Company Analysis

Trio Petroleum Corp. (TPET)

NYSE: TPET · Crude Petroleum & Natural Gas · Bakersfield, CA · filing with the SEC since 2022
Grade3.3
◀ Past 2.6● Present 2.9▶ Future 4.8
4 est.

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in October.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022
Period endingOct 31, 2025Oct 31, 2024Oct 31, 2023Oct 31, 2022
Report filedJan 20, 2026Jan 17, 2025Jan 29, 2024·
Revenue398,734213,204··
For lenders
Net interest income27,606···
Cost of revenue175,729···
Gross profit223,005213,204··
General and administrative2,817,6264,716,0573,315,782r768,379
Total operating expenses5,495,1086,430,9184,614,564r806,028
Operating income-5,272,103-6,217,714-4,614,564r-806,028
Interest expense605,5152,118,548791,8111,661,981
Total non-operating income (expense)-2,010,030-3,409,083-1,929,862r-2,994,364
Income before income taxes-7,282,133-9,626,797-6,544,426-3,800,392
Net income-7,282,133-9,626,797-6,544,426-3,800,392
Earnings per share, basic-0.80-4.32-5.67r-5.20b
Earnings per share, diluted-0.80-4.32-5.67r-5.20b
Weighted average shares, basic9,116,9442,226,3201,153,988r739,889b
Weighted average shares, diluted9,116,9442,226,3201,153,988r739,889b
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-20 reverse split.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton TPET · research, not advice