated from US$0.001 loss in 1H 2023).

earnings-and-revenue-growth
earnings-and-revenue-growth

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

Zephyr Energy Earnings Insights

Looking ahead, revenue is forecast to grow 52% p.a. on average during the next 3 years, compared to a 1.2% decline forecast for the Oil and Gas industry in the United Kingdom.

Performance of the British Oil and Gas industry.

The company's shares are up 9.1% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 4 warning signs for Zephyr Energy (1 is a bit concerning!) that you need to be mindful of.

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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.