Pharos Energy (PHAR)

Sector:

Energy Producers

Index:

FTSE Small Cap

23.50p
   
  • Change Today:
      0.30p
  • 52 Week High: 24.30
  • 52 Week Low: 18.70
  • Currency: UK Pounds
  • Shares Issued: 420.21m
  • Volume: 160,303
  • Market Cap: £98.75m
  • RiskGrade: 273

Dividend Data

  31-Dec-2331-Dec-2231-Dec-2131-Dec-2031-Dec-19
Interim Dividend0.33pn/an/an/an/a
Final Dividend0.77p1.00pn/an/a2.00p
Total Dividend1.10p1.00pn/an/a5.50p
For more dividend details, click here

Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Income Statement 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 167.90 199.10 134.10 142.00 189.70
Operating Profit/(Loss) (18.10) 100.20 48.30 (231.30) 38.00
Net Interest (10.20) (12.70) (6.40) (4.20) (11.50)
Profit Before Tax (29.00) 80.60 38.60 (241.20) 11.70
Profit After Tax (48.80) 24.40 (4.70) (215.60) (26.50)
Discontinued Operations          
Profit After Tax n/a n/a n/a (0.20) 2.00
PROFIT FOR THE PERIOD (48.80) 24.40 (4.70) (215.80) (24.50)
Attributable to:          
Equity Holders of Parent Company (48.80) 24.40 (4.70) (215.80) (24.50)
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic (11.40¢) 5.60¢ (1.10¢) (54.60¢) (7.00¢)
Earnings per Share - Diluted (11.40¢) 5.60¢ (1.10¢) (54.60¢) (7.00¢)
Earnings per Share - Adjusted (11.40¢) 5.60¢ (1.10¢) (54.60¢) (7.00¢)
Continuing and Discontinued EPS          
Earnings per Share - Basic (11.40¢) 5.60¢ (1.10¢) (54.60¢) (6.50¢)
Earnings per Share - Diluted (11.40¢) 5.60¢ (1.10¢) (54.60¢) (6.50¢)
Earnings per Share - Adjusted (11.40¢) 5.60¢ (1.10¢) (54.60¢) (6.50¢)
           
Dividend per Share 1.10¢ 1.00¢ n/a n/a n/a
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 279.80 381.80 399.80 435.80 676.90
Intangible Assets 18.20 16.50 12.40 1.50 20.40
Investment Properties n/a n/a n/a n/a n/a
Investments n/a n/a n/a n/a n/a
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets 58.60 59.10 48.10 45.90 43.60
  356.60 457.40 460.30 483.20 740.90
Current Assets          
Inventories 3.30 7.20 10.70 17.70 16.20
Trade & Other Receivables 64.50 63.00 29.60 22.90 41.20
Cash at Bank & in Hand 32.60 45.30 27.10 24.60 58.50
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a n/a 62.00 0.60 1.20
  100.40 115.50 129.40 65.80 117.10
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 457.00 572.90 589.70 549.00 858.00
           
Liabilities          
Current Liabilities          
Borrowings 29.80 39.90 33.30 13.10 27.20
Other Current Liabilities 20.00 19.20 44.50 42.30 44.30
  49.80 59.10 77.80 55.40 71.50
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 11.20 35.10 47.20 41.00 78.10
Provisions 122.00 147.20 160.30 158.90 198.30
Other Non-Current Liabilities 0.50 0.90 n/a n/a n/a
  133.70 183.20 207.50 199.90 276.40
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 183.50 242.30 285.30 255.30 347.90
           
Net Assets 273.50 330.60 304.40 293.70 510.10
           
Capital & Reserves          
Share Capital 33.70 34.30 34.90 31.90 31.90
Share Premium Account 58.00 58.00 58.00 55.40 55.40
Other Reserves 255.40 253.60 250.50 243.00 246.60
Retained Earnings (73.60) (15.30) (39.00) (36.60) 176.20
Shareholders Funds 273.50 330.60 304.40 293.70 510.10
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 273.50 330.60 304.40 293.70 510.10
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Cash Flow From Operating Activities 44.90 53.40 10.80 56.40 72.30
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (6.60) (14.00) (39.80) (41.30) (217.20)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (50.10) (19.80) 31.10 (48.50) (36.20)
Net Increase/Decrease In Cash (11.80) 19.60 2.10 (33.40) (181.10)
Ratios - based on IFRS 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
PE Ratio - Adjusted n/a 5.2 n/a n/a n/a
PEG - Adjusted n/a n/a n/a n/a n/a
Earnings per Share Growth - Adjusted n/a n/a n/a n/a n/a
Dividend Cover (10.36) 5.60 n/a n/a n/a
Revenue per Share 39.96p 47.38p 0.32p 33.79p 45.14p
Pre-Tax Profit per Share (6.90p) 19.18p 0.093p (57.40p) 2.78p
Operating Margin (10.78%) 50.33% 36.02% (162.89%) 20.03%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted n/a 5.2 n/a n/a n/a
PEG - Adjusted n/a n/a n/a n/a n/a
Earnings per Share Growth - Adjusted n/a n/a n/a n/a n/a
Dividend Cover (10.36) 5.60 n/a n/a n/a
           
Dividend Yield 4.1% 3.4% 0.0% 0.0% 0.0%
Dividend per Share Growth 10.00% n/a n/a n/a n/a
Operating Cash Flow per Share 10.69p 12.71p 2.57p 13.42p 17.21p
Cash Incr/Decr per Share (2.81p) 4.66p 0.005p (7.95p) (43.10p)
Net Asset Value per Share (exc. Intangibles) 60.76p 74.75p 69.49p 69.54p 116.54p
Net Gearing 3.07% 8.98% 17.54% 10.04% 9.17%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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