Riley Exploration Permian, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Riley Exploration Permian, 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

	FY2017	FY2018	FY2019	FY2020	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	4.68	5.87	4.91	76.9	3.04	151	322	375	410	392
Cost of revenue				0.5		0.48	0.45
Gross profit				76.4		151	321
General and administrative	1.17	1.25	1.3		2.19
Operating expenses	5.48	5.63	5.42		6.86
Operating income	-0.79	0.24	-0.51	7.29	-3.82	59.9	204	172	154	133
Interest expense	0.05	0.01	0.01	5.3	0.01	4.53	1.09	31.8	34.3	31.4
Other non-operating income	-0.05	0.19	0.04	28.6	0.17	-93.7	-52.7	-25.8	-36.7	75.7
Pre-tax income	-0.85	0.43	-0.46	35.9	-3.65	-33.9	151	146	117	209
Income tax	-0.24	-0.02	-0.03	0.72		13	32.8	34.5	28.1	48.1
Income from continuing operations	-0.6	0.44	-0.44	35.1		-46.9	118
Net income	-0.57	1.57	-0.44	35.1	-3.65	-65.7	118	112	88.9	161
EBITDA	0.07	1.04	0.21	28.8	-3.17	85.9	236	237	229	226
EPS, basic	-0.06		-0.49	2.54	-4.10	-4.19	6.04	5.66	4.29	7.61
EPS, diluted	-0.06		-0.49	2.13	-4.10	-4.19	5.99	5.58	4.26	7.59
Shares, basic (weighted)	10.1	10.6	0.89	12.5	0.89	16	19.6	19.7	20.7	21.1
Shares, diluted (weighted)	10.1	10.6	0.89	16.5	0.89	16	19.7	20	20.9	21.2

Balance sheet

	FY2017	FY2018	FY2019	FY2020	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	0.19	3.12	3.06	1.66	1.56	17.1	13.3	15.3	13.1	17.9
Receivables	0.52	0.53	0.56	10.1	0.29	17.5	25.6	35.1	44.4	41
Inventory	0.54	0.46	0.42	0.3	0.36		8.89	6.18	5.73	7.93
Other current assets	0.13	0.24	0	0	0	1.73	3.24	1.63	1.59	7.76
Total current assets	1.49	4.35	4.28	32.4	2.33	36.7	51	63.3	68.1	93.8
Property, plant and equipment	0.14	0.19	0.15	1.8	0.1	3.18	20	20.7	30.5	21.9
Lease right-of-use assets			0.04	0.7	0.04	0.31	1.37	1.89	1.4	3.32
Other non-current assets	0	0		2.95		2.42	4.18	6.98	10.7	15.9
Total assets	8.11	9.48	8.92	351	5.37	388	515	946	994	1,170
Accounts payable	0.18	0.13	0.27	4.74	0.22	12.2	3.94	3.86	13.9	5.08
Accrued liabilities	0.19	0.28	0.16	8.69	0.2	18.6	35.6	33.2	33.9	37.7
Deferred revenue				4.43		9.01	17.8	30.7	34.8	59.6
Short-term debt	0.04	0.05		0.1			0	20	20	20
Total current liabilities	0.61	0.55	0.61	18.6	0.6	83.6	76.3	94.3	123	157
Long-term debt	0.05	0.07		0.07			56	336	249	228
Lease liabilities				0.31		0	0.84	0.94	0.67	2.14
Other non-current liabilities				0.42		0.06	1.05	1.21	0.96	4.77
Total liabilities	2.93	2.72	2.57	124	2.66	167	182	524	483	535
Total debt	0.09	0.12		0.17			56	356	269	248
Paid-in capital	58.3	58.3	58.3	0	58.3	271	275	279	310	307
Retained earnings	-53.1	-51.5	-52	0	-55.6	-49.2	58.8	142	200	328
Shareholders' equity	5.18	6.77	6.35	0	0	222	333	422	511	634
Total equity	5.18	6.77	6.35	0	0	222	333	422	511	634
Total liabilities and equity	8.11	9.48	8.92	351	5.37	388	515	946	994	1,170
Shares outstanding	10.6	10.6	0.89	0	0.89	19.7	20.2	20.4	21.5	21.7

