Permex Petroleum Past Earnings Performance
Past criteria checks 0/6
Permex Petroleum's earnings have been declining at an average annual rate of -32.4%, while the Oil and Gas industry saw earnings growing at 39.5% annually. Revenues have been declining at an average rate of 12.3% per year.
Key information
-32.4%
Earnings growth rate
1.3%
EPS growth rate
| Oil and Gas Industry Growth | 42.1% |
| Revenue growth rate | -12.3% |
| Return on equity | -54.3% |
| Net Margin | -589.2% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Permex Petroleum makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 23 | 1 | -5 | 4 | 0 |
| 31 Mar 23 | 1 | -4 | 4 | 0 |
| 31 Dec 22 | 1 | -3 | 3 | 0 |
| 30 Sep 22 | 1 | -3 | 3 | 0 |
| 30 Jun 22 | 1 | -3 | 2 | 0 |
| 31 Mar 22 | 0 | -2 | 1 | 0 |
| 31 Dec 21 | 0 | -2 | 1 | 0 |
| 30 Sep 21 | 0 | -1 | 0 | 0 |
| 30 Jun 21 | 0 | -2 | 0 | 0 |
| 31 Mar 21 | 0 | -2 | 0 | 0 |
| 31 Dec 20 | 0 | -1 | 0 | 0 |
| 30 Sep 20 | 1 | -1 | 0 | 0 |
| 30 Jun 20 | 1 | 0 | 0 | 0 |
| 31 Mar 20 | 1 | 0 | 0 | 0 |
| 31 Dec 19 | 1 | 0 | 1 | 0 |
| 30 Sep 19 | 1 | -1 | 1 | 0 |
| 30 Jun 19 | 1 | -1 | 1 | 0 |
| 31 Mar 19 | 1 | -1 | 1 | 0 |
| 31 Dec 18 | 1 | -1 | 1 | 0 |
| 30 Sep 18 | 1 | -2 | 2 | 0 |
| 30 Sep 17 | 0 | 0 | 0 | 0 |
Quality Earnings: OIL is currently unprofitable.
Growing Profit Margin: OIL is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OIL is unprofitable, and losses have increased over the past 5 years at a rate of 32.4% per year.
Accelerating Growth: Unable to compare OIL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OIL is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-43%).
Return on Equity
High ROE: OIL has a negative Return on Equity (-54.3%), as it is currently unprofitable.