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TRIO PETROLEUM CORP: 10-Q filed 2024-06-14

What TRIO PETROLEUM CORP reported in its quarterly report filed 2024-06-14 (fiscal Q2 2024): 27 published measures, 83 facts as tagged in accession 0001493152-24-023861.

This filing

Form
10-Q (quarterly report)
Filed
2024-06-14
Fiscal period
fiscal Q2 2024
Accession
0001493152-24-023861 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All TRIO PETROLEUM CORP filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2024-04-3011,813,549USD
At 2023-10-3111,643,083USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2024-04-302,068,541USD
At 2023-10-311,899,699USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2024-04-309,745,008USD
At 2024-01-319,040,326USD
At 2023-10-319,743,384USD
At 2023-04-309,788,373USD
At 2023-01-312,317,600USD
At 2022-10-312,723,124USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2024-02-01 to 2024-04-30-4,045,935USD90
2023-11-01 to 2024-04-30-5,747,983USD182
2023-02-01 to 2023-04-30-2,235,957USD89
2022-11-01 to 2023-04-30-3,054,238USD181

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2023-11-01 to 2024-04-30682,525USD182
2022-11-01 to 2023-04-30-801,266USD181

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2024-02-01 to 2024-04-3072,923USD90
2023-11-01 to 2024-04-3072,923USD182

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2024-02-01 to 2024-04-3073,915USD90
2023-11-01 to 2024-04-3073,915USD182

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2023-11-01 to 2024-04-30-1,005,098USD182
2022-11-01 to 2023-04-303,885,995USD181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2023-11-01 to 2024-04-30-1,018,704USD182
2022-11-01 to 2023-04-30-970,168USD181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2024-04-30-16,194,865USD
At 2023-10-31-10,446,882USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2024-02-01 to 2024-04-3040,876,850shares90
2023-11-01 to 2024-04-3036,164,019shares182
2023-02-01 to 2023-04-3018,457,415shares89
2022-11-01 to 2023-04-3017,796,727shares181

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2024-02-01 to 2024-04-3040,876,850shares90
2023-11-01 to 2024-04-3036,164,019shares182
2023-02-01 to 2023-04-3018,457,415shares89
2022-11-01 to 2023-04-3017,796,727shares181

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2024-02-01 to 2024-04-30-0.1USD/shares90
2023-11-01 to 2024-04-30-0.16USD/shares182
2023-02-01 to 2023-04-30-0.12USD/shares89
2022-11-01 to 2023-04-30-0.17USD/shares181

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2024-02-01 to 2024-04-30-0.1USD/shares90
2023-11-01 to 2024-04-30-0.16USD/shares182
2023-02-01 to 2023-04-30-0.12USD/shares89
2022-11-01 to 2023-04-30-0.17USD/shares181

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2024-02-01 to 2024-04-30504,912USD90
2023-11-01 to 2024-04-30912,530USD182
2023-02-01 to 2023-04-3070,228USD89
2022-11-01 to 2023-04-30110,985USD181

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2024-02-01 to 2024-04-30-1,948,591USD90
2023-11-01 to 2024-04-30-3,388,766USD182
2023-02-01 to 2023-04-30-1,016,600USD89
2022-11-01 to 2023-04-30-1,182,308USD181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2024-04-30804,876USD
At 2023-10-311,695,341USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2024-02-01 to 2024-04-30982,691USD90
2023-11-01 to 2024-04-301,141,989USD182
2023-02-01 to 2023-04-3094,357USD89
2022-11-01 to 2023-04-30746,930USD181

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2024-04-302,018,839USD
At 2023-10-311,851,386USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2024-02-01 to 2024-04-302,021,514USD90
2023-11-01 to 2024-04-303,461,689USD182
2023-02-01 to 2023-04-301,016,600USD89
2022-11-01 to 2023-04-301,182,308USD181

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2024-04-3050,328,328shares
At 2023-10-3131,046,516shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2024-04-30220,647USD
At 2023-10-311,561,924USD
At 2023-04-302,188,209USD
At 2022-10-3173,648USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2024-04-3025,944,850USD
At 2023-10-3120,197,171USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2024-02-01 to 2024-04-30-4,045,935USD90
2023-11-01 to 2024-04-30-5,747,983USD182
2023-02-01 to 2023-04-30-2,235,957USD89
2022-11-01 to 2023-04-30-3,054,238USD181

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2024-02-01 to 2024-04-301,475,685USD90
2023-11-01 to 2024-04-302,422,953USD182
2023-02-01 to 2023-04-30920,263USD89
2022-11-01 to 2023-04-301,044,519USD181

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2024-02-01 to 2024-04-30-2,097,344USD90
2023-11-01 to 2024-04-30-2,359,217USD182
2023-02-01 to 2023-04-30-1,219,357USD89
2022-11-01 to 2023-04-30-1,871,930USD181

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2022-11-01 to 2023-04-30372,000USD181

Inspect the source

Entity
TRIO PETROLEUM CORP / CIK 0001898766
Captured
2026-09-21T17:35:47.549Z
SEC response SHA-256
905790b0e750ac3c3b8ce8306de9a7ae0f40c725454ecde276c76118a4d0db44

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001898766.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))