Interoil Exploration and Production Reports Full Year 2024 Earnings

Interoil Exploration and Production (OB:IOX) Full Year 2024 Results

Key Financial Results

• Revenue: US$16.8m (down 13% from FY 2023).
• Net loss: US$13.8m (loss narrowed by 3.5% from FY 2023).

This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.

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

The primary driver behind last 12 months revenue was the Colombia segment contributing a total revenue of US$9.00m (54% of total revenue). Notably, cost of sales worth US$13.8m amounted to 82% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling US$8.88m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how IOX's revenue and expenses shape its earnings.

Interoil Exploration and Production shares are up 23% from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for Interoil Exploration and Production that you should be aware of before investing here.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.