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Reconnaissance Energy Africa Ltd (RECO)

	Symbol	Exchange	Currency
	RECO	TSXV	CAD	Delayed
	RECAF	OTC Markets	USD	Delayed

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0.8800 -0.0300 -3.30%

13:10:00 - Delayed Data. Currency in CAD ( Disclaimer )

Volume: 180,287
Bid/Ask: 0.8700 / 0.8800
Day's Range: 0.8800 - 0.9300

Type: Equity

Market: Canada

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RECO Financial Summary

A brief financial summary of Reconnaissance Energy Africa Ltd as well as the most significant critical numbers from each of its financial reports. In addition, some financial ratios derived from these reports are featured. Users can opt to see 4 periods of either annual or quarterly information.

Reconnaissance Energy Africa Ltd. reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported net income was CAD 17.52 million compared to CAD 12.93 million a year ago. Basic earnings per share from continuing operations was CAD 0.04 compared to CAD 0.02 a year ago. Diluted earnings per share from continuing operations was CAD 0.04 compared to CAD 0.02 a year ago.For the six months, net income was CAD 31.37 million compared to CAD 27.26 million a year ago. Basic earnings per share from continuing operations was CAD 0.07 compared to CAD 0.08 a year ago. Diluted earnings per share from continuing operations was CAD 0.07 compared to CAD 0.08 a year ago.

Annual Quarterly

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Advanced Financial Summary

TTM = Trailing Twelve Months

MRQ = Most Recent Quarter

RECO Income Statement

Gross margin TTM 40.79%

Operating margin TTM -538.41%

Net Profit margin TTM 542.82%

Return on Investment TTM 0%

Total Revenue Net Income

Period Ending:	Sep 30, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022
Total Revenue		0.784	1.51	1.69
Gross Profit	-0.217		-0.544	0.583
Operating Income	-7.65	-8.84	-10.24	-12.47
Net Income	-17.52		-12.93	-14.32

RECO Balance Sheet

Quick Ratio MRQ 1.59

Current Ratio MRQ 3.74

LT Debt to Equity MRQ -

Total Debt to Equity MRQ -

Total Assets Total Liabilities

Period Ending:	Sep 30, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022
Total Assets	188.59		190.35	186.59
Total Liabilities	123.68		83.39	68.95
Total Equity	64.9		106.96	117.64

RECO Cash Flow Statement

Cash Flow/Share TTM 0.05

Revenue/Share TTM 0.02

Operating Cash Flow 0.00%

Cash Net Change in Cash

Period Ending:	Sep 30, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022
Period Length:	0 Months	0 Months	0 Months	0 Months
Cash From Operating Activities			-0.279	-1.12
Cash From Investing Activities			-15.32	-10.38
Cash From Financing Activities		0.006	0.133	1.41
Net Change in Cash		-12.95	-15.43	-10.02

* In Millions of CAD (except for per share items)

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View advanced insights on financial statements, including growth rates and metrics that provide an in-depth view of the company's historical and forecasted financial performance.

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RECO Comments

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Henry KF Sep 01, 2022 21:19

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drilled

3 0

Henry KF Sep 01, 2022 12:06

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well completed

0 0

Henry KF Sep 01, 2022 12:06

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another well completed, shorts scrambling to cover before news

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Henry KF Jun 22, 2022 13:44

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drilling

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Robert van Campenhout Mar 08, 2022 17:51

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why when oil soars they drop

1 1

Jaeden Merkel Mar 08, 2022 17:51

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they haven't found oil yet it isn't tied with oil

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Announcer Show Jan 17, 2022 13:10

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hi

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George Sklifas Jan 13, 2022 1:47

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Hi

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Jaeden Merkel Jan 13, 2022 1:47

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hello

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Steven Debaets Jun 03, 2021 3:23

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Oil confirmed in well 1 and 2

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Vladimir Boyko Apr 18, 2021 14:04

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This is going to be huge

5 0

Garrett Grosvenor Apr 16, 2021 6:55

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Still a buy?

6 1

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