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Amplitude Energy Breaks Revenue Records While Slashing Net Debt Ahead of ECSP
8:21am on Wednesday 22nd of January, 2025 AEDT
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Energy
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Amplitude Energy Breaks Revenue Records While Slashing Net Debt Ahead of ECSP
8:21am on Wednesday 22nd of January, 2025 AEDT
Key Points
Record quarterly sales revenue of $67.9 million, up 3% from Q1 FY25
Net debt reduced by 9% to $254.2 million
Spot gas sales increased 38%, with average realised gas prices rising to $9.98/GJ
Orbost Gas Processing Plant (OGPP) improvement project delivers operational efficiencies
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Amplitude Energy (ASX:AEL)
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