Financial Snapshot

Revenue
$1.794M
TTM
Gross Margin
Net Earnings
-$2.065M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
44.94%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$13.65M
Q3 2024
Cash
Q3 2024
P/E
-2.807
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992
Revenue $2.161M $2.643M $1.719M $1.007M $1.214M $1.713M $3.222M $2.573M $2.366M $11.67M $11.60M $8.630M $19.17M $16.56M $24.90M $25.64M $25.95M $23.27M $12.44M $15.86M $11.69M $7.840M $8.370M $9.070M $10.00M $8.340M $6.610M $2.230M $3.100M
YoY Change -18.24% 53.76% -17.01% -29.14% -46.82% 25.2% 8.76% -79.73% 0.6% 34.41% -54.98% 15.76% -33.49% -2.89% -1.19% 11.52% 87.06% -21.56% 35.67% 49.11% -6.33% -7.72% -9.3% 19.9% 26.17% 196.41% -28.06%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992
Revenue $2.161M $2.643M $1.719M $1.007M $1.214M $1.713M $3.222M $2.573M $2.366M $11.67M $11.60M $8.630M $19.17M $16.56M $24.90M $25.64M $25.95M $23.27M $12.44M $15.86M $11.69M $7.840M $8.370M $9.070M $10.00M $8.340M $6.610M $2.230M $3.100M
Cost Of Revenue $0.00 $448.3K $1.428M $986.8K $514.4K $5.150M $3.780M $3.560M $8.920M $7.520M $12.00M $11.24M $11.29M $7.780M $5.640M $4.390M $2.930M $3.600M $2.700M $3.800M $5.500M $5.180M $3.610M $800.0K $1.220M
Gross Profit $1.214M $1.265M $1.794M $1.586M $1.851M $6.520M $7.820M $5.060M $10.25M $9.040M $12.90M $14.40M $14.66M $15.49M $6.800M $11.47M $8.750M $4.250M $5.660M $5.270M $4.500M $3.160M $3.000M $1.430M $1.880M
Gross Profit Margin 100.0% 73.83% 55.68% 61.65% 78.26% 55.87% 67.41% 58.63% 53.47% 54.59% 51.81% 56.16% 56.49% 66.57% 54.66% 72.32% 74.85% 54.21% 67.62% 58.1% 45.0% 37.89% 45.39% 64.13% 60.65%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992
Selling, General & Admin $2.075M $2.067M $2.181M $4.431M $4.150M $5.664M $5.264M $4.582M $5.128M $6.030M $5.240M $5.330M $7.320M $7.100M $7.330M $7.340M $7.120M $5.340M $4.600M $3.950M $3.060M $2.150M $2.570M $2.540M $2.030M $1.730M $2.400M $2.880M $2.390M
YoY Change 0.39% -5.23% 6.76% -26.74% 7.61% 14.89% -10.66% -14.95% 15.08% -1.69% -27.19% 3.1% -3.14% -0.14% 3.09% 33.33% 16.09% 16.46% 29.08% 42.33% -16.34% 1.18% 25.12% 17.34% -27.92% -16.67% 20.5%
% of Gross Profit 341.89% 447.86% 293.45% 288.83% 276.98% 92.48% 67.01% 105.34% 71.41% 78.54% 56.82% 50.97% 48.57% 34.47% 67.65% 34.44% 34.97% 50.59% 45.41% 48.2% 45.11% 54.75% 80.0% 201.4% 127.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $346.9K $575.9K $537.3K $116.0K $283.9K $400.8K $315.6K $309.8K $664.1K $2.360M $920.0K $990.0K $4.150M $3.590M $5.830M $4.060M $3.710M $2.420M $1.690M $1.280M $590.0K $1.500M $1.460M $670.0K $480.0K $400.0K $530.0K $30.00K $80.00K
YoY Change -39.77% 7.19% -59.13% -29.18% 27.01% 1.86% -53.35% -71.86% 156.52% -7.07% -76.14% 15.6% -38.42% 43.6% 9.43% 53.31% 43.2% 32.03% 116.95% -60.67% 2.74% 117.91% 39.58% 20.0% -24.53% 1666.67% -62.5%
% of Gross Profit 23.39% 31.69% 17.59% 19.53% 35.87% 36.2% 11.76% 19.57% 40.49% 39.71% 45.19% 28.19% 25.31% 15.62% 24.85% 11.16% 6.74% 35.29% 25.8% 12.71% 10.67% 12.66% 17.67% 2.1% 4.26%
