88 Energy Past Earnings Performance

Past criteria checks 0/6

88 Energy's earnings have been declining at an average annual rate of -26.4%, while the Oil and Gas industry saw earnings growing at 36.1% annually. Revenues have been growing at an average rate of 15.7% per year.

Key information

-26.4%

Earnings growth rate

-0.9%

EPS growth rate

Oil and Gas Industry Growth32.6%
Revenue growth rate15.7%
Return on equity-10.8%
Net Margin-606,006.0%
Last Earnings Update30 Jun 2023

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown
Beta

How 88 Energy makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ASX:88E Revenue, expenses and earnings (AUD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 230-15160
31 Mar 230-43450
31 Dec 220-71740
30 Sep 220-70740
30 Jun 220-70740
31 Mar 222-36400
31 Dec 214-260
30 Sep 214-1050
30 Jun 214-1850
31 Mar 212-2040
31 Dec 200-2230
30 Sep 20-1-1740
30 Jun 20-2-1140
31 Mar 20-1-2430
31 Dec 190-3730
30 Sep 191-3430
30 Jun 192-3230
31 Mar 191-1930
31 Dec 180-630
30 Sep 180-630
30 Jun 180-630
31 Mar 180-740
31 Dec 170-850
30 Sep 170-850
30 Jun 170-750
31 Mar 170-850
31 Dec 160-940
30 Sep 160-1040
30 Jun 160-1140
31 Mar 160-950
31 Dec 150-650
30 Sep 150-1660
30 Jun 150-2660
31 Mar 150-2770
31 Dec 140-2870
30 Sep 140-1970
30 Jun 141-1070
31 Mar 141-860
31 Dec 131-750
30 Sep 130-650
30 Jun 130-550
31 Mar 130-550

Quality Earnings: 88E is currently unprofitable.

Growing Profit Margin: 88E is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 88E is unprofitable, and losses have increased over the past 5 years at a rate of 26.4% per year.

Accelerating Growth: Unable to compare 88E's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 88E is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-49.3%).


Return on Equity

High ROE: 88E has a negative Return on Equity (-10.85%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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