SequelSEC

Trio Petroleum Corp TPET

Crude Petroleum & Natural Gas · CIK 0001898766 · Fiscal year ends 1031

Revenue
$30.00K
Fiscal year ended 2025-10-31
Operating income
-$5.27M
Fiscal year ended 2025-10-31
Free cash flow
Unavailable
Fiscal year ended 2025-10-31

Valuation, from the filing

Public float$8.78MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-04-30
Float per share$0.71Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue292.5×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity0.8×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-04-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-10-31 — the year that filing covered.

How this compares in its industry

Percentile among the Crude Petroleum & Natural Gas filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Gross margin743.4%100th
Revenue YoY growth-85.9%0th
SBC / revenue8763.7%100th
Net margin-24273.8%2th
Operating margin-17573.7%2th
Current ratio0.58x23th

Trio Petroleum Corp (TPET) reported revenue of $30.00K and net income of -$7.28M for the fiscal year ended 2025-10-31. This page shows 2 annual periods of income statement, balance sheet and cash flow figures normalized from Trio Petroleum Corp’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Crude Petroleum & Natural Gas.

Income

Trio Petroleum Corp income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-10-312024-10-31
Revenue$30.00K$213.20K
Cost of revenueUnavailableUnavailable
Gross profitUnavailable$213.20K
Operating income-$5.27M-$6.22M
Net income-$7.28M-$9.63M
Research & developmentUnavailableUnavailable
Weighted-average diluted sharesshares 9.12Mshares 2.23M
Pretax income-$7.28M-$9.63M
Income tax expenseUnavailableUnavailable
Diluted EPS$-0.80$-4.32
Selling, general & administrativeUnavailableUnavailable
General & administrative$2.82M$4.72M
Selling & marketingUnavailableUnavailable

Balance

Trio Petroleum Corp balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-10-312024-10-31
Cash & equivalentsUnavailableUnavailable
Total assets$13.21M$11.68M
Current assets$1.07M$565.22K
Total liabilities$1.91M$2.64M
Current liabilities$1.86M$2.59M
Total equity incl. NCI$11.30M$9.04M
Temporary (mezzanine) equityUnavailableUnavailable
InventoryUnavailableUnavailable
Accounts receivable$59.97KUnavailable
GoodwillUnavailableUnavailable
Long-term debtUnavailableUnavailable
Accounts payableUnavailableUnavailable

Cash flow

Trio Petroleum Corp cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-10-312024-10-31
Operating cash flow-$2.60M-$3.84M
Capital expendituresUnavailableUnavailable
Investing cash flow-$978.56K-$1.09M
Financing cash flow$4.17M$3.65M
Net change in cash$596.22K-$1.28M
Stock-based compensation$2.63M$1.53M
Common dividends paidUnavailableUnavailable
Common share repurchasesUnavailableUnavailable
Depreciation & amortizationUnavailableUnavailable

Derived

Trio Petroleum Corp derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-10-312024-10-31
Free cash flowUnavailableUnavailable
Gross margin743.4%100.0%
Operating margin-17573.7%-2916.3%
FCF marginUnavailableUnavailable
SBC / revenue8763.7%719.8%
Current ratio0.58x0.22x
Revenue YoY growth-85.9%Unavailable
Net margin-24273.8%-4515.3%
R&D / revenueUnavailableUnavailable
CapEx / revenueUnavailableUnavailable
Long-term debt / equityUnavailableUnavailable
Effective tax rateUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open TPET in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-09-09View SEC filing
10-Q · Filed 2026-06-11View SEC filing
10-Q · Filed 2026-03-17View SEC filing
10-K · Filed 2026-01-20View SEC filing
10-Q · Filed 2025-09-12View SEC filing
10-Q · Filed 2025-06-10View SEC filing

Companies in the same industry

Reconciliation checks needing review

1 period on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

gross profit bridgeinconsistent2025-10-31

Withheld: cost revenue, gross profit could not be reconciled with the rest of this filer’s statement.