Revenue: $12,3 million USD (down 48% from 1H 2022).
Net loss of $2.32 million (down 113% from 1H 2022’s profit of US$17.4 million).
Loss of US$0.001 per share (down from US$0.012 in the first half of 2022).
Revenue is anticipated to increase by 60% p.a. on average over the next three years, compared to a 2.6% decline predicted for the UK oil and gas industry.
You still need to be mindful of potential risks; for instance, Zephyr Energy has three red flags that we believe you should be aware of.
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