88 Energy Stock Gross Profit

88E Stock   0.09  0  2.78%   
88 Energy fundamentals help investors to digest information that contributes to 88 Energy's financial success or failures. It also enables traders to predict the movement of 88E Stock. The fundamental analysis module provides a way to measure 88 Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to 88 Energy stock.
Last ReportedProjected for Next Year
Gross Profit-64.2 K-67.4 K
As of November 24, 2024, Gross Profit is expected to decline to about (67.4 K).
  
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88 Energy Company Gross Profit Analysis

88 Energy's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current 88 Energy Gross Profit

    
  2.5 K  
Most of 88 Energy's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, 88 Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, 88 Energy reported 2.5 K of gross profit. This is 100.0% lower than that of the Oil, Gas & Consumable Fuels sector and 100.0% lower than that of the Energy industry. The gross profit for all United Kingdom stocks is 100.0% higher than that of the company.

88E Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 88 Energy's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of 88 Energy could also be used in its relative valuation, which is a method of valuing 88 Energy by comparing valuation metrics of similar companies.
88 Energy is currently under evaluation in gross profit category among its peers.

88E Fundamentals

About 88 Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze 88 Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 88 Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 88 Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in 88E Stock

88 Energy financial ratios help investors to determine whether 88E Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 88E with respect to the benefits of owning 88 Energy security.