OPAL Fuels (NASDAQ:OPAL) Full Year 2024 Results
Key Financial Results
- Revenue: US$300.0m (up 17% from FY 2023).
- Net income: US$561.0k (down 97% from FY 2023).
- Profit margin: 0.2% (down from 7.4% in FY 2023).
- EPS: US$0.02 (down from US$0.70 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
OPAL Fuels Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 95%.
The primary driver behind last 12 months revenue was the Fuel Station Services segment contributing a total revenue of US$185.8m (62% of total revenue). Notably, cost of sales worth US$217.8m amounted to 73% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$54.3m (67% of total expenses). Explore how OPAL's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Oil and Gas industry in the US.
Performance of the American Oil and Gas industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
You should learn about the 3 warning signs we've spotted with OPAL Fuels (including 1 which shouldn't be ignored).
Valuation is complex, but we're here to simplify it.
Discover if OPAL Fuels might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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