Coelacanth Energy Full Year 2023 Earnings: CA$0.01 loss per share (vs CA$0.031 loss in FY 2022)
Coelacanth Energy (CVE:CEI) Full Year 2023 Results
Key Financial Results
Net loss: CA$6.57m (loss narrowed by 41% from FY 2022).
CA$0.01 loss per share (improved from CA$0.031 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Coelacanth Energy Earnings Insights
Looking ahead, revenue is forecast to grow 81% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Oil and Gas industry in Canada.
Performance of the Canadian Oil and Gas industry.
The company's shares are up 6.4% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 4 warning signs for Coelacanth Energy (of which 2 don't sit too well with us!) you should know about.
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