Permex Petroleum Corp (OILCF) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
2911 TURTLE CREEK BLVD DALLAS, TX 75219 |
| State of Incorp. | BC |
| Fiscal Year End | September 30 |
| Industry (SIC) | 1381 - Drilling Oil and Gas Wells (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2025 MRQ | 12/31/2024 MRQ | 9/30/2024 | 9/30/2023 | 9/30/2022 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 691 | 1,514 | 83 | 3,300 | |||
| Cash and cash equivalent | 691 | 1,514 | 83 | 3,300 | |||
| Receivables | 17 | 18 | 5 | 40 | |||
| Other undisclosed current assets | 161 | 173 | 200 | 415 | |||
| Total current assets: | 868 | 1,705 | 288 | 3,755 | |||
| Noncurrent Assets | |||||||
| Operating lease, right-of-use asset | 147 | 241 | |||||
| Property, plant and equipment | 10,471 | 10,281 | 10,361 | 8,427 | |||
| Other undisclosed noncurrent assets | 75 | 75 | 145 | 145 | |||
| Total noncurrent assets: | 10,546 | 10,356 | 10,653 | 8,813 | |||
| TOTAL ASSETS: | 11,414 | 12,061 | 10,942 | 12,568 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 3,839 | 3,787 | 3,228 | 1,561 | |||
| Accounts payable | 3,839 | 3,787 | 3,228 | 1,561 | |||
| Debt | 2,963 | 1,526 | 126 | 38 | |||
| Other undisclosed current liabilities | 2,250 | 77 | 104 | ||||
| Total current liabilities: | 6,802 | 7,563 | 3,431 | 1,704 | |||
| Noncurrent Liabilities | |||||||
| Liabilities, other than long-term debt | 408 | 393 | 342 | 377 | |||
| Asset retirement obligations | 408 | 393 | 260 | 236 | |||
| Operating lease, liability | 81 | 141 | |||||
| Other undisclosed noncurrent liabilities | 24 | ||||||
| Total noncurrent liabilities: | 408 | 393 | 342 | 401 | |||
| Total liabilities: | 7,210 | 7,956 | 3,773 | 2,104 | |||
| Equity | |||||||
| Equity, attributable to parent | 4,204 | 4,105 | 7,169 | 10,463 | |||
| Common stock | 14,947 | 14,947 | 14,947 | 14,338 | |||
| Additional paid in capital | 7,403 | 5,475 | 4,549 | 4,513 | |||
| Accumulated other comprehensive loss | (127) | (127) | (127) | (127) | |||
| Accumulated deficit | (18,018) | (16,190) | (12,200) | (8,260) | |||
| Total equity: | 4,204 | 4,105 | 7,169 | 10,463 | |||
| TOTAL LIABILITIES AND EQUITY: | 11,414 | 12,061 | 10,942 | 12,568 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2025 TTM | 12/31/2024 TTM | 9/30/2024 | 9/30/2023 | 9/30/2022 | ||
|---|---|---|---|---|---|---|
| Revenues | 176 | 100 | 666 | 815 | ||
| Gross profit: | 176 | 100 | 666 | 815 | ||
| Operating expenses | (3,905) | (3,135) | (4,668) | (3,779) | ||
| Other undisclosed operating income | 14 | 16 | 23 | 63 | ||
| Operating loss: | (3,716) | (3,019) | (3,980) | (2,900) | ||
| Nonoperating income (expense) | (1,356) | (970) | 40 | 186 | ||
| Other nonoperating income (expense) | (1,356) | (970) | 40 | 186 | ||
| Interest and debt expense | (587) | (483) | (1) | (9) | ||
| Loss from continuing operations before income taxes: | (5,659) | (4,472) | (3,941) | (2,724) | ||
| Income tax benefit | 373 | 290 | ||||
| Other undisclosed income from continuing operations | 373 | |||||
| Loss from continuing operations: | (5,286) | (4,099) | (3,651) | (2,724) | ||
| Other undisclosed net income | 23,116 | 20,289 | 16,395 | |||
| Net income (loss): | 17,830 | 16,190 | 12,744 | (2,724) | ||
| Other undisclosed net income (loss) attributable to parent | (22,896) | (20,179) | (16,684) | 9 | ||
| Net loss attributable to parent: | (5,066) | (3,989) | (3,940) | (2,715) | ||
| Other undisclosed net loss available to common stockholders, basic | (543) | |||||
| Net loss available to common stockholders, diluted: | (5,066) | (3,989) | (4,483) | (2,715) | ||
Comprehensive Income ($ in thousands)
| 3/31/2025 TTM | 12/31/2024 TTM | 9/30/2024 | 9/30/2023 | 9/30/2022 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | 17,830 | 16,190 | 12,744 | (2,724) | ||
| Comprehensive income (loss): | 17,830 | 16,190 | 12,744 | (2,724) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 9 | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | 17,830 | 16,190 | 12,744 | (2,715) | ||
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.