Indonesia Energy Corporation Limited(INDO)Earnings, Financials & Key Ratios
INDO•AMEX
$2.79
Price updated Jul 6, 2026
AboutIndonesia Energy Corporation Limited operates as an oil and gas exploration and production company in Indonesia. It holds interests in the Kruh Block, a producing block covering an area of 258 square kilometers with net crude oil proved reserves of 1.52 million barrels located to the northwest of Pendopo, Pali, South Sumatra; and the Citarum Block, an exploration block covering an area of 3,924.67 square kilometers located onshore in West Java. The company was incorporated in 2018 and is headquartered in Jakarta, Indonesia. Indonesia Energy Corporation Limited is a subsidiary of Maderic Holding Limited.Show more
- Revenue$2M-24.6%
- EBITDA-$4M+6.0%
- Net Income-$5M+19.6%
- EPS (Diluted)-0.34+45.2%
- Gross Margin-55.89%-95.5%
- EBITDA Margin-208.82%-24.6%
- Operating Margin-268.35%-20.7%
- Net Margin-253.4%-6.6%
- ROE-26.95%+30.2%
INDO Price & Volume
Indonesia Energy Corporation Limited (INDO) stock price & volume — 10-year historical chart
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Persistent Operational Losses Undermine Asset Value Growth
Investment Thesis • Updated 2024Q4
VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Persistent negative operating margins
Key Thesis Takeaways
- Indonesia Energy Corporation faces a challenging fundamental outlook characterized by a structural inability to achieve consistent profitability, as evidenced by a 2024Q4 net loss of $4.2 million.
- The company's reliance on capital-intensive exploration, with a 2024Q4 CapEx/Revenue ratio of 150.1%, suggests that current production levels are insufficient to cover operational overhead.
- Investors should monitor the company's ability to manage its $45.9 million retained earnings deficit, as the current business model appears to require ongoing external financing to sustain operations.
Verdict Logic
the company's inability to generate positive operating cash flow, highlighted by a 2024Q4 OCF/NI ratio of 0.56, suggests that the current exploration-heavy business model is not yet economically viable.
INDO Growth Metrics
Indonesia Energy Corporation Limited (INDO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years0.32%
3 Years-21.1%
TTM35.28%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-66.52%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-29.92%
Return on Capital
10 Years-28.93%
5 Years-32.78%
3 Years-26.24%
Last Year-26.15%
Peers Comparison
Key metrics vs top competitors for Indonesia Energy Corporation Limited (INDO)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $2.79 | $42.93M | -8.21 | -24.55% | -253.4% | -26.95% | — | |
| $3.84 | $4.82M | -26.61 | — | — | -1.45% | — | |
| $2.16 | $79.74M | -0.30 | -29.45% | -2844.57% | -65.55% | — | |
| $4.86 | $182.69M | 3.77 | 9.17% | 34.99% | 13.38% | — | |
| $3.79 | $5.83M | -0.07 | -74.5% | -286.76% | -44.35% | — | |
| $27.38 | $2.34B | 3.24 | 49.76% | 13.56% | 9.55% | — |
Compare INDO vs Peers
Indonesia Energy Corporation Limited (INDO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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INDO Frequently Asked Questions
Indonesia Energy Corporation Limited (INDO) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Indonesia Energy Corporation Limited's revenue?
Indonesia Energy Corporation Limited (INDO) reported $4.4M in revenue for fiscal year 2025. This represents a 81% increase from $2.4M in 2016.
How fast is Indonesia Energy Corporation Limited growing?
Indonesia Energy Corporation Limited (INDO) saw revenue decline by 24.6% over the past year.
Is INDO profitable?
Indonesia Energy Corporation Limited (INDO) reported a net loss of $7.7M for fiscal year 2025.
Dividend & Returns
What is INDO's return on equity?
Indonesia Energy Corporation Limited (INDO) has a return on equity (ROE) of -26.9%. Negative ROE indicates the company is unprofitable.
What is Indonesia Energy Corporation Limited's free cash flow?
Indonesia Energy Corporation Limited (INDO) had negative free cash flow of $6.5M in fiscal year 2025, likely due to heavy capital investments.