NASDAQ : SKYQ
Sky Quarry Inc. — Financial statements
Energy · Oil & Gas Integrated · United States
Last price 2.19 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 19.35M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Sky Quarry Inc. (SKYQ) reported revenue of 1.62M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.62M | 12.49M | 23.36M | 50.73M | 16.29M | 60.90K |
| Cost of Revenue | 4.95M | 15.59M | 24.76M | 48.39M | 12.74M | 627.94K |
| Gross Profit | -3.33M | -3.10M | -1.40M | 2.34M | 3.55M | -567.04K |
| Selling, General & Admin | 5.65M | 6.11M | 6.11M | 3.70M | 4.65M | 869.45K |
| Other Operating Expenses | 31.92K | 31.92K | 15.94K | |||
| Operating Expenses | 5.69M | 6.15M | 6.13M | 3.71M | 5.03M | 869.45K |
| Operating Income | -9.02M | -9.25M | -7.52M | -1.37M | -1.48M | -1.44M |
| Interest Expense | -2.66M | -3.16M | -6.52M | -3.64M | -2.30M | -209.47K |
| Other Non Operating Income (Expenses) | -17.35K | 315.19K | -422.43K | 26.01K | ||
| EBT Excluding Unusual Items | -11.70M | -12.10M | -14.46M | -4.98M | -3.79M | -1.65M |
| Gain (Loss) on Sale of Assets | -2.27K | 1.65K | -25.07K | 564.81K | ||
| Other Unusual Items | -1.33M | -103.88K | -241.31K | -205.43K | ||
| Pretax Income | -13.03M | -12.20M | -14.73M | -4.62M | -3.79M | -1.65M |
| Income Tax Expense | -185.53K | -1.07M | -32.47K | |||
| Net Income | -13.03M | -12.20M | -14.73M | -4.44M | -2.71M | -1.61M |
| Net Income to Common | -13.03M | -12.20M | -14.73M | -4.44M | -2.71M | -1.61M |
| Shares Outstanding (Basic) | 3.70M | 2.77M | 2.38M | 2.04M | 2.03M | 1.42M |
| Shares Outstanding (Diluted) | 3.70M | 2.77M | 2.38M | 2.04M | 2.03M | 1.42M |
| EPS (Basic) | -3.53 | -4.41 | -6.19 | -2.17 | -1.34 | -1.14 |
| EPS (Diluted) | -3.53 | -4.41 | -6.19 | -2.17 | -1.34 | -1.14 |
| Free Cash Flow | -8.40M | -3.65M | -8.97M | -2.07M | -7.99M | -1.43M |
| Free Cash Flow Per Share | -2.27 | -1.32 | -3.77 | -1.01 | -3.94 | -1.01 |
| Gross Margin | -205.95% | -24.81% | -5.97% | 4.61% | 21.77% | |
| Operating Margin | -558.12% | -74.04% | -32.20% | -2.70% | -9.10% | -2,358.96% |
| Profit Margin | -805.90% | -97.66% | -63.04% | -8.74% | -16.66% | -2,649.62% |
| Free Cash Flow Margin | -519.72% | -29.26% | -38.40% | -4.08% | -49.07% | -2,354.71% |
| EBITDA | -7.90M | -8.06M | -6.73M | -803.24K | -1.32M | |
| EBITDA Margin | -64.50% | -28.80% | -1.58% | -8.08% | ||
| D&A For EBITDA | 1.13M | 1.19M | 793.45K | 564.64K | 165.13K | |
| EBIT | -9.02M | -9.25M | -7.52M | -1.37M | -1.48M | -1.44M |
| EBIT Margin | -74.04% | -32.20% | -2.70% | -9.10% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 7.23M | 35.37K | 385.12K | 326.82K | 572.20K | 993.13K |
| Cash & Short-Term Investments | 7.23M | 35.37K | 385.12K | 326.82K | 572.20K | 993.13K |
| Receivables | 4.69K | 1.12M | 3.52M | 4.24M | ||
| Inventory | 1.51M | 678.37K | 3.15M | 2.44M | 3.44M | 96.29K |
| Prepaid Expenses | 1.70M | 609.26K | 339.12K | 114.39K | 269.50K | 7.64K |
| Total Current Assets | 10.43M | 1.33M | 5.00M | 6.40M | 8.52M | 1.10M |
| Property, Plant & Equipment | 13.92M | 13.91M | 15.81M | 14.22M | 13.30M | 2.79M |
| Goodwill | 3.21M | 3.21M | 3.21M | 3.21M | 3.21M | |
