Journey Energy (TSE:JOY) First Quarter 2024 Results

Key Financial Results

• Revenue: CA$43.9m (down 9.3% from 1Q 2023).

• Net income: CA$3.25m (down 50% from 1Q 2023).

• Profit margin: 7.4% (down from 13% in 1Q 2023).

• EPS: CA$0.05 (down from CA$0.11 in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Journey Energy shares are down 5.6% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Journey Energy, and understanding them should be part of your investment process.

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