Tactical Resources (TREO) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2026, filed Oct 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TREO SEC filings page.
This page shows Tactical Resources Corp. (TREO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 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 (20-F and 6-K reports).
External financing supports the business, while liabilities overwhelm assets and operating cash outflow worsens.
Assets rose to$549K while liabilities reached$7.4M , leaving the balance sheet deeply liability-heavy. Liabilities equaled1352.5% of assets in FY2026, while equity stood at-$6.9M ; the central reported constraint is financial structure, not margin performance.
Current assets reached
The latest operating cash outflow was
Financial Health Signals
We do not publish a peer-relative financial health score for Tactical Resources Corp., because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The metrics below are current.
Key Financial Metrics
Earnings & Revenue
Tactical Resources Corp. earned -$0.36 per diluted share (EPS) in fiscal year 2026.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
Cash & Balance Sheet
Tactical Resources Corp. held $282K in cash as of fiscal year 2026; no long-term debt figure is on record for that period.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
Margins & Returns
None of these metrics is reported for fiscal year 2026.
Capital Allocation
None of these metrics is reported for fiscal year 2026.
TREO 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.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income.
TREO 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 | FY2620-F | FY2520-F |
|---|---|---|
| Total Assets | $549K+74.3% | $315K |
| Current Assets | $549K+236.1% | $163K |
| Cash & Equivalents | $282K+507.2% | $46K |
| Short-Term Investments | $0n/m | $0 |
| Accounts Receivable | $134K+80.2% | $74K |
| Long-Term Investments | $0n/m | $0 |
| Total Liabilities | $7.4M+33.5% | $5.6M |
| Current Liabilities | $7.4M+52.7% | $4.9M |
| Non-Current Liabilities | $0-100.0% | $698K |
| Long-Term Debt | N/A | $365K |
| Total Equity | -$6.9Mn/m | -$5.2M |
| Retained Earnings | -$16.3Mn/m | -$13.3M |
Not reported in any period shown, so not listed: Inventory, Goodwill.
TREO 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.
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.
TREO 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.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Debt-to-Equity, Liabilities-to-Equity, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$6.9M), which causes the debt-to-equity, liabilities-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 (0.07), 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. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Tactical Resources Corp. TREO | FY2026 | N/A | N/A | N/A | $22.6M | — |
| Odyssey Marine Exploration, Inc OMEX | FY2025 | $354K | -$43.1M | N/A | $26.0M | — |
| Frontier Nuclear and Minerals Inc. FNUC | FY2025 | N/A | -$11.7M | N/A | $22.8M | — |
| Chilwa Minerals Limited CHWM | FY2026 | $8K | -$4.8M | N/A | $35.5M | — |
| Largo Inc. LGO | FY2025 | $109.9M | -$68.5M | -62.3% | $37.1M | 24/100 |
Where Tactical Resources Corp. Ranks
Frequently Asked Questions
Tactical Resources Corp. (TREO) recorded an outflow of $850K in operating cash flow during fiscal year 2026, representing cash used by core business activities.
Tactical Resources Corp. (TREO) had $549K in total assets as of fiscal year 2026, including both current and long-term assets.
Tactical Resources Corp. (TREO) had a current ratio of 0.07 as of fiscal year 2026, which is below 1.0, which may suggest potential liquidity concerns.
Tactical Resources Corp. (TREO) has no price-to-earnings ratio at the moment: no net income reported. The market capitalization is $22.6M as of Nov 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Tactical Resources Corp. (TREO) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $22.6M as of Nov 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
At the end of fiscal year 2026, Tactical Resources Corp. (TREO) held $282K in cash, cash equivalents and investments, and reported an operating cash outflow of $850K over that year. Dividing the one by the other, the reported balance equals about 4 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.
Tactical Resources Corp. (TREO) has negative shareholder equity of -$6.9M as of fiscal year 2026, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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.