| Other Long-Term Assets | 768.93K | 770.34K | 2.93M | 4.35M | 782.37K | 774.60K |
| Total Assets | 28.33M | 19.21M | 26.95M | 28.18M | 25.81M | 4.66M |
| Accounts Payable | 2.67M | 2.67M | 2.78M | 4.75M | 5.23M | 95.50K |
| Accrued Expenses | 1.49M | 1.88M | 1.27M | 150.34K | 717.71K | 540.07K |
| Short-Term Debt | 1.61M | 1.45M | 1.26M | 3.06M | ||
| Current Portion of Long-Term Debt | 7.97M | 8.99M | 6.58M | 4.84M | 3.17M | 938.45K |
| Current Portion of Leases | 23.37K | 36.28K | 54.54K | 69.78K | ||
| Other Current Liabilities | 272.37K | 97.49K | 459.07K | |||
| Total Current Liabilities | 14.04M | 15.12M | 12.40M | 12.87M | 9.11M | 1.57M |
| Long-Term Debt | 2.47M | 907.08K | 2.00M | 2.10M | 133.51K | 603.45K |
| Long-Term Leases | 56.20K | 1.05M | 116.25K | |||
| Long-Term Deferred Tax Liabilities | 187.86K | |||||
| Total Liabilities | 16.57M | 16.03M | 15.45M | 15.09M | 9.44M | 2.18M |
| Common Stock | 3.51K | 2.59K | 1.90K | 1.63K | 1.62K | 3.41K |
| Additional Paid-In Capital | 54.51M | 39.56M | 35.67M | 22.53M | 21.36M | 4.65M |
| Retained Earnings | -42.54M | -36.17M | -23.97M | -9.24M | -4.80M | -2.09M |
| Comprehensive Income & Other | -212.79K | -212.79K | -209.71K | -201.50K | -177.32K | -79.09K |
| Total Common Equity | 11.76M | 3.19M | 11.50M | 13.09M | 16.38M | 2.49M |
| Shareholders' Equity | 11.76M | 3.19M | 11.50M | 13.09M | 16.38M | 2.49M |
| Total Liabilities & Equity | 28.33M | 19.21M | 26.95M | 28.18M | 25.81M | 4.66M |
| Total Debt | 12.14M | 11.38M | 10.94M | 10.18M | 3.30M | 1.54M |
| Net Cash (Debt) | -4.91M | -11.35M | -10.56M | -9.86M | -2.73M | -548.77K |
| Net Cash Per Share | -1.33 | -4.10 | -4.44 | -4.83 | -1.35 | -0.39 |
| Filing Date Shares Outstanding | 8.83M | 3.76M | 2.50M | 2.04M | 2.03M | 1.42M |
| Total Common Shares Outstanding | 8.78M | 3.23M | 2.38M | 2.04M | 2.03M | 1.42M |
| Working Capital | -3.60M | -13.79M | -7.40M | -6.48M | -593.78K | -476.96K |
| Book Value Per Share | 1.34 | 0.99 | 4.83 | 6.41 | 8.07 | 1.75 |
| Tangible Book Value | 8.55M | -22.04K | 8.29M | 9.88M | 13.17M | 2.49M |
| Tangible Book Value Per Share | 0.97 | -0.01 | 3.49 | 4.84 | 6.49 | 1.75 |
| Buildings | 1.57M | 1.57M | 1.57M | 1.57M | 1.57M | |
| Machinery | 6.12M | 6.20M | 6.10M | 5.44M | 4.41M | 344.08K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -13.03M | -12.20M | -14.73M | -4.44M | -2.71M | -1.61M |
| Depreciation & Amortization | 1.19M | 1.27M | 884.44K | 602.56K | 165.13K | |
| Other Amortization | 1.47M | 1.47M | 4.47M | 2.57M | 18.18K | |
| Loss (Gain) From Sale of Assets | 2.27K | -1.65K | 25.07K | -564.81K | ||
| Stock-Based Compensation | 1.04M | 659.13K | 632.21K | 634.78K | 209.13K | |
| Other Operating Activities | 339.28K | -257.70K | 700.38K | 205.43K | ||
| Change in Accounts Receivable | 622.52K | 1.12M | 2.39M | 719.60K | -56.50K | 29.17K |
| Change in Inventory | 492.82K | 2.47M | -712.05K | 1.00M | -225.41K | |
| Change in Accounts Payable | 486.78K | 2.35M | -857.80K | -1.04M | 1.23M | 89.83K |
| Change in Other Net Operating Assets | -580.59K | -162.60K | -294.51K | 118.66K | -247.75K | 139.25K |
