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Otto Energy Full Year 2023 Earnings: US$0.001 loss per share (vs US$0.003 profit in FY 2022)

Otto Energy (ASX:OEL) Full Year 2023 Results

Key Financial Results

  • Revenue: US$33.4m (down 18% from FY 2022).

  • Net loss: US$7.01m (down by 145% from US$15.5m profit in FY 2022).

  • US$0.001 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

Otto Energy shares are up 5.3% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Otto Energy you should be aware of.

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.