Deep Yellow First Half 2024 Earnings: AU$0.008 loss per share (vs AU$0.008 loss in 1H 2023)

In This Article:

Deep Yellow (ASX:DYL) First Half 2024 Results

Key Financial Results

  • Net loss: AU$6.19m (loss widened by 22% from 1H 2023).

  • AU$0.008 loss per share (in line with 1H 2023).

earnings-and-revenue-history
ASX:DYL Earnings and Revenue History March 15th 2024

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

Deep Yellow Earnings Insights

Looking ahead, revenue is forecast to grow 144% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Oil and Gas industry in Australia.

Performance of the Australian Oil and Gas industry.

The company's shares are down 7.1% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 4 warning signs for Deep Yellow (2 are concerning!) that you need to be mindful of.

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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.