Kolibri Global Energy Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Kolibri Global Energy (TSE:KEI) Full Year 2024 Results

Key Financial Results

• Revenue: US$58.7m (up 16% from FY 2023).
• Net income: US$18.1m (down 6.0% from FY 2023).
• Profit margin: 31% (down from 38% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: US$0.51 (down from US$0.54 in FY 2023).

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

Kolibri Global Energy EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 5.5%.

Looking ahead, revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Oil and Gas industry in Canada.

Performance of the Canadian Oil and Gas industry.

The company's shares are up 3.0% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Kolibri Global Energy's balance sheet health.

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