PEDEVCO Corp. (PED)

From the record

PEDEVCO Corp.'s filings since 2017 show 8 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2017-05-09); a warning not to rely on past financial statements (8-K item 4.02, 3 times, the latest 2025-10-29); an auditor change (8-K item 4.01, 2 times, the latest 2025-07-08); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2021-11-16) (its current reports).

From the record

PEDEVCO Corp.'s 10 filed years say what it did: revenue went from $770 thousand in fiscal 2012 to $46 million in fiscal 2025, up 36.9% a year; it rose in 8 of 9 years; the deepest fall was 38% from fiscal 2019 to fiscal 2020; net income was positive in 4 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, PEDEVCO Corp.'s diluted share count grew about 2.6% 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 8 sales (4 under scheduled 10b5-1 plans) and 3 purchases of their own stock on the open market in the year to 2026-11-03, buying about $2 million (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, PEDEVCO Corp. lost about 5 cents for every dollar of shareholders' money. Leverage: it owed about 45 cents per dollar of assets, and net share issuance: its share count grew 3.4% over the year (the filed statements).

From the record

PEDEVCO Corp.'s standing among 76 graded names in its industry family: revenue of $46 million in fiscal 2025 ranks in the bottom 18% by size; a net margin of -22.6% ranks in the bottom 20%; revenue growth of 15.1% a year over the last 3 filed years ranks in the top 19% (its annual reports).

From the record

PEDEVCO Corp.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Kukes, Simon G (Chief Executive Officer, as filed), filing under that title since 2026-03-03, 8 months (bottom 18% of its family); the 14 officers and directors filing in the last fifteen months have been on the record a median of 1.6 years (bottom 6%); 14 officer or director changes were reported on Form 8-K since 2023-11-13, against the 14 people in charge now (bottom 11%; 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

PEDEVCO Corp.'s room to grow, from the newest filed statements (fiscal 2025): cash of $3 million against no long-term debt tagged leaves 0.9% of its assets as net cash, top 27% of its family; cash from operations less capital spending is 23.5% of revenue (bottom 49%) (its annual report).

From the record

PEDEVCO Corp.'s growth drivers, from the filed years to fiscal 2025: revenue grew 15.1% a year over the last three filed years against 36.9% over all 10, slowing (bottom 28% of its family); the newest year grew 15.7% (top 28%); capital spending grew 37.5% a year (top 16%) (its annual reports). PEDEVCO Corp. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

PEDEVCO Corp.'s newest year against its own record: revenue of $46 million in fiscal 2025 came in 0.8% above the $45 million its prior three years' pace pointed to (bottom 38% of its family); net income of $10 million against a prior three-year average of $6 million (bottom 12%); a net margin of -22.6% against 15.4% before (bottom 17%) (its annual reports).