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Leopard Energy Inc Financials

LEEN
Source SEC Filings (10-K/10-Q) Updated Apr 30, 2026 Currency USD FYE July

This page shows Leopard Energy Inc (LEEN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 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).

Rhea AI LEEN FY2025

Leopard Energy remains a financing-dependent micro-operation, where overhead and cash burn still swamp a revenue base of $6K.

FY2025's positive net income of $32K coexisted with operating cash outflow of -$77K, so the year's accounting profit did not translate into cash. That mismatch sits beside an operating loss of -$59K and financing inflow of $82K, which implies the enterprise was still funded from outside rather than by its own operations.

The balance sheet improved sharply in FY2025 as total liabilities fell to $118K from $230K, shrinking the equity deficit rather than expanding it. But short-term liquidity stayed thin at 0.1x current ratio, which means near-term obligations still exceeded readily available resources.

Reported revenue of $6K against SG&A overhead of $65K shows the cost base is still mostly administrative, not supported by operating scale. Cash burn moderated from -$154K in FY2024 to -$77K in FY2025, but sales remain far too small to finance the business.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 15 / 100
Financial Profile 15/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Leopard Energy Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
0

Leopard Energy Inc has an operating margin of -986.7%, meaning the company retains $-987 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses.

Leverage
88

Leopard Energy Inc carries a low D/E ratio of -1.80, meaning only $-1.80 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 88/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
0

Leopard Energy Inc's current ratio of 0.11 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Piotroski F-Score Weak
3/9

Leopard Energy Inc passes 3 of 9 financial strength tests. 1 of 3 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Low Quality
-2.41x

For every $1 of reported earnings, Leopard Energy Inc generates $-2.41 in operating cash flow (-$77K OCF vs $32K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue
$6K
YoY+34.9%

Leopard Energy Inc generated $6K in revenue in fiscal year 2025. This represents an increase of 34.9% from the prior year.

EBITDA
N/A
Net Income
$32K

Leopard Energy Inc reported $32K in net income in fiscal year 2025.

EPS (Diluted)
$0.03
YoY+115.0%

Leopard Energy Inc earned $0.03 per diluted share (EPS) in fiscal year 2025. This represents an increase of 115.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$13K
YoY+58.9%
5Y CAGR-6.8%

Leopard Energy Inc held $13K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
1M

Leopard Energy Inc had 1M shares outstanding in fiscal year 2025.

Margins & Returns

Gross Margin
100.0%
YoY+0.0pp

Leopard Energy Inc's gross margin was 100.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.0 percentage points from the prior year.

Operating Margin
-986.7%

Leopard Energy Inc's operating margin was -986.7% in fiscal year 2025, reflecting core business profitability.

Net Margin
532.9%

Leopard Energy Inc's net profit margin was 532.9% in fiscal year 2025, showing the share of revenue converted to profit.

Return on Equity
N/A

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
N/A

LEEN Income Statement

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Revenue $2K+83.2% $936-18.8% $1K-5.6% $1K-8.3% $1K-10.9% $1K-22.2% $2K N/A
Cost of Revenue $0 $0 $0 $0 $0 $0 $0 N/A
Gross Profit $2K+83.2% $936-18.8% $1K-5.6% $1K-8.3% $1K-10.9% $1K-22.2% $2K N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $4K-15.3% $5K+43.9% $3K-84.6% $22K+259.4% $6K-76.0% $26K+135.4% $11K N/A
Operating Income -$2K+38.4% -$4K-75.9% -$2K+89.2% -$21K-333.3% -$5K+80.0% -$24K-169.2% -$9K N/A
Interest Expense $900.0% $900.0% $90 N/A $65-7.1% $70+11.1% $63 N/A
Income Tax N/A N/A N/A N/A N/A N/A N/A N/A
Net Income -$3K+37.6% -$4K-73.0% -$2K+88.8% -$21K-124.4% $86K+455.3% -$24K-168.1% -$9K N/A
EPS (Diluted) $0.00 N/A $0.00 N/A $0.07+450.0% $-0.02-100.0% $-0.01 N/A

