i3 Energy Full Year 2023 Earnings: EPS: UK£0.013 (vs UK£0.036 in FY 2022)

i3 Energy (LON:I3E) Full Year 2023 Results

Key Financial Results

• Revenue: UK£146.3m (down 30% from FY 2022).
• Net income: UK£15.1m (down 64% from FY 2022).
• Profit margin: 10% (down from 20% in FY 2022). The decrease in margin was driven by lower revenue.
• EPS: UK£0.013 (down from UK£0.036 in FY 2022).

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

i3 Energy Earnings Insights

Looking ahead, revenue is forecast to grow 2.0% p.a. on average during the next 2 years, compared to a 1.3% decline forecast for the Oil and Gas industry in the United Kingdom.

Performance of the British Oil and Gas industry.

The company's shares are down 14% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with i3 Energy.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.