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Okmin Resources (OKMN) Q1 FY26 earnings results (first quarter fiscal 2026)

10-Q filed Nov 25, 2025

Okmin Resources (OKMN) reported revenue of $2K for the first quarter fiscal 2026 (Q1 FY26), -65% from a year earlier and -56% from the quarter before.

Revenue$2K
Year over year-65%
Quarter over quarter-56%
Operating margin—
Net earnings−$73K

Okmin Resources, Q1 FY26: revenue $2K (-65% year over year), net loss $73K, operating cash flow −$28K. The chart follows the revenue to costs, profit and cash.

Q1 FY26AmountQ/QY/Y
Revenue$2K-56%-65%
Operating profit−$85K——
Net earnings−$73K——
Operating cash flow−$28K——

What changed

Revenue was $2K in Q1 FY26, down 65% year over year and down 56% from the previous quarter.

Operating costs exceeded revenue by $85K, an operating margin of -4079.3%. Total costs grew 24% against a revenue fall of 65%. The fastest-growing cost line was General & admin (+34%). The quarter ended with a net loss of $73K, narrower than the previous quarter's $243K loss.

Operating cash flow was −$28K. Non-cash charges added back $1K of depreciation and amortization. Working capital and other items added $45K.

Questions

What was Okmin Resources' revenue in the first quarter fiscal 2026?

Okmin Resources (OKMN) reported revenue of $2K for the first quarter fiscal 2026 (Q1 FY26), -65% from a year earlier and -56% from the quarter before.

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Source: Okmin Resources 10-Q on SEC EDGAR.