MMEX Resources Corporation | 10-K: FY2025 Revenue: USD 0

Revenue: As of FY2025, the actual value is USD 0.

EPS: As of FY2025, the actual value is USD -0.0002.

EBIT: As of FY2025, the actual value is USD -1.438 M.

Segment Revenue

• No revenue was generated for the fiscal years ended April 30, 2025, and 2024.

Operational Metrics

• Net Loss: $2,299,458 for the fiscal year ended April 30, 2025, compared to $8,194,086 for the fiscal year ended April 30, 2024.
• General and Administrative Expenses: $1,395,748 for the fiscal year ended April 30, 2025, compared to $1,256,168 for the fiscal year ended April 30, 2024.
• Project Costs: $5,430 for the fiscal year ended April 30, 2025, compared to $11,851 for the fiscal year ended April 30, 2024.
• Depreciation and Amortization: $36,394 for the fiscal years ended April 30, 2025 and 2024.
• Interest Expense: $461,672 for the fiscal year ended April 30, 2025, compared to $340,774 for the fiscal year ended April 30, 2024.
• Loss on Extinguishment of Debt: $400,214 for the fiscal year ended April 30, 2025, compared to $819,346 for the fiscal year ended April 30, 2024.

Cash Flow

• Net Cash Used in Operating Activities: - $380,107 for the fiscal year ended April 30, 2025, compared to - $492,992 for the fiscal year ended April 30, 2024.
• Net Cash Provided by Financing Activities: $383,788 for the fiscal year ended April 30, 2025, compared to $483,527 for the fiscal year ended April 30, 2024.

Unique Metrics

• Working Capital Deficit: $4,786,964 as of April 30, 2025.
• Accumulated Deficit: $83,220,849 as of April 30, 2025.

Outlook / Guidance

• The company expects to continue seeking additional funding through private or public equity and debt financing. There is substantial doubt about the company’s ability to continue as a going concern for a reasonable period of time.