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MARKETS / BALCAO / ALTX
BALCAO · CRUDE PETROLEUM & NATURAL GAS · SMALL CAP

Altex Industries Inc. ALTX

16 fiscal years on record · USD · FY2025 reported · SEC filings only
$18,000
▼ 21.7% YoY
$-192,000
▼ 143.9% YoY
In brief

What this company does

Through its operating subsidiary, AOC, the Company currently owns interests in onshore oil and gas properties, has bought and sold producing oil and gas properties, and, to a lesser extent, has participated in the drilling of exploratory and development wells, and in recompletions of existing wells. All of AOC’s interests are in properties operated by others. The operators of producing properties in which AOC has an interest sell produced oil and gas to refiners, pipeline operators, and processing plants. The sale of oil and gas is regulated by Federal, state, and local agencies, and AOC is also subject to Federal, state, and local laws and regulations relating to the environment. AOC regularly assesses its exposure to environmental liability and asset retirement obligations (ARO), which activities are covered by Federal, state, and local regulation.

Written from the business description in Altex Industries, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 28 November 2025. Every sentence was checked against that document before publication.

Growth
USD 18,000.00
Revenue, FY2025 · full 16-year series below
Revenue $ Net income $
FY2025 · Revenue 18000.0 · Net income -192000.0
200000400000-200000201020122014201620182020202220242025
Compound annual growth
−20.6%
−10.3%
−9.3%
−13.1%
+24.6%
+11.6%
−7.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −10.3% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−1067 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Net -1066.7%
500%1000%1500%-500%-1000%201020122014201620182020202220242025
ROE
FY2025 · ROE -13.3%
10%20%30%-10%-20%201020122014201620182020202220242025
Gross margin—
Operating margin—
Net margin-1066.7%
Return on assets-7.0%
EBITDA—

Each USD of equity lost 13 cents this year.

Cash & shareholders
USD 12,000.00
returned in FY2025 · dividends + net buybacks
Net buybacks $ Dividends $
FY2025 · Dividends — · Net buybacks 12000.0
25000.050000.020102013201520172019202120232025
Dividends paid—
Net buybacksUSD 12,000.00
Share of profit-6.2%
Consecutive raises—

USD 12,000.00 in buybacks went back to shareholders in a year without profit.

Total assetsUSD 2.7M
EquityUSD 1.3M
CashUSD 2.5M
Current ratio2.01×

Equity funds 49% of total assets.

The 16-year record
16 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142013201220112010
Revenue $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Operating income $B················
EBITDA $B················
Income tax $B0.00.00.00.00.00.00.00.00.0····−0.0−0.0·
Net income $B−0.00.0−0.00.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EPS, diluted $····−0.01−0.010.00−0.01−0.01−0.03−0.03−0.02−0.02−0.02−0.03−0.02
Dividend / sh $················
Payout %················
ROE %−13.332.6−10.626.6−7.7−11.0−2.5−5.4−8.8−21.4−16.6−12.5−10.1−9.5−10.1−9.3
Shares out B0.010.010.010.010.010.010.010.010.010.010.010.010.010.010.010.01

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 58 reconciliationsAUDITED

Reconciled in 16 of 19 fiscal years. 18 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityCrude Petroleum & Natural Gas
Listed onOTC market
Incorporated inDelaware
Fiscal year endsSeptember 30
SEC categorysmaller reporting company
Data on record since2010

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