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Zenith Energy
(LSE:ZEN)
Zenith Energy (ZEN) vs. S&P 500 (SPY)
Zenith Energy Business Overview & Revenue Model
Zenith Energy Financial Statement Overview
| Breakdown | |||||
| TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 1.34M | 1.79M | 13.16M | 8.24M | 596.00K | 735.00K | Gross Profit |
| -335.00K | -3.23M | 2.66M | 3.78M | -1.84M | -2.48M | EBIT |
| -15.72M | -27.64M | -5.93M | -8.75M | -18.05M | -9.47M | EBITDA |
| -12.65M | -33.42M | -4.94M | -5.32M | -6.06M | -7.03M | Net Income Common Stockholders |
| -27.52M | -42.37M | -12.83M | 64.44M | 3.52M | 10.32M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 207.00K | 207.00K | 1.44M | 1.15M | 1.63M | 1.22M | Total Assets |
| 140.02M | 140.02M | 262.91M | 259.30M | 119.44M | 51.08M | Total Debt |
| 41.68M | 41.68M | 33.94M | 18.34M | 12.74M | 8.83M | Net Debt |
| 41.48M | 41.48M | 32.50M | 17.18M | 11.11M | 7.61M | Total Liabilities |
| 90.04M | 90.04M | 171.26M | 156.21M | 95.63M | 41.25M | Stockholders Equity |
| 49.98M | 49.98M | 91.65M | 103.09M | 23.80M | 9.83M |
| Cash Flow | Free Cash Flow | ||||
| -7.86M | -4.24M | -16.27M | -13.19M | -9.87M | -13.41M | Operating Cash Flow |
| -7.58M | -4.19M | -15.84M | -13.13M | -9.81M | -12.06M | Investing Cash Flow |
| -823.00K | -593.00K | -430.00K | -2.17M | -202.00K | -1.24M | Financing Cash Flow |
| 7.03M | 3.55M | 16.56M | 14.82M | 10.43M | 11.46M |
Zenith Energy Technical Analysis
Zenith Energy Peers Comparison
Zenith Energy Corporate Events
Zenith Energy Ltd. has completed a private placement in Norway, raising approximately $1.2 million and issuing over 10 million new common shares. Additionally, the company has secured a $2 million unsecured convertible loan with a grace period of three months before conversion can occur. The funds will support potential acquisitions of electricity production assets, aligning with Zenith’s strategy to expand its renewable energy portfolio and strengthen its financial foundation.
Spark’s Take on GB:ZEN Stock
According to Spark, TipRanks’ AI Analyst, GB:ZEN is a Neutral.
Zenith Energy’s stock score reflects significant financial challenges, predominantly due to negative profitability and high debt levels. The technical indicators offer mixed signals, with some short-term bearish momentum. Valuation remains unattractive due to negative earnings, although recent corporate events, such as successful bond payments and solar energy expansion, offer a slightly positive outlook. Legal disputes remain a key risk factor.
To see Spark’s full report on GB:ZEN stock, click here.
Zenith Energy Ltd. has announced the successful payment of coupon obligations for its multi-currency Euro Medium Term Notes, listed on the Vienna Stock Exchange. This payment underscores Zenith’s commitment to financial obligations and may enhance its credibility and stability in the energy sector, potentially benefiting stakeholders and investors.
Spark’s Take on GB:ZEN Stock
According to Spark, TipRanks’ AI Analyst, GB:ZEN is a Neutral.
Zenith Energy’s overall score is impacted by significant financial challenges, including negative profitability and high debt levels. While technical indicators show mixed signals, the company’s valuation remains unattractive due to negative earnings. Recent corporate events, like expansion into solar energy and timely bond payments, provide some positive outlook, but ongoing legal disputes pose potential risks.
To see Spark’s full report on GB:ZEN stock, click here.
Zenith Energy Ltd. announced that all resolutions at its Annual General and Special Meeting of shareholders have been approved. This development underscores the company’s strategic focus on expanding its energy production and exploration activities, potentially strengthening its market position and offering stability to stakeholders.
Spark’s Take on GB:ZEN Stock
According to Spark, TipRanks’ AI Analyst, GB:ZEN is a Neutral.
