Boss Energy Limited ( (AU:BOE) ) has provided an announcement.
Boss Energy Limited reported a significant increase in revenue from uranium oxide sales, rising by 100% to $47.8 million for the half-year ended December 31, 2024. Despite this revenue growth, the company experienced a downturn in profitability, with a loss after tax of $9.5 million, down 116% from the previous year. The net tangible assets per share slightly decreased to $1.23, and no dividends were declared. This financial performance suggests challenges in converting increased sales into profit, impacting stakeholders’ expectations.
More about Boss Energy Limited
Boss Energy Limited operates in the energy sector, focusing primarily on the production and sale of uranium oxide. The company is involved in a joint venture, holding a 30% interest in JV Alta Mesa LLC in the United States, indicating its strategic market focus on uranium and related energy resources.
YTD Price Performance: 4.67%
Average Trading Volume: 22,184
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $706.5M
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