Company DescriptionBrookside Energy Limited, together with its subsidiaries, engages in the exploration, production, and appraisal of oil and gas projects. It develops oil and gas assets in the Anadarko Basin in Oklahoma, the United States. The company is also involved in the leasing and development of acreage opportunities. As of December 31, 2021, it owned an area of 3275 working interest leasehold acres in west-central Oklahoma. The company was formerly known as Red Fork Energy Limited and changed its name to Brookside Energy Limited in June 2015. Brookside Energy Limited was incorporated in 2004 and is headquartered in Subiaco, Australia.

How the Company Makes Money

Brookside Energy Financial Statement Overview

Summary

Brookside Energy exhibits solid financial stability with low leverage and a strong equity base. However, the company faces challenges in revenue growth and profitability, reflected in declining revenue and net income margins. Cash flow management is an area of concern, requiring attention to ensure sustainable operations.

Income Statement

Neutral

Brookside Energy showed a decrease in total revenue from 2023 to 2024, indicating a negative revenue growth rate. However, the company maintained a strong gross profit margin, with 2024's figure being very high at 94.9%. The net profit margin in 2024 dropped significantly compared to 2023, reflecting challenges in converting revenue into profit. The absence of EBIT suggests operational challenges despite a positive EBITDA margin.

Balance Sheet

Positive

The company has a very low debt-to-equity ratio, indicating low leverage and financial stability. The equity ratio remains strong, suggesting a healthy structure with high stockholders' equity relative to its assets. However, the return on equity decreased significantly in 2024 due to reduced net income.

Cash Flow

Neutral

Free cash flow turned negative in 2024, and the free cash flow growth rate was negative as well, indicating cash flow challenges. Operating cash flow also appears problematic, possibly due to high capital expenditures, impacting the company's ability to generate cash from operations.

Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Breakdown
Income Statement		Total Revenue
46.90M	51.44M	53.00M	12.58M	365.88K
	Gross Profit
4.59M	17.21M	17.20M	-1.83M	-688.18K
	EBIT
1.07M	14.62M	15.46M	-3.09M	-2.17M
	EBITDA
18.61M	27.59M	22.29M	-1.00M	-1.66M
	Net Income Common Stockholders
2.83M	16.65M	15.10M	-2.61M	-2.44M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
11.44M	26.34M	34.01M	17.16M	1.30M
	Total Assets
127.69M	95.12M	93.76M	40.76M	13.17M
	Total Debt
1.08M	0.00	0.00	0.00	3.92M
	Net Debt
-10.31M	-26.23M	-33.90M	-17.04M	2.61M
	Total Liabilities
32.28M	11.68M	22.07M	4.72M	5.62M
	Stockholders Equity
95.41M	83.43M	71.69M	36.04M	7.55M
Cash Flow		Free Cash Flow
21.03M	17.95M	25.68M	6.48M	-1.01M
	Operating Cash Flow
21.05M	18.95M	33.62M	6.70M	-1.01M
	Investing Cash Flow
-36.84M	-23.26M	-31.75M	-8.54M	-793.02K
	Financing Cash Flow
-150.31K	-3.12M	14.49M	17.61M	2.12M

Brookside Energy Peers Comparison

Overall Rating

UnderperformOutperform

Sector (57)

Financial Indicators

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RDFEF		$24.02M	13.04	3.21%	―	―	―
Sector *	57 Neutral	$7.23B	3.16	-4.49%	5.63%	0.82%	-49.15%
J2E		€21.91M	55.00	183.35%	―	―	―
ELXPF		$26.43M	―	-5.28%	―	―	―
FARYF		$23.47M	0.53	177.52%	―	―	―
PH2	54 Neutral	AU$28.38M	―	-10.18%	―	474.71%	40.74%
TDO	41 Neutral	AU$41.68M	―	-22.66%	―	―	-167.31%

* Energy Sector Average

Performance Comparison

RDFEF

Brookside Energy

0.25

-0.25

-50.00%

DE:J2E

Jupiter Energy

0.01

-0.02

-66.67%

ELXPF

Elixir Energy Limited

0.03

-0.01

-25.00%

FARYF

FAR Ltd

0.25

0.02

8.70%

AU:TDO

3D Oil Limited

0.12

0.04

50.00%

AU:PH2

Pure Hydrogen Corporation Limited Registered Shs

0.08

-0.12

-60.00%

Glossary

OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.

NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.

UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.