Stock Analysis
- Canada
- /
- Oil and Gas
- /
- TSXV:LCX
Lycos Energy Full Year 2023 Earnings: EPS: CA$0.58 (vs CA$0.32 in FY 2022)
Lycos Energy (CVE:LCX) Full Year 2023 Results
Key Financial Results
- Revenue: CA$86.7m (up 141% from FY 2022).
- Net income: CA$24.7m (up by CA$21.0m from FY 2022).
- Profit margin: 28% (up from 10% in FY 2022).
- EPS: CA$0.58 (up from CA$0.32 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Lycos Energy Earnings Insights
Looking ahead, revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Oil and Gas industry in Canada.
Performance of the Canadian Oil and Gas industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for Lycos Energy (1 shouldn't be ignored!) that we have uncovered.
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About TSXV:LCX
Lycos Energy
Lycos Energy Inc., a junior resource company, engages in the development and production of petroleum and natural gas in Western Canada.
Good value with proven track record.