Operating Expenses $2.075M $2.067M $2.181M $4.547M $4.434M $6.065M $5.580M $4.892M $6.792M $8.390M $6.170M $6.320M $11.48M $10.68M $13.16M $11.41M $10.83M $7.760M $6.290M $5.240M $3.650M $3.650M $4.040M $3.210M $2.510M $2.140M $2.920M $2.910M $2.470M
YoY Change 0.39% -5.23% 2.54% -26.9% 8.7% 14.07% -27.99% -19.04% 35.98% -2.37% -44.95% 7.49% -18.84% 15.34% 5.36% 39.56% 23.37% 20.04% 43.56% 0.0% -9.65% 25.86% 27.89% 17.29% -26.71% 0.34% 17.81%
Operating Profit -$1.943M -$729.3K -$3.666M -$3.220M -$4.800M -$3.786M -$3.305M -$4.941M -$1.870M $1.650M -$1.260M -$1.230M -$1.640M -$260.0K $2.990M $3.830M $7.730M $510.0K $6.230M $5.100M $600.0K $1.620M $2.060M $1.990M $1.020M $80.00K -$1.480M -$590.0K
YoY Change 166.4% -80.11% -32.92% 26.8% 14.54% -33.11% 164.22% -213.33% -230.95% 2.44% -25.0% 530.77% -108.7% -21.93% -50.45% 1415.69% -91.81% 22.16% 750.0% -62.96% -21.36% 3.52% 95.1% 1175.0% -105.41% 150.85%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992
Interest Expense $1.970K $2.452K $9.206K -$159.3K -$114.2K -$86.09K -$81.61K -$304.5K -$188.0K -$140.0K -$50.00K -$100.0K -$220.0K -$150.0K -$520.0K -$440.0K -$270.0K -$200.0K -$110.0K -$50.00K -$430.0K -$390.0K -$340.0K -$150.0K -$20.00K -$60.00K
YoY Change -19.66% -73.37% 39.51% 32.61% 5.49% -73.2% 61.99% 34.26% 180.0% -50.0% -54.55% 46.67% -71.15% 18.18% 62.96% 35.0% 81.82% 120.0% -88.37% 10.26% 14.71% 126.67% 650.0% -66.67%
% of Operating Profit -3.03% -14.72% -7.05% -2.59% -21.57% -0.8% -8.43% -65.0% -20.99% -7.28% -1.01% -5.88%
Other Income/Expense, Net $73.33K $341.8K $0.00 $0.00 -$360.0K -$200.0K -$70.00K -$30.00K $150.0K
YoY Change -78.54% -100.0% 80.0% 185.71% 133.33% -120.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992
Pretax Income -$1.832M -$145.6K -$3.598M -$2.427M -$4.144M -$2.011M -$2.152M $1.149M -$4.503M -$5.780M $2.010M -$3.250M -$14.58M -$4.040M -$3.710M $1.810M $3.500M $6.660M -$190.0K $4.120M $3.140M $150.0K -$370.0K $1.610M $1.400M $550.0K $10.00K -$1.510M -$450.0K
YoY Change 1158.42% -95.95% -41.44% 106.11% -6.55% -287.26% -125.52% -22.1% -387.56% -161.85% -77.71% 260.89% 8.89% -304.97% -48.29% -47.45% -3605.26% -104.61% 31.21% 1993.33% -140.54% -122.98% 15.0% 154.55% 5400.0% -100.66% 235.56%
Income Tax $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $9.188M -$1.680M $710.0K -$1.050M -$5.810M -$1.260M -$1.060M $630.0K $1.310M $2.220M -$60.00K $370.0K $80.00K $0.00 $50.00K $100.0K $0.00 $0.00 $0.00 $0.00 $30.00K
% Of Pretax Income 0.0% 35.32% 34.81% 37.43% 33.33% 8.98% 2.55% 0.0% 6.21% 0.0% 0.0% 0.0%
Net Earnings -$1.832M -$145.6K -$3.598M -$2.427M -$4.144M -$2.011M -$2.152M $1.149M -$13.69M -$4.100M $1.310M -$2.200M -$8.780M -$2.780M -$2.650M $1.190M $2.200M $4.400M -$140.0K $3.750M $3.060M $150.0K $770.0K $1.510M $1.400M $550.0K $0.00 -$1.510M -$470.0K
YoY Change 1158.42% -95.95% -41.44% 106.11% -6.55% -287.26% -108.39% 233.92% -412.98% -159.55% -74.94% 215.83% 4.91% -322.69% -45.91% -50.0% -3242.86% -103.73% 22.55% 1940.0% -80.52% -49.01% 7.86% 154.55% -100.0% 221.28%
Net Earnings / Revenue -84.8% -5.51% -209.37% -240.94% -341.43% -117.38% -66.8% 44.66% -578.67% -35.13% 11.29% -25.49% -45.8% -16.79% -10.64% 4.64% 8.48% 18.91% -1.13% 23.64% 26.18% 1.91% 9.2% 16.65% 14.0% 6.59% 0.0% -67.71% -15.16%
