Stock Analysis
- South Africa
- /
- Oil and Gas
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- JSE:REN
Renergen Full Year 2024 Earnings: R0.75 loss per share (vs R0.20 loss in FY 2023)
Renergen (JSE:REN) Full Year 2024 Results
Key Financial Results
- Net loss: R110.3m (loss widened by 313% from FY 2023).
- R0.75 loss per share (further deteriorated from R0.20 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Renergen Earnings Insights
Looking ahead, revenue is forecast to grow 85% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Oil and Gas industry in Africa.
Performance of the market in South Africa.
The company's shares are down 6.7% from a week ago.
Risk Analysis
Be aware that Renergen is showing 5 warning signs in our investment analysis and 1 of those is significant...
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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 JSE:REN
Renergen
An investment holding company, engages in the alternative and renewable energy businesses in South Africa and sub-Saharan Africa.
Mediocre balance sheet with limited growth.