Trillion Energy International Third Quarter 2024 Earnings: US$0.009 loss per share (vs US$0.095 profit in 3Q 2023)

Trillion Energy International (CSE:TCF) Third Quarter 2024 Results

Key Financial Results

• Net loss: US$1.18m (down by 116% from US$7.39m profit in 3Q 2023).
• US$0.009 loss per share (down from US$0.095 profit in 3Q 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 144% p.a. on average during the next 2 years, compared to a 2.2% growth forecast for the Oil and Gas industry in Canada.

Performance of the Canadian Oil and Gas industry.

The company's shares are down 12% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 4 warning signs for Trillion Energy International (1 makes us a bit uncomfortable) you should be aware of.

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