RE: DW12 Nov 2019 17:36
206% revenue growth what are we worried about :-)
Is 88 Energy Limited Growing?
Over the last three years 88 Energy Limited has shrunk its earnings per share by an average of 3.3% per year (measured with a line of best fit). It achieved revenue growth of 206% over the last year.
As investors, we are a bit wary of companies that have lower earnings per share, over three years. On the other hand, the strong revenue growth suggests the business is growing. These two metric are moving in different directions, so while it’s hard to be confident judging performance, we think the stock is worth watching.