Empire Energy Group Limited
Empire Energy Group Limited (EEGUF) Financial Performance & Income Statement Overview
Analyze Empire Energy Group Limited (EEGUF) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
Empire Energy Group Limited (EEGUF) Income Statement & Financial Overview
Access detailed annual and quarterly income data for Empire Energy Group Limited EEGUF financial performance.
| Metric | Q2 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|
| Revenue | $0.00 | $1.43M | $1.43M | $3.23M |
| Cost of Revenue | $140582.00 | $1.44M | $1.44M | $6.89M |
| Gross Profit | -$140582.00 | -$16664.00 | -$16664.00 | -$3.66M |
| Gross Profit Ratio | -$0.01 | -$0.01 | -$1.13 | |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $9.32M | $5.55M | $5.55M | $3.77M |
| Operating Expenses | $9.32M | $6.19M | $6.19M | $3.77M |
| Total Costs & Expenses | $9.32M | $7.63M | $7.63M | $10.67M |
| Interest Income | $0.00 | $254031.00 | $617421.00 | $54523.00 |
| Interest Expense | $0.00 | $940799.00 | $0.00 | $998843.00 |
| Depreciation & Amortization | $22039.00 | $1.29M | $1.29M | $1.27M |
| EBITDA | -$9.44M | -$5.24M | -$5.24M | -$6.16M |
| EBITDA Ratio | -$3.67 | -$3.67 | -$1.90 | |
| Operating Income | -$9.32M | -$6.52M | -$6.52M | -$7.43M |
| Operating Income Ratio | -$4.57 | -$4.57 | -$2.30 | |
| Other Income/Expenses (Net) | $1.02M | -$302901.00 | -$302901.00 | -$745625.00 |
| Income Before Tax | -$8.30M | -$6.83M | -$6.83M | -$8.18M |
| Income Before Tax Ratio | -$4.79 | -$4.79 | -$2.53 | |
| Income Tax Expense | $136539.00 | $60754.00 | $60754.00 | $129605.00 |
| Net Income | -$2.31M | -$6.89M | -$6.89M | -$8.31M |
| Net Income Ratio | -$4.83 | -$4.83 | -$2.57 | |
| EPS | -$0.010 | -$0.009 | -$0.009 | -$0.01 |
| Diluted EPS | -$0.010 | -$0.009 | -$0.009 | -$0.01 |
| Weighted Avg Shares Outstanding | $851.83M | $769.47M | $769.47M | $773.12M |
| Weighted Avg Shares Outstanding (Diluted) | $851.83M | $773.12M | $773.12M | $773.12M |
Financial performance has remained strong, with revenue growing from $3.23M in Q2 2023 to $0.00 in Q2 2024. Gross profit continued to perform well, with margins at N/A in the latest quarter. Operating income reached -$9.32M in Q2 2024, holding a steady N/A margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at -$9.44M. Net income rose to -$2.31M, keeping EPS at -$0.010. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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