Energy World Full Year 2023 Earnings: US$0.018 loss per share (vs US$0.003 profit in FY 2022)

Energy World (ASX:EWC) Full Year 2023 Results

Key Financial Results

• Revenue: US$34.9m (down 76% from FY 2022).
• Net loss: US$50.5m (down from US$8.91m profit in FY 2022).
• US$0.018 loss per share (down from US$0.003 profit in FY 2022).

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

The primary driver behind last 12 months revenue was the Indonesia - Power segment contributing a total revenue of US$23.0m (66% of total revenue). The most substantial expense, totaling US$44.3m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how EWC's revenue and expenses shape its earnings.

Energy World's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 5 warning signs for Energy World (3 can't be ignored) you should be aware of.

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