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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›TPET›Financials
Annual statements · SEC XBRL · FY2022 – FY2025

Trio Petroleum Corp (TPET) financials

Income statement

Trio Petroleum Corp (TPET) income statement, annual, from SEC filings
Fiscal yearFY2022FY2023FY2024FY2025
Revenue——$213K$399K
Revenue growth———87.0%
Gross profit——$213K$223K
Gross margin——100.0%55.9%
Operating income-$806K-$4.61M-$6.22M-$5.27M
Operating margin——-2916.3%-1322.2%
Net income-$3.80M-$6.54M-$9.63M-$7.28M
Net margin——-4515.3%-1826.3%
EPS (diluted)-$0.26-$5.67-$4.32-$0.80

Cash flow

Trio Petroleum Corp (TPET) cash flow, annual, from SEC filings
Fiscal yearFY2022FY2023FY2024FY2025
Operating cash flow-$502K-$4.04M-$3.84M-$2.60M

Balance sheet

Trio Petroleum Corp (TPET) balance sheet, annual, from SEC filings
Fiscal yearFY2022FY2023FY2024FY2025
Cash & equivalents$73.6K$1.56M$286K$882K
Total assets$9.49M$11.6M$11.7M$13.2M
Total liabilities$6.77M$1.90M$2.64M$1.91M
Shareholders' equity$2.72M$9.74M$9.04M$11.3M
Retained earnings-$3.90M-$10.4M-$20.1M-$27.4M
Shares (wtd avg diluted)14.8M1.15M2.23M9.12M

Every figure is extracted from Trio Petroleum Corp’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Trio Petroleum Corp's annual revenue?
Trio Petroleum Corp (TPET) reported $399K of revenue for fiscal year 2025 — up 87.0% from $213K in FY2024, per its annual report filed with the SEC.
Is Trio Petroleum Corp profitable?
Not in FY2025 — TPET reported a net loss of $7.28M, per SEC filings.
Does TPET pay a dividend?
Trio Petroleum Corp reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full TPET analysis — verdict, score & filings →Is TPET a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.