Jericho Energy Ventures Full Year 2023 Earnings: US$0.03 loss per share (vs US$0.02 loss in FY 2022)

Jericho Energy Ventures (CVE:JEV) Full Year 2023 Results

Key Financial Results

• Net loss: US$7.32m (loss widened by 62% from FY 2022).
• US$0.03 loss per share (further deteriorated from US$0.02 loss in FY 2022).

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

Jericho Energy Ventures Earnings Insights

Looking ahead, revenue is forecast to grow 118% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Oil and Gas industry in Canada.

Performance of the Canadian Oil and Gas industry.

The company's shares are down 11% from a week ago.

Risk Analysis

Be aware that Jericho Energy Ventures is showing 5 warning signs in our investment analysis and 1 of those is potentially serious...

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