MEXCO ENERGY CORP financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data MEXCO ENERGY 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

	FY2016	FY2017	FY2018	FY2019	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	2.53	2.71	2.69	2.74	2.8	6.59	9.56	6.6	7.14	6.56
General and administrative	0.98	0.96	0.91	1.01	0.83	0.95	1.12	1.24	1.32	1.31
Operating expenses			2.68	2.8	2.64	3.6	4.72	4.77	5.41	5.29
Operating income	-0.54	-0.23	0.01	-0.06	0.16	2.98	4.83	1.84	1.73	1.27
Interest expense					0.05	0.03	0.01	0.01	0.01	0
Interest income	0	0	0	0	0	0	0.01	0.14	0.07	0.09
Other non-operating income	-0.15	-0.09	-0.02	-0.04	-0	-0.03	-0.01	0.13	0.28	0.41
Pre-tax income	-0.69	-0.32	-0.01	-0.1	0.16	2.96	4.83	1.97	2.02	1.68
Income tax						0.1	0.16	0.62	0.3	0.38
Net income	-0.69	-0.32	-0.01	-0.1	0.16	2.86	4.66	1.34	1.71	1.31
EBITDA	0.63	0.65	0.81	0.79	1.07	4.33	6.69	3.8	4.19	3.79
EPS, basic	-0.34	-0.16	-0.01	-0.05	0.08	1.36	2.17	0.64	0.83	0.64
EPS, diluted	-0.34	-0.16	-0.01	-0.05	0.08	1.32	2.11	0.62	0.81	0.63
Shares, basic (weighted)	2.04	2.04	2.04	2.04	2.05	2.1	2.15	2.11	2.06	2.05
Shares, diluted (weighted)	2.04	2.04	2.04	2.04	2.06	2.16	2.21	2.16	2.11	2.08
Dividend per share								0.10	0.10	0.10

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash and equivalents	0.07	0.49	0.13	0.03	0.06	1.37	2.24	2.47	1.75	2.78
Receivables	0.01	0.44		0.01	0.03		0.01	0.01	0.07	0.11
Other current assets	0.04	0.05	0.05	0.05	0.05	0.05	0.06	0.06	0.06	0.07
Total current assets	0.5	1.37	0.56	0.37	0.76	2.73	3.73	3.69	3.02	4.45
Property, plant and equipment	12.2	8.88	8.77	9.47	9.77	10.1	13.3	14.2	15.1	14.6
Lease right-of-use assets				0.08	0.02	0.13	0.08	0.02	0.13	0.08
Other non-current assets	0.03	0.15	0.12	0	0.08	0.01	0.01	0.01	0	0.01
Total assets	12.7	10.4	9.45	10.1	10.8	13.3	17.8	19.1	20.3	21.7
Accounts payable	0.14	0.45	0.17	0.12	0.12	0.21	0.2	0.22	0.31	0.38
Total current liabilities	0.14	0.45	0.17	0.18	0.14	0.26	0.26	0.43	0.55	0.45
Long-term debt	2.9				1.15
Lease liabilities				0.01		0.08	0.02		0.08	0.02
Total liabilities	4.01	2	1.02	1.71	2.01	1.06	0.99	1.43	1.64	1.71
Total debt	2.9	0.7		0.76	1.15
Paid-in capital	7.24	7.27	7.31	7.34	7.62	8.13	8.32	8.57	8.84	9.02
Retained earnings	0.75	0.43	0.42	0.32	0.47	3.33	7.99	9.12	10.6	11.7
Treasury stock	-0.35	-0.35	-0.35	-0.35	-0.35	-0.35	-0.59	-1.18	-1.88	-1.88
Shareholders' equity	8.7	8.4	8.43	8.36	8.82	12.2	16.8	17.6	18.7	20
Total equity	8.7	8.4	8.43	8.36	8.82	12.2	16.8	17.6	18.7	20
Total liabilities and equity	12.7	10.4	9.45	10.1	10.8	13.3	17.8	19.1	20.3	21.7
Shares outstanding	2.04	2.04	2.04	2.04	2.08	2.15	2.14	2.09	2.05	2.05

