TRILLION ENERGY INTL NEW (TRLED) Financials

TRLED

FY2025 annual

Revenue $2.9M YoY not available

Net Income Not reported for FY2025

Free Cash Flow $1.2M YoY not available

Operating Cash Flow $1.2M YoY not available

Source SEC Filings (10-K/10-Q) Latest period FY2025, ended May 26, 2026 Reported May 26, 2026 Currency USD FYE May

Newest figures come from the 20-F for FY2025, filed May 26, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TRLED SEC filings page.

TRILLION ENERGY INTL NEW (TRLED) reported $2.9M in revenue for fiscal year 2025. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 9 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 TRLED FY2025 2026-10-04

Reported 2025 cash generation sits beside a balance sheet where liabilities vastly exceed assets, making financing structure more important than revenue.

Operating cash flow of $1.2M nearly became free cash flow of $1.2M, indicating that little reported cash was absorbed by reinvestment. Yet FY2025 net income is not reported, so the cash result cannot be tested against accounting profit and its earnings quality remains unresolved.

At FY2025, liabilities of $42.0M tower over assets of $3.1M, leaving the company with negative equity and a balance sheet financed primarily by obligations. Current assets of $1.2M versus current liabilities of $35.6M show an especially pronounced short-term funding mismatch.

Revenue in FY2025 was $2.9M, below $3.7M in FY2021, so the latest positive cash flow does not reflect a simple scale-up story. The combination of lower revenue and positive operating cash flow points to a materially different cash-flow profile, but the missing profit figure prevents a full reconciliation.

Financial Health Signals

Financial health score not available

TRILLION ENERGY INTL NEW does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The metrics below are current.

Key Financial Metrics

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Earnings & Revenue

Revenue

$864K

YoY+6.5%

QoQ-1.8%

TRILLION ENERGY INTL NEW generated $864K in revenue in Q3 2022. This represents an increase of 6.5% from the same quarter a year earlier. Against the prior quarter it is down 1.8%.

EBITDA

-$899K

YoY+2.2%

QoQ-41.3%

TRILLION ENERGY INTL NEW's EBITDA was -$899K in Q3 2022, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 2.2% from the same quarter a year earlier. Against the prior quarter it is down 41.3%.

Net Income

$112K

YoY+109.9%

QoQ-97.9%

TRILLION ENERGY INTL NEW reported $112K in net income in Q3 2022. This represents an increase of 109.9% from the same quarter a year earlier. Against the prior quarter it is down 97.9%.

EPS (Diluted)

Not reported for Q3 2022.

Cash & Balance Sheet

Cash & Debt

$1.0M

YoY+406.6%

QoQ-29.9%

5Y CAGR-7.9%

TRILLION ENERGY INTL NEW held $1.0M in cash as of Q3 2022; long-term debt is not reported for that period.

Shares Outstanding

185M

YoY+59.5%

QoQ+8.1%

5Y CAGR+29.9%

TRILLION ENERGY INTL NEW had 185M shares outstanding in Q3 2022. This represents an increase of 59.5% from the same quarter a year earlier. Against the prior quarter it is up 8.1%.

Free Cash Flow

Not reported for Q3 2022.

Dividends Per Share

Not reported for Q3 2022.

Margins & Returns

Net Margin

13.0%

TRILLION ENERGY INTL NEW's net profit margin was 13.0% in Q3 2022, showing the share of revenue converted to profit. No change is given against Q3 2021: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Return on Equity

15.1%

QoQ-463.6pp

TRILLION ENERGY INTL NEW's ROE was 15.1% in Q3 2022, measuring profit generated per dollar of shareholder equity. Against the prior quarter it is down 463.6 percentage points.

Gross Margin

Not reported for Q3 2022.

Operating Margin

Not shown for Q3 2022: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Capital Allocation

None of these metrics is reported for Q3 2022.

TRLED 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.

