Login
Companies $APHD
$1.28 +$0.75 (141.51%) Close
Apogee 21 Holdings Inc logo

Apogee 21 Holdings Inc

apogee21holdings.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2024 10-Q, filed Mar 25, 2024. Its latest SEC filing is a EFFECT from May 20, 2024.

The sections below describe the company as of the FY2023 annual report.

What Did They Do?

Acquires oil and gas mineral and royalty interests, along with select non-operated working interests, in onshore U.S. properties.

Who Were Their Customers?

Oil and gas operators or brokers remit royalties tied to production from the company's interests.

Did Revenues Turn Into Profits?

No. It lost $1.9M in FY2023.

Operating income, FY2023
−177% of revenue
▼ −48% (Loss) vs FY2022 (−$3.2M, −438%)
Net income, FY2023
−201% of revenue
▼ −46% (Loss) vs FY2022 (−$3.4M, −478%)
Free cash flow, FY2023
−95% of revenue
▼ −78% (Loss) vs FY2022 (−$4M, −559%)

How Were They Changing?

Since the FY2023 annual report
Latest quarter: Q3 FY2024, the three months to Jan 31, 2024
Net income
▲ +239% (Loss)
vs −$439.8K in Q3 FY2023
  • May 13, 2024 Verde merged into SensaSure, which became Formation Minerals Verde became a wholly owned subsidiary of SensaSure before merging into it; SensaSure continued as the surviving company and changed its name to Formation Minerals.
  • Mar 1, 2024 Verde replaced its independent auditor Fruci & Associates II was engaged as the independent auditor after Sadler, Gibb & Associates resigned.

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support