Financial Highlights
GROUP
| US$'000 | FY2024 | FY2023 |
|---|---|---|
| Revenue from sale of crude oil and gas | 298,135 | 222,387^ |
| Adjusted EBITDA# | 160,425 | 109,189^ |
| Loss for the year, net of tax | (50,204) | (69,362) |
| Total comprehensive loss for the year, net of tax | (48,780) | (71,847) |
| Loss per share (US cents) | (3.15) | (4.91) |
| US$'000 | 31 Dec 2024 | 31 Dec 2023 |
|---|---|---|
| Non-current assets | 326,728 | 403,500 |
| Current assets | 245,551 | 209,723 |
| Total assets | 572,279 | 613,223 |
| Non-current liabilities | 401,143 | 365,245 |
| Current liabilities | 107,172 | 133,211 |
| Total liabilities | 508,315 | 498,456 |
| Net asset value ("NAV")* | 63,964 | 114,767 |
| Total equity | 63,964 | 114,767 |
| NAV per share (US cents) | 4.91 | 8.81 |
# Adjusted EBITDA = Net loss + Interests + Taxes + Depletion + Depreciation + Amortisation + Impairments
* Net asset value as disclosed above includes non-controlling interests
^ Please refer to the Financial Statements in Annual Report FY2024 for more information