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Source Rock Royalties (TSXV:SRR) Revenue : C$6.65 Mil (TTM As of Dec. 2023)


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What is Source Rock Royalties Revenue?

Source Rock Royalties's revenue for the three months ended in Dec. 2023 was C$1.72 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was C$6.65 Mil. Source Rock Royalties's Revenue per Share for the three months ended in Dec. 2023 was C$0.04. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.14.

Warning Sign:

Source Rock Royalties Ltd revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Source Rock Royalties was -4.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 64.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 4 years, Source Rock Royalties's highest 3-Year average Revenue per Share Growth Rate was 64.70% per year. The lowest was 64.70% per year. And the median was 64.70% per year.


Source Rock Royalties Revenue Historical Data

The historical data trend for Source Rock Royalties's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Source Rock Royalties Revenue Chart

Source Rock Royalties Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Revenue
1.38 4.26 6.49 6.65

Source Rock Royalties Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.50 1.38 1.53 2.02 1.72

Competitive Comparison of Source Rock Royalties's Revenue

For the Oil & Gas Midstream subindustry, Source Rock Royalties's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Source Rock Royalties's Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Source Rock Royalties's Revenue distribution charts can be found below:

* The bar in red indicates where Source Rock Royalties's Revenue falls into.



Source Rock Royalties Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$6.65 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Source Rock Royalties  (TSXV:SRR) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Source Rock Royalties Revenue Related Terms

Thank you for viewing the detailed overview of Source Rock Royalties's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Source Rock Royalties (TSXV:SRR) Business Description

Traded in Other Exchanges
Address
421 - 7th Avenue S.W, 30th Floor, Calgary, AB, CAN, T2P 4K9
Source Rock Royalties Ltd is a pure-play oil and gas royalty company with an existing, light oil-focused portfolio of royalty interests concentrated in southeast Saskatchewan, east-central Alberta, west-central Alberta, and west-central Saskatchewan.
Executives
Bradley Robert Docherty Director, Senior Officer
Shaun Ashton Thiessen Director

Source Rock Royalties (TSXV:SRR) Headlines

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