TRLED quarterly income statement

Metric	FY2520-F	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14
Revenue	$2.9M	$3.7M+43.2%	$2.6M-34.0%	$3.9M-7.9%	$4.3M+9.5%	$3.9M	N/A	N/A	N/A
SG&A Expenses	N/A	$2.2M+18.7%	$1.9M+6.3%	$1.8M-15.9%	$2.1M+5.9%	$2.0M-49.8%	$4.0M+377.0%	$835K+2.7%	$813K
Operating Income	N/A	-$3.1M+3.5%	-$3.2M-89.6%	-$1.7M+19.6%	-$2.1M+3.6%	-$2.2M+45.2%	-$4.0M-377.0%	-$835K-2.7%	-$813K
EBITDA	N/A	-$3.1M+3.4%	-$3.2M-96.3%	-$1.6M+22.1%	-$2.1M+4.0%	-$2.2M	N/A	N/A	N/A
Interest Expense	$10K	$126K+48.1%	$85K+90.7%	$45K-27.1%	$61K-27.3%	$84K	N/A	N/A	N/A
Income Tax	-$3.5M	N/A	N/A	N/A	N/A	N/A	N/A	$0	$0
Net Income	N/A	-$2.1M+42.0%	-$3.5M-109.9%	-$1.7M+29.1%	-$2.4M+4.5%	-$2.5M+37.8%	-$4.0M-423.4%	-$764K+12.5%	-$873K
EPS (Basic)	N/A	-$0.01+75.0%	-$0.04	N/A	N/A	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	38M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21	Q2'21	Q1'21	Q4'20
Revenue	$864K+6.5%	$879K+78.1%	$1.0M+56.4%	$945K+49.6%	$811K-16.9%	$494K-46.0%	$648K-35.2%	$632K-38.4%
SG&A Expenses	$624K+10.4%	$509K-7.1%	$547K+25.4%	$568K+65.1%	$565K+18.9%	$549K+8.8%	$436K+13.5%	$344K-17.6%
Operating Income	-$910K+1.3%	-$643K+38.4%	-$1.1M-41.2%	-$469K+3.0%	-$922K-748.2%	-$1.0M-11.5%	-$762K-128.7%	-$484K-53.3%
EBITDA	-$899K+2.2%	-$636K+37.7%	-$1.1M-41.2%	-$462K+2.9%	-$919K-1343.3%	-$1.0M-10.0%	-$757K-135.1%	-$476K-57.0%
Interest Expense	$6K+456.0%	$46K+35.0%	$29K+10.3%	$45K+69.9%	-$2K-114.4%	$34K+203.8%	$26K+143.1%	$26K+149.1%
Net Income	$112K+109.9%	$5.4M+557.9%	$1.9M+338.6%	-$9.5M-2113.9%	-$1.1M-684.7%	-$1.2M-25.3%	-$792K-182.7%	-$428K-35.8%
EPS (Basic)	N/A	$0.03+400.0%	$0.01+200.0%	N/A	N/A	-$0.01	-$0.01	N/A
EPS (Diluted)	N/A	$0.03	$0.01	N/A	N/A	-$0.01	-$0.01	N/A
Diluted Shares (Avg)	N/A	178M	190M	N/A	N/A	110M	88M	N/A

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Income Tax.

TRLED Balance Sheet

TRLED quarterly balance sheet

Metric	FY2520-F	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14
Total Assets	$3.1M	$7.2M+10.3%	$6.5M-11.1%	$7.3M-15.8%	$8.7M+23.0%	$7.0M+39.7%	$5.0M+51.4%	$3.3M-11.3%	$3.8M
Current Assets	$1.2M	$1.8M+83.2%	$1.0M-36.7%	$1.6M-9.9%	$1.8M+67.4%	$1.0M-49.2%	$2.1M+2204.0%	$89K-94.3%	$1.6M
Cash & Equivalents	$430K	$1.0M+406.6%	$203K-76.5%	$863K+8.5%	$796K+509.7%	$130K-91.6%	$1.6M+1952.6%	$76K-95.1%	$1.5M
Accounts Receivable	N/A	$710K-8.2%	$773K+21.4%	$637K-3.7%	$661K+10.2%	$600K	N/A	N/A	N/A
Total Liabilities	$42.0M	$6.4M-19.1%	$7.9M+44.2%	$5.5M-5.1%	$5.8M+14.1%	$5.1M+303.9%	$1.3M+956.0%	$119K-55.7%	$269K
Current Liabilities	$35.6M	$1.5M-27.6%	$2.1M+73.0%	$1.2M-32.6%	$1.8M-30.7%	$2.5M+102.9%	$1.3M	N/A	N/A
Non-Current Liabilities	$6.4M	$4.9M-16.1%	$5.9M+36.3%	$4.3M+7.0%	$4.0M+59.3%	$2.5M	$0	N/A	N/A
Long-Term Debt	$35K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$38.9M	$741K+151.4%	-$1.4M-180.1%	$1.8M-37.3%	$2.9M+46.0%	$2.0M-48.1%	$3.8M+17.9%	$3.2M-7.9%	$3.5M
Retained Earnings	-$103.2M	-$30.5M-7.2%	-$28.5M-14.2%	-$24.9M-7.2%	-$23.3M-11.4%	-$20.9M-13.5%	-$18.4M-27.8%	-$14.4M-5.6%	-$13.6M

