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Leopard Energy (LEEN) Q4 FY25 earnings results (fourth quarter fiscal 2025)

10-K filed Oct 21, 2025

Leopard Energy (LEEN) reported revenue of $1K for the fourth quarter fiscal 2025 (Q4 FY25), -49% from a year earlier and -8% from the quarter before.

Revenue$1K
Year over year-49%
Quarter over quarter-8%
Operating margin—
Net earnings$85K

Leopard Energy, Q4 FY25: revenue $1K (-49% year over year), net earnings $85K, operating cash flow −$32K. The chart follows the revenue to costs, profit and cash.

Q4 FY25AmountQ/QY/Y
Revenue$1K-8%-49%
Operating profit−$21K——
Net earnings$85K-2%—
Operating cash flow−$32K——

What changed

Revenue was $1K in Q4 FY25, down 49% year over year and down 8% from the previous quarter.

Gross margin was 100.0%, unchanged from a year earlier. Operating costs exceeded revenue by $21K, an operating margin of -1713.9%. Operating expenses fell 45% while revenue fell 49%. Net earnings were −$21K. The effective tax rate was 0.0%. Non-operating items added $106K, 125% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$32K. Working capital and other items used $116K.

Questions

What was Leopard Energy's revenue in the fourth quarter fiscal 2025?

Leopard Energy (LEEN) reported revenue of $1K for the fourth quarter fiscal 2025 (Q4 FY25), -49% from a year earlier and -8% from the quarter before.

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Source: Leopard Energy 10-K on SEC EDGAR.