INDO NYSE Crude Petroleum & Natural Gas Financials FY2017βFY2025
Indonesia Energy Corp Ltd had $2.0M of revenue in fiscal 2025, down 24.6% on the year before. Over five years, revenue changed +0.3% a year on average.
Hi! I read Indonesia Energy Corp Ltdβs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
β24.6%
No. Sales fell 24.6% last year.
Does it make a profit?
β253.2%
No. It lost money last year.
Does profit turn into cash?
β272.3%
No. It spent more cash than it brought in.
How healthy are the accounts?
2 / 7
Weak. It passes 2 of 7 health tests.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
In plain words: Every quarter, companies publish how much they sold and earned. These are the days Indonesia Energy Corp Ltd did it, and the next one. Share prices often move a lot on those days.
Next results
April 28, 2027
Wednesday Β· in 185 days
Estimated from the same quarter last year. It will be replaced by the announced date once there is one.
See who else reports that week β| Date | Results for | Time | Source |
|---|---|---|---|
| Apr 29, 2026 | Period ended Dec 31, 2025 | After the market closes | 20-F β |
| Apr 30, 2025 | Period ended Dec 31, 2024 | Time not announced | 20-F β |
| Apr 26, 2024 | Period ended Dec 31, 2023 | After the market closes | 20-F β |
| May 1, 2023 | Period ended Dec 31, 2022 | After the market closes | 20-F β |
| May 2, 2022 | Period ended Dec 31, 2021 | Time not announced | 20-F β |
| May 18, 2021 | Period ended Dec 31, 2020 | Time not announced | 20-F β |
| Jun 15, 2020 | Period ended Dec 31, 2019 | Time not announced | 20-F β |
From SEC filings: the results press release (8-K) or, without one, the quarterly or annual report.
KIRA Β· Indonesia Energy Corp Ltd had $2.0M of revenue in fiscal 2025, down 24.6% on the year before. Over five years, revenue changed +0.3% a year on average. Its operating margin was β227.5%, down 5.1Β pts: of every 100 in sales, about β227 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Margins, % of revenue
KIRA Β· Indonesia Energy Corp Ltd lost $5.1M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was β$5.5M in fiscal 2025, β272.3% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Can it carry its debts, and how well does it use its money?
Cash, debt and the ratios that show how comfortably Indonesia Energy Corp Ltd can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Debt incl. finance leases | $1.0M | β | β | β | β |
| Debt / equity | 0.1x | β | β | β | β |
| Interest coverage | β406.8x | β287.4x | β | β | β |
| Current ratio | 1.2x | 6.5x | 3.8x | 3.2x | 5.1x |
| Quick ratio | 1.2x | 6.5x | 3.8x | 3.2x | 5.1x |
| Total assets | $12.1M | $20.6M | $17.7M | $21.9M | $22.8M |
| Total liabilities | $4.3M | $3.3M | $3.0M | $3.7M | $3.1M |
| Shareholders' equity | $7.8M | $17.3M | $14.7M | $18.2M | $19.7M |
| Net debt (β = net cash) | $1.0M | β | β | β | β |
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· Indonesia Energy Corp Ltd passes 2 of 7 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | β / 4 | 2 / 7 | 3 / 8 | 2 / 8 | 2 / 7 | 0 / 7 | 1 / 7 | 2 / 7 |
| Accruals ratio | β | β18.0% | β8.0% | β9.6% | β18.3% | 0.9% | 1.8% | β16.4% | 1.5% |
| Altman Z'' | β | β4.22 | 3.54 | β0.94 | β10.21 | 0.36 | β1.87 | β2.28 | β0.26 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | $3.7M | $5.9M | $4.2M | $2.0M | $2.5M | $4.1M | $3.5M | $2.7M | $2.0M |
| Operating income | β$1.6M | $0.1M | β$1.6M | β$7.3M | β$6.1M | β$4.6M | β$3.5M | β$5.9M | β$4.6M |
| Interest expense | β | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | β | β | β |
| Pretax income | β$1.6M | $0.1M | β$1.7M | β$7.0M | β$6.1M | β$3.1M | β$2.6M | β$6.3M | β$5.1M |
| Income tax | $0.0M | $0.0M | $0.0M | β | β | β | β | β | β |
| Net income | β$1.6M | $0.1M | β$1.7M | β$7.0M | β$6.1M | β$3.1M | β$2.6M | β$6.3M | β$5.1M |
