Viva Energy Group Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

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editorial-team@simplywallst.com (Simply Wall St)

Wed, Feb 26, 2025, 2:04 PM 1 min read

Viva Energy Group (ASX:VEA) Full Year 2024 Results

Key Financial Results

Revenue: AU$30.1b (up 13% from FY 2023).
Net loss: AU$76.3m (down from AU$3.80m profit in FY 2023).
AU$0.048 loss per share (down from AU$0.002 profit in FY 2023).

revenue-and-expenses-breakdown — ASX:VEA Revenue and Expenses Breakdown February 26th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Viva Energy Group Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates.

The primary driver behind last 12 months revenue was the Commercial & Industrial segment contributing a total revenue of AU$18.7b (62% of total revenue). Notably, cost of sales worth AU$27.2b amounted to 90% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to AU$1.93b (65% of total expenses). Explore how VEA's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 7.2% growth forecast for the Oil and Gas industry in Australia.

Performance of the Australian Oil and Gas industry.

The company's shares are down 27% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Viva Energy Group you should be aware of.

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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.