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IN BRIEF: SDX Energy swings to annual loss on higher one-off costs

18th Mar 2022 17:29

SDX Energy PLC - London-based oil and gas company with projects in Egypt and Morocco - Revenue in 2021 rises to USD53.9 million from USD46.1 million. Swings to pretax loss of USD17.1 million from USD1.4 million profit. Exploration and evaluation expense increases to USD14.1 million from USD5.8 million. Depletion, depreciation and amortisation charges up to USD32.6 million from USD25.2 million. In addition, company posts USD9.5 million impairment expense, against none in year prior.

Current stock price: 8.15 pence

12-month change: down 53%

By Eric Cunha; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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SDX Energy
FTSE 100 Latest
Value8,809.74
Change53.53