Metric	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21	Q2'21	Q1'21	Q4'20
Total Assets	$7.2M+10.3%	$8.5M+32.4%	$7.7M+11.5%	$8.0M+16.9%	$6.5M-11.1%	$6.4M-21.2%	$6.9M-18.1%	$6.9M-18.2%
Current Assets	$1.8M+83.2%	$2.7M+196.4%	$2.4M+84.8%	$2.6M+139.0%	$1.0M-36.7%	$908K-47.9%	$1.3M-28.2%	$1.1M-30.1%
Cash & Equivalents	$1.0M+406.6%	$1.5M+533.3%	$1.1M+89.5%	$1.3M+104.1%	$203K-76.5%	$231K-75.6%	$572K-10.4%	$647K+103.9%
Accounts Receivable	$710K-8.2%	$873K+47.1%	$1.1M+86.6%	$910K+146.5%	$773K+21.4%	$593K	$563K	$369K-65.0%
Total Liabilities	$6.4M-19.1%	$7.4M+4.5%	$14.1M+118.5%	$17.0M+203.8%	$7.9M+44.2%	$7.1M+14.4%	$6.5M+3.3%	$5.6M-5.4%
Current Liabilities	$1.5M-27.6%	$1.6M+27.5%	$2.2M+60.5%	$2.2M+86.6%	$2.1M+73.0%	$1.3M+5.0%	$1.4M-30.0%	$1.2M-32.7%
Non-Current Liabilities	$4.9M-16.1%	$5.8M-0.6%	$11.9M+134.4%	$14.8M+235.4%	$5.9M+36.3%	$5.8M+16.7%	$5.1M+18.9%	$4.4M+6.1%
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	$34K	$38K
Total Equity	$741K+151.4%	$1.1M+276.7%	-$6.4M-1574.0%	-$9.0M-815.6%	-$1.4M-180.1%	-$641K-132.3%	$436K-79.9%	$1.3M-48.9%
Retained Earnings	-$30.5M-7.2%	-$30.6M-12.0%	-$36.1M-37.8%	-$37.9M-49.6%	-$28.5M-14.2%	-$27.3M-10.3%	-$26.2M-9.7%	-$25.4M-7.6%

Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Long-Term Investments, Goodwill.

TRLED Cash Flow Statement

TRLED quarterly cash flow statement

Metric	FY2520-F	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14
Operating Cash Flow	$1.2M	-$1.9M-14.1%	-$1.7M-1036.2%	$176K+166.0%	-$267K+44.0%	-$477K-20.1%	-$397K+54.0%	-$864K-45.8%	-$593K
Depreciation & Amortization	N/A	$32K-15.6%	$38K-50.8%	$76K+159.8%	$29K+37.5%	$21K	N/A	N/A	N/A
Stock-Based Compensation	N/A	$336K-18.1%	$411K-6.2%	$438K+29.8%	$337K+46.6%	$230K-93.4%	$3.5M+4830.5%	$71K-45.9%	$131K
Capital Expenditures	$13K	N/A	N/A	$11K-87.6%	$86K-28.1%	$119K	N/A	N/A	N/A
Free Cash Flow	$1.2M	N/A	N/A	$166K+146.9%	-$353K+40.8%	-$596K	N/A	N/A	N/A
Investing Cash Flow	-$791K	-$182K-130.7%	-$79K-64.0%	-$48K+91.9%	-$590K+40.3%	-$988K-2381.6%	-$40K	N/A	N/A
Financing Cash Flow	-$548K	$2.7M+158.9%	$1.0M+803.6%	$114K-92.3%	$1.5M+793.2%	$166K-91.3%	$1.9M	N/A	N/A

Metric	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21	Q2'21	Q1'21	Q4'20
Operating Cash Flow	-$772K-48.4%	-$466K-10.5%	-$389K+36.9%	-$256K-179.0%	-$521K-922.6%	-$422K-240.3%	-$616K-431.6%	-$92K+75.4%
Depreciation & Amortization	$11K+334.4%	$7K-68.5%	$7K+29.0%	$7K-9.0%	$3K-94.4%	$22K+184.5%	$5K-53.3%	$8K-37.7%
Stock-Based Compensation	N/A	N/A	$124K	$37K	N/A	$167K-55.9%	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	$13K	$79K
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	-$630K	-$170K
Investing Cash Flow	-$130K-608.7%	-$45K-409.9%	-$6K+53.7%	-$743+99.1%	$25K+339.8%	-$9K	-$14K-115.4%	-$82K-162.9%
Financing Cash Flow	$294K+12.0%	$739K+343.6%	$247K-53.0%	$1.4M+1758.1%	$263K+1959.4%	$166K+918.1%	$525K+273.6%	$74K+854.5%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

TRLED 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.

