Trio Petroleum Corp TPET

Energy SIC 1311 - Crude Petroleum & Natural Gas NAICS Mining, Quarrying, and Oil and Gas Extraction › Oil and Gas Extraction derived NYSE

Last close 1.72 2026-10-23
Market cap $76.1M 2026-04-30 share count
52-week range 1.42 - 22.50

Valuation FY2025 figures against the last close

P/S191.0x
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS-0.80

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021
Revenue $398.7K$213.2K———
Cost of revenue $175.7K————
Gross profit $223.0K$213.2K———
SG&A $2.8M$4.7M$3.3M$768.4K—
Total operating expenses $5.5M$6.4M$4.6M$806.0K—
Operating income -$5.3M-$6.2M-$4.6M-$806.0K—
Interest expense $605.5K$2.1M$791.8K$1.7M—
Pre-tax income -$7.3M-$9.6M-$6.5M-$3.8M—
Net income -$7.3M-$9.6M-$6.5M-$3.8M—
EPS, basic -0.80-4.32-5.67-0.26—
EPS, diluted -0.80-4.32-5.67-0.26—
Shares, diluted (wtd. avg.) 9.1M2.2M1.2M14.8M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021
Cash and equivalents $882.2K$285.9K$1.6M$73.6K$78.9K
Receivables $60.0K————
Total current assets $1.1M$565.2K$1.7M$1.8M—
Total assets $13.2M$11.7M$11.6M$9.5M—
Accounts payable $1.3M$1.0M$609.4K$1.2M—
Total current liabilities $1.9M$2.6M$1.9M$6.7M—
Total liabilities $1.9M$2.6M$1.9M$6.8M—
Retained earnings -$27.4M-$20.1M-$10.4M-$3.9M—
Total equity $11.3M$9.0M$9.7M$2.7M$4.1M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021
Operating cash flow -$2.6M-$3.8M-$4.0M-$502.1K—
Stock-based compensation $30.7K$1.5M$1.0M$6.2K—
Investing cash flow -$978.6K-$1.1M-$2.2M——
Financing cash flow $4.2M$3.7M$7.7M$496.9K—

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-002848.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -10M -5M 0 5M Net income, FY2022: -3.8M Net income, FY2023: -6.5M Revenue, FY2024: 213.2K Gross profit, FY2024: 213.2K Net income, FY2024: -9.6M Revenue, FY2025: 398.7K Gross profit, FY2025: 223K Net income, FY2025: -7.3M FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2021FY2022FY2023FY2024FY2025
Revenue — — — $213.2K $398.7K
Gross profit — — — $213.2K $223.0K
Net income — -$3.8M -$6.5M -$9.6M -$7.3M

Recent filings and events

  • Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Other event Item 8.01
  • Other event Item 8.01
  • Other event Item 8.01
  • Other event Item 8.01
  • Other event Item 8.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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