London · Delayed Price · Currency is GBP · Price in GBX Jadestone Energy Earnings Call Transcripts
Fiscal Year 2025
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Record production and improved cost control drove a 23% revenue increase and $32.8 million profit in H1 2025, with strong operational performance across key assets. Guidance for production, costs, and free cash flow is reiterated, and growth projects in Vietnam and Indonesia are advancing.
Fiscal Year 2024
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Record 2024 production and reserves replacement drove strong revenue and EBITDA growth, with 2025 off to a robust start. Cost control, asset sales, and new financing enhanced liquidity, while operational focus remains on high-return projects and resilience amid oil price volatility.
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Production grew 37% year-over-year, with revenues more than doubling to $200 million and Akatara gas project now online. Portfolio diversification and asset improvements underpin a strong outlook, though net debt rose to $69 million due to investments.