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- CNSX:TCF
Trillion Energy International Second Quarter 2024 Earnings: EPS: US$0.003 (vs US$0.03 loss in 2Q 2023)
Trillion Energy International (CSE:TCF) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$1.24m (down 57% from 2Q 2023).
- Net income: US$349.7k (up from US$2.33m loss in 2Q 2023).
- Profit margin: 28% (up from net loss in 2Q 2023).
- EPS: US$0.003 (up from US$0.03 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Trillion Energy International Earnings Insights
Looking ahead, revenue is forecast to grow 111% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Oil and Gas industry in Canada.
Performance of the Canadian Oil and Gas industry.
The company's shares are up 12% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 5 warning signs for Trillion Energy International (3 shouldn't be ignored!) that you should be aware of.
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About CNSX:TCF
Trillion Energy International
Operates as an oil and gas exploration and production company in Turkey and Bulgaria.
High growth potential moderate.