Serinus Energy Full Year 2023 Earnings: US$0.11 loss per share (vs US$0.014 profit in FY 2022)

Serinus Energy (LON:SENX) Full Year 2023 Results

Key Financial Results

• Revenue: US$17.9m (down 64% from FY 2022).
• Net loss: US$13.0m (down from US$1.63m profit in FY 2022).
• US$0.11 loss per share (down from US$0.014 profit in FY 2022).

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

Serinus Energy Earnings Insights

Looking ahead, revenue is forecast to grow 41% p.a. on average during the next 2 years, compared to a 1.5% 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 15% from a week ago.

Risk Analysis

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

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