Originally Posted by
silverblizzard888
Stocks got a lot of potential in the long run from the energy sector, but based off there recent result and forecast for the current financial year I'm not sure I get where the fuss is considering the market cap is $638m, but only a $10m profit that doesn't look like it'll be growing too much in the current financial year, though probably valued based off a revenue multiple.
Decent gains for those holding, this is a stock I would of had trouble picking, but nice work to those who saw the vision. This stock has gone from $1.35 in September 2022 to $6.19 today thats a 358% gain in 16 months.
Market cap: $638m
Revenue: $169.9m up 34.5% on FY22
EBITDA: $23.2m up $15.1m over FY22
Statutory NPAT: $10.0m profit v $3.3m loss in FY22
FY24 guidance
Revenue $170m
EBITDA between $20.5m and $25.5m.