Enwell Energy Full Year 2024 Earnings: EPS: US$0.074 (vs US$0.083 in FY 2023)

Enwell Energy (LON:ENW) Full Year 2024 Results

Key Financial Results

• Revenue: US$40.1m (down 25% from FY 2023).
• Net income: US$23.7m (down 10% from FY 2023).
• Profit margin: 59% (up from 49% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: US$0.074 (down from US$0.083 in FY 2023).

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ENW Production

Combined production

• Oil equivalent production: 0.725 MMboe (0.886 MMboe in FY 2023).

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

In the last 12 months, the only revenue segment was Oil and Gas Exploration, Development and Production contributing US$40.1m. The largest operating expense was General & Administrative costs, amounting to US$5.71m (79% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of US$2.73m. Explore how ENW's revenue and expenses shape its earnings.

Enwell Energy shares are down 3.0% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Enwell Energy that you should be aware of.

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