Zephyr Energy (LON:ZPHR) First Half 2024 Results

Key Financial Results

• Revenue: US$12.5m (up 1.1% from 1H 2023).

• Net loss: US$3.01m (loss widened by 30% from 1H 2023).

• US$0.002 loss per share (further deteriorated from US$0.001 loss in 1H 2023).

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

Zephyr Energy Earnings Insights

Looking ahead, revenue is forecast to grow 52% p.a. on average during the next 3 years, compared to a 1.2% decline forecast for the Oil and Gas industry in the United Kingdom.

Performance of the British Oil and Gas industry.

The company's shares are up 9.1% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 4 warning signs for Zephyr Energy (1 is a bit concerning!) that you need to be mindful of.

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