Income Statement Cooper Energy Limited

Equities

COE

AU000000COE2

Oil & Gas Exploration and Production

Market Closed - Australian S.E. Other stock markets 07:10:52 12/09/2024 BST			5-day change	1st Jan Change
0.1800 ^AUD	0.00%		-2.70%	+38.46%

08-27	Cooper Energy's Fiscal 2024 Loss Widens	MT
08-27	Transcript : Cooper Energy Limited, 2024 Earnings Call, Aug 27, 2024

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Published financial data: COOPER ENERGY LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2020	2021	2022	2023	2024
Revenues	78.14M	132M	205M	197M	219M
Total Revenues	78.14M	132M	205M	197M	219M
Cost of Goods Sold, Total	58.12M	120M	160M	167M	175M
Gross Profit	20.02M	11.33M	44.95M	29.89M	43.62M
Selling General & Admin Expenses, Total	12.31M	9.28M	11.36M	9.26M	34.61M
Exploration / Drilling Costs, Total	-	-	-	-	-
Stock-Based Compensation (IS)	3.5M	4.06M	4.01M	7.67M	3.68M
Depreciation & Amortization - (IS)	1.95M	1.92M	1.84M	1.83M	2.01M
Amortization of Goodwill and Intangible Assets - (IS)	176K	742K	1.19M	1.48M	534K
Impairment of Oil, Gas & Mineral Properties - (IS)	111M	955K	209K	20.17M	3.92M
Other Operating Expenses	19.41M	23.55M	39.87M	75.95M	111M
Other Operating Expenses, Total	148M	40.51M	58.48M	116M	155M
Operating Income	-128M	-29.18M	-13.53M	-86.48M	-112M
Interest Expense, Total	-3.55M	-10.8M	-9.64M	-11.52M	-18.5M
Interest And Investment Income	1.73M	542K	468K	3.02M	3.48M
Net Interest Expenses	-1.82M	-10.26M	-9.17M	-8.5M	-15.01M
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	119K	-1.28M	-	-	-
Other Non Operating Income (Expenses)	-132K	7.24M	-28K	-1.23M	2.5M
EBT, Excl. Unusual Items	-130M	-33.47M	-22.73M	-96.21M	-124M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-	-	-5.94M	-
Other Unusual Items	19.8M	-	-	-2.53M	-823K
EBT, Incl. Unusual Items	-110M	-33.47M	-22.73M	-105M	-125M
Income Tax Expense	-23.93M	-3.43M	-12.17M	-36.23M	-10.98M
Earnings From Continuing Operations	-86.03M	-30.04M	-10.56M	-68.46M	-114M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	-86.03M	-30.04M	-10.56M	-68.46M	-114M
Net Income - (IS)	-86.03M	-30.04M	-10.56M	-68.46M	-114M
Net Income to Common Incl Extra Items	-86.03M	-30.04M	-10.56M	-68.46M	-114M
Net Income to Common Excl. Extra Items	-86.03M	-30.04M	-10.56M	-68.46M	-114M
Per Share Items
Net EPS - Basic	-0.05	-0.02	-0.01	-0.03	-0.04
Basic EPS - Continuing Operations	-0.05	-0.02	-0.01	-0.03	-0.04
Basic Weighted Average Shares Outstanding	1.62B	1.63B	1.65B	2.62B	2.64B
Net EPS - Diluted	-0.05	-0.02	-0.01	-0.03	-0.04
Diluted EPS - Continuing Operations	-0.05	-0.02	-0.01	-0.03	-0.04
Diluted Weighted Average Shares Outstanding	1.62B	1.63B	1.65B	2.62B	2.64B
Normalized Basic EPS	-0.05	-0.01	-0.01	-0.02	-0.03
Normalized Diluted EPS	-0.05	-0.01	-0.01	-0.02	-0.03
Supplemental Items
EBITDA	10.31M	13.37M	38.41M	29.92M	-10.3M
EBITA	-128M	-29.18M	-13.53M	-86.48M	-111M
EBIT	-128M	-29.18M	-13.53M	-86.48M	-112M
EBITDAR	10.33M	13.64M	38.5M	39.33M	31.17M
Effective Tax Rate - (Ratio)	21.76	10.26	53.54	34.61	8.78
Current Domestic Taxes	2.89M	5.59M	4.62M	4.18M	-155K
Total Current Taxes	2.89M	5.59M	4.62M	4.18M	-155K
Deferred Domestic Taxes	-26.82M	-9.02M	-16.78M	-40.41M	-10.83M
Total Deferred Taxes	-26.82M	-9.02M	-16.78M	-40.41M	-10.83M
Normalized Net Income	-81.1M	-20.92M	-14.2M	-60.13M	-77.67M
Interest Capitalized	9.66M	-	-	-	-
Interest on Long-Term Debt	13.21M	10.8M	9.64M	11.52M	18.5M
Supplemental Operating Expense Items
Selling and Marketing Expenses	693K	678K	637K	402K	1.1M
General and Administrative Expenses	11.62M	8.61M	10.72M	8.86M	33.51M
Research And Development Expense From Footnotes	-	-	-	-	-
Exploration/Drilling Costs	-	-	-	-	-
Net Rental Expense, Total	18K	267K	91K	9.41M	41.47M
Imputed Operating Lease Interest Expense	8.34K	97.64K	35.18K	5.37M	29.97M
Imputed Operating Lease Depreciation	9.66K	169K	55.82K	4.05M	11.5M
Maintenance & Repair Expenses, Total	3.6M	2.76M	2.81M	2.61M	8.1M
Stock-Based Comp., G&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	3.5M	4.06M	4.01M	7.67M	3.68M
Total Stock-Based Compensation	3.5M	4.06M	4.01M	7.67M	3.68M

