Filing Flows › Trio Petroleum (TPET) › Q2 FY25
Trio Petroleum (TPET) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Jun 10, 2025
Trio Petroleum (TPET) reported revenue of $23K for the second quarter fiscal 2025 (Q2 FY25), -68% from a year earlier and +115% from the quarter before.
Trio Petroleum, Q2 FY25: revenue $23K (-68% year over year), net loss $1.6M, operating cash flow −$740K. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $23K | +115% | -68% |
| Operating profit | −$869K | — | — |
| Net earnings | −$1.6M | — | — |
| Operating cash flow | −$740K | — | — |
What changed
Revenue was $23K in Q2 FY25, down 68% year over year and up 115% from the previous quarter.
Gross margin was 60.2%, down 39.8 points from a year earlier. Operating costs exceeded revenue by $869K, an operating margin of -3734.2%. Operating expenses fell 56% while revenue fell 68%. The quarter ended with a net loss of $1.6M, narrower than the previous quarter's $1.6M loss.
Operating cash flow was −$740K. Non-cash charges added back $116K of share-based compensation. Working capital and other items added $708K. Capital expenditures of $319K exceeded it, leaving free cash flow of −$1.1M.
Questions
What was Trio Petroleum's revenue in the second quarter fiscal 2025?
Trio Petroleum (TPET) reported revenue of $23K for the second quarter fiscal 2025 (Q2 FY25), -68% from a year earlier and +115% from the quarter before.
Source: Trio Petroleum 10-Q on SEC EDGAR.