Permex Petroleum Corporation (OILCF) Financials
Newest figures come from the 10-Q for Q3 FY2025, filed Aug 13, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the OILCF SEC filings page.
Permex Petroleum Corporation (OILCF) reported $116K in revenue for fiscal year 2024, down 83.2% from the prior fiscal year. This page shows its 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).
Permex’s external-financing model is exposed as collapsing revenue leaves operating losses and liquidity pressure.
FY2024 cash conversion was nearly one-for-one: operating cash flow was-$2.3M versus free cash flow of-$2.3M . Because capital expenditures were only$3K , the operating shortfall, not expansion spending, explains almost all cash consumption; this separates day-to-day funding needs from discretionary capital deployment.
Revenue fell
FY2024 financing cash flow supplied
Financial Health Signals
Permex Petroleum Corporation does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Permex Petroleum Corporation scores -3.14, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($1.8M) relative to total liabilities ($8.0M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Permex Petroleum Corporation passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.
Permex Petroleum Corporation reported a net loss of $4.0M while operations used $2.3M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Permex Petroleum Corporation reported an operating loss of $3.0M against $483K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Permex Petroleum Corporation generated $110K in revenue in Q3 2025. This represents an increase of 4015.7% from the same quarter a year earlier. Against the prior quarter it is down 62.8%.
Permex Petroleum Corporation's EBITDA was -$378K in Q3 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 41.5% from the same quarter a year earlier. Against the prior quarter it is up 52.1%.
Permex Petroleum Corporation reported -$961K in net income in Q3 2025. This represents an increase of 23.0% from the same quarter a year earlier. Against the prior quarter it is up 26.8%.
Permex Petroleum Corporation earned -$1.74 per diluted share (EPS) in Q3 2025. This represents an increase of 23.0% from the same quarter a year earlier. Against the prior quarter it is up 26.9%.
Cash & Balance Sheet
Permex Petroleum Corporation recorded an outflow of $175K in free cash flow in Q3 2025, representing a cash shortfall after capex. Against the prior quarter it is up 60.0%.
Permex Petroleum Corporation held $2.1M in cash as of Q3 2025; long-term debt is not reported for that period.
Not reported for Q3 2025.
Margins & Returns
Permex Petroleum Corporation's ROE was -49.8% in Q3 2025, measuring profit generated per dollar of shareholder equity. This is down 27.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.4 percentage points.
Not reported for Q3 2025.
Not shown for Q3 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q3 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Permex Petroleum Corporation invested $5K in capex in Q3 2025, funding long-term assets and infrastructure. Against the prior quarter it is up 91.2%.
Not reported for Q3 2025.
Not reported for Q3 2025.
OILCF Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $110K+4015.7% | $296K+858.6% | $127K+138.7% | $29K-77.3% | $3K-98.3% | $31K-82.9% | $53K-76.1% | $129K-49.0% |
| SG&A Expenses | $373K-40.8% | $978K+170.6% | $1.3M+86.4% | $1.0M+100.1% | $630K-20.1% | $361K-64.3% | $684K-43.7% | $522K-28.5% |
| Operating Income | -$407K+38.4% | -$839K-99.4% | -$1.4M-92.5% | -$1.2M-91.5% | -$662K+27.5% | -$421K+62.3% | -$753K+43.5% | -$618K+35.7% |
| EBITDA | -$378K+41.5% | -$789K-95.8% | -$1.4M-90.6% | -$1.2M-98.1% | -$647K+26.1% | -$403K+62.4% | -$731K+43.5% | -$583K+42.6% |
| Interest Expense | $536K+451.0% | $474K | $296K+28748.1% | N/A | $97K+9372.8% | N/A | $1K-13.2% | -$2K |
| Net Income | -$961K+23.0% | -$1.3M-216.1% | -$1.8M-143.2% | -$1.6M-158.0% | -$1.2M-37.3% | -$415K+62.6% | -$752K+42.6% | -$610K+33.5% |
| EPS (Basic) | -$1.74+23.0% | -$2.38-217.3% | -$3.32-144.1% | -$2.85-239.3% | -$2.26+23.6% | -$0.75+67.4% | -$1.36+49.8% | -$0.84+51.7% |
| EPS (Diluted) | -$1.74+23.0% | -$2.38-217.3% | -$3.32-144.1% | -$2.85-239.3% | -$2.26 | -$0.75+67.4% | -$1.36+49.8% | -$0.84 |
| Diluted Shares (Avg) | 551,5030.0% | 551,5030.0% | 551,5030.0% | N/A | 551,503 | 551,503+14.1% | 551,503+14.1% | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Income Tax.
