Trio Petroleum Past Earnings Performance
Past criteria checks 0/6
Trio Petroleum's earnings have been declining at an average annual rate of -75.6%, while the Oil and Gas industry saw earnings growing at 37.8% annually.
Key information
-75.6%
Earnings growth rate
-5.9%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | n/a |
| Return on equity | -82.2% |
| Net Margin | n/a |
| Last Earnings Update | 31 Jan 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Trio Petroleum 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 |
|---|---|---|---|---|
| 31 Jan 24 | 0 | -7 | 6 | 0 |
| 31 Oct 23 | 0 | -7 | 5 | 0 |
| 31 Jul 23 | 0 | -6 | 3 | 0 |
| 30 Apr 23 | 0 | -4 | 1 | 0 |
| 31 Jan 23 | 0 | -4 | 1 | 0 |
| 31 Oct 22 | 0 | -4 | 1 | 0 |
Quality Earnings: TPET is currently unprofitable.
Growing Profit Margin: TPET is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if TPET's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare TPET's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TPET is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-37.9%).
Return on Equity
High ROE: TPET has a negative Return on Equity (-82.17%), as it is currently unprofitable.