Stock of the Day (ASX: CUE)

Quarter Ended 31 December 2024 – Financial & Operational Highlights

The company delivered another strong quarter, reinforcing its financial stability and operational efficiency. With robust cash flow generation, no debt, and fully funded development activities, the company remains well-positioned for sustainable growth and shareholder returns.

FY24 Financial Performance

• Total Revenue: $49.7 million across key regions:

  • 🇮🇩 Indonesia: $28.2 million

  • 🇦🇺 Australia: $11.3 million

  • 🇳🇿 New Zealand: $10.1 million

• Net Profit After Tax (NPAT): $14.2 million, reflecting strong cost control and operational efficiency.

• Production Output: 631 mboe, maintaining steady production across assets.

Quarterly Cash Flow & Balance Sheet Strength

• Net Cash Flow Generated: $4.3 million in Q2 FY25, reinforcing strong ongoing performance.

• Cash on Hand: $17.1 million as of 31 December 2024.

• Debt Position: Zero debt, ensuring financial flexibility and resilience.

• Fully Funded Development Activities: No external funding required for upcoming projects.

Shareholder Returns & Valuation

• FY24 Dividend Paid: 3 cents per share (cps), highlighting the company’s commitment to shareholder value.

• Enterprise Value to Earnings (EV/Earnings): 3.5x, presenting a compelling valuation.

• FY24 Dividend Yield: 30%, making it one of the highest-yielding stocks in the sector