In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Reach Energy Berhad has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

KLSE:REACH - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2024	203	-286	-12	37	N/A
6/30/2024	216	-227	4	48	N/A
3/31/2024	212	-188	13	33	N/A
12/31/2023	209	-208	10	50	N/A
9/30/2023	220	-156	4	44	N/A
6/30/2023	193	-146	-19	35	N/A
3/31/2023	166	-184	-33	32	N/A
12/31/2022	169	-157	-23	30	N/A
9/30/2022	169	-52	-55	25	N/A
6/30/2022	171	-70	-31	47	N/A
3/31/2022	179	-73	-8	60	N/A
12/31/2021	151	-53	-2	57	N/A
9/30/2021	119	-65	70	87	N/A
6/30/2021	94	-90	9	15	N/A
3/31/2021	80	-113	18	21	N/A
12/31/2020	80	-129	-14	1	N/A
9/30/2020	95	-146	-30	-9	N/A
6/30/2020	113	-132	0	21	N/A
3/31/2020	143	-111	-3	26	N/A
12/31/2019	171	-128	15	52	N/A
9/30/2019	202	-63	6	48	N/A
6/30/2019	208	-56	17	62	N/A
3/31/2019	229	-34	20	68	N/A
12/31/2018	220	-42	23	58	N/A
9/30/2018	201	-66	-9	16	N/A
6/30/2018	182	-73	N/A	0	N/A
3/31/2018	155	-99	N/A	-47	N/A
12/31/2017	157	-88	N/A	-71	N/A
9/30/2017	122	94	N/A	-13	N/A
6/30/2017	100	105	N/A	-18	N/A
3/31/2017	60	111	N/A	5	N/A
12/31/2016	15	113	N/A	18	N/A
12/31/2015	N/A	-23	N/A	-8	N/A
7/31/2015	N/A	-11	N/A	-9	N/A
4/30/2015	N/A	-21	N/A	-8	N/A
1/31/2015	N/A	-31	N/A	-7	N/A
10/31/2014	N/A	-30	N/A	-6	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if REACH's forecast earnings growth is above the savings rate (3.6%).

Earnings vs Market: Insufficient data to determine if REACH's earnings are forecast to grow faster than the MY market

High Growth Earnings: Insufficient data to determine if REACH's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if REACH's revenue is forecast to grow faster than the MY market.

High Growth Revenue: Insufficient data to determine if REACH's revenue 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 REACH's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 18:23
End of Day Share Price	2025/01/02 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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 here.

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 .

Analyst Sources

Reach Energy Berhad is covered by 2 analysts. 0 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
Ping Goh	Hong Leong Investment Bank Berhad
Sin Lim	Hong Leong Investment Bank Berhad

Reach Energy Berhad Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Recent updates

Bursa Securities Approves Extension Request Regarding Reach Energy Berhad Regularisation Plan

Investors Give Reach Energy Berhad (KLSE:REACH) Shares A 33% Hiding

New major risk - Market cap size

Second quarter 2024 earnings released: RM0.003 loss per share (vs RM0.015 profit in 2Q 2023)

Is Reach Energy Berhad (KLSE:REACH) Weighed On By Its Debt Load?

First quarter 2024 earnings released: RM0.003 loss per share (vs RM0.013 loss in 1Q 2023)

Investors Continue Waiting On Sidelines For Reach Energy Berhad (KLSE:REACH)

Reach Energy Berhad, Annual General Meeting, Jun 27, 2024

Is Reach Energy Berhad (KLSE:REACH) Using Too Much Debt?

Full year 2023 earnings released: RM0.10 loss per share (vs RM0.14 loss in FY 2022)

Cautious Investors Not Rewarding Reach Energy Berhad's (KLSE:REACH) Performance Completely

Third quarter 2023 earnings released: EPS: RM0.003 (vs RM0.015 in 3Q 2022)

Does Reach Energy Berhad (KLSE:REACH) Have A Healthy Balance Sheet?

Reach Energy Berhad Announces End of Employment Contract of Tan Siew Chaing as Chief Executive Officer

A Piece Of The Puzzle Missing From Reach Energy Berhad's (KLSE:REACH) 33% Share Price Climb

Second quarter 2023 earnings released: EPS: RM0.02 (vs RM0.005 loss in 2Q 2022)

Does Reach Energy Berhad (KLSE:REACH) Have A Healthy Balance Sheet?

Reach Energy Berhad Announces Resignation of Tan Lai Hong as Joint Secretary, Date of Change 16 July 2023

High number of new and inexperienced directors

Reach Energy Berhad Appoints Yau Shu Shan as Independent and Non Executive Director

First quarter 2023 earnings released: RM0.01 loss per share (vs RM0 in 1Q 2022)

Is Reach Energy Berhad (KLSE:REACH) Using Debt In A Risky Way?

Full year 2022 earnings released: RM0.21 loss per share (vs RM0.049 loss in FY 2021)

Third quarter 2022 earnings released: EPS: RM0.02 (vs RM0.001 loss in 3Q 2021)

High number of new directors

Second quarter 2022 earnings released: RM0.005 loss per share (vs RM0.008 loss in 2Q 2021)

Is Reach Energy Berhad (KLSE:REACH) A Risky Investment?

First quarter 2022 earnings: Revenues miss analyst expectations

Is Reach Energy Berhad (KLSE:REACH) A Risky Investment?

Reach Energy Berhad, Annual General Meeting, Jun 28, 2022

High number of new directors

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Reach Energy Berhad (KLSE:REACH) Has Debt But No Earnings; Should You Worry?

Third quarter 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

High number of new directors

High number of new directors

Is Reach Energy Berhad (KLSE:REACH) Using Debt In A Risky Way?

Second quarter 2021 earnings released: RM8.00 loss per share (vs RM0.03 loss in 2Q 2020)

Executive Director & Technical Director Ku Bin Ku Akil has left the company

First quarter 2021 earnings released: EPS RM0.02 (vs RM0.004 in 1Q 2020)

Full year 2020 earnings released: RM0.11 loss per share (vs RM0.12 loss in FY 2019)

Reach Energy Berhad Announces the Resignation of Ir Shahul Hamid Bin Mohd Ismail as Chief Executive Officer

Reach Energy Berhad Announces the Resignation of Shahul Hamid Bin Mohd Ismail as Executive Member of Risk Committee

Reach Energy Berhad Announces the Appointment of Dato' Jasmy Bin Ismail as Independent and Non Executive Member of Audit Committee

First half earnings released

Reach Energy Berhad Auditor Raises 'Going Concern' Doubt

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources