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Okmin Resources (OKMN) Q2 FY25 earnings results (second quarter fiscal 2025)

10-Q filed Feb 20, 2025

Okmin Resources (OKMN) reported revenue of $5K for the second quarter fiscal 2025 (Q2 FY25), -77% from a year earlier and -11% from the quarter before.

Revenue$5K
Year over year-77%
Quarter over quarter-11%
Operating margin—
Net earnings−$219K

Okmin Resources, Q2 FY25: revenue $5K (-77% year over year), net loss $219K, operating cash flow −$10K. The chart follows the revenue to costs, profit and cash.

Q2 FY25AmountQ/QY/Y
Revenue$5K-11%-77%
Operating profit−$200K——
Net earnings−$219K——
Operating cash flow−$10K——

What changed

Revenue was $5K in Q2 FY25, down 77% year over year and down 11% from the previous quarter.

Operating costs exceeded revenue by $200K, an operating margin of -3761.6%. Total costs grew 84% against a revenue fall of 77%. The fastest-growing cost line was General & admin (+122%). The quarter ended with a net loss of $219K, wider than the previous quarter's $68K loss.

Operating cash flow was −$10K. Non-cash charges added back $1K of depreciation. Working capital and other items added $208K.

Questions

What was Okmin Resources' revenue in the second quarter fiscal 2025?

Okmin Resources (OKMN) reported revenue of $5K for the second quarter fiscal 2025 (Q2 FY25), -77% from a year earlier and -11% from the quarter before.

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Source: Okmin Resources 10-Q on SEC EDGAR.