AIM:ZPHR - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	64	5	-2	45	2
12/31/2026	27	1	-6	10	2
12/31/2025	13	-11	-10	1	N/A
9/30/2025	14	-20	-3	5	N/A
6/30/2025	16	-30	3	9	N/A
3/31/2025	19	-25	1	11	N/A
12/31/2024	22	-20	-1	13	N/A
9/30/2024	23	-12	-6	12	N/A
6/30/2024	23	-4	-11	10	N/A
3/31/2024	23	-4	-16	11	N/A
12/31/2023	23	-4	-20	12	N/A
9/30/2023	25	-2	-1	16	N/A
6/30/2023	26	0	19	21	N/A
3/31/2023	32	9	10	24	N/A
12/31/2022	38	19	0	27	N/A
9/30/2022	33	19	-22	21	N/A
6/30/2022	29	19	-43	14	N/A
3/31/2022	17	10	-32	7	N/A
12/31/2021	5	1	-21	1	N/A
9/30/2021	3	-2	-16	1	N/A
6/30/2021	1	-4	-12	0	N/A
3/31/2021	0	-3	-8	-1	N/A
12/31/2020	N/A	-2	-4	-1	N/A
9/30/2020	N/A	-2	-3	-1	N/A
6/30/2020	N/A	-1	-2	-2	N/A
3/31/2020	N/A	-2	-2	-2	N/A
12/31/2019	N/A	-3	-2	-2	N/A
9/30/2019	N/A	-2	N/A	-2	N/A
6/30/2019	N/A	-1	N/A	-1	N/A
3/31/2019	N/A	-1	N/A	-2	N/A
12/31/2018	N/A	-1	N/A	-2	N/A
9/30/2018	N/A	-2	N/A	-2	N/A
6/30/2018	N/A	-2	N/A	-3	N/A
3/31/2018	N/A	-3	N/A	-2	N/A
12/31/2017	N/A	-4	N/A	-2	N/A
6/30/2017	0	-2	N/A	-2	N/A
3/31/2017	0	-1	N/A	-2	N/A
12/31/2016	N/A	0	N/A	-3	N/A
9/30/2016	2	-1	N/A	-3	N/A
6/30/2016	4	-3	N/A	-4	N/A
3/31/2016	4	-6	N/A	-4	N/A
12/31/2015	4	-9	N/A	-5	N/A
9/30/2015	3	-10	N/A	-6	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ZPHR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.4%).

Earnings vs Market: ZPHR is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ZPHR is expected to become profitable in the next 3 years.

Revenue vs Market: ZPHR's revenue (74.3% per year) is forecast to grow faster than the UK market (4.8% per year).

High Growth Revenue: ZPHR's revenue (74.3% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if ZPHR's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/07/30 18:57
End of Day Share Price	2026/07/30 00:00
Earnings	2025/12/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Zephyr Energy plc is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Stephane Guy Foucaud	Auctus Advisors LLP
Charlie Sharp	Canaccord Genuity
Philip Hallam	Canaccord Genuity

Zephyr Energy Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Price target decreased by 14% to UK£0.12

Forecast breakeven date moved forward to 2026

Consensus EPS estimates fall by 11%, revenue upgraded

Price target increased by 8.6% to UK£0.14

Price target decreased by 7.4% to UK£0.12

Price target decreased by 7.1% to UK£0.13

Recent updates

Price target decreased by 14% to UK£0.12

Forecast breakeven date moved forward to 2026

Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind

Zephyr Energy plc, Annual General Meeting, Jul 29, 2026

Zephyr Energy PLC Provides Update On Paradox Project Pipeline Inspection And Regulatory Approval Process

New minor risk - Financial data availability

New major risk - Share price stability

Zephyr Energy plc's (LON:ZPHR) P/S Still Appears To Be Reasonable

Here's Why Zephyr Energy (LON:ZPHR) Can Afford Some Debt

Zephyr Energy plc Provides Paradox Project Update

Consensus EPS estimates fall by 11%, revenue upgraded

Price target increased by 8.6% to UK£0.14

First half 2025 earnings released: US$0.007 loss per share (vs US$0.002 loss in 1H 2024)

With Zephyr Energy plc (LON:ZPHR) It Looks Like You'll Get What You Pay For

Price target decreased by 7.4% to UK£0.12

Zephyr Energy plc (AIM:ZPHR) completed the acquisition of Mature non-operated production assets located across core Rocky Mountain basins.

