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Financial statements

OKMIN RESOURCES, INC. financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data OKMIN RESOURCES, INC. 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

FY2022FY2023FY2024FY2025
Revenue0.090.110.040.02
Cost of revenue0.090.260.090.04
Gross profit0-0.15-0.05-0.02
General and administrative0.240.380.410.39
Operating expenses0.240.380.810.56
Operating income-0.23-0.53-0.86-0.58
Interest expense0.020.02
Interest income0.010
Other non-operating income0-0.01-0.02
Pre-tax income-0.23-0.53-0.87-0.6
Income tax0000
Net income-0.23-0.53-0.87-0.6
EBITDA-0.23-0.53-0.86-0.58
EPS, basic-0.020.00-0.01-0.01
EPS, diluted-0.020.000.000.00
Shares, basic (weighted)94.1110114116
Shares, diluted (weighted)136167172173

Balance sheet

FY2022FY2023FY2024FY2025
Cash and equivalents0.210.210.070.01
Other current assets0000
Total current assets0.240.210.070.01
Total assets0.90.920.370.13
Accounts payable000.030.03
Accrued liabilities0.050.0100.06
Total current liabilities0.060.140.530.75
Long-term debt0.17
Total liabilities0.290.350.530.75
Paid-in capital0.911.391.531.67
Retained earnings-0.31-0.84-1.71-2.31
Shareholders' equity0.610.57-0.17-0.62
Total equity0.610.57-0.17-0.62
Total liabilities and equity0.90.920.370.13
Shares outstanding100113114118

Cash flow statement

FY2022FY2023FY2024FY2025
Net income-0.23-0.53-0.87-0.6
Depreciation and amortization000.010.01
Deferred income tax0.020
Change in payables0.060.080.190.23
Cash from operations-0.18-0.31-0.13-0.04
Cash from investing-0.56-0.0500
Stock issued0.460.4
Cash from financing0.680.35-0.02-0.02
Net change in cash-0.060-0.14-0.06

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to March 31, 2026; growth uses fiscal years. Valuation uses the share price of $0.05 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin-180.5%Gross profit / revenue.
Operating margin-4,169.0%Operating income / revenue.
EBITDA margin-4,145.0%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-4,080.0%Pre-tax income / revenue.
Net margin-4,080.0%Net income / revenue.
Operating cash flow margin-918.5%Cash from operations / revenue.
Return on assets (ROA)-524.1%Net income / average total assets.
D&A / revenue24.7%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-47.9%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y-37.7%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y-63.6%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-47.1%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y0.7%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y8.2%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.05xCurrent assets / current liabilities.
Quick ratio0.04x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.04x(Cash + short-term investments) / current liabilities.
Liabilities / assets655.6%Total liabilities / total assets.
Interest coverage-27.0xOperating income / interest expense.
Working capital-$655.7KCurrent assets - current liabilities.
Tangible book value-$585.6KShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.13xRevenue / average total assets.
Days payables357 days365 x average accounts payable / cost of revenue.

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.
Book value per share-$0.00Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.00Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$6.5MShare price x shares outstanding.
Enterprise value$6.5MMarket cap + total debt - cash - short-term investments.
P/S478xMarket cap / revenue.
EV/Sales477xEnterprise value / revenue.
Earnings yield-8.5%Net income / market cap (the inverse of P/E).
What was OKMIN RESOURCES, INC.'s revenue in fiscal 2025?

OKMIN RESOURCES, INC. reported revenue of $22.2K for fiscal 2025, 47.9% lower than the year before.

Was OKMIN RESOURCES, INC. profitable in fiscal 2025?

No. It reported a net loss of $597.2K.

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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