Waga Energy First Half 2024 Earnings: €0.41 loss per share (vs €0.38 loss in 1H 2023)

Waga Energy (EPA:WAGA) First Half 2024 Results

Key Financial Results

• Revenue: €25.6m (up 87% from 1H 2023).
• Net loss: €9.13m (loss widened by 16% from 1H 2023).
• €0.41 loss per share (further deteriorated from €0.38 loss in 1H 2023).

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

Waga Energy Earnings Insights

Looking ahead, revenue is forecast to grow 42% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in France are expected to remain flat.

Performance of the French Oil and Gas industry.

The company's shares are down 8.7% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Waga Energy (of which 1 is a bit unpleasant!) you should know about.

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