TRLED quarterly financial ratios

Metric	FY2520-F	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14
Operating Margin	N/A	-83.7%	-124.3%	-43.3%+6.3pp	-49.5%+6.7pp	-56.2%	N/A	N/A	N/A
Net Margin	N/A	-55.4%	-136.7%	-43.0%+12.9pp	-55.9%+8.2pp	-64.0%	N/A	N/A	N/A
Return on Equity	N/A	-276.7%	N/A	-93.5%-10.8pp	-82.7%+43.8pp	-126.5%-20.9pp	-105.6%-81.8pp	-23.8%+1.2pp	-25.0%
Return on Assets	N/A	-28.6%+25.8pp	-54.5%-31.4pp	-23.1%+4.4pp	-27.4%+7.9pp	-35.3%+44.0pp	-79.3%-56.4pp	-22.9%+0.3pp	-23.3%
Current Ratio	0.03	1.23+0.7x	0.49-0.8x	1.33+0.3x	0.99+0.6x	0.41-1.2x	1.64	N/A	N/A
Debt-to-Equity	N/A	8.66	N/A	3.05+1.0x	2.02-0.6x	2.58+2.3x	0.33+0.3x	0.040.0x	0.08
Asset Turnover	0.93	0.52+0.1x	0.40-0.1x	0.540.0x	0.49-0.1x	0.55	N/A	N/A	N/A
FCF Margin	42.7%	N/A	N/A	4.2%+12.5pp	-8.3%+7.0pp	-15.3%	N/A	N/A	N/A

Metric	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21	Q2'21	Q1'21	Q4'20
Operating Margin	-105.4%	-73.2%	-106.1%	-49.7%+26.9pp	-113.7%	-211.5%	-117.6%	-76.6%-45.8pp
Net Margin	13.0%	616.3%	186.6%	-1002.8%	-139.3%	-239.7%	-122.3%	-67.7%-37.0pp
Return on Equity	15.1%	478.7%	N/A	N/A	N/A	N/A	-181.8%-168.8pp	-34.1%-21.3pp
Return on Assets	1.6%+19.0pp	63.5%+81.8pp	24.6%+36.0pp	-118.0%-111.8pp	-17.4%-15.4pp	-18.4%-6.8pp	-11.5%-8.1pp	-6.2%-2.5pp
Current Ratio	1.23+0.7x	1.65+0.9x	1.05+0.1x	1.18+0.3x	0.49-0.8x	0.71-0.7x	0.910.0x	0.920.0x
Debt-to-Equity	8.66	6.54	N/A	N/A	N/A	N/A	0.08-2.8x	0.03-2.4x
Asset Turnover	0.120.0x	0.100.0x	0.130.0x	0.120.0x	0.130.0x	0.080.0x	0.090.0x	0.090.0x
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	-97.2%	-27.0%

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.

Note: Shareholder equity is negative (-$38.9M), 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 (0.03), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Where TRILLION ENERGY INTL NEW Ranks

Frequently Asked Questions

What is TRILLION ENERGY INTL NEW's annual revenue?

TRILLION ENERGY INTL NEW (TRLED) reported $2.9M in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How much debt does TRILLION ENERGY INTL NEW have?

As of fiscal year 2025, TRILLION ENERGY INTL NEW (TRLED) had $430K in cash and equivalents against $35K in long-term debt.

What is TRILLION ENERGY INTL NEW's free cash flow?

TRILLION ENERGY INTL NEW (TRLED) generated $1.2M in free cash flow during fiscal year 2025. 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 TRILLION ENERGY INTL NEW's operating cash flow?

TRILLION ENERGY INTL NEW (TRLED) generated $1.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are TRILLION ENERGY INTL NEW's total assets?

TRILLION ENERGY INTL NEW (TRLED) had $3.1M in total assets as of fiscal year 2025, including both current and long-term assets.

What are TRILLION ENERGY INTL NEW's capital expenditures?

TRILLION ENERGY INTL NEW (TRLED) invested $13K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does TRILLION ENERGY INTL NEW have outstanding?

TRILLION ENERGY INTL NEW (TRLED) had 42M shares outstanding as of fiscal year 2025.

What is TRILLION ENERGY INTL NEW's current ratio?

TRILLION ENERGY INTL NEW (TRLED) had a current ratio of 0.03 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

Why is TRILLION ENERGY INTL NEW's debt-to-equity ratio negative or not reported?

TRILLION ENERGY INTL NEW (TRLED) has negative shareholder equity of -$38.9M as of fiscal year 2025, so no debt-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.