Vulcan Energy Resources First Half 2024 Earnings: €0.11 loss per share (vs €0.10 loss in 1H 2023)

Vulcan Energy Resources (ASX:VUL) First Half 2024 Results

Key Financial Results

• Revenue: €13.1m (up 24% from 1H 2023).
• Net loss: €19.3m (loss widened by 24% from 1H 2023).
• €0.11 loss per share (further deteriorated from €0.10 loss in 1H 2023).

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

Vulcan Energy Resources Earnings Insights

Looking ahead, revenue is forecast to grow 57% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Australia are expected to remain flat.

Performance of the Australian Metals and Mining industry.

The company's shares are up 5.9% from a week ago.

Risk Analysis

Be aware that Vulcan Energy Resources is showing 3 warning signs in our investment analysis and 1 of those can't be ignored...

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