SequelSEC

Trio Petroleum Corp TPET

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

Revenue
$851.28K
Fiscal year ended 2026-07-31
Operating income
-$6.83M
Fiscal year ended 2026-07-31
Free cash flow
Unavailable
Fiscal year ended 2026-07-31

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 $851.28K and net income of -$6.96M for the fiscal year ended 2026-07-31. This page shows 1 annual period 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.
Metric2026-07-31
Revenue$851.28K
Cost of revenue$691.13K
Gross profit$160.15K
Operating income-$6.83M
Net income-$6.96M
Research & developmentUnavailable
Weighted-average diluted sharesUnavailable
Pretax income-$7.07M
Income tax expenseUnavailable
Diluted EPSUnavailable
Selling, general & administrativeUnavailable
General & administrativeUnavailable
Selling & marketingUnavailable

Balance

Trio Petroleum Corp balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-07-31
Cash & equivalents$23.20M
Total assets$37.90M
Current assets$24.68M
Total liabilities$1.41M
Current liabilities$1.20M
Total equity incl. NCI$36.49M
Temporary (mezzanine) equityUnavailable
InventoryUnavailable
Accounts receivable$157.39K
GoodwillUnavailable
Long-term debtUnavailable
Accounts payableUnavailable

Cash flow

Trio Petroleum Corp cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-07-31
Operating cash flow-$3.14M
Capital expendituresUnavailable
Investing cash flow-$104.37K
Financing cash flow$26.93M
Net change in cash$23.71M
Stock-based compensation$3.31M
Common dividends paidUnavailable
Common share repurchasesUnavailable
Depreciation & amortizationUnavailable

Derived

Trio Petroleum Corp derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-07-31
Free cash flowUnavailable
Gross margin18.8%
Operating margin-802.5%
FCF marginUnavailable
SBC / revenue388.4%
Current ratio20.55x
Revenue YoY growth180.3%
Net margin-817.9%
R&D / revenueUnavailable
CapEx / revenueUnavailable
Long-term debt / equityUnavailable
Effective tax rateUnavailable

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

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.