ALTX
Altex Industries, Inc.0.3080
-0.0030-0.97%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
3.45MP/E (TTM)
-Basic EPS (TTM)
-0.02Dividend Yield
0%Recent Filings
10-Q
Q1 FY2026 results
Altex Industries posted Q1 FY2026 revenue of $7,000 from oil and gas sales, up from $5,000 y/y, yet operating expenses plunged to $62,000 from $151,000, mainly lower G&A as bonus costs eased. This trimmed net loss to $30,000 from $116,000, or $(0.00) vs $(0.01) per diluted share on steady 11.2M shares. Cash dipped $32,000 q/q to $2.5M, with no debt and $1.4M liabilities mostly deferred president pay. No capex or FCF disclosed. Oil prices sway results.
10-K
FY2025 results
Altex Industries posted FY25 net production steady at 300 oil barrels and 400 mcf gas, down from 400/500 in FY23 but matching FY24, with oil prices slipping to $56.33 from $73.67 yet gas up to $2.79. Expenses climbed to $320,000 from $233,000 on $94,000 bonus recognition, while interest income dipped to $115,000; operations burned $99,000 cash versus $78,000 prior year. No Q4 breakout disclosed. Company repurchased 41,880 shares at $0.29 in September 2025. Cash fell $111,000 to low levels. Negative cash flow persists. No operations underway.
10-Q
Q3 FY2025 results
Altex Industries posted a modest Q3 revenue uptick to $5,000 from $4,000 a year ago, yet YTD revenue dipped to $14,000 from $16,000, reflecting subdued oil and gas sales amid low production. Operating expenses trimmed to $48,000 from $59,000 quarterly, but YTD they climbed to $262,000 from $176,000, driven by $94,000 in bonus and payroll tax recognition per the president's agreement. This yielded a slim $12,000 quarterly net loss versus $505,000 profit last year—lacking the prior asset sale gain—while YTD net loss hit $160,000 against $459,000 profit, with no material gap between operating and net figures. Cash drained $78,000 in operations YTD, leaving $2.6M on hand; no debt burdens the balance sheet. In February 2025, the firm extended its office lease, booking a $166,000 right-of-use asset and liability. Shares outstanding dropped to 11.23M from 11.35M, aligning with flat $0.00 diluted EPS. Oil price swings pose ongoing risks.
10-Q
Q2 FY2025 results
Altex Industries posted a $32,000 net loss for Q2 FY2025 ended March 31, 2025, widening slightly from $30,000 a year earlier, while YTD losses ballooned to $148,000 from $46,000 amid a 29% revenue drop to $9,000 from oil and gas sales. General and administrative expenses surged 85% YTD to $211,000, driven by $94,000 in bonus and payroll tax recognition in Q1, yet interest income held steady at $27,000 quarterly. Cash dipped $49,000 YTD to $2.6 million, with no debt or capex; free cash flow not disclosed in the 10-Q. Shares outstanding fell to 11.23 million from 11.35 million, aligning with the $0.01 YTD diluted EPS. No M&A or regulatory shifts noted. Oil price swings pose ongoing risks to this lean operator.
10-Q
Q1 FY2025 results
Altex Industries posted a $116,000 net loss for Q1 FY2025 ended December 31, 2024, widening from $16,000 a year earlier, as oil and gas sales dipped to $5,000 from $6,000 year-over-year while general and administrative expenses tripled to $150,000, driven by $94,000 in president's bonus and payroll taxes. Operating expenses climbed to $151,000 from $52,000, yet interest income held steady at $30,000, softening the blow. Cash dipped slightly to $2.6 million after $28,000 used in operations, with no debt or capex. No non-GAAP metrics disclosed in the 10-Q. Shares outstanding fell to 11,229,520 from 11,348,021, aligning with the $0.01 diluted loss per share. Liquidity stays solid. Oil price swings pose ongoing risks.
BTE
Baytex Energy Corp
3.01-0.09
EOG
EOG Resources, Inc.
101.78-4.15
GTE
Gran Tierra Energy Inc.
3.76-0.14
HPK
HighPeak Energy, Inc.
4.52-0.30
LRDC
Laredo Oil, Inc
0.88+0.00
MXC
Mexco Energy Corporation
10.05+0.15
NRIS
Norris Industries, Inc.
0.14+0.00
OILCF
Permex Petroleum Corporation
1.70+0.00
REPX
Riley Exploration Permian, Inc.
25.34-1.22
WTI
W&T Offshore, Inc.
1.67+0.04