Brookside BRK share price dipped to 0.013 yesterday so checked its fundamentals to see if it was attractive at its lower price. .
NumberShares
Share price
Mcap
1
BRK shares outstanding
5,014,545,627
0.013
65,189,093
.
BRK vs SHE Cash Flows & Assets relative to Market Cap
BRK ~50 wells in AUD
Expressed as% of Market Capitalization
SHE 10 wells
Expressed as% of Market Capitalization
1
Market Cap
65,189,093
100%
10,266,526
100%
2
Revenue Last Year
52,996,830
81.3%
4,860,000
47%
3
Profit Before Tax last year normalized
15,239,510
23.4%
5,166,810
50%
4
Cash Equivalents BRK:28/4/2023 SHE:31/3/2023
17,724,000
27.2%
11,262,500
110%
5
Estimated revenue from last quarterly to today
6,969,446
10.7%
985,315
10%
6
Total Liquid Assets @ today post
24,693,446
37.9%
12,247,815
119%
7
Enterprise Value
40,495,647
62%
-1,981,289
-19%
. BRK invests heavily in exploration and developing wells into production spending 18.9 million recently in exploration and is bringing on line its Juanti well.
SHE takes low risk smaller percentage working interest in wells. In David DeLoube own word SHE likes to be "cash accretive" I like to look at what 1 dollar will buy you in terms of current profit & assets along with future growth.
Which one is better depends on the weighting placed on rapid expansion diluting current profit or slower expansion allowing cash to accumulate.
Brookside estimate of recent revenue are very approximate. So very happy to update Brookside figures in tables with other persons better informed input.
