Financial insights of TPET

MyFinsight

For the year ending 2025-10-31, TPET made $398,734 in revenue. -$7,267,662 in net income. Net profit margin of -1822.68%.

Unit: Dollar

Income Statement	2025-10-31	2024-10-31
Revenue	398,734	213,204
Cost of goods sold	175,729	-
Gross profit	223,005	-
Exploration expense	45,594	-
General and administrative expenses	2,817,626	4,716,057
Stock-based compensation expense	2,629,110	1,534,667
Exploration expense	-	177,416
Accretion expense	2,778	2,778
Total operating expenses	5,495,108	6,430,918
Loss from operations	-5,272,103	-6,217,714
Loss on note conversion	-	1,290,535
Interest expense	605,515	2,118,548
Loss on abandonment of oil and gas properties	611,763	-
Loss on extinguishment	-89,339	-
Loss on conversion	712,253	-
Gain on foreign currency translation	8,840	-
Total other expenses	-2,010,030	-3,409,083
Loss before income taxes	-7,282,133	-9,626,797
Net loss	-7,282,133	-9,626,797
Foreign currency translation adjustment	-14,471	-
Comprehensive loss	-7,267,662	-

Basic	-0.8	-4.32
Basic	9,116,944	2,226,320
Diluted	-0.8	-4.32
Diluted	9,116,944	2,226,320