Horisont Energi Past Earnings Performance
Past criteria checks 0/6
Horisont Energi's earnings have been declining at an average annual rate of -33.5%, while the Oil and Gas industry saw earnings growing at 35.9% annually. Revenues have been growing at an average rate of 85.7% per year.
Key information
-33.5%
Earnings growth rate
-36.5%
EPS growth rate
| Oil and Gas Industry Growth | 39.7% |
| Revenue growth rate | 85.7% |
| Return on equity | -105.7% |
| Net Margin | -1,542.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Horisont Energi 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 Sep 24 | 7 | -108 | 85 | 0 |
| 30 Jun 24 | 5 | -124 | 87 | 0 |
| 31 Mar 24 | 5 | -153 | 87 | 0 |
| 31 Dec 23 | 5 | -193 | 79 | 0 |
| 30 Sep 23 | 0 | -226 | 63 | 0 |
| 30 Jun 23 | 0 | -202 | 54 | 0 |
| 31 Mar 23 | 0 | -174 | 46 | 0 |
| 31 Dec 22 | 0 | -134 | 41 | 0 |
| 30 Sep 22 | 0 | -100 | 25 | 0 |
| 30 Jun 22 | 0 | -102 | 17 | 0 |
| 31 Mar 22 | 0 | -79 | 13 | 0 |
| 31 Dec 21 | 0 | -52 | 9 | 0 |
| 31 Dec 20 | 0 | -4 | 6 | 0 |
Quality Earnings: HRGI is currently unprofitable.
Growing Profit Margin: HRGI is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HRGI is unprofitable, and losses have increased over the past 5 years at a rate of 33.5% per year.
Accelerating Growth: Unable to compare HRGI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HRGI is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-13.9%).
Return on Equity
High ROE: HRGI has a negative Return on Equity (-105.72%), as it is currently unprofitable.