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Financial statements

MMEX Resources Corp financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data MMEX Resources Corp files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue00000000
Selling, general and administrative0.211.121.330.90.871.29
Selling and marketing0.0200
General and administrative1.291.681.261.41.25
Operating expenses1.951.891.151.082.961.811.31.441.36
Operating income-0.58-1.95-1.89-1.15-1.08-2.96-1.81-1.3-1.44-1.36
Interest expense0.28-1.93-1.980.520.230.340.460.25
Other non-operating income-6.184.18-2.09-3.24-23.42.74-0.17-1.16-0.86-0.55
Pre-tax income-6.772.23-3.99-4.39-24.5-0.23-1.98-2.46-2.3-1.91
Income tax00000000
Net income to minority interests-00.390-0
Net income-6.761.84-3.99-4.39-24.5-0.23-1.98-2.46-2.3-1.91
EBITDA-0.58-1.95-1.86-1.12-1.05-2.93-1.77-1.27-1.4-1.33
EPS, basic-0.010.00-0.13-6.57-14.23
EPS, diluted-0.010.00-0.13-6.57-14.23-0.000.000.00
Shares, basic (weighted)56815.431.56,6921.72
Shares, diluted (weighted)56820.531.50.671.727,19510,17118,544

Balance sheet

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash and equivalents0.050.30.060.070.330.140.01000.21
Other current assets0.010.040.020.040.050.02000.09
Total current assets0.050.310.090.090.370.180.0300.010.3
Property, plant and equipment0.30.530.510.471.111.081.041.010.97
Total assets0.050.610.630.60.841.31.111.051.011.27
Accounts payable0.690.710.710.80.80.640.730.840.960.94
Accrued liabilities0.910.240.310.550.810.850.990.931.241.79
Short-term debt0.20.080.08
Total current liabilities92.453.816.326.613.053.984.864.86.17
Long-term debt0.0400
Other non-current liabilities00
Total liabilities92.563.996.326.613.053.984.8677.88
Total debt0.0400
Paid-in capital25.633.135.637.762.266.469.167.765.956.2
Retained earnings-36.9-35.1-39.1-43.5-68-68.2-72.7-80.9-83.2-85.1
Shareholders' equity-8.95-1.95-3.36-5.72-5.77-1.76-2.87-3.81-5.98-6.61
Minority interests-0.380.010.010.010.010.010.010.010.010.01
Total equity-8.95-1.95-3.36-5.72-5.76-1.75-2.86-3.8-5.98-6.61
Total liabilities and equity0.050.610.630.60.841.31.111.051.011.27
Shares outstanding68.21.3421.221.27709,44311,34122,296

Cash flow statement

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Net income-6.772.23-3.99-4.39-24.50.23-1.98-2.46-2.3-1.91
Depreciation and amortization000.030.030.030.040.040.040.040.04
Stock-based compensation0.150.320.0900.0300.50.0300.06
Change in payables0.050.13-00.060-0.120.090.110.21-0.01
Cash from operations-0.28-1.56-1.93-0.73-0.81-3.4-0.68-0.49-0.38-0.51
Capital expenditures0.3-0.26-0.010-0.680000
Cash from investing-0.3-0.26-0.010-0.680000
Debt issued0.211.93
Debt repaid-0.08-0.06
Stock issued0.080.280.12000.040
Cash from financing0.332.121.950.761.073.890.560.480.380.71
Net change in cash-0.250.010.26-0.19-0.13-0.0100.21
Free cash flow-1.26-2.19-0.75-0.81-4.08-0.68-0.49-0.38-0.51
Interest paid0.10.010.010.1600.150.010
Income taxes paid00000000

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to July 31, 2026; growth uses fiscal years. Valuation uses the share price of $0.00 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)-68.1%Net income / average total assets.

Growth

MetricValueHow it is calculated
Total assets growth, 1y25.7%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y4.6%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y8.6%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y82.3%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y540.3%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.41xCurrent assets / current liabilities.
Quick ratio0.29x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.29x(Cash + short-term investments) / current liabilities.
Liabilities / assets209.9%Total liabilities / total assets.
Interest coverage-7.67xOperating income / interest expense.
Working capital-$3.4MCurrent assets - current liabilities.

Efficiency

MetricValueHow it is calculated
Asset turnover0.00xRevenue / average total assets.
Fixed asset turnover0.00xRevenue / average property, plant and equipment.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.00Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$0.00Revenue / diluted weighted shares.
Operating cash flow per share-$0.00Cash from operations / diluted weighted shares.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$2.2MShare price x shares outstanding.
Enterprise value$574.6KMarket cap + total debt - cash - short-term investments.
Earnings yield-101.8%Net income / market cap (the inverse of P/E).
What was MMEX Resources Corp's revenue in fiscal 2026?

MMEX Resources Corp reported revenue of $0.0 for fiscal 2026.

Was MMEX Resources Corp profitable in fiscal 2026?

No. It reported a net loss of $1.9M.

How much free cash flow did MMEX Resources Corp generate in fiscal 2026?

Cash from operations of $506.8K minus capital expenditures of $0.0 left free cash flow of -$506.8K.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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