- Norway
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- Energy Services
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- OB:PSE
Petrolia Full Year 2023 Earnings: EPS: US$0.037 (vs US$0.027 loss in FY 2022)
Petrolia (OB:PSE) Full Year 2023 Results
Key Financial Results
- Revenue: US$55.0m (down 1.0% from FY 2022).
- Net income: US$2.16m (up from US$1.57m loss in FY 2022).
- Profit margin: 3.9% (up from net loss in FY 2022).
- EPS: US$0.037 (up from US$0.027 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Petrolia's share price is broadly unchanged from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Petrolia, and understanding this should be part of your investment process.
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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.
About OB:PSE
Petrolia
Sells and rents energy service equipment to energy industry in Norway, rest of Europe, Asia, and Australia.
Flawless balance sheet with solid track record.