Basic Earnings Per Share -$0.04 -$0.02 -$0.06
Diluted Earnings Per Share -$0.04 -$0.02 -$0.06 -$111.1K -$216.0K -$132.3K -$144.0K $80.42K -$1.230M -$384.6K $118.0K -$245.3K -$1.064M -$351.0K -$334.2K $150.8K $312.1K $652.8K -$18.57K $489.6K $400.0K $19.84K $101.2K $185.5K $169.5K $69.89K $0.00 -$280.1K -$88.01K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992
Cash & Short-Term Investments $3.339M $4.995M $3.764M $3.062M $4.895M $1.490M $2.980M $4.630M $4.840M $1.550M $3.850M $7.380M $4.720M $7.630M $4.880M $2.230M $3.130M $2.110M $1.020M $1.020M $2.030M $2.600M $1.620M $680.0K $680.0K
YoY Change -33.15% 32.7% 22.93% -37.45% 228.52% -50.0% -35.64% -4.34% 212.26% -59.74% -47.83% 56.36% -38.14% 56.35% 118.83% -28.75% 48.34% 106.86% 0.0% -49.75% -21.92% 60.49% 138.24% 0.0%
Cash & Equivalents $3.339M $4.995M $3.764M $3.062M $4.878M $1.490M $2.950M $4.630M $3.840M $1.330M $3.850M $7.380M $4.720M $7.630M $4.880M $2.230M $3.130M $2.110M $1.020M $1.020M $2.030M $2.600M $1.620M $680.0K $680.0K
Short-Term Investments $0.00 $16.45K $0.00 $30.00K $0.00 $1.000M $220.0K $0.00
Other Short-Term Assets $149.4K $63.31K $114.0K $158.4K $191.2K $469.0K $1.090M $1.130M $840.0K $3.380M $890.0K $2.500M $2.490M $4.730M $2.340M $1.820M $700.0K $470.0K $340.0K $170.0K $140.0K $190.0K $100.0K $80.00K $90.00K
YoY Change 135.93% -44.48% -28.01% -17.15% -59.24% -56.97% -3.54% 34.52% -75.15% 279.78% -64.4% 0.4% -47.36% 102.14% 28.57% 160.0% 48.94% 38.24% 100.0% 21.43% -26.32% 90.0% 25.0% -11.11%
Inventory $612.5K $660.0K $850.0K $850.0K $220.0K $340.0K $400.0K $380.0K $150.0K $130.0K $60.00K
Prepaid Expenses
Receivables $870.0K $980.2K $529.1K $2.253M $1.681M $3.969M $1.870M $2.450M $2.490M $3.750M $4.090M $2.910M $4.220M $3.900M $5.140M $3.740M $3.530M $6.410M $1.750M $1.580M $1.860M $1.960M $900.0K $870.0K $250.0K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $70.00K $80.00K $120.0K $160.0K $140.0K $40.00K $30.00K $0.00
Total Short-Term Assets $4.358M $6.038M $4.407M $5.474M $6.767M $6.541M $6.610M $9.060M $9.020M $8.890M $9.170M $13.18M $11.82M $16.40M $12.49M $7.850M $7.350M $9.060M $3.180M $2.880M $4.180M $4.880M $2.660M $1.660M $1.020M
YoY Change -27.82% 37.01% -19.49% -19.11% 3.46% -1.05% -27.04% 0.44% 1.46% -3.05% -30.42% 11.51% -27.93% 31.31% 59.11% 6.8% -18.87% 184.91% 10.42% -31.1% -14.34% 83.46% 60.24% 62.75%
Property, Plant & Equipment $1.302M $1.733M $6.532M $7.595M $7.554M $6.522M $8.080M $10.26M $8.800M $10.26M $23.39M $20.53M $31.22M $26.14M $22.90M $15.18M $12.23M $11.72M $13.05M $11.60M $10.24M $3.910M $3.970M $3.820M $2.320M
YoY Change -24.87% -73.46% -13.99% 0.53% 15.83% -19.28% -21.25% 16.59% -14.23% -56.14% 13.93% -34.24% 19.43% 14.15% 50.86% 24.12% 4.35% -10.19% 12.5% 13.28% 161.89% -1.51% 3.93% 64.66%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $10.00K $10.00K $10.00K $10.00K $280.0K $280.0K $10.00K $10.00K
YoY Change 0.0% 0.0% 0.0% -96.43% 0.0% 0.0%
Other Assets $511.1K $610.8K $730.8K $510.8K $494.6K $6.950K $6.060M $4.500M $5.750M $5.040M $0.00 $620.0K $930.0K -$730.0K -$430.0K -$90.00K $130.0K $160.0K
YoY Change -16.32% -16.43% 43.07% 3.28% 7016.4% -99.89% 34.67% -21.74% 14.09% -33.33% -227.4% 69.77% 377.78% -169.23% -18.75%