Fiscal Period: June	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	132M	91.31M	247M	77.13M	14.33M
Total Cash And Short Term Investments	132M	91.31M	247M	77.13M	14.33M
Accounts Receivable, Total	19.96M	32.07M	30.39M	28.61M	35.14M
Other Receivables	37K	31K	80K	190K	71K
Total Receivables	20M	32.1M	30.47M	28.8M	35.21M
Inventory	822K	950K	841K	2.18M	2.04M
Prepaid Expenses	1.72M	3.63M	4.41M	4.33M	4.32M
Restricted Cash	-	-	-	-	-
Other Current Assets, Total	4.38M	10.07M	10M	1.97M	1.75M
Total Current Assets	159M	138M	293M	114M	57.65M
Gross Property Plant And Equipment	963M	971M	1.08B	1.46B	1.47B
Accumulated Depreciation	-161M	-199M	-252M	-356M	-454M
Net Property Plant And Equipment	801M	771M	827M	1.11B	1.02B
Long-term Investments	564K	1.25M	483K	1.13M	718K
Other Intangibles, Total	1.88M	2.06M	1.36M	967K	466K
Accounts Receivable Long-Term	-	-	2.06M	2.32M	2.07M
Deferred Tax Assets Long-Term	46.84M	55.99M	63.56M	92.64M	83.82M
Other Long-Term Assets, Total	20.97M	9.71M	12.76M	24.66M	61.81M
Total Assets	1.03B	979M	1.2B	1.34B	1.22B
Liabilities
Accounts Payable, Total	14.84M	14.09M	10.51M	6.41M	29.53M
Accrued Expenses, Total	8.34M	22.74M	25.16M	26.82M	31.51M
Current Portion of Long-Term Debt	26M	60M	37M	-	-
Current Portion of Leases	1.04M	1.14M	1.25M	1.47M	847K
Other Current Liabilities	17.9M	9.15M	27.86M	202M	48.66M
Total Current Liabilities	68.13M	107M	102M	236M	111M
Long-Term Debt	203M	158M	121M	144M	253M
Long-Term Leases	12M	10.86M	9.61M	9.18M	927K
Unearned Revenue Non Current	-	-	-	-	-
Deferred Tax Liability Non Current	16.95M	17.08M	19.12M	18.49M	4.38M
Other Non Current Liabilities	378M	360M	450M	440M	437M
Total Liabilities	679M	653M	702M	848M	806M
Common Stock, Total	476M	478M	478M	717M	719M
Additional Paid In Capital	25K	25K	25K	25K	25K
Retained Earnings	-136M	-166M	-177M	-246M	-328M
Comprehensive Income and Other	11.16M	14.09M	198M	26.05M	27.16M
Total Common Equity	351M	326M	498M	497M	418M
Total Equity	351M	326M	498M	497M	418M
Total Liabilities And Equity	1.03B	979M	1.2B	1.34B	1.22B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.63B	1.63B	1.63B	2.63B	2.64B
ECS Total Common Shares Outstanding	1.63B	1.63B	1.63B	2.63B	2.64B
Book Value / Share	0.22	0.2	0.31	0.19	0.16
Tangible Book Value	349M	324M	497M	496M	417M
Tangible Book Value Per Share	0.21	0.2	0.3	0.19	0.16
Total Debt	242M	230M	169M	155M	255M
Net Debt	111M	139M	-78.15M	77.47M	241M
Debt Equivalent Oper. Leases	144K	2.14M	728K	75.31M	332M
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	3	3	-	3	3
Inventories - Finished Goods, Total	-	-	-	966K	426K
Inventories - Others	822K	950K	841K	1.22M	1.62M
Full Time Employees	75.9	88.5	89.9	128.9	126.1

