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).
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
Reported revenue of
Financial Health Signals
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.
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.
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.
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.
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.
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
Earnings & Revenue
Leopard Energy Inc generated $6K in revenue in fiscal year 2025. This represents an increase of 34.9% from the prior year.
Leopard Energy Inc reported $32K in net income in fiscal year 2025.
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
Leopard Energy Inc held $13K in cash against $0 in long-term debt as of fiscal year 2025.
Leopard Energy Inc had 1M shares outstanding in fiscal year 2025.
Margins & Returns
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.
Leopard Energy Inc's operating margin was -986.7% in fiscal year 2025, reflecting core business profitability.
Leopard Energy Inc's net profit margin was 532.9% in fiscal year 2025, showing the share of revenue converted to profit.
Capital Allocation
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
What is Leopard Energy Inc's annual revenue?
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.
How fast is Leopard Energy Inc's revenue growing?
Leopard Energy Inc (LEEN) revenue grew by 34.9% year-over-year, from $4K to $6K in fiscal year 2025.
Is Leopard Energy Inc profitable?
Yes, Leopard Energy Inc (LEEN) reported a net income of $32K in fiscal year 2025, with a net profit margin of 532.9%.
What is Leopard Energy Inc's gross margin?
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.
What is Leopard Energy Inc's operating margin?
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.
What is Leopard Energy Inc's net profit margin?
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.
What is Leopard Energy Inc's operating cash flow?
Leopard Energy Inc (LEEN) generated -$77K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Leopard Energy Inc's total assets?
Leopard Energy Inc (LEEN) had $52K in total assets as of fiscal year 2025, including both current and long-term assets.
What is Leopard Energy Inc's current ratio?
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.
What is Leopard Energy Inc's debt-to-equity ratio?
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.
What is Leopard Energy Inc's return on assets (ROA)?
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.
What is Leopard Energy Inc's cash runway?
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.
Why is Leopard Energy Inc's debt-to-equity ratio negative or unusual?
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.
What is Leopard Energy Inc's Piotroski F-Score?
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.
Are Leopard Energy Inc's earnings high quality?
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.
How financially healthy is Leopard Energy Inc?
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.