In This Article:
InPlay Oil (TSE:IPO) Third Quarter 2024 Results
Key Financial Results
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Revenue: CA$30.1m (down 27% from 3Q 2023).
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Net income: CA$146.0k (down 98% from 3Q 2023).
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Profit margin: 0.5% (down from 18% in 3Q 2023). The decrease in margin was driven by lower revenue.
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EPS: CA$0.002 (down from CA$0.084 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
InPlay Oil Earnings Insights
Looking ahead, revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Oil and Gas industry in Canada.
Performance of the Canadian Oil and Gas industry.
The company's shares are down 3.4% from a week ago.
Risk Analysis
You should learn about the 3 warning signs we've spotted with InPlay Oil (including 1 which is a bit concerning).
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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.