Royale Energy FY25 net loss narrows to $1.25 million; revenue falls 13.9% to $1.95 million - ROYL News | RalliesRoyale Energy FY25 net loss narrows to $1.25 million; revenue falls 13.9% to $1.95 million
R
ROYL• FY25 results
- Royale Energy posted a net loss of $1.25 million, narrowing from a $2.16 million loss a year earlier.
- Revenue fell 13.9% to $1.95 million, while total expenses dropped 27.7% to $4.18 million.
Balance sheet and reserves
- Deferred drilling obligation rose to $14.28 million.
- Proved oil reserves increased 171.1% and proved natural gas reserves climbed 362.3%.
Production and expense trends
- Oil and gas production revenue declined 14.23% to $1.93 million on lower oil prices, with oil volumes down 2.2% to 25,976 barrels.
- Lease operating expenses fell 33.3% to $1.32 million, while interest expense increased to $404,051 from $304,873.
•
