Financial insights of OILCF

MyFinsight

For the quarter ending 2025-06-30, OILCF made $109,931 in revenue. -$961,176 in net income. Net profit margin of -874.34%.

Income Statement	2025-06-30	2025-03-31	2024-12-31	2024-09-30
Total revenues	109,931	-	123,215	24,754
Royalty income	-	-	3,566	4,623
Total revenues	-	0	126,781	29,377
Lease operating expense	100,135	-	428,268	31,123
Write off of property and equipment	-	-	-	91,164.75*
General and administrative	373,069	-	1,274,526	1,044,237
Loss on termination of lease	-	-	-	-9,706.25*
Depletion and depreciation	29,085	-	55,719	27,386
Accretion on asset retirement obligations	14,972	-	14,971	9,198
Gain on settlement of trade payables	0	-	197,207	-
Total operating expenses	517,261	0	1,576,277	1,212,815
Loss from operations	-407,330	0	-1,449,496	-1,183,438
Gain on debt extinguishment	-	-	-	-187,298.5*
Other income	0	-	-	-
Interest and debt expense	-	-	-	191,537*
Interest expense	535,564	-	295,981	-
Foreign exchange loss gain	-	-	-	-13,011.5*
Loss on debt extinguishment	0	-	-105,349	-
Other income	-	-	-	2,000*
Foreign exchange gain (loss)	-18,282	-	22,105	-
Total other income (expense)	-553,846	-	-379,225	-389,847
Net loss and comprehensive loss	-961,176	0	-1,828,721	-1,573,285
Net income (loss) available to common stockholders, basic	-	-	-	-1,573,285

Basic EPS	-1.74	-2.38	-3.32	-2.853
Diluted EPS	-1.74	-2.38	-3.32	-2.853
Basic Average Shares	551,503	551,503	551,503	551,503
Diluted Average Shares	551,503	551,503	551,503	551,503