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 | - | - | - | 15,511.5 |
| General and administrative | 373,069 | - | 1,274,526 | 1,044,237 |
| Loss on termination of lease | - | - | - | 65,947 |
| 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 |
| Loss on debt extinguishment | - | - | - | 0 |
| Other income | 0 | - | - | - |
| Interest and debt expense | - | - | - | 128,639.667 |
| Interest expense | 535,564 | - | 295,981 | - |
| Foreign exchange gain loss | - | - | - | -4,315 |
| 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 | -127,644 |
| Net loss and comprehensive loss | -961,176 | 0 | -1,828,721 | -1,573,285 |
| Net income (loss) available to common stockholders, basic | - | - | - | -913,507 |
| Basic loss per common share | -1.74 | -2.38 | -3.32 | -2.86 |
| Diluted loss per common share | -1.74 | -2.38 | -3.32 | -2.86 |
| Weighted average number of common shares outstanding - basic | 551,503 | 551,503 | 551,503 | -1,103,006 |
| Weighted average number of common shares outstanding - diluted | 551,503 | 551,503 | 551,503 | -1,103,006 |
Permex Petroleum Corp (OILCF)
Permex Petroleum Corp (OILCF)