New minor risk - Shareholder dilution

New major risk - Revenue and earnings growth

Price target decreased by 7.1% to UK£0.13

The Price Is Right For Zephyr Energy plc (LON:ZPHR)

Full year 2024 earnings: EPS and revenues miss analyst expectations

Zephyr Energy plc, Annual General Meeting, Jul 30, 2025

Zephyr Energy plc has completed a Follow-on Equity Offering in the amount of £10.5 million.

Zephyr Energy plc Provides Initial Post-Well Evaluation Results from the State 36-2R LNW -Cc-R Well At the Company's Project in the Paradox Basin, Utah, U.S

Zephyr Energy plc Provides Initial Results from the Production Test on the State 36-2 LNW-CC-R Well At the Company's Project in the Paradox Basin, Utah, U.S

Zephyr Energy plc Announces Ongoing Production Test on the State 36-2 LNW-CC-R Well

New minor risk - Financial data availability

Zephyr Energy plc Provides Paradox Project Update

Investors Interested In Zephyr Energy plc's (LON:ZPHR) Revenues

Zephyr Energy plc Announces Completion of Drilling Operations At the State 36-2 LNW-CC-R Well

Zephyr Energy plc Announces Commencement of Operations to Drill the Extended Lateral on the State 36-2 LNW-CC-R Well

Zephyr Energy plc Confirms Rig Mobilisation Underway

New major risk - Share price stability

What You Can Learn From Zephyr Energy plc's (LON:ZPHR) P/S After Its 26% Share Price Crash

Price target decreased by 7.0% to UK£0.13

New major risk - Revenue and earnings growth

Zephyr Energy plc Provides Paradox Project Update

Is Zephyr Energy (LON:ZPHR) A Risky Investment?

First half 2024 earnings released: US$0.002 loss per share (vs US$0.001 loss in 1H 2023)

New minor risk - Financial data availability

Analysts Just Made A Substantial Upgrade To Their Zephyr Energy plc (LON:ZPHR) Forecasts

Price target increased by 7.3% to UK£0.14

Zephyr Energy plc Announces Successful Results of State 36-2R Well Second Phase Production Test

Zephyr Energy plc Provides Salt Wash Helium Project Update

New major risk - Share price stability

Consensus revenue estimates fall by 13%

Zephyr Energy plc Announces Salt Wash Helium Project Update

Price target increased by 8.2% to UK£0.13

New minor risk - Market cap size

Zephyr Energy plc Provides Update on Initial Results from State 36-2R Production Test

Zephyr Energy plc Announces Commencement of the Well Production Test on the State 36-2R LNW-CC Well At the Company's Project in the Paradox Basin, Utah

Full year 2023 earnings: EPS and revenues miss analyst expectations

Zephyr Energy plc, Annual General Meeting, Jul 31, 2024

Zephyr Energy plc Provides an Update on Drilling Operations on the State 36-2R LNW-CC Well

Zephyr Energy plc Provides an Update on the State 36-2R Lnw-Cc Well At Its Project in the Paradox Basin, Utah

Zephyr Energy plc Receives Additional Grant Funding from the U.S. Department of Energy for Upcoming Operations on the State 36-2R LNW-CC Well at its Project in the Paradox Basin, Utah

Zephyr Energy plc Announces State 36-2R Well Drilling Operations Update

Zephyr Energy plc Provides State 36-2R Well Drilling Operations Update

Zephyr Energy plc Provides State 36-2R Well Drilling Update

Zephyr Energy plc Announces the Spud and Start of the Main Drilling Operation on the State 36-2 LNW-CC-R Well At Zephyr's Project in the Paradox Basin, Utah, U.S

Zephyr Energy plc Provides an Operational Update on the State 36-2 LNW-CC-R Well at its Project in the Paradox Basin, Utah, U.S

New minor risk - Financial data availability

Zephyr Energy plc Announces Executive Changes

Zephyr Energy plc Announces Commencement of Initial Drilling Operations

New major risk - Share price stability

Zephyr Energy plc's (LON:ZPHR) P/S Is Still On The Mark Following 28% Share Price Bounce

Zephyr Energy plc Provides an Update on Its Operated Project in the Paradox Basin, Utah, U.S

Price target decreased by 24% to UK£0.13

Zephyr Energy plc's (LON:ZPHR) Popularity With Investors Is Clear