| Net income to common | β | β | β | β | β$6.1M | β$3.1M | β$2.6M | β$6.3M | β$5.1M |
| Diluted EPS | β$0.27 | $0.02 | β$0.28 | β$0.94 | β$0.82 | β$0.35 | β$0.26 | β$0.55 | β$0.35 |
| Diluted shares | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B |
| Cash flow | |||||||||
| Cash from operations | β$0.2M | $1.9M | β$0.4M | β$5.2M | β$3.5M | β$3.2M | β$3.0M | β$3.1M | β$5.4M |
| Capital expenditure | $0.2M | $0.0M | $0.0M | β | $0.3M | $0.0M | β | β | $0.0M |
| Free cash flow | β$0.4M | $1.9M | β$0.4M | β | β$3.9M | β$3.2M | β | β | β$5.5M |
| Depreciation and amortization | $1.2M | $1.2M | $0.9M | $0.7M | $0.8M | $1.1M | $0.7M | $0.7M | $0.6M |
| Stock-based compensation | $0.0M | $0.0M | $0.2M | $3.0M | $1.3M | $0.5M | β | $1.2M | β |
| Balance sheet | |||||||||
| Cash and short-term investments | $0.2M | $0.9M | $12.2M | $6.9M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Total debt | β | β | $2.0M | $1.0M | $1.0M | β | β | β | β |
| Current assets | β | $4.0M | $15.1M | $11.2M | $3.5M | $7.9M | $6.1M | $6.1M | $7.5M |
| Current liabilities | β | $2.7M | $2.7M | $1.8M | $2.8M | $1.2M | $1.6M | $1.9M | $1.5M |
| Property and equipment, net | β | $0.2M | $0.2M | $0.1M | $0.3M | $0.2M | $0.1M | $0.0M | $0.0M |
| Total assets | β | $9.9M | $21.2M | $15.6M | $12.1M | $20.6M | $17.7M | $21.9M | $22.8M |
| Total liabilities | β | $4.8M | $5.0M | $3.2M | $4.3M | $3.3M | $3.0M | $3.7M | $3.1M |
| Preferred stock | β | $0.0M | $0.0M | β | β | β | β | β | β |
| Shareholders' equity | β$19.4M | $5.1M | $16.2M | $12.4M | $7.8M | $17.3M | $14.7M | $18.2M | $19.7M |
| Margins | |||||||||
| Operating margin | β41.9% | 2.4% | β38.3% | β367.0% | β248.8% | β112.2% | β99.2% | β222.4% | β227.5% |
| EBITDA margin | β9.9% | 22.2% | β17.3% | β331.7% | β215.7% | β84.4% | β79.2% | β197.5% | β199.7% |
| Net margin | β43.3% | 2.5% | β40.0% | β351.0% | β248.0% | β74.8% | β75.0% | β237.6% | β253.2% |
| FCF margin | β9.9% | 32.8% | β10.5% | β | β157.4% | β78.3% | β | β | β272.3% |
| Returns | |||||||||
| Return on capital | β | β | β21.3% | β89.0% | β54.7% | β | β | β | β |
| Return on capital employed | β | 2.0% | β8.7% | β52.9% | β65.9% | β23.8% | β21.7% | β29.7% | β21.5% |
| Return on equity | β | β | β15.7% | β48.7% | β60.3% | β24.4% | β16.5% | β38.6% | β26.9% |
| Return on assets | β | 1.5% | β10.8% | β37.9% | β44.0% | β18.8% | β13.8% | β32.0% | β22.8% |
| Return on tangible equity | β | 2.9% | β10.3% | β56.3% | β77.4% | β18.0% | β18.0% | β34.9% | β25.9% |
| Growth | |||||||||
| Revenue growth | β | 58.1% | β28.6% | β52.7% | 23.8% | 67.1% | β14.0% | β24.3% | β24.6% |
| Net income growth | β | β | β1,248.7% | β | β | β | β | β | β |
| EPS growth | β | β | β1,500.0% | β | β | β | β | β | β |
| FCF growth | β | β | β122.9% | β | β | β | β | β | β |
| Share count change | β | 0.0% | 0.8% | 22.3% | 0.3% | 19.8% | 14.1% | 13.4% | 27.5% |
| Financial health | |||||||||
| Debt / equity | β | β | 0.1x | 0.1x | 0.1x | β | β | β | β |
| Interest coverage | β | 4.4x | β53.4x | β297.9x | β406.8x | β287.4x | β | β | β |
| Current ratio | β | 1.5x | 5.5x | 6.2x | 1.2x | 6.5x | 3.8x | 3.2x | 5.1x |
| Quick ratio | β | 1.5x | 5.5x | 6.2x | 1.2x | 6.5x | 3.8x | 3.2x | 5.1x |
| Capital allocation | |||||||||
| Capex / revenue | 5.0% | 0.0% | 0.0% | β | 12.7% | 0.0% | β | β | 2.2% |
| Stock comp / revenue | 0.0% | 0.0% | 5.9% | 151.8% | 52.5% | 12.8% | β | 46.0% | β |
| Quality scores | |||||||||
| Piotroski F-score | β | β | 2.0 | 3.0 | 2.0 | 2.0 | 0.0 | 1.0 | 2.0 |
| Altman Z'' | β | β4.2 | 3.5 | β0.9 | β10.2 | 0.4 | β1.9 | β2.3 | β0.3 |
| Accruals ratio | β | β18.0% | β8.0% | β9.6% | β18.3% | 0.9% | 1.8% | β16.4% | 1.5% |
Source: SEC EDGAR XBRL filings (CIK 0001757840). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