| Operating Cash Flow | -7.96M | -3.27M | -7.49M | -376.06K | -2.72M | -1.34M |
| Capital Expenditures | -446.98K | -382.12K | -1.48M | -1.69M | -5.28M | -96.84K |
| Sale of Property, Plant & Equipment | 14.06K | 961.40K | ||||
| Cash Acquisitions | -4.00M | |||||
| Investing Cash Flow | -446.98K | -368.06K | -1.48M | -731.94K | -9.27M | -96.84K |
| Short-Term Debt Issued | 10.28M | 36.65M | 61.50M | |||
| Long-Term Debt Issued | 3.03M | 19.48M | 17.72M | 397.20K | ||
| Total Debt Issued | 5.50M | 13.31M | 56.13M | 79.22M | 397.20K | |
| Short-Term Debt Repaid | -10.09M | -38.45M | -58.44M | |||
| Long-Term Debt Repaid | -2.00M | -19.61M | -16.49M | -4.45M | -1.33M | |
| Total Debt Repaid | -2.53M | -12.09M | -58.06M | -74.93M | -4.45M | -1.33M |
| Net Debt Issued (Repaid) | 2.97M | 1.22M | -1.93M | 4.29M | -4.45M | -937.51K |
| Issuance of Common Stock | 13.91M | 374.00 | 11.34M | 28.74K | 16.13M | 3.24M |
| Other Financing Activities | -1.45M | -85.47K | -2.10M | -474.68K | ||
| Financing Cash Flow | 15.43M | 1.13M | 7.62M | 4.46M | 11.68M | 2.30M |
| Foreign Exchange Rate Adjustments | -1.41K | -3.08K | -8.20K | -24.18K | -98.23K | -117.00 |
| Net Cash Flow | 7.02M | -2.51M | -1.37M | 3.33M | -413.16K | 868.66K |
| Free Cash Flow | -8.40M | -3.65M | -8.97M | -2.07M | -7.99M | -1.43M |
| Free Cash Flow Margin | -519.72% | -29.26% | -38.40% | -4.08% | -49.07% | -2,354.71% |
| Free Cash Flow Per Share | -2.27 | -1.32 | -3.77 | -1.01 | -3.94 | -1.01 |
| Levered Free Cash Flow | -4.39M | -1.28M | -3.22M | -178.86K | -9.80M | 194.97K |
| Unlevered Free Cash Flow | -4.20M | -774.29K | -3.61M | -472.69K | -8.36M | 307.71K |
| Cash Interest Paid | 87.78K | 715.45K | 6.52M | 3.53M | 2.30M | 209.47K |
| Cash Income Tax Paid | 5.79K | 25.10K | 85.00 | 32.47K | ||
| Change in Working Capital | 1.02M | 5.78M | 529.20K | 613.93K | -376.25K | 258.24K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 19.70M | 5.71M | 21.62M | |||
| Enterprise Value | 24.61M | 15.97M | 34.00M | |||
| Last Close Price | 2.23 | 1.79 | 9.20 | |||
| PS Ratio | 12.18 | 0.46 | 0.93 | |||
| PB Ratio | 1.67 | 1.79 | 1.88 | |||
| P/TBV Ratio | 2.30 | 2.61 | ||||
| EV/Sales Ratio | 15.22 | 1.28 | 1.46 | |||
| Debt / Equity Ratio | 1.03 | 3.57 | 0.95 | 0.78 | 0.20 | 0.62 |
| Net Debt / Equity Ratio | 0.42 | 3.56 | 0.92 | 0.75 | 0.17 | 0.22 |
| Net Debt / EBITDA Ratio | -0.62 | -1.41 | -1.57 | -12.27 | -2.07 | |
| Net Debt / FCF Ratio | -0.58 | -3.10 | -1.18 | -4.76 | -0.34 | -0.38 |
| Asset Turnover | 0.06 | 0.54 | 0.85 | 1.88 | 1.07 | 0.01 |
| Inventory Turnover | 2.82 | 8.15 | 8.86 | 16.46 | 7.20 | 6.52 |
| Quick Ratio | 0.52 | 0.00 | 0.12 | 0.30 | 0.53 | 0.63 |
| Current Ratio | 0.74 | 0.09 | 0.40 | 0.50 | 0.94 | 0.70 |
| Return on Equity (ROE) | -132.79% | -166.13% | -119.81% | -30.11% | -28.78% | -99.59% |
| Return on Assets (ROA) | -22.06% | -25.04% | -17.06% | -3.17% | -6.08% | -21.59% |
| Return on Capital Employed (ROCE) | -63.10% | -225.90% | -51.70% | -8.90% | -8.90% | -46.50% |
| Earnings Yield | -158.08% | -213.65% | -68.12% | |||
| FCF Yield | -42.66% | -64.01% | -41.50% | |||
| Buyback Yield / Dilution | -40.66% | -16.33% | -16.57% | -0.61% | -42.76% | -26.79% |