OILCF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $12.9M+17.1% | $11.2M+5.6% | $11.4M+6.3% | $12.1M+10.2% | $11.0M-5.6% | $10.6M-5.0% | $10.7M-12.8% | $10.9M-12.9% |
| Current Assets | $2.4M+335.0% | $643K+644.0% | $868K+357.6% | $1.7M+491.2% | $550K-44.9% | $86K-83.1% | $190K-90.9% | $288K-92.3% |
| Cash & Equivalents | $2.1M+387.5% | $253K+5273.3% | $691K+2058.7% | $1.5M+1729.4% | $428K-44.0% | $5K-97.3% | $32K-98.1% | $83K-97.5% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $11.0M+105.4% | $8.3M+80.5% | $7.2M+67.0% | $8.0M+110.9% | $5.3M+38.7% | $4.6M+47.7% | $4.3M+36.5% | $3.8M+79.3% |
| Current Liabilities | $10.5M+109.7% | $7.9M+84.5% | $6.8M+70.8% | $7.6M+120.4% | $5.0M+43.8% | $4.3M+55.4% | $4.0M+42.7% | $3.4M+101.4% |
| Non-Current Liabilities | $438K+37.6% | $423K+29.4% | $408K+21.9% | $393K+15.0% | $318K-10.9% | $327K-10.6% | $335K-9.9% | $342K-14.7% |
| Total Equity | $1.9M-66.0% | $2.9M-51.8% | $4.2M-34.5% | $4.1M-42.7% | $5.7M-27.4% | $6.0M-25.4% | $6.4M-29.9% | $7.2M-31.5% |
| Retained Earnings | -$20.3M-38.8% | -$19.3M-44.6% | -$18.0M-39.1% | -$16.2M-32.7% | -$14.6M-20.5% | -$13.4M-25.2% | -$13.0M-35.3% | -$12.2M-47.7% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
OILCF Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$170K+82.0% | -$435K-1493.8% | -$1.2M-693.9% | -$1.2M-222.6% | -$941K-4967.2% | -$27K+97.8% | -$156K+77.9% | -$360K+34.4% |
| Depreciation & Amortization | $29K+95.5% | $50K+179.0% | $56K+153.5% | $27K-20.3% | $15K-60.1% | $18K-58.2% | $22K-45.3% | $34K+160.9% |
| Stock-Based Compensation | N/A | N/A | $135K | N/A | N/A | N/A | N/A | N/A |
| Capital Expenditures | -$5K | $3K | $188K | N/A | N/A | N/A | N/A | $195K-86.8% |
| Free Cash Flow | -$175K | -$437K | -$1.4M | N/A | N/A | N/A | N/A | -$555K+72.7% |
| Investing Cash Flow | $5K | -$3K | -$188K-368.6% | -$3K+98.3% | $0+100.0% | $0+100.0% | $70K+108.1% | -$195K+86.8% |
| Financing Cash Flow | $2.0M+46.5% | $0 | $602K+1618.9% | $2.3M+1881.1% | $1.4M+98.4% | $0 | $35K+191.4% | -$126K-283.9% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
OILCF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | -370.5% | -283.6% | -1143.3% | -4028.5% | -24772.0% | -1363.7% | -1418.0% | -478.1% |
| Net Margin | -874.3% | -443.8% | -1442.4% | -5355.5% | -46752.3% | -1345.5% | -1415.6% | -471.9% |
| Return on Equity | -49.8%-27.8pp | -45.4%-38.5pp | -43.5%-31.8pp | -38.3%-29.8pp | -22.0%-10.4pp | -6.9%+6.9pp | -11.7%+2.6pp | -8.5%+0.3pp |
| Return on Assets | -7.4%+3.9pp | -11.7%-7.8pp | -16.0%-9.0pp | -13.0%-7.5pp | -11.3%-3.5pp | -3.9%+6.0pp | -7.0%+3.6pp | -5.6%+1.7pp |
| Current Ratio | 0.23+0.1x | 0.08+0.1x | 0.13+0.1x | 0.23+0.1x | 0.11-0.2x | 0.02-0.2x | 0.05-0.7x | 0.08-2.1x |
| Debt-to-Equity | 5.69+4.8x | 2.87+2.1x | 1.72+1.0x | 1.94+1.4x | 0.94+0.4x | 0.77+0.4x | 0.67+0.3x | 0.53+0.3x |
| Asset Turnover | 0.010.0x | 0.030.0x | 0.010.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.010.0x |
| FCF Margin | -159.0% | -147.8% | -1123.5% | N/A | N/A | N/A | N/A | -429.7% |
Not reported in any period shown, so not listed: Gross Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Note: The current ratio is below 1.0 (0.23), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Permex Petroleum Corporation OILCF | FY2024 | $116K | -$4.0M | N/A | $1.8M | — |
| Mmex Resources MMEX | FY2026 | $0 | -$1.9M | N/A | $2.2M | — |
| Dune Oil Corp TRLEF | FY2021 | $3.7M | -$2.1M | -55.4% | $7.1M | — |
