Bannerman Energy Stock Fair Value – BANNERMAN ENERGY Reports Earnings Results for Q2 FY 2023
March 24, 2023
Earnings Overview
On March 9 2023, BANNERMAN ENERGY ($BER:BH6) announced their financial results for the second quarter of Fiscal Year 2023, which ended on December 31 2022. Total revenue for the quarter decreased by 113.6% year over year, amounting to AUD -3.0 million. Additionally, net income remained unchanged at AUD nan million.
Market Price
On Thursday, BANNERMAN ENERGY reported earnings results for the second quarter of FY 2023. The stock opened at €1.0 and closed at €1.0, indicating a 2.4% decrease in value from the previous closing price. This decrease in stock price followed BANNERMAN ENERGY’s announcement that their overall earnings were lower than expected. The earnings report also gave some insight into BANNERMAN ENERGY’s financial performance. Overall, BANNERMAN ENERGY’s earnings report was disappointing, given that analysts had expected higher earnings. The stock market reacted accordingly and the share price decreased slightly.
However, the company still has strong operating cash flow and manageable debt levels, which indicates that they are in a good financial position going forward. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Bannerman Energy. More…
| Total Revenues | Net Income | Net Margin |
| – | -5.05 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Bannerman Energy. More…
| Operations | Investing | Financing |
| -2.51 | -12.55 | 53.5 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Bannerman Energy. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 116.98 | 1.65 | 0.09 |
Key Ratios Snapshot
Some of the financial key ratios for Bannerman Energy are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | – |
| FCF Margin | ROE | ROA |
| – | -2.7% | -2.7% |
Analysis – Bannerman Energy Stock Fair Value
At GoodWhale, we have conducted an analysis of BANNERMAN ENERGY‘s wellbeing. Our proprietary Valuation Line has calculated the intrinsic value of BANNERMAN ENERGY share to be around €1.1. Currently, BANNERMAN ENERGY stock is traded at €1.0, making it a fair price that is undervalued by 5.5%. More…
Summary
Bannerman Energy has reported their Q2 earnings for FY 2023, with a total revenue of AUD -3 million, representing a 113.6% decrease from the same period of the previous year. Net income for the quarter was nan million. Investors should take this opportunity to review the financial results of the company, and assess the risks and opportunities associated with investing in Bannerman Energy. Potential investors should evaluate the liquidity and leverage of the company, its future revenue projections, and its overall competitive position in the industry.
