Barakah Offshore Petroleum Berhad Past Earnings Performance
Past criteria checks 2/6
Barakah Offshore Petroleum Berhad has been growing earnings at an average annual rate of 57.2%, while the Energy Services industry saw earnings growing at 26.2% annually. Revenues have been declining at an average rate of 14.5% per year. Barakah Offshore Petroleum Berhad's return on equity is 162.2%, and it has net margins of 32%.
Key information
57.2%
Earnings growth rate
58.7%
EPS growth rate
| Energy Services Industry Growth | 12.7% |
| Revenue growth rate | -14.5% |
| Return on equity | 162.2% |
| Net Margin | 32.0% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Barakah Offshore Petroleum Berhad's (KLSE:BARAKAH) Shares Leap 38% Yet They're Still Not Telling The Full Story
Nov 20
Is Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Using Too Much Debt?
Nov 11Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Might Not Be As Mispriced As It Looks After Plunging 29%
Sep 16Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Stock Rockets 38% As Investors Are Less Pessimistic Than Expected
Jul 30Barakah Offshore Petroleum Berhad's (KLSE:BARAKAH) P/S Is On The Mark
Jun 14Does Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Have A Healthy Balance Sheet?
Apr 04Revenue & Expenses Breakdown
How Barakah Offshore Petroleum Berhad makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 134 | 43 | 19 | 0 |
| 31 Mar 24 | 123 | -16 | 19 | 0 |
| 31 Dec 23 | 117 | -19 | 24 | 0 |
| 30 Sep 23 | 129 | -9 | 20 | 0 |
| 30 Jun 23 | 136 | -4 | 17 | 0 |
| 31 Mar 23 | 137 | 8 | 10 | 0 |
| 31 Dec 22 | 116 | 2 | 11 | 0 |
| 30 Sep 22 | 101 | -4 | 14 | 0 |
| 30 Jun 22 | 84 | 84 | 15 | 0 |
| 31 Mar 22 | 78 | 156 | 15 | 0 |
| 31 Dec 21 | 101 | 157 | 15 | 0 |
| 30 Sep 21 | 90 | 160 | 12 | 0 |
| 30 Jun 21 | 105 | 64 | 14 | 0 |
| 31 Mar 21 | 159 | -10 | 20 | 0 |
| 31 Dec 20 | 147 | 10 | 18 | 0 |
| 30 Sep 20 | 197 | 24 | 22 | 0 |
| 30 Jun 20 | 221 | 21 | 21 | 0 |
| 31 Mar 20 | 174 | -255 | -4 | 0 |
| 31 Dec 19 | 201 | -315 | 5 | 0 |
| 30 Sep 19 | 205 | -347 | 13 | 0 |
| 30 Jun 19 | 243 | -346 | 14 | 0 |
| 31 Dec 18 | 243 | -62 | 51 | 0 |
| 30 Sep 18 | 252 | -114 | 8 | 0 |
| 30 Jun 18 | 260 | -165 | 15 | 0 |
| 31 Mar 18 | 253 | -232 | 26 | 0 |
| 31 Dec 17 | 311 | -217 | 25 | 0 |
| 30 Sep 17 | 447 | -139 | 38 | 0 |
| 30 Jun 17 | 512 | -81 | 33 | 0 |
| 31 Mar 17 | 596 | 9 | 29 | 0 |
| 31 Dec 16 | 623 | 15 | 35 | 0 |
| 30 Sep 16 | 574 | 25 | 39 | 0 |
| 30 Jun 16 | 518 | 8 | 53 | 0 |
| 31 Mar 16 | 505 | 5 | 58 | 0 |
| 31 Dec 15 | 593 | 19 | 57 | 0 |
| 30 Sep 15 | 792 | 30 | 43 | 0 |
| 30 Jun 15 | 937 | 74 | 43 | 0 |
| 31 Mar 15 | 973 | 82 | 40 | 0 |
| 31 Dec 14 | 866 | 76 | 30 | 0 |
| 30 Sep 14 | 583 | 54 | 79 | 0 |
| 30 Jun 14 | 414 | 36 | 46 | 0 |
| 31 Mar 14 | 312 | 29 | 42 | 0 |
| 31 Dec 13 | 292 | 29 | 29 | 0 |
Quality Earnings: BARAKAH has a large one-off loss of MYR16.1M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: BARAKAH became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BARAKAH has become profitable over the past 5 years, growing earnings by 57.2% per year.
Accelerating Growth: BARAKAH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BARAKAH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (47.4%).
Return on Equity
High ROE: Whilst BARAKAH's Return on Equity (162.2%) is outstanding, this metric is skewed due to their high level of debt.