Royale Energy Past Earnings Performance
Past criteria checks 0/6
Royale Energy has been growing earnings at an average annual rate of 40.9%, while the Oil and Gas industry saw earnings growing at 36.8% annually. Revenues have been declining at an average rate of 6.7% per year.
Key information
40.9%
Earnings growth rate
46.1%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | -6.7% |
| Return on equity | n/a |
| Net Margin | -123.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Royale Energy 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 Dec 23 | 2 | -3 | 3 | 0 |
| 30 Sep 23 | 3 | -1 | 2 | 0 |
| 30 Jun 23 | 3 | -1 | 2 | 0 |
| 31 Mar 23 | 3 | 0 | 2 | 0 |
| 31 Dec 22 | 3 | -1 | 3 | 0 |
| 30 Sep 22 | 2 | -3 | 3 | 0 |
| 30 Jun 22 | 2 | -3 | 3 | 0 |
| 31 Mar 22 | 2 | -4 | 3 | 0 |
| 31 Dec 21 | 2 | -4 | 3 | 0 |
| 30 Sep 21 | 2 | -11 | 3 | 0 |
| 30 Jun 21 | 2 | -11 | 4 | 0 |
| 31 Mar 21 | 2 | -10 | 4 | 0 |
| 31 Dec 20 | 2 | -9 | 4 | 0 |
| 30 Sep 20 | 2 | -1 | 3 | 0 |
| 30 Jun 20 | 2 | 2 | 3 | 0 |
| 31 Mar 20 | 2 | 3 | 3 | 0 |
| 31 Dec 19 | 3 | -1 | 3 | 0 |
| 30 Sep 19 | 3 | -5 | 4 | 0 |
| 30 Jun 19 | 3 | -6 | 5 | 0 |
| 31 Mar 19 | 4 | -26 | 5 | 0 |
| 31 Dec 18 | 3 | -24 | 6 | 0 |
| 30 Sep 18 | 3 | -22 | 5 | 0 |
| 30 Jun 18 | 2 | -23 | 5 | 0 |
| 31 Mar 18 | 1 | -3 | 5 | 0 |
| 31 Dec 17 | 1 | -2 | 4 | 0 |
| 30 Sep 17 | 1 | -3 | 4 | 0 |
| 30 Jun 17 | 1 | -4 | 4 | 0 |
| 31 Mar 17 | 1 | -5 | 4 | 0 |
| 31 Dec 16 | 1 | -4 | 4 | 0 |
| 30 Sep 16 | 1 | -2 | 4 | 0 |
| 30 Jun 16 | 1 | -1 | 4 | 0 |
| 31 Mar 16 | 2 | -2 | 4 | 0 |
| 31 Dec 15 | 2 | -2 | 5 | 0 |
| 30 Sep 15 | 2 | -4 | 5 | 0 |
| 30 Jun 15 | 2 | -4 | 5 | 0 |
| 31 Mar 15 | 3 | -3 | 5 | 0 |
| 31 Dec 14 | 3 | -2 | 5 | 0 |
| 30 Sep 14 | 3 | 0 | 4 | 0 |
| 30 Jun 14 | 3 | 0 | 4 | 0 |
| 31 Mar 14 | 3 | 2 | 4 | 0 |
| 31 Dec 13 | 3 | 1 | 4 | 0 |
| 30 Sep 13 | 2 | -9 | 4 | 0 |
| 30 Jun 13 | 2 | -10 | 4 | 0 |
Quality Earnings: ROYL is currently unprofitable.
Growing Profit Margin: ROYL is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ROYL is unprofitable, but has reduced losses over the past 5 years at a rate of 40.9% per year.
Accelerating Growth: Unable to compare ROYL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ROYL is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-25.4%).
Return on Equity
High ROE: ROYL's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.