Trio Petroleum Corp
Financial highlights
| Metric | FY 10/31/25 | FY 10/31/24 | FY 10/31/23 | FY 10/31/22 | FY 10/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $398,734 | $213,204 | — | — | — |
| Cost of revenue | $175,729 | — | — | — | — |
| Gross profit | $223,005 | $213,204 | — | — | — |
| Operating expenses | $5.5M | $6.4M | $4.6M | $806,028 | — |
| Operating income | -$5.3M | -$6.2M | -$4.6M | -$806,028 | — |
| Interest expense | $605,515 | $2.1M | $791,811 | $1.7M | — |
| Pretax income | -$7.3M | -$9.6M | -$6.5M | -$3.8M | — |
| Net income | -$7.3M | -$9.6M | -$6.5M | -$3.8M | — |
| Balance Sheet | |||||
| Current assets | $1.1M | $565,219 | $1.7M | $1.8M | — |
| Total assets | $13.2M | $11.7M | $11.6M | $9.5M | — |
| Current liabilities | $1.9M | $2.6M | $1.9M | $6.7M | — |
| Total liabilities | $1.9M | $2.6M | $1.9M | $6.8M | — |
| Stockholders' equity | $11.3M | $9.0M | $9.7M | $2.7M | $4.1M |
| Cash Flow Statement | |||||
| Cash from operations | -$2.6M | -$3.8M | -$4.0M | -$502,144 | — |
| Stock-based compensation | $2.6M | $1.5M | $1.0M | $6,202 | — |
Shares outstanding 31.9M · Free float 90.7%
Annual filing data through FY ended October 31, 2025; float as of July 4, 2026.