earnings
confidence high
sentiment negative
materiality 0.65
EON Resources posts FY2024 net loss of $9.1M on $19.4M revenue
EON Resources Inc.
2025-Q1 EPS
reported -$0.11
vs consensus -$0.21
▲ beat
(+48.6%)
- FY2024 revenue $19.4M; net loss $9.08M; Q4 revenue $3.7M.
- Cash revenues averaged ~$5M/quarter; oil production 250,686 bbls at avg $76.98/bbl.
- G&A $10.4M includes $2.8M equity-based costs and $2.8M professional fees (50% acquisition-related).
- Stockholders approved issuance of >19.99% of shares in exchange for convertible notes from promissory notes and warrants.
- Debt: $23M RBL at 15%, $15M seller note, $4.4M private loans; plans for 2026 horizontal drilling program in San Andres.