Home / Going-concern warnings / Royale Energy, Inc.
Filed 2025-04-09 路 Form 10-K 路 Accession 0001185185-25-000271 nano
Price before filing: $0.041 (2025-04-08 close, split/dividend-adjusted)
Market cap at flag: $4.3M (2025-04-09) 路 Latest: $7.7M (2026-10-16)
| Window | ROYL | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -2.4% | +13.7% | -16.1% | 2025-05-09 |
| 90 days | -8.5% | +25.3% | -33.9% | 2025-07-08 |
| 180 days | -1.3% | +36.1% | -37.4% | 2025-10-06 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
"This raises substantial doubt about the Company's ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-K (period 2024-12-31)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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