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Enwell Energy plc AIM:ENW

Incorporated
United Kingdom
Chief executive
Oleksiy Zayets
Employees
266
Reports in
USD
Companies House
04462555
Energy
Where the figures come from
How we read

Read straight from the annual reports

Share price and financials

12.0c at close on 5 Oct 2026 · 11 reported years, 2015–2025

Years in viewFY2015 – FY2026
5 Oct 202612.0c+220.0% since 4 Jan 2016
12.0c
LineFY201512/15FY201612/16FY201712/17FY201812/18FY201912/19FY202012/20FY202112/21FY202212/22FY202312/23FY202412/24FY202512/25FY2026unreported
Revenue
Gross profit
Operating profit
Net finance cost
Profit before tax
Tax charge
Profit for the year
EBITDA
Basic EPS
Diluted EPS
Dividend per share————————

USD millions, negatives in brackets. Per-share lines in cents, share counts in millions. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated. The share price above is drawn to the same columns: each close sits over the financial year it fell in.

2 figures

11 years, at a glance

USD · %
050m100m150m-50%0%50%100%150%FY2015FY2025

Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.

FY2025Revenue$3.3mOperating margin−44.3%
The latest report

FY2025 annual report

year to 31 Dec 2025 · approved 12 May 2026 · 112 pages · Companies House

Open the reportJSONComing soon
Next report28 Jun 2027for the year to 31 Dec 2026, the date the register holds, plus this company's usual gap to publication
Sixty seconds on this reportPlaceholder

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From the reportevery line sits on the page it names
What drove revenue

Production volumes collapsed after licence suspensions and war disruption

Aggregate production 48,962 boe vs 722,753 boe in 2024; average daily production 1,865 boepd vs 2,288 boepd; no hydrocarbon sales since 1 March 2025 as MEX-GOL, SV and VAS are suspended.

page 22
And

Gas realised price rose

Average gas realised price up 19% to $377/Mm3 (UAH15,836/Mm3) from $318/Mm3.

page 22
What moved the marginheadwind

Lower production volumes from licence suspensions

Gross profit fell to $1.2m (2024: $28.2m); gross margin about 35% of revenue on lower volumes; operating loss $1.5m vs $29.1m profit.

page 61
Andtailwind

Higher realised gas price

Gas realisation up 19% to $377/Mm3.

page 22
One-offs in the year

$33.9m charge: Impairment and ECL charge on parent investments and loans to subsidiaries

page 95
What management said

Ongoing war and regulatory actions make it extremely difficult to plan future investment and operational activities at the Group's fields; the Group plans further limited development during the rest of 2026 and beyond, subject to resolution of regulatory issues.

page 8
After the year end

Note 32: the fiscal, economic and humanitarian situation in Ukraine remains unstable; final consequences of the war are hard to predict and may have further serious impact on the Group. No specific adjusting event is itemised.

page 110
The dividend

Directors do not recommend a dividend for 2025 (2024: nil). No dividend was paid in 2025. Stated capital objective is to safeguard the Group and provide returns for shareholders while maintaining an optimal capital structure; no capital requirements are imposed on the Group.

page 50
Going concern and the audit

Unmodified opinion on the financial statements, with a material uncertainty related to going concern for the Group (not for the Company), because operations, staff and assets are in Ukraine and subject to the war and suspension orders. Directors consider cash of $92.0m at 8 May 2026 and worst-case scenarios (zero production, costs unchanged) sufficient for 2026 and 2027. KAMs: material uncertainty re going concern; carrying value of investments in and loans to subsidiaries (parent); impairment of oil and gas assets (Group, $67.4m). Auditor Zenith Audit Ltd.

page 53
The risks it names first
  • Licence suspensions: MEX-GOL, SV and VAS suspended for ten years from 8 October 2024; production halted; reinstatement depends on appeals and the ICSID arbitration.p.36
  • Material uncertainty over going concern (Group) due to war and Ukrainian regulatory action.p.53
  • War damage and security: VAS gas processing facilities damaged by drones in December 2025; fatality of an operational team member on secondment.p.11
  • Ukrainian sanctions and state action against the ultimate beneficial owner and trustees, including Law No. 2805-IX.p.6

Read from C000430-AR-2025-ch.

Filings

10 annual reports read, FY2016 to FY2025

Open a year to see what its report said. Every line in it carries the page it was read from.

Sources: Companies House (10)

  1. FY2026Next report expected 28 Jun 2027

Every figure above,
back to the page it was printed on