Total Long-Term Assets $1.813M $2.344M $7.263M $8.105M $8.049M $6.529M $14.14M $14.76M $14.54M $15.30M $23.40M $20.54M $31.22M $26.15M $23.18M $15.45M $12.23M $11.72M $13.67M $12.53M $9.520M $3.490M $3.930M $4.090M $2.600M
YoY Change -22.64% -67.73% -10.39% 0.7% 23.28% -53.83% -4.2% 1.51% -4.97% -34.62% 13.92% -34.21% 19.39% 12.81% 50.03% 26.33% 4.35% -14.26% 9.1% 31.62% 172.78% -11.2% -3.91% 57.31%
Total Assets $6.171M $8.382M $11.67M $13.58M $14.82M $13.07M $20.75M $23.82M $23.56M $24.19M $32.57M $33.72M $43.04M $42.55M $35.67M $23.30M $19.58M $20.78M $16.85M $15.41M $13.70M $8.370M $6.590M $5.750M $3.620M
YoY Change
Accounts Payable $4.639M $2.469M $2.937M $4.503M $5.332M $4.932M $4.540M $5.240M $5.130M $10.32M $10.08M $7.160M $7.380M $9.630M $8.750M $6.030M $3.540M $6.640M $3.850M $1.250M $2.110M $1.950M $2.360M $1.560M $590.0K
YoY Change 87.87% -15.93% -34.77% -15.56% 8.11% 8.64% -13.36% 2.14% -50.29% 2.38% 40.78% -2.98% -23.36% 10.06% 45.11% 70.34% -46.69% 72.47% 208.0% -40.76% 8.21% -17.37% 51.28% 164.41%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $30.53K $29.03K $22.92K $2.259M $0.00 $50.00K $0.00 $0.00 $230.0K $90.00K $70.00K $0.00 $110.0K $190.0K $190.0K
YoY Change -100.0% 5.17% 26.66% -98.99% -100.0% -100.0% 155.56% 28.57% -100.0% -42.11% 0.0%
Total Short-Term Liabilities $12.11M $11.94M $11.38M $12.47M $11.48M $15.89M $9.420M $9.100M $10.48M $14.33M $14.03M $12.41M $13.96M $14.98M $12.79M $8.600M $6.280M $8.280M $5.320M $4.080M $3.850M $3.450M $3.010M $2.540M $1.540M
YoY Change 1.4% 4.92% -8.71% 8.59% -27.72% 68.65% 3.52% -13.17% -26.87% 2.14% 13.05% -11.1% -6.81% 17.12% 48.72% 36.94% -24.15% 55.64% 30.39% 5.97% 11.59% 14.62% 18.5% 64.94%
Long-Term Debt $0.00 $0.00 $1.416M $1.447M $1.477M $0.00 $2.750M $3.200M $2.440M $1.980M $5.180M $3.810M $6.630M $5.980M $4.390M $3.500M $2.000M $4.950M $5.050M $5.000M $3.900M $300.0K $320.0K $540.0K $0.00
YoY Change -100.0% -2.11% -2.05% -100.0% -14.06% 31.15% 23.23% -61.78% 35.96% -42.53% 10.87% 36.22% 25.43% 75.0% -59.6% -1.98% 1.0% 28.21% 1200.0% -6.25% -40.74%
Other Long-Term Liabilities $1.001M $952.1K $1.096M $804.2K $862.4K $954.1K $580.0K $580.0K $510.0K $490.0K $400.0K $270.0K $250.0K $270.0K $200.0K $0.00
YoY Change 5.13% -13.14% 36.31% -6.74% -9.61% 64.5% 0.0% 13.73% 4.08% 22.5% 48.15% 8.0% -7.41% 35.0%
Total Long-Term Liabilities $1.001M $952.1K $2.513M $2.251M $2.339M $954.1K $3.330M $3.780M $2.950M $2.470M $5.580M $4.080M $6.880M $6.250M $4.590M $3.500M $2.000M $4.950M $5.050M $5.000M $3.900M $300.0K $320.0K $540.0K $0.00
YoY Change 5.13% -62.11% 11.61% -3.78% 145.2% -71.35% -11.9% 28.14% 19.43% -55.73% 36.76% -40.7% 10.08% 36.17% 31.14% 75.0% -59.6% -1.98% 1.0% 28.21% 1200.0% -6.25% -40.74%
Total Liabilities $13.11M $12.90M $13.90M $14.72M $13.82M $16.84M $12.75M $12.88M $13.44M $16.80M $20.19M $18.17M $24.73M $25.36M $20.40M $12.10M $8.280M $13.23M $10.37M $9.080M $7.750M $3.750M $3.330M $3.080M $1.540M
YoY Change 1.68% -7.2% -5.6% 6.5% -17.92% 32.08% -1.01% -4.17% -20.0% -16.79% 11.12% -26.53% -2.48% 24.31% 68.6% 46.14% -37.41% 27.58% 14.21% 17.16% 106.67% 12.61% 8.12% 100.0%

