ALTX on OTC

ALTEX INDUSTRIES INC

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Last updated Oct 16, 2026.

Overview

$18.0KRevenue, fiscal 2025²

-$192.0KNet income, fiscal 2025²

From the company’s reports to the SEC. Every number links to the filing it came from.

-1066.7%Net margin²

-21.7%Revenue growth, 2025²

-14.3%Return on equity²

Other costs

Out of $18.0K in revenue.² The company lost money this year.

Revenue⁴⁵⁶⁷⁸²$18.0K in 2025−72% since 2018

Net income⁴⁵⁶⁹⁷⁸²-$192.0K in 2025+163% since 2018

Every line of the income statement in the latest annual report, as filed.²

Period ending	2025-09-30	2024-09-30
Oil and gas sales	$18.0K	$23.0K
Total revenue	$18.0K	$23.0K
Production taxes	$2.0K	$3.0K
General and administrative	$320.0K	$233.0K
Depreciation, Depletion and Amortization	$3.0K	$4.0K
Total operating expense	$325.0K	$240.0K
Gain on sale of assets	$0	$525.0K
Interest income	$115.0K	$128.0K
Other income	$0	$1.0K
Total other income	$115.0K	$654.0K
Net income (loss)	-$192.0K	$437.0K
Basic and diluted income (loss) per share	-$0.02	$0.04
Basic and diluted weighted average shares outstanding	11.2M shares	11.3M shares

Total assets⁴⁵⁶⁹⁷⁸²$2.7M in 2025+15% since 2018

Total liabilities⁵⁶⁹⁷⁸²$1.4M in 2025+29% since 2019

Shareholders’ equity⁵⁶⁹⁷⁸²$1.3M in 2025+3% since 2018

Cash⁵⁶⁹⁷⁸²$2.5M in 2025+12% since 2018

Every line of the balance sheet in the latest annual report, as filed.²

Period ending	2025-09-30	2024-09-30	2023-09-30
Cash and cash equivalents	$2.5M	$2.7M
Accounts receivable	$1.0K	$3.0K
Other	$22.0K	$21.0K
Total current assets	$2.6M	$2.7M
Proved oil and gas properties (successful efforts method)	$300.0K	$311.0K
Less accumulated depreciation, depletion, and amortization	-$277.0K	-$285.0K
Net property and equipment	$23.0K	$26.0K
Right-of-Use Asset	$154.0K	$20.0K
Total assets	$2.7M	$2.7M
Accounts payable	$7.0K	$5.0K
Operating lease liability	$26.0K	$21.0K
Accrued expenses, related party	$1.2M	$1.1M
Other accrued expenses	$8.0K	$13.0K
Total current liabilities	$1.3M	$1.2M
Long-term operating lease liability	$127.0K	$0
Total liabilities	$1.4M	$1.2M
Commitments and Contingencies	$0	$0
Preferred stock	$0	$0
Common stock	$113.0K	$113.0K
Additional paid-in capital	$13.7M	$13.7M
Accumulated deficit	-$12.5M	-$12.3M
Total stockholders’ equity	$1.3M	$1.5M	$1.1M
Total liabilities and stockholders' equity	$2.7M	$2.7M
Preferred Stock, Par or Stated Value Per Share	$0.01	$0.01
Preferred Stock, Shares Authorized	5.0M shares	5.0M shares
Preferred Stock, Shares Issued	0 shares	0 shares
Common Stock, Par or Stated Value Per Share	$0.01	$0.01
Common Stock, Shares Authorized	50.0M shares	50.0M shares
Common Stock, Shares, Issued	11.2M shares	11.2M shares
Common Stock, Shares, Outstanding	11.2M shares	11.2M shares

Cash from operations⁹⁷⁸²-$99.0K in 2025+16% since 2021

Share buybacks⁴⁵⁶⁹⁷⁸²$12.0K in 2025−40% since 2018

Every line of the cash flow in the latest annual report, as filed.²

Period ending	2025-09-30	2024-09-30
Net income (loss)	-$192.0K	$437.0K
Gain on sale of assets	$0	-$525.0K
Depreciation, Depletion and Amortization	$3.0K	$4.0K
Decrease in accounts receivable	$2.0K	$1.0K
(Increase) decrease in other assets	-$1.0K	$1.0K
Increase in accounts payable	$2.0K	$1.0K
Increase in other accrued expenses	$89.0K	$3.0K
Operating lease	-$2.0K	$0
Net cash used in operating activities	-$99.0K	-$78.0K
Proceeds from sale of assets	$0	$525.0K
Net cash provided by investing activities	$0	$525.0K
Acquisition of treasury stock	-$12.0K	-$23.0K
Net cash used in financing activities	-$12.0K	-$23.0K
Net increase (decrease) in cash and cash equivalents	-$111.0K	$424.0K
Retirement of treasury stock	$12.0K	$23.0K
Recognition of right-of-use asset and operating lease liability	$166.0K	$0

The numbers on this page point here. Each one links to the record it came from.