Related stocks: Crude Petroleum & Natural Gas
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Related stocks: Crude Petroleum & Natural Gas
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Unless the context requires otherwise, references to we, us, our, and Company, refer to Okmin Resources, Inc. and its subsidiaries. Overview Okmin Resources, Inc. (collectively with its subsidiaries, Okmin or the Company ) was incorporated in Nevada in December 2020 to engage in the business of the acquisition, exploration and development of oil and gas properties, mineral rights and other natu…
The business is unprofitable at the operating level (-2621.96% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 47.9% YoY. Margins deteriorated 594.1pp alongside, both lines moving the wrong way.
ROIC dropped from -152.16% to -320.97%, capital efficiency is deteriorating. Operating margin contracted 594.1pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (TTM)
$14K
▼ -47.9% YoY
Net Income (TTM)
-$552K
▲ +31.6% YoY
Op. Margin
-4287.43%
▼ -594.1pp YoY
ROIC
-1398.58%
▼ -168.8pp YoY
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow (TTM)
-$124K
▲ +70.8% YoY
Net Debt
-$24K
Net Cash Position
Cash & Equiv.
$24K
3Y CAGR: -37.7%
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