Indonesia Energy Limited (INDO) Earnings Report, Financial Results, Financial analysis

Indonesia Energy Corporation Limited narrowed forth quarter of 2023 net loss per share of $-0.26 compare to net loss per share of $-0.35 recorded in the same quarter a year ago a decrease compare to $0.00 realized in previous quarter.

*forth quarter of 2023*
Earnings Per Share	Revenues
$ -0.26	$ 4 Mill
$+0.09	$-1M -13.96 %

Indonesia Energy Limited's Revenue fell by -13.96 % in forth quarter of 2023 (Dec 31 2023) year on year, to $4 million and advanced by sequentially.

Indonesia Energy Limited is

More on INDO's Income Statement

INDO's NET INCOME

Indonesia Energy Limited in the forth quarter of 2023 recorded net loss of $-2.643 million, an improvement compare to net loss of $-3.123 million in IV. Quarter a year ago.

Sequentially company realized a net loss, compared to net income of $0.000 million in the previous quarter.

More on INDO's Growth

Indonesia Energy Limited Inventories
In Dec 31 2023 company's net cash and cash equivalents decreased by $-3 million

Earnings quality

Indonesia Energy Corporation Limited does not pay out common stock dividend.

In trailing twelve-month period Indonesia Energy Corporation Limited payed $ -0.29 cash per share, on a free-cash flow basis .

Book value fell by 0.00 % sequentially to $1.45 per share.
Tangible Book value fell to $ 1.45 per share from $ 1.45.

Company repurchased 0.00 million shares or 0.00 % in Dec 31 2023.

• More on INDO's Dividends

Market Capitalization (Millions)	28
Shares Outstanding (Millions)	10
Total Debt (Millions $)	-
Revenue (TTM) (Millions $)	4
Net Income (TTM) (Millions $)	-3
Cash Flow (TTM) (Millions $)	-3
Capital Exp. (TTM) (Millions $)	0
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	200

Earnings quality

Indonesia Energy Corporation Limited does not pay out common stock dividend.

In trailing twelve-month period Indonesia Energy Corporation Limited had negative $ -0.29 cash flow per share, on a free-cash flow basis .

Book value fell by 0.00 % sequentially to $1.45 per share.
Tangible Book value fell to $ 1.45 per share from $ 1.45.

Company repurchased 0.00 million shares or 0.00 % in Dec 31 2023.

• More on INDO's Balance Sheets

Market Capitalization (Millions)	28
Shares Outstanding (Millions)	10
Total Debt (Millions $)	-
Revenue (TTM) (Millions $)	4
Net Income (TTM) (Millions $)	-3
Cash Flow (TTM) (Millions $)	-3
Capital Exp. (TTM) (Millions $)	0
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	200

Indonesia Energy Corporation Limited

INDO's Financial Statements and Analysis