Cojax Oil Gas Financials
This page shows Cojax Oil Gas (CJAX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
For every $1 of reported earnings, Cojax Oil Gas generates $-0.04 in operating cash flow ($41K OCF vs -$1.1M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Cojax Oil Gas earns $-417.1 in operating income for every $1 of interest expense (-$1.0M vs $2K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Cojax Oil Gas generated $964K in revenue in fiscal year 2025. This represents a decrease of 0.8% from the prior year.
Cojax Oil Gas's EBITDA was -$676K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 46.4% from the prior year.
Cojax Oil Gas reported -$1.1M in net income in fiscal year 2025. This represents an increase of 31.1% from the prior year.
Cojax Oil Gas earned $-0.08 per diluted share (EPS) in fiscal year 2025. This represents an increase of 38.5% from the prior year.
Cash & Balance Sheet
Cojax Oil Gas had 14M shares outstanding in fiscal year 2025. This represents an increase of 1.2% from the prior year.
Margins & Returns
Cojax Oil Gas's operating margin was -106.8% in fiscal year 2025, reflecting core business profitability. This is up 58.8 percentage points from the prior year.
Cojax Oil Gas's net profit margin was -115.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 50.6 percentage points from the prior year.
Capital Allocation
CJAX Income Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $213K-8.9% | $234K-30.9% | $338K+53.0% | $221K-11.8% | $251K-21.2% | $318K+74.7% | $182K-30.6% | $262K |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $136K-33.5% | $204K-25.5% | $274K+44.5% | $190K-7.6% | $206K+20.5% | $171K-51.9% | $354K-11.7% | $401K |
| Operating Income | -$157K+22.8% | -$204K-41.2% | -$144K+86.7% | -$1.1M-625.3% | -$149K-100.6% | -$74K+75.5% | -$303K+75.0% | -$1.2M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$158K+22.7% | -$204K-40.9% | -$145K+86.6% | -$1.1M-622.6% | -$150K-101.2% | -$74K+75.5% | -$303K+75.0% | -$1.2M |
| EPS (Diluted) | $-0.010.0% | $-0.010.0% | $-0.01 | N/A | $-0.010.0% | $-0.01+66.7% | $-0.03 | N/A |
CJAX Balance Sheet
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $10.2M-1.1% | $10.3M-1.2% | $10.5M-0.5% | $10.5M-7.3% | $11.3M+64.3% | $6.9M+61.4% | $4.3M-2.1% | $4.4M |
| Current Assets | $204K-12.8% | $233K-10.8% | $262K+21.7% | $215K-32.1% | $317K-2.9% | $326K+27.5% | $256K-9.0% | $281K |
| Cash & Equivalents | $0 | $0-100.0% | $77K | $0-100.0% | $250K0.0% | $250K0.0% | $250K+229.3% | $76K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $119K-29.7% | $170K-5.2% | $179K+21.9% | $147K-13.6% | $170K-14.7% | $199K+12.8% | $177K-13.8% | $205K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.8M+2.8% | $1.7M-13.1% | $2.0M+4.8% | $1.9M+15.1% | $1.6M+11.2% | $1.5M+4.3% | $1.4M+8.6% | $1.3M |
| Current Liabilities | $1.2M+3.5% | $1.1M-19.1% | $1.4M+6.3% | $1.3M-3.5% | $1.4M+4.5% | $1.3M+3.3% | $1.3M+8.3% | $1.2M |
| Long-Term Debt | N/A | N/A | N/A | $11K | N/A | N/A | N/A | $21K |
| Total Equity | $8.5M-1.8% | $8.6M+1.6% | $8.5M-1.7% | $8.6M-11.5% | $9.7M+79.4% | $5.4M+89.6% | $2.9M-6.7% | $3.1M |
| Retained Earnings | -$12.9M-1.2% | -$12.7M-1.6% | -$12.5M-1.2% | -$12.4M-9.6% | -$11.3M-1.3% | -$11.1M-0.7% | -$11.1M-2.8% | -$10.8M |
CJAX Cash Flow Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $10K+192.2% | -$11K-133.5% | $33K+141.8% | -$78K-692.0% | $13K-73.6% | $50K+1294.4% | -$4K-107.5% | $56K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | -$3K-0.3% | -$3K-0.2% | -$3K-0.3% | -$3K-0.2% | -$3K-0.3% | -$2K-0.4% | -$2K0.0% | -$2K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
CJAX Financial Ratios
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -74.0%+13.3pp | -87.2%-44.6pp | -42.7%+446.9pp | -489.6%-430.0pp | -59.5%-36.2pp | -23.4%+143.3pp | -166.7%+296.9pp | -463.5% |
| Net Margin | -74.1%+13.3pp | -87.4%-44.5pp | -42.8%+446.8pp | -489.6%-429.9pp | -59.8%-36.4pp | -23.4%+143.3pp | -166.7%+296.9pp | -463.6% |
| Return on Equity | -1.9%+0.5pp | -2.4%-0.7pp | -1.7%+10.8pp | -12.6%-11.0pp | -1.5%-0.2pp | -1.4%+9.2pp | -10.6%+29.1pp | -39.6% |
| Return on Assets | -1.5%+0.4pp | -2.0%-0.6pp | -1.4%+8.9pp | -10.3%-9.0pp | -1.3%-0.2pp | -1.1%+6.0pp | -7.1%+20.7pp | -27.8% |
| Current Ratio | 0.17-0.0 | 0.20+0.0 | 0.19+0.0 | 0.16-0.1 | 0.23-0.0 | 0.25+0.0 | 0.20-0.0 | 0.24 |
| Debt-to-Equity | 0.210.0 | 0.20-0.0 | 0.23+0.2 | 0.00-0.2 | 0.17-0.1 | 0.27-0.2 | 0.49+0.5 | 0.01 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Frequently Asked Questions
What is Cojax Oil Gas's annual revenue?
Cojax Oil Gas (CJAX) reported $964K in total revenue for fiscal year 2025. This represents a -0.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Cojax Oil Gas's revenue growing?
Cojax Oil Gas (CJAX) revenue declined by 0.8% year-over-year, from $972K to $964K in fiscal year 2025.
Is Cojax Oil Gas profitable?
No, Cojax Oil Gas (CJAX) reported a net income of -$1.1M in fiscal year 2025, with a net profit margin of -115.1%.
What is Cojax Oil Gas's EBITDA?
Cojax Oil Gas (CJAX) had EBITDA of -$676K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Cojax Oil Gas's operating margin?
Cojax Oil Gas (CJAX) had an operating margin of -106.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Cojax Oil Gas's net profit margin?
Cojax Oil Gas (CJAX) had a net profit margin of -115.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Cojax Oil Gas's operating cash flow?
Cojax Oil Gas (CJAX) generated $41K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Are Cojax Oil Gas's earnings high quality?
Cojax Oil Gas (CJAX) has an earnings quality ratio of -0.04x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Cojax Oil Gas cover its interest payments?
Cojax Oil Gas (CJAX) has an interest coverage ratio of -417.1x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.