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Reconnaissance Energy Africa Ltd (RECO.VN)

Reconnaissance Energy Africa Ltd (RECO.VN)
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[[ session ]] by (Cboe BZX)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
Reconnaissance Energy Africa Ltd is a junior oil and gas company engaged in the exploration and development of oil and gas in Namibia and Botswana. It holds a substantial interest in a petroleum exploration license in northeast Namibia which covers the entire Kavango sedimentary basin. The Company's operating segments are: the exploration and evaluation of its African assets; the oil and gas operations in Mexico; and the corporate segment. The Mexico segment derives its revenues solely from the production and sale of oil and natural gas from one customer. The corporate segment majorly aggregates costs incurred at the Company's head office in Vancouver and the operations office in Calgary.

Fiscal Year End Date: 03/31

(Values in U.S. Thousands) Mar, 2024 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Sales 0 27,747 10,410 0 0
Sales Growth -100.00% +166.55% unch unch unch
Net Income 41,112 -52,542 -263,407 -7,480 -3,122
Net Income Growth +178.25% +80.05% -3,421.64% -139.61% -575.32%
(Values in U.S. Thousands) Mar, 2024 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Total Assets 142,301 191,327 133,929 30,519 8,348
Total Assets Growth -25.62% +42.86% +338.83% +265.57% +1,388.53%
Total Liabilities 5,446 95,318 48,704 1,933 522
Total Liabilities Growth -94.29% +95.71% +2,420.25% +270.44% +58.88%
(Values in U.S. Thousands) Mar, 2024 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Operating Cash Flow -14,538 -664 -11,709 -5,408 -2,108
Operating Cash Flow Growth -2,088.05% +94.33% -116.52% -156.53% -732.35%
Net Cash Flow -36,721 2,912 54,366 4,260 2,551
Change in Net Cash Flow -1,360.93% -94.64% +1,176.10% +67.00% +628.74%
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