Westgate Energy Past Earnings Performance
Past criteria checks 0/6
Westgate Energy's earnings have been declining at an average annual rate of -273.5%, while the Oil and Gas industry saw earnings growing at 38.8% annually. Revenues have been growing at an average rate of 259% per year.
Key information
-273.5%
Earnings growth rate
-199.5%
EPS growth rate
| Oil and Gas Industry Growth | 42.1% |
| Revenue growth rate | 259.0% |
| Return on equity | -27.5% |
| Net Margin | -153.0% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Westgate 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 |
|---|---|---|---|---|
| 30 Jun 24 | 2 | -3 | 2 | 0 |
| 31 Mar 24 | 2 | -2 | 2 | 0 |
| 31 Dec 23 | 1 | -2 | 1 | 0 |
| 31 Dec 22 | 0 | 0 | 0 | 0 |
Quality Earnings: WGT is currently unprofitable.
Growing Profit Margin: WGT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if WGT's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare WGT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WGT is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-36.7%).
Return on Equity
High ROE: WGT has a negative Return on Equity (-27.52%), as it is currently unprofitable.