2 weeks Ago By Simply Wall St.
Key Financial Results Revenue: AU$1.80b (down 35% from FY 2023). Net income: AU$475.
9m (down 56% from FY 2023). Profit margin: 26% (down from 40% in FY 2023). The decrease in margin was driven by lower revenue.
EPS: AU$0.56 (down from AU$1.26 in FY 2023).
New Hope Revenues Beat Expectations, EPS Falls Short Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) missed analyst estimates by 1.
5%. The primary driver behind last 12 months revenue was the Coal Mining NSW segment contributing a total revenue of AU$1.56b (87% of total revenue).
Notably, cost of sales worth AU$906.2m amounted to 50% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling AU$230.
6m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Looking ahead, revenue is forecast to grow 3.
2% p.a. on average during the next 3 years, compared to a 7.
5% growth forecast for the Oil and Gas industry in Australia. The company's shares are up 10% from a week ago. Risk Analysis It's necessary to consider the ever-present spectre of investment risk.
, and understanding them should be part of your investment process..
