MMEX Resources Corp (MMEX) Financial Statements (2024 and earlier)

Company Profile

Business Address 3600 DICKINSON
FORT STOCKTON, TX 79735
State of Incorp. NV
Fiscal Year End April 30
Industry (SIC) 7819 - Services Allied to Motion Picture Production (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

10/31/2023
MRQ
4/30/2023
1/31/2023
MRQ
4/30/2022
4/30/2021
4/30/2020
4/30/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 1081373306755
Cash and cash equivalents 1081373306755
Other undisclosed current assets242547382339
Total current assets:34321843689094
Noncurrent Assets
Property, plant and equipment1,0781,0871,114472507531
Deposits noncurrent assets    111
Total noncurrent assets:1,0781,0871,114473508532
TOTAL ASSETS:1,1121,1191,298841598626
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,7201,7371,4912731,285747
Interest and dividends payable  1 
Accounts payable734755640803765706
Accrued liabilities98698185180751941
Other undisclosed accounts payable and accrued liabilities    (1,337)  
Debt106 7546143975
Derivative instruments and hedges, liabilities    3,0102,6071,826
Due to related parties 272    
Other undisclosed current liabilities2,1521,8331,4882,8681,9911,166
Total current liabilities:3,9773,8413,0546,6116,3233,814
Noncurrent Liabilities
Long-term debt and lease obligation      176
Long-term debt, excluding current maturities      176
Total noncurrent liabilities:      176
Total liabilities:3,9773,8413,0546,6116,3233,990
Equity
Equity, attributable to parent, including:(2,865)(2,722)(1,756)(5,770)(5,725)(3,364)
Preferred stock    00 
Common stock7704921313,353 
Additional paid in capital69,08269,64766,42662,20224,37035,622
Accumulated deficit(72,727)(72,428)(68,213)(67,985)(43,458)(39,064)
Other undisclosed equity, attributable to parent101010101078
Equity, attributable to noncontrolling interest      10
Other undisclosed equity      (10)
Total equity:(2,865)(2,722)(1,756)(5,770)(5,725)(3,364)
TOTAL LIABILITIES AND EQUITY:1,1121,1191,298841598626

Income Statement (P&L) ($ in thousands)

10/31/2023
TTM
4/30/2023
1/31/2023
TTM
4/30/2022
4/30/2021
4/30/2020
4/30/2019
Revenues
(Insurance Commissions and Fees)
2020    
Gross profit:2020    
Operating expenses(1,811)(2,069)(2,964)(1,081)(1,153)(1,894)
Other undisclosed operating loss(20)(20)    
Operating loss:(1,811)(2,069)(2,964)(1,081)(1,153)(1,894)
Nonoperating income (expense)(168)(373)2,736(23,445)(3,240)(2,093)
Other nonoperating income (expense)(168)(373)2,736(23,445)(3,240) 
Interest and debt expense6627243 (9)1,980
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes  (27)(243) 9(1,980)
Loss from continuing operations before equity method investments, income taxes:(1,913)(2,442)(229)(24,527)(4,394)(3,987)
Other undisclosed income (loss) from continuing operations before income taxes(66)     
Loss from continuing operations:(1,979)(2,442)(229)(24,527)(4,394)(3,987)
Loss before gain (loss) on sale of properties:(2,134)(229)(24,527)(4,394)(3,987)
Other undisclosed net income3,959     
Net income (loss):1,979(2,442)(229)(24,527)(4,394)(3,987)
Other undisclosed net loss attributable to parent(3,959)     
Net loss attributable to parent:(1,979)(2,442)(229)(24,527)(4,394)(3,987)
Preferred stock dividends and other adjustments  (2,534)    
Other undisclosed net loss available to common stockholders, basic (2,534)     
Net loss available to common stockholders, diluted:(4,514)(4,977)(229)(24,527)(4,394)(3,987)

Comprehensive Income ($ in thousands)

10/31/2023
TTM
4/30/2023
1/31/2023
TTM
4/30/2022
4/30/2021
4/30/2020
4/30/2019
Net income (loss):1,979(2,442)(229)(24,527)(4,394)(3,987)
Comprehensive income (loss), net of tax, attributable to parent:1,979(2,442)(229)(24,527)(4,394)(3,987)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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