)
Africa Energy (AEC) investor relations material
Africa Energy Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Focused on exploration and development of Block 11B/12B offshore South Africa, with restructuring to increase direct interest to 75% pending regulatory approval.
Completed major financing transactions, including a private placement and shares-for-debt, improving liquidity and eliminating promissory note debt.
No oil and gas revenue generated to date; company remains in exploration stage.
Financial highlights
Net loss for Q3 2025 was $0.4 million, a significant improvement from $27.8 million loss in Q3 2024, mainly due to absence of non-cash revaluation losses.
Net loss for the nine months ended September 30, 2025 was $1.7 million, compared to $99.8 million in the same period in 2024.
Cash and cash equivalents increased to $3.8 million at September 30, 2025, from $2.3 million at December 31, 2024.
Working capital improved to $3.7 million at September 30, 2025, from a deficiency of $8.2 million at year-end 2024.
No non-cash loss on revaluation of financial asset in 2025; $97.4 million non-cash loss recorded in the first nine months of 2024.
Outlook and guidance
Prioritizing environmental authorization and production right for Block 11B/12B.
Early engagement with stakeholders to secure gas offtake customers.
Confident in commercial development potential of Brulpadda and Luiperd discoveries.
Next earnings report scheduled for March 25, 2026.
Next Africa Energy earnings date
Next Africa Energy earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage