Journey Energy Full Year 2024 Earnings: EPS: CA$0.082 (vs CA$0.26 in FY 2023)

Journey Energy (TSE:JOY) Full Year 2024 Results

Key Financial Results

• Revenue: CA$166.6m (down 11% from FY 2023).
• Net income: CA$5.14m (down 68% from FY 2023).
• Profit margin: 3.1% (down from 8.5% in FY 2023).
• EPS: CA$0.082 (down from CA$0.26 in FY 2023).

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

In the last 12 months, the only revenue segment was Exploration, Development and Production of Crude Oil and Natural Gas contributing CA$166.6m. Notably, cost of sales worth CA$97.0m amounted to 58% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to CA$39.2m (61% of total expenses). Explore how JOY's revenue and expenses shape its earnings.

Journey Energy shares are up 8.4% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Journey Energy you should be aware of.

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