Cash flow statement

	FY2017	FY2018	FY2019	FY2020	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	-0.57	1.57	-0.44	35.1	-3.65	-65.7	118	112	88.9	161
Depreciation and amortization	0.86	0.8	0.72	21.5	0.64	26	32.1	65.1	74.9	93.2
Stock-based compensation	0.01	0.02	0.02	0	0.01	6.1	3.95	6.98	8.14	9.13
Deferred income tax	-0.24			0.67		13	28.4	27.6	3.2	11.4
Change in receivables	-0.32	0.1	0.04	1.52	0.33	-7.35	-7.55	-9.58	-9.29	12.4
Change in inventory	0.2	-0.03	-0.07		0.19		-6.24	-0.55	1.51	0.27
Change in payables	-0.08	-0.06	0.06	0.02	0.03	7.45	2.86	3.2	9.88	-3.73
Cash from operations	0.15	1.34	0.23	62.6	-1.55	86.1	170	207	246	213
Acquisitions							0	-325	0	-118
Cash from investing	-0.18	1.64	-0.23	-51.5	-0.07	-59.6	-128	-470	-148	-146
Debt issued							0	188	0	0
Debt repaid	-2.85	-0.14	-0.05		-0.04		0	-15	-20	-20
Stock issued	2.7	0.1		0		50	0
Dividends paid				-15.3		-18.3	-25.1	-27.7	-30.8	-33.3
Cash from financing	0.13	-0.04	-0.05	-13.1	0.13	-14.9	-37	264	-101	-62
Net change in cash	0.11	2.93	-0.06	-2.07	-1.49	15.4	4.98	2.02	-2.2	4.77
Interest paid	0.03		0.01	4.21	0.01	3.23	1.75	27.1	31.6	28.2
Income taxes paid						0.19	3.61	9.95	18.1	20.6

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 $40.55 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Operating margin	38.4%	Operating income / revenue.
EBITDA margin	60.1%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	31.8%	Pre-tax income / revenue.
Net margin	24.5%	Net income / revenue.
Operating cash flow margin	49.4%	Cash from operations / revenue.
Effective tax rate	22.9%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	18.7%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	9.3%	Net income / average total assets.
Return on invested capital (ROIC)	16.3%	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	2.3%	Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue	21.7%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	-4.4%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	6.8%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	164.3%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	-13.3%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	-13.2%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA growth, 1y	-0.9%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	-1.3%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income growth, 1y	80.9%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	10.9%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS growth, 1y	78.2%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	8.2%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y	-13.7%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	7.7%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y	24.2%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	23.9%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y	17.7%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	31.4%	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	193.5%	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	1.5%	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	2.5%	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	88.5%	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	0.45x	Current assets / current liabilities.
Quick ratio	0.39x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.09x	(Cash + short-term investments) / current liabilities.
Debt / equity	0.42x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	21.1%	Total debt / total assets.
Liabilities / assets	50.1%	Total liabilities / total assets.
Net debt	$246.8M	Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA	0.85x	Net debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage	6.06x	Operating income / interest expense.
Working capital	-$127.7M	Current assets - current liabilities.
Tangible book value	$633.4M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.38x	Revenue / average total assets.
Fixed asset turnover	20.9x	Revenue / average property, plant and equipment.
Receivables turnover	7.00x	Revenue / average receivables.
Days sales outstanding	52 days	365 x average receivables / revenue.

Per share

Metric	Value	How it is calculated
EPS, diluted	$5.58	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	$22.76	Revenue / diluted weighted shares.
Operating cash flow per share	$11.25	Cash from operations / diluted weighted shares.
Book value per share	$29.80	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$29.80	Tangible book value / shares outstanding.
Cash per share	$0.97	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$898.3M	Share price x shares outstanding.
Enterprise value	$1.15B	Market cap + total debt - cash - short-term investments.
P/E	7.57x	Market cap / net income. Only when net income is positive.
P/S	1.86x	Market cap / revenue.
P/B	1.42x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	1.42x	Market cap / tangible book value, when positive.
P/OCF	3.76x	Market cap / cash from operations, when positive.
EV/Sales	2.37x	Enterprise value / revenue.
EV/EBIT	6.16x	Enterprise value / operating income, when both are positive.
EV/EBITDA	3.94x	Enterprise value / EBITDA, when both are positive.
Earnings yield	13.2%	Net income / market cap (the inverse of P/E).
PEG	0.92x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

What was Riley Exploration Permian, Inc.'s revenue in fiscal 2025?

Riley Exploration Permian, Inc. reported revenue of $392.0M for fiscal 2025, 4.4% lower than the year before.

Was Riley Exploration Permian, Inc. profitable in fiscal 2025?

Yes. Net income was $160.8M, a net margin of 41%.

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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