Zenith Energy’s overall score is impacted by significant financial challenges, including negative profitability and high debt levels. While technical indicators show mixed signals, the company’s valuation remains unattractive due to negative earnings. Recent corporate events, like expansion into solar energy and timely bond payments, provide some positive outlook, but ongoing legal disputes pose potential risks.
To see Spark’s full report on GB:ZEN stock, click here.
Zenith Energy Ltd. has acquired two solar energy production assets in Italy, marking its entry into the renewable energy sector. The acquisitions include a 3.29 MW project in Sicily and a 0.5 MW project in Liguria, with plans to expand production capacity and generate significant revenue. This strategic move aims to enhance Zenith’s renewable energy portfolio and create a profitable, dividend-paying asset base.
Spark’s Take on GB:ZEN Stock
According to Spark, TipRanks’ AI Analyst, GB:ZEN is a Neutral.
Zenith Energy faces significant financial challenges, primarily due to negative profit margins and high debt levels. Technical indicators provide mixed signals, and valuation metrics are unattractive due to negative earnings. However, the timely bond payments reflect some level of financial stability, while ongoing legal proceedings could have a substantial impact on future financials.
To see Spark’s full report on GB:ZEN stock, click here.
Zenith Energy Ltd. has successfully completed the coupon payments for its 2026 multi-currency Euro Medium Term Notes, which are listed on the Vienna Stock Exchange. This timely payment underscores Zenith’s financial stability and commitment to its stakeholders, potentially enhancing its reputation and market position in the international energy sector.
Zenith Energy Ltd. has announced the final hearing for a legal claim by its subsidiary, Anglo African Oil & Gas Congo S.A.U, against SMP Energies, related to unsatisfactory drilling performance in the Tilapia oilfield. The claim, initially valued at $3.1 million and later increased to $9 million, seeks compensation for significant damages, including the inability to commence production activities. The case has been ongoing for about five years, with SMP’s attempts to delay proceedings being dismissed by the court. A final decision is expected within three months, and Zenith is optimistic about a favorable outcome.
Zenith Energy Ltd. has announced the date for its Annual General and Special Meeting of shareholders, set for April 15, 2025, in Calgary. This meeting is significant for stakeholders as it will address the company’s strategic focus on expanding its energy production and exploration activities across its international assets.
Zenith Energy Ltd. has successfully made full and timely coupon payments for its multi-currency Euro Medium Term Notes listed on the Vienna Stock Exchange. This action underscores the company’s financial stability and commitment to its bondholders, potentially enhancing its reputation and trust among investors.
Zenith Energy Ltd. has announced the completion of the final hearings in the ICC-2 Arbitration against the Republic of Tunisia concerning the Sidi El Kilani concession. The arbitration was initiated by Zenith’s subsidiary, Canadian North Africa Oil and Gas Limited, due to alleged arbitrary actions by Tunisia that led to the termination of the SLK concession. Zenith is seeking approximately US$130 million in claims for lost production revenue and other breaches. The decision from the ICC Arbitral Tribunal is expected by the end of summer 2025.
Zenith Energy Ltd. has granted 27,183,142 stock options to select directors and employees under its Stock Option Plan. This move, with options priced at NOK 1.26 each, reflects the company’s strategic aim to incentivize key personnel as it continues to develop its energy assets across multiple regions. The exercise of these options is expected to align management’s interests with shareholder value, potentially impacting the company’s operational and strategic initiatives.
Zenith Energy Ltd. announced the completion of the pre-hearing session of the ICC-2 Arbitration concerning the Sidi El Kilani concession against the Republic of Tunisia, with final hearings scheduled for next week. The arbitration arises from alleged losses due to Tunisia’s actions, including lost revenues and unpaid invoices, with Zenith’s subsidiary seeking approximately USD 130 million in claims. The outcome of this arbitration could significantly impact Zenith’s financial position and its ongoing operations in the region.
Zenith Energy Ltd announced a change in its major holdings, with Andrea Cattaneo acquiring 11.11% of the voting rights in the company. This development could impact the company’s decision-making process and its strategic direction, as the acquisition of a significant voting stake often implies a potential shift in control or influence within the company’s governance.