Where Permex Petroleum Corporation Ranks
Frequently Asked Questions
What is Permex Petroleum Corporation's annual revenue?
Permex Petroleum Corporation (OILCF) reported $116K in total revenue for fiscal year 2024. This represents a -83.2% 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 Permex Petroleum Corporation's revenue growing?
Permex Petroleum Corporation (OILCF) revenue declined by 83.2% year-over-year, from $689K to $116K in fiscal year 2024.
Is Permex Petroleum Corporation profitable?
No, Permex Petroleum Corporation (OILCF) reported a net income of -$4.0M in fiscal year 2024.
What is Permex Petroleum Corporation's EBITDA?
Permex Petroleum Corporation (OILCF) had EBITDA of -$2.9M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Permex Petroleum Corporation's return on equity (ROE)?
Permex Petroleum Corporation (OILCF) has a return on equity of -97.2% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Permex Petroleum Corporation's free cash flow?
Permex Petroleum Corporation (OILCF) recorded an outflow of $2.3M in free cash flow during fiscal year 2024. This represents a 38.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Permex Petroleum Corporation's operating cash flow?
Permex Petroleum Corporation (OILCF) recorded an outflow of $2.3M in operating cash flow during fiscal year 2024, representing cash used by core business activities.
What are Permex Petroleum Corporation's total assets?
Permex Petroleum Corporation (OILCF) had $12.1M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Permex Petroleum Corporation's capital expenditures?
Permex Petroleum Corporation (OILCF) invested $3K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is Permex Petroleum Corporation's current ratio?
Permex Petroleum Corporation (OILCF) had a current ratio of 0.23 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Permex Petroleum Corporation's debt-to-equity ratio?
Permex Petroleum Corporation (OILCF) had a debt-to-equity ratio of 1.94 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Permex Petroleum Corporation's return on assets (ROA)?
Permex Petroleum Corporation (OILCF) had a return on assets of -33.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
How does Permex Petroleum Corporation's liquidity compare with its operating cash outflow?
At the end of fiscal year 2024, Permex Petroleum Corporation (OILCF) held $1.5M in cash, cash equivalents and investments, and reported an operating cash outflow of $2.3M over that year. Dividing the one by the other, the reported balance equals about 8 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Permex Petroleum Corporation's Altman Z-Score?
Permex Petroleum Corporation (OILCF) has an Altman Z-Score of -3.14, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Permex Petroleum Corporation's Piotroski F-Score?
Permex Petroleum Corporation (OILCF) has a Piotroski F-Score of 3 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 Permex Petroleum Corporation's earnings high quality?
Permex Petroleum Corporation (OILCF) reported a net loss of $4.0M while operations used $2.3M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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 Permex Petroleum Corporation cover its interest payments?
Permex Petroleum Corporation (OILCF) reported an operating loss of $3.0M against $483K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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.