Africa Energy Past Earnings Performance
Past criteria checks 0/6
Africa Energy's earnings have been declining at an average annual rate of -28.4%, while the Oil and Gas industry saw earnings growing at 39.7% annually.
Key information
-28.4%
Earnings growth rate
-7.9%
EPS growth rate
Oil and Gas Industry Growth | 42.1% |
Revenue growth rate | n/a |
Return on equity | -90.8% |
Net Margin | n/a |
Next Earnings Update | 14 May 2024 |
Recent past performance updates
Recent updates
Is Africa Energy (CVE:AFE) A Risky Investment?
Feb 22Africa Energy (CVE:AFE) Is Making Moderate Use Of Debt
Nov 08Is Africa Energy (CVE:AFE) Using Too Much Debt?
Jul 19Is Africa Energy (CVE:AFE) Using Debt In A Risky Way?
Apr 04Here's Why We're Not At All Concerned With Africa Energy's (CVE:AFE) Cash Burn Situation
Jul 22Africa Energy (CVE:AFE) Is In A Strong Position To Grow Its Business
Apr 05Have Insiders Been Selling Africa Energy Corp. (CVE:AFE) Shares?
Feb 12Here's Why We're Not At All Concerned With Africa Energy's (CVE:AFE) Cash Burn Situation
Jul 17Revenue & Expenses BreakdownBeta
How Africa Energy 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 |
---|---|---|---|---|
31 Dec 23 | 0 | -120 | 5 | 0 |
30 Sep 23 | 0 | -20 | 5 | 0 |
30 Jun 23 | 0 | -21 | 5 | 0 |
31 Mar 23 | 0 | -21 | 5 | 0 |
31 Dec 22 | 0 | -21 | 6 | 0 |
30 Sep 22 | 0 | 20 | 7 | 0 |
30 Jun 22 | 0 | 21 | 6 | 0 |
31 Mar 22 | 0 | 22 | 5 | 0 |
31 Dec 21 | 0 | 22 | 5 | 0 |
30 Sep 21 | 0 | -4 | 4 | 0 |
30 Jun 21 | 0 | -5 | 5 | 0 |
31 Mar 21 | 0 | -5 | 5 | 0 |
31 Dec 20 | 0 | -4 | 4 | 0 |
30 Sep 20 | 0 | -4 | 4 | 0 |
30 Jun 20 | 0 | -4 | 4 | 0 |
31 Mar 20 | 0 | -4 | 4 | 0 |
31 Dec 19 | 0 | -5 | 5 | 0 |
30 Sep 19 | 0 | -13 | 5 | 0 |
30 Jun 19 | 0 | -13 | 6 | 0 |
31 Mar 19 | 0 | -14 | 6 | 0 |
31 Dec 18 | 0 | -13 | 5 | 0 |
30 Sep 18 | 0 | -5 | 5 | 0 |
30 Jun 18 | 0 | -6 | 6 | 0 |
31 Mar 18 | 0 | -5 | 5 | 0 |
31 Dec 17 | 0 | -5 | 5 | 0 |
30 Sep 17 | 0 | -4 | 4 | 0 |
30 Jun 17 | 0 | -4 | 4 | 0 |
31 Mar 17 | 0 | -4 | 4 | 0 |
31 Dec 16 | 0 | -4 | 4 | 0 |
30 Sep 16 | 0 | -5 | 5 | 0 |
30 Jun 16 | 0 | -4 | 4 | 0 |
31 Mar 16 | 0 | -4 | 3 | 0 |
31 Dec 15 | 0 | -3 | 3 | 0 |
30 Sep 15 | 0 | -93 | 2 | 0 |
30 Jun 15 | 0 | -93 | 2 | 0 |
31 Mar 15 | 0 | -93 | 2 | 0 |
31 Dec 14 | 0 | -92 | 2 | 0 |
30 Sep 14 | 0 | -2 | 2 | 0 |
30 Jun 14 | 0 | -2 | 2 | 0 |
31 Mar 14 | 0 | -1 | 2 | 0 |
31 Dec 13 | 0 | 2 | 2 | 0 |
30 Sep 13 | 0 | -2 | 2 | 0 |
Quality Earnings: AFE is currently unprofitable.
Growing Profit Margin: AFE is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AFE is unprofitable, and losses have increased over the past 5 years at a rate of 28.4% per year.
Accelerating Growth: Unable to compare AFE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AFE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-40.1%).
Return on Equity
High ROE: AFE has a negative Return on Equity (-90.85%), as it is currently unprofitable.