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Energy World Full Year 2023 Earnings: US$0.018 loss per share (vs US$0.003 profit in FY 2022)

Energy World (ASX:EWC) Full Year 2023 Results

Key Financial Results

  • Revenue: US$34.9m (down 76% from FY 2022).

  • Net loss: US$50.5m (down from US$8.91m profit in FY 2022).

  • US$0.018 loss per share (down from US$0.003 profit in FY 2022).

earnings-and-revenue-history
earnings-and-revenue-history

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

The primary driver behind last 12 months revenue was the Indonesia - Power segment contributing a total revenue of US$23.0m (66% of total revenue). The most substantial expense, totaling US$44.3m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how EWC's revenue and expenses shape its earnings.

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Energy World's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 5 warning signs for Energy World (3 are a bit unpleasant!) that we have uncovered.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.