Fiscal Period: June	2020	2021	2022	2023	2024
Net Income	-86.03M	-30.04M	-10.56M	-68.46M	-114M
Depreciation & Amortization - CF	28.75M	42.71M	52.84M	97.34M	98.26M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	534K
Impairment of Oil, Gas & Mineral Properties - (CF)	111M	955K	209K	20.17M	3.92M
Depreciation & Amortization, Total	139M	43.66M	53.05M	118M	103M
Amortization of Deferred Charges, Total - (CF)	176K	742K	1.19M	1.48M	-
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	5.94M	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	3.5M	4.06M	4.01M	7.67M	3.68M
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	18.43M	-1.89M	21.99M	61.96M	131M
Change In Accounts Receivable	1.17M	-12.11M	-721K	-1.41M	-29.71M
Change In Inventories	-396K	-128K	109K	-1.34M	138K
Change In Accounts Payable	2.75M	26.48M	13.54M	-6.33M	29.78M
Change In Income Taxes	-	-	-	-	-
Change In Deferred Taxes	-25.42M	-9.02M	-16.78M	-37.56M	-10.83M
Change in Other Net Operating Assets	-5.47M	-13.7M	-8.05M	-16.7M	-213M
Cash from Operations	48.06M	8.06M	57.78M	62.76M	-99.76M
Capital Expenditure	-79.71M	-32.89M	-20.39M	-274M	-66.45M
Sale of Property, Plant, and Equipment	-	-	-	650K	-
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-2.02M	-1.68M	-493K	-1.09M	-34K
Investment in Marketable and Equity Securities, Total	-	-	437K	-	-
Other Investing Activities, Total	-9.66M	-	-	-	-
Cash from Investing	-91.39M	-34.58M	-20.44M	-275M	-66.48M
Long-Term Debt Issued, Total	11.28M	-	-	158M	107M
Total Debt Issued	11.28M	-	-	158M	107M
Long-Term Debt Repaid, Total	-698K	-12.48M	-61.14M	-159M	-1.46M
Total Debt Repaid	-698K	-12.48M	-61.14M	-159M	-1.46M
Issuance of Common Stock	-	-	178M	57.58M	-
Other Financing Activities, Total	-257K	-	-	-15.14M	-
Cash from Financing	10.33M	-12.48M	117M	41.18M	106M
Foreign Exchange Rate Adjustments	293K	-1.28M	1.51M	1.1M	-2.1M
Net Change in Cash	-32.71M	-40.28M	156M	-170M	-62.8M
Supplemental Items
Cash Interest Paid	13.21M	10.8M	9.64M	10.97M	17.07M
Cash Income Tax Paid (Refund)	-	-	-	-	-
Levered Free Cash Flow	-39.18M	-26.03M	41.47M	-30.46M	-173M
Unlevered Free Cash Flow	-36.97M	-19.28M	47.49M	-23.26M	-161M
Change In Net Working Capital	18.32M	14.93M	-18.58M	-180M	131M
Net Debt Issued / Repaid	10.59M	-12.48M	-61.14M	-1.26M	106M

Fiscal Period: June	2020	2021	2022	2023	2024
Profitability
Return on Assets	-7.87	-1.82	-0.78	-4.25	-5.4
Return on Total Capital	-12.89	-3.17	-1.38	-8.2	-10.3
Return On Equity %	-21.92	-8.88	-2.56	-13.76	-24.12
Return on Common Equity	-21.92	-8.88	-2.56	-13.76	-24.12
Margin Analysis
Gross Profit Margin %	25.62	8.6	21.89	15.18	19.92
SG&A Margin	15.76	7.05	5.53	4.7	15.8
EBITDA Margin %	13.19	10.15	18.7	15.19	-4.7
EBITA Margin %	-163.71	-22.15	-6.59	-43.92	-50.78
EBIT Margin %	-163.71	-22.15	-6.59	-43.92	-51.02
Income From Continuing Operations Margin %	-110.1	-22.8	-5.14	-34.77	-52.09
Net Income Margin %	-110.1	-22.8	-5.14	-34.77	-52.09
Net Avail. For Common Margin %	-110.1	-22.8	-5.14	-34.77	-52.09
Normalized Net Income Margin	-103.79	-15.88	-6.92	-30.54	-35.46
Levered Free Cash Flow Margin	-50.15	-19.76	20.19	-15.47	-78.8
Unlevered Free Cash Flow Margin	-47.31	-14.63	23.12	-11.82	-73.52
Asset Turnover
Asset Turnover	0.08	0.13	0.19	0.15	0.17
Fixed Assets Turnover	0.1	0.17	0.26	0.2	0.21
Receivables Turnover (Average Receivables)	3.83	5.06	6.58	6.67	6.87
Inventory Turnover (Average Inventory)	93.14	135.9	179.16	110.48	83.02
Short Term Liquidity
Current Ratio	2.33	1.29	2.88	0.48	0.52
Quick Ratio	2.22	1.15	2.73	0.45	0.45
Operating Cash Flow to Current Liabilities	0.71	0.08	0.57	0.27	-0.9
Days Sales Outstanding (Average Receivables)	95.51	72.08	55.5	54.68	53.25
Days Outstanding Inventory (Average Inventory)	3.93	2.69	2.04	3.3	4.41
Average Days Payable Outstanding