Barnwell Industries, Inc. (BRN)

From the record

Barnwell Industries, Inc.'s filings since 2017 show 5 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2020-04-08); an auditor change (8-K item 4.01, the latest 2020-07-13); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2026-05-15) (its current reports).

From the record

Barnwell Industries, Inc.'s 10 filed years say what it did: revenue went from $14 million in fiscal 2016 to $14 million in fiscal 2025, up 0.1% a year; it rose in 3 of 9 years; the deepest fall was 52% from fiscal 2022 to fiscal 2025; net income was positive in 3 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-09-30, Barnwell Industries, Inc.'s diluted share count grew about 1.1% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 8 purchases of their own stock on the open market in the year to 2026-11-10, buying about $201 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-09-30, Barnwell Industries, Inc. lost about 101 cents for every dollar of shareholders' money. Leverage: it owed about 66 cents per dollar of assets, and net share issuance: its share count grew 0.4% over the year (the filed statements).

From the record

Barnwell Industries, Inc.'s standing among 76 graded names in its industry family: revenue of $14 million in fiscal 2025 ranks in the bottom 13% by size; a net margin of -51.9% ranks in the bottom 10%; revenue growth of -21.7% a year over the last 3 filed years ranks in the bottom 7% (its annual reports).

From the record

Barnwell Industries, Inc.'s leadership, from its insiders' filings and its current reports: no one files under a chief executive's title, so that part is not read; the 5 officers and directors filing in the last fifteen months have been on the record a median of 3.8 years (bottom 18%); 10 officer or director changes were reported on Form 8-K since 2023-11-13, against the 5 people in charge now (bottom 2%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Barnwell Industries, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $3 million against no long-term debt tagged leaves 13.9% of its assets as net cash, top 5% of its family; cash from operations less capital spending is -14.8% of revenue (bottom 14%) (its annual report).

From the record

Barnwell Industries, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -21.7% a year over the last three filed years against 0.1% over all 10, slowing (bottom 30% of its family); the newest year grew -24.2% (bottom 10%); capital spending grew -73.6% a year (bottom 1%) (its annual reports). Barnwell Industries, Inc. reported 2 lines of business in fiscal 2025: Oil and Natural Gas at $14 million (99%), All Other at $134 thousand (1%); 0 of 2 grew against the year before (its annual report).

From the record

Barnwell Industries, Inc.'s newest year against its own record: revenue of $14 million in fiscal 2025 came in 4.8% below the $14 million its prior three years' pace pointed to (bottom 33% of its family); net income of $7 million against a prior three-year average of $10 thousand (bottom 3%); a net margin of -51.9% against -3.7% before (bottom 9%) (its annual reports).