Ownership

Basic Shares Outstanding

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Preferred Stock

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Ownership Data

Concept 2023 2022 2021 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992
Basic Shares Outstanding 65.76M shares 58.47M shares 55.89M shares
Diluted Shares Outstanding 65.76M shares 58.47M shares 55.89M shares
Preferred Stock
Treasury Stock Shares

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Dividends

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Stock Price

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Market Cap: $5.796 Million

About Royale Energy, Inc.

Royale Energy, Inc. engages in the production and sale of oil and natural gas, as well as the performance of turnkey drilling operations. The company is headquartered in El Cajon, California. The firm also performs turnkey drilling operations. The firm owns wells and leases in various geological basins located primarily in California, Texas, Oklahoma, and Utah, and offers fractional working interests. The firm also owns an overriding royalty interest in discovery in Alaska. The company usually sells a portion of the working interest in each well it drills or participates with third-party participants and retains a portion of the prospect for its own account. The firm generally sells working interests in its prospects to accredited investors in exempt securities offerings. The prospects are typically bundled into multi-well investments, which permit third-party investors to diversify their investments by investing in several wells at once instead of investing in single-well prospects. The firm owns an interest in approximately 70 producing oil and natural gas wells.

Industry: Crude Petroleum & Natural Gas Peers: AMERICAN NOBLE GAS, INC. New Concept Energy, Inc. CONOCOPHILLIPS ReoStar Energy CORP GULFSLOPE ENERGY, INC.