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Net income	-0.69	-0.32	-0.01	-0.1	0.16	2.86	4.66	1.34	1.71	1.31
Depreciation and amortization	1.18	0.88	0.8	0.85	0.91	1.35	1.85	1.97	2.45	2.52
Stock-based compensation	0.05	0.02	0.02	0.03	0.06	0.09	0.14	0.23	0.21	0.17
Deferred income tax								0.31	0.01	0.21
Change in receivables	-0.12	-0.44	0.48	0.06	-0.37	-0.66	-0.06	0.36	-0.17	-0.22
Change in payables	-0.12	0.3	-0.28	-0.04	0	0.1	-0.03	0.02	0.07	-0.03
Cash from operations	0.21	0.44	1.01	0.86	0.71	3.74	6.52	4.43	4.27	3.78
Acquisitions				-0.15	-0.05
Purchases of investments					-0.05	-0.08	-0.43	-0.4	-1	-0.43
Cash from investing	2.51	2.18	-0.66	-1.74	-1.39	-1.71	-5.44	-3.42	-4.15	-2.54
Debt issued				1.29	0.94	0.28	0.68	0.28	0.65
Debt repaid	-2.68	-2.2	-0.7	-0.49	-0.55	-1.46	-0.68	-0.28	-0.65
Stock issued			0.02		0.25	0.46	0.03	0.02	0.08
Share buybacks							-0.24
Dividends paid								-0.21	-0.21	-0.2
Cash from financing	-2.68	-2.2	-0.72	0.78	0.7	-0.72	-0.21	-0.78	-0.83	-0.22
Net change in cash	0.04	0.42	-0.36	-0.09	0.02	1.31	0.87	0.24	-0.72	1.02
Interest paid	0.16	0.09	0.02	0.02	0.04	0.01	0	0	0	0
Income taxes paid									0.23	0.36

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $10.31 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Operating margin	23.0%	Operating income / revenue.
EBITDA margin	59.2%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	30.0%	Pre-tax income / revenue.
Net margin	23.1%	Net income / revenue.
Operating cash flow margin	57.0%	Cash from operations / revenue.
Effective tax rate	23.1%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	7.7%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	7.0%	Net income / average total assets.
Return on invested capital (ROIC)	6.3%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue	2.4%	Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue	36.2%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	-8.1%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	-11.8%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	18.6%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	-26.7%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	-35.9%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	51.6%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	-9.3%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	-17.2%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	28.9%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	-23.7%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	-34.6%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	53.0%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	-22.2%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	-33.2%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	51.1%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	-11.5%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	-16.6%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	39.7%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	0.0%	Dividend per share vs the same period a year earlier. Only from a positive base.
Book value growth, 1y	6.8%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	5.9%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	17.8%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	6.6%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	6.8%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	14.9%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	-1.3%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-2.0%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	0.2%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	6.16x	Current assets / current liabilities.
Quick ratio	2.56x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	2.45x	(Cash + short-term investments) / current liabilities.
Liabilities / assets	8.4%	Total liabilities / total assets.
Interest coverage	361x	Operating income / interest expense.
Working capital	$2.7M	Current assets - current liabilities.
Tangible book value	$20.3M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.31x	Revenue / average total assets.
Fixed asset turnover	0.42x	Revenue / average property, plant and equipment.
Receivables turnover	122x	Revenue / average receivables.
Days sales outstanding	3 days	365 x average receivables / revenue.

Per share

Metric	Value	How it is calculated
EPS, diluted	$0.75	Net 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	$3.26	Revenue / diluted weighted shares.
Operating cash flow per share	$1.86	Cash from operations / diluted weighted shares.
Book value per share	$9.93	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$9.93	Tangible book value / shares outstanding.
Cash per share	$0.63	(Cash + short-term investments) / shares outstanding.
Payout ratio	13.1%	Dividends paid / net income, when net income is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$21.1M	Share price x shares outstanding.
Enterprise value	$19.8M	Market cap + total debt - cash - short-term investments.
P/E	13.5x	Market cap / net income. Only when net income is positive.
P/S	3.11x	Market cap / revenue.
P/B	1.04x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	1.04x	Market cap / tangible book value, when positive.
P/OCF	5.45x	Market cap / cash from operations, when positive.
EV/Sales	2.92x	Enterprise value / revenue.
EV/EBIT	12.7x	Enterprise value / operating income, when both are positive.
EV/EBITDA	4.93x	Enterprise value / EBITDA, when both are positive.
Earnings yield	7.4%	Net income / market cap (the inverse of P/E).
Dividend yield	1.0%	Dividends paid over the period / market cap.
Shareholder yield	1.0%	(Dividends paid + share buybacks) / market cap.

What was MEXCO ENERGY CORP's revenue in fiscal 2026?

MEXCO ENERGY CORP reported revenue of $6.6M for fiscal 2026, 8.1% lower than the year before.

Was MEXCO ENERGY CORP profitable in fiscal 2026?

Yes. Net income was $1.3M, a net margin of 19.9%.

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.

Open interactive statements, quarterly figures and charts

Back to MEXCO ENERGY CORP