Horizon Oil Limited (ASX:HZN) Annual Report 2024



The latest annual report of Horizon Oil Limited (HZN) was published on 30 Jun 2024. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - HZN Annual Results

Amounts in USD

Total Revenue
$111.47M
Gross Profit
$18.66M
EBIT
$10.32M
Net Tangible Assets
$73.98M
Net Income
$25.90M
Capital Expenditures
-

HZN Income Statement 2024 Annual Report

As per the latest Income Statement of HZN, the Net revenue increased by - (-) compared to the previous period. The operating income in 2024 increased by - (-). The net income as per the annual report was $25.90M which decreased by $-17.95M (-41%) compared to previous year.

Income Statement Report (2024/2023)

2024 2023
Total Revenue $111.47M $0.00
Gross Profit $18.66M $18.66M
Operating Income - -
Income Before Tax - -
Net Income $25.90M $43.85M

Balance Sheet - HZN 2024 Annual Report

Read further: HZN Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Horizon Oil Limited showed the company increased the cash on balance sheet by $0.00 (0%). The Net tangible assets of HZN on the balance sheet were at $73.98M which is $0.00 (0%) more than previous annual report. The total stockholder equity also increased by - (-) compared to previous reporting period.

Balance Sheet Statement Report (2024/2023)

2024 2023
Cash $35.61M $35.61M
Total Assets - -
Long Term Debt - -
Total Liabilities $44.51M $44.51M
Total Shareholder Equity - -
Net Tangible Assets $73.98M $73.98M

Cash Flow Statement - HZN 2024 Annual Report

The 2024 annual cash flow statement of Horizon Oil Limited showed that the net income decreased by $-17.95M (-41%) compared to previous reporting period. Also the capital expenditure of HZN increased by - (-).

As of 2024, the total cash from investing activities was - and total cash from financing activities was -.

Cash Flow Statement Report (2024/2023)

2024 2023
Net Income $25.90M $43.85M
Capital Expenditures - -
Dividends Paid - -
Total Cash From From Investing Activities - -
Total Cash From From Financing Activities - -

Horizon Oil Limited Annual Report History

Income Statement

Income Statement history of Horizon Oil Limited (ASX:HZN)

30 Jun 2024 30 Jun 2023 30 Jun 2021 30 Jun 2017
Total Revenue $111.47M $0.00 $63.57M $68.53M
Cost Of Revenue $0.00 $0.00 $0.00 $0.00
Gross Profit $0.00 $0.00 $0.00 $0.00
Research Development - - - -
Selling General Administrative - - - -
Non Recurring - - - -
Other Operating Expenses - - - -
Total Operating Expenses $0.00 $0.00 $0.00 $0.00
Operating Income - - - -
Total Other Income Expense Net - - - -
Ebit $0.00 $0.00 $0.00 $0.00
Interest Expense - - - -
Income Before Tax - - - -
Income Tax Expense $0.00 $0.00 $0.00 $0.00
Minority Interest - - - -
Net Income From Continuing Ops - - - -
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income $25.90M $43.85M $8.01M $0.00
Net Income Applicable To Common Shares - - - -

Balance Sheet Statement

Balance Sheet Statement history of Horizon Oil Limited (ASX:HZN)

30 Jun 2024 30 Jun 2023 30 Jun 2021 30 Jun 2017
Cash $35.61M $35.61M - -
Total Assets - - - -
Total Liab $44.51M $44.51M - -
Long Term Debt - - - -
Total Stockholder Equity - - - -
Net Tangible Assets $73.98M $73.98M - -

Cash Flow Statement

Cash Flow Statement history of Horizon Oil Limited (ASX:HZN)

30 Jun 2024 30 Jun 2023 30 Jun 2021 30 Jun 2017
Net Income $25.90M $43.85M - -
Capital Expenditures - - - -
Dividends Paid - - - -
Total Cashflows From Investing Activities - - - -
Total Cash From Financing Activities - - - -