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UK Oil & Gas PLC

UKOG.L•LSE
Energy
Oil & Gas Exploration & Production
£0.01
£-0.00(-11.30%)
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Over the last four quarters, UK Oil & Gas PLC achieved steady financial progress, growing revenue from $869000.00 in Q4 2022 to $627000.00 in Q2 2024. Gross profit stayed firm with margins at 35% in Q2 2024 versus 9% in Q4 2022. Operating income totaled -$1.06M in Q2 2024, maintaining a -169% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$905000.00. Net income rose to -$1.22M, with EPS at -$0.00. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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