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Trio Petroleum Corp. (TPET)

For the year ending 2024-10-31, TPET made $213,204 in revenue. -$9,626,797 in net income. Net profit margin of -4515.30%.

Overview

Revenue
$213,204
Net Income
-$9,626,797
Net Profit Margin
-4515.30%
EPS
-$4.32
Unit: Dollar

Unit: Dollar
2024-10-31
Revenue213,204
General and administrative expenses4,716,057
Exploration expense177,416
Stock-based compensation expense1,534,667
Accretion expense2,778
Total operating expenses6,430,918
Loss from operations-6,217,714
Interest expense2,118,548
Loss on note conversion1,290,535
Total other expenses-3,409,083
Loss before income taxes-9,626,797
Net loss-9,626,797
Basic eps-4.32
Diluted eps-4.32
Basic average shares2,226,320
Diluted average shares2,226,320
Unit: Dollar

Income Statement

DownloadDownload image
Net loss-$9,626,797 Loss before incometaxes-$9,626,797 Total other expenses-$3,409,083 Loss from operations-$6,217,714 Revenue$213,204 Loss on noteconversion$1,290,535 Interest expense$2,118,548 Total operatingexpenses$6,430,918 Accretion expense$2,778 Stock-based compensationexpense$1,534,667 Exploration expense$177,416 General andadministrative expenses$4,716,057