IN BRIEF: SDX Energy swings to annual loss on higher one-off costs

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SDX Energy PLC - London-based oil and gas company with projects in Egypt and Morocco - Revenue in 2021 rises to $53.9 million from $46.1 million. Swings to pretax loss of $17.1 million from $1.4 million profit. Exploration and evaluation expense increases to $14.1 million from $5.8 million. Depletion, depreciation and amortisation charges up to $32.6 million from $25.2 million. In addition, company posts $9.5 million impairment expense, against none in year prior.

Current stock price: 8.15 pence

12-month change: down 53%

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