Leopard Energy Revenue Drops 39% to $2,089 in First Half of Fiscal 2026

Leopard Energy, Inc., a Nevada-incorporated energy company, reported revenue of $2,089 for the six months ending January 31, 2026, down 39% from $3,419 in the year-earlier period. The company operates as a non-accelerated filer with small business status. Read more earnings reports.

For the three months ending January 31, 2026, revenue totaled $936, compared to $1,496 in the same quarter a year earlier, a decline of 37%.

Loss Narrows Despite Revenue Decline

The company posted a net loss of $6,424 for the six-month period, an 81% improvement from the $33,303 loss reported in the first half of fiscal 2025. The operating loss for the period was $6,244, compared to an operating loss of $33,170 a year earlier.

Operating expenses fell sharply to $8,333 for the six months ending January 31, 2026, down 77% from $36,589 in the prior-year period. General and administrative expenses accounted for the entirety of operating costs at $8,333.

For the most recent quarter ending January 31, 2026, Leopard Energy reported a net loss of $4,071, compared to a loss of $24,255 in the year-earlier quarter. Operating expenses for the quarter were $4,917, down 81% from $25,681 a year earlier.

Cash Position and Capital Structure

Cash and restricted cash stood at $14,027 as of January 31, 2026, up from $12,118 at the end of fiscal year 2025 on July 31, 2025. Total assets were $53,307 as of the latest reporting date, compared to $51,398 six months earlier.

The company carried total liabilities of $113,765 as of January 31, 2026, down from $134,932 at fiscal year-end. Stockholders' deficit narrowed to $60,458 from $83,534, reflecting a reduction in accumulated losses.

Cash used in operations totaled $27,591 for the six months ending January 31, 2026, an improvement from $40,729 in the year-earlier period. Cash from financing activities provided $29,500 during the period, compared to $44,015 a year earlier.

The company reported basic and diluted loss per share of $0.01 for the six-month period, compared to $0.03 in the first half of fiscal 2025. Shares outstanding remained unchanged at 1,272,917.

Financial Summary