Yahoo Finance New Zealand Oil & Gas Reports Full Year 2023 Earnings
New Zealand Oil & Gas (NZSE:NZO) Full Year 2023 Results
Key Financial Results
Revenue: NZ$98.8m (up 18% from FY 2022).
Net income: NZ$10.8m (down 37% from FY 2022).
Profit margin: 11% (down from 21% in FY 2022). The decrease in margin was driven by higher expenses.
All figures shown in the chart above are for the trailing 12 month (TTM) period
New Zealand Oil & Gas shares are up 1.3% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for New Zealand Oil & Gas that you should be aware of.
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