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

Dune Oil Corp. TRLEF

8 fiscal years on record · USD · FY2021 reported · SEC filings only
$3.7M
▲ 43.2% YoY
$-2.1M
$-1.9M
In brief

What this company does

The Company is focused on oil and gas exploration in Turkiye. Trillion Energy International Inc. and its consolidated subsidiaries, (collectively referred to as the “Company”) is a Canadian based oil and gas exploration and production company with operations primarily in Turkiye. The Company’s shares trade on the Canadian Securities Exchange under the symbol “TCF”. The Company’s exploration focus is for oil in the Cudi-Gabar petroleum province, Southeastern Turkiye on the east quadrant through Trillion Energy Exploration Turkiye JSC (“Trillion JSC”), a newly formed, wholly owned subsidiary. The Company through its subsidiary PPE Turkey drilled six development gas wells (two in 2022 and four in 2023) at its conventional natural gas project, the SASB gas field located in the Black Sea, Turkiye. Trillion had a 49% interest in the SASB gas field.

Written from the business description in Trillion Energy International Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 27 May 2026. Every sentence was checked against that document before publication.

Growth
USD 3.7M
Revenue, FY2021 · full 8-year series below
Revenue $M Net income $M
FY2021 · Revenue 3.7 · Net income -2.1
2M4M-2M20142015201620172018201920202021
Compound annual growth
−4.5%
3 yrs
5 yrs
10 yrs
15 yrs

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
−55 cents
lost on every revenue dollar
Operating margin Net margin
FY2021 · Operating -83.7% · Net -55.4%
-50%-100%20142015201620172018201920202021
ROE
FY2020 · ROE -1976.8%
-500%-1000%-1500%20142015201620172018201920202021

Cash & shareholders
returned in FY2021 · dividends + net buybacks
Free cash flow $M
FY2021 · FCF -1.9
-0.8M-1.6M20142015201620172018201920202021

Total assetsUSD 7.2M
EquityUSD 741,084.00
CashUSD 1.0M
Current ratio1.23×

Equity funds 10% of total assets.

The 8-year record
8 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20212020201920182017201620152014
Revenue $B0.00.00.00.00.0·0.0·
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.0−0.0···
Income tax $B······0.00.0
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.0−0.00.0−0.0−0.0−0.0−0.0−0.0
EPS, diluted $·−0.04−0.02−0.03−0.04−0.08−0.02−0.02
Dividend / sh $········
Payout %········
ROE %·−1976.8−72.1−98.2−86.5−114.3−22.8−25.0
Shares out B0.190.130.130.080.060.050.050.05

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 32 reconciliationsAUDITED

Reconciled in 8 of 19 fiscal years. 44 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityCrude Petroleum & Natural Gas
Listed onOTC market
Incorporated inoutside the United States — SEC code A1
Fiscal year endsDecember 31
Data on record since2014

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