LEEN Balance Sheet

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Total Assets $55K+3.0% $53K+1.6% $52K+2.1% $51K+2.3% $50K+2.6% $49K+3.0% $48K+4.1% $46K
Current Assets $16K+11.6% $14K+6.4% $13K+8.8% $12K+10.3% $11K+13.0% $10K+17.2% $8K+28.9% $6K
Cash & Equivalents $16K+11.6% $14K+6.4% $13K+8.8% $12K+10.3% $11K+13.0% $10K+17.2% $8K+28.9% $6K
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable N/A N/A N/A N/A N/A N/A N/A N/A
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $118K+3.7% $114K-3.9% $118K-12.3% $135K-7.3% $146K-38.3% $236K+2.5% $230K-5.4% $243K
Current Liabilities $118K+3.7% $114K-3.9% $118K-12.3% $135K-7.3% $146K-38.3% $236K+2.5% $230K-5.4% $243K
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity -$63K-4.2% -$60K+8.2% -$66K+21.1% -$84K+12.3% -$95K+49.0% -$187K-2.3% -$183K+7.6% -$198K
Retained Earnings -$11.7M0.0% -$11.7M0.0% -$11.7M0.0% -$11.7M-0.2% -$11.7M+0.7% -$11.8M-0.2% -$11.7M-0.1% -$11.7M

LEEN Cash Flow Statement

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Operating Cash Flow $31K+459.7% -$9K+54.3% -$19K+76.7% -$81K-279.2% $45K+343.6% -$19K+16.0% -$22K+85.3% -$151K
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 $0 $0 $0 $0 $0 $0 $0 $0
Financing Cash Flow -$30K-410.5% $10K-52.5% $20K-75.7% $82K+286.9% -$44K-319.9% $20K-16.6% $24K-84.5% $155K
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

LEEN Financial Ratios

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Gross Margin 100.0%0.0pp 100.0%0.0pp 100.0%0.0pp 100.0%0.0pp 100.0%0.0pp 100.0%0.0pp 100.0% N/A
Operating Margin -143.0%+282.3pp -425.3%-229.0pp -196.3%+1517.6pp -1713.9%-1351.3pp -362.6%+1254.0pp -1616.6%-1149.4pp -467.2% N/A
Net Margin -148.2%+286.7pp -434.9%-230.9pp -204.1%+1517.2pp -1721.3%-8185.8pp 6464.5%+8085.8pp -1621.3%-1150.8pp -470.5% N/A
Return on Equity N/A N/A N/A N/A N/A N/A N/A N/A
Return on Assets -4.6%+3.0pp -7.6%-3.1pp -4.5%+36.4pp -40.9%-212.3pp 171.4%+220.9pp -49.5%-30.5pp -19.0% N/A
Current Ratio 0.130.0 0.12+0.0 0.11+0.0 0.09+0.0 0.08+0.0 0.040.0 0.040.0 0.03
Debt-to-Equity -1.870.0 -1.88-0.1 -1.80-0.2 -1.62-0.1 -1.53-0.3 -1.260.0 -1.26-0.0 -1.23
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

Note: Shareholder equity is negative (-$66K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.11), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

Leopard Energy Inc (LEEN) reported $6K in total revenue for fiscal year 2025. This represents a 34.9% 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.

Leopard Energy Inc (LEEN) revenue grew by 34.9% year-over-year, from $4K to $6K in fiscal year 2025.

Yes, Leopard Energy Inc (LEEN) reported a net income of $32K in fiscal year 2025, with a net profit margin of 532.9%.

Leopard Energy Inc (LEEN) reported diluted earnings per share of $0.03 for fiscal year 2025. This represents a 115.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Leopard Energy Inc (LEEN) had a gross margin of 100.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Leopard Energy Inc (LEEN) had an operating margin of -986.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Leopard Energy Inc (LEEN) had a net profit margin of 532.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Leopard Energy Inc (LEEN) generated -$77K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Leopard Energy Inc (LEEN) had $52K in total assets as of fiscal year 2025, including both current and long-term assets.

Leopard Energy Inc (LEEN) had 1M shares outstanding as of fiscal year 2025.

Leopard Energy Inc (LEEN) had a current ratio of 0.11 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

Leopard Energy Inc (LEEN) had a debt-to-equity ratio of -1.80 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Leopard Energy Inc (LEEN) had a return on assets of 60.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2025 data, Leopard Energy Inc (LEEN) had $13K in cash against an annual operating cash burn of $77K. This gives an estimated cash runway of approximately 2 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Leopard Energy Inc (LEEN) has negative shareholder equity of -$66K as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

Leopard Energy Inc (LEEN) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Leopard Energy Inc (LEEN) has an earnings quality ratio of -2.41x, considered low quality (accrual-driven). 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.

Leopard Energy Inc (LEEN) scores 15 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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