Leopard Energy Reports Reduced Net Loss and Revenue Decline for Six Months Ending January 31, 2026

Leopard Energy, Inc. reported its financial results for the six months ending January 31, 2026, revealing a net loss of $6,424, a significant reduction from the $33,303 loss recorded during the same period in the previous year. The company generated revenues of $2,089, down from $3,419 in the prior year, primarily from a royalty interest acquired in January 2024. The decrease in revenue reflects the ongoing challenges in scaling operations following the company's strategic shift from mobile applications to the energy sector.

Total operating expenses for the first half of fiscal 2026 were $8,333, a notable decrease from $36,589 in the same period last year. This reduction is largely attributed to a decrease in general and administrative expenses, which have been primarily covered by the company's controlling stockholder, Zenith Energy. The company’s accumulated deficit as of January 31, 2026, stood at $11,699,539, with a working capital deficit of $99,738, raising concerns about its ability to continue as a going concern.

In terms of operational developments, Leopard Energy has focused on expanding its presence in the energy sector since its change in control in August 2023. The company acquired a 5% royalty interest in a package of seven producing oil wells in the Eagle Ford Shale, Texas, marking its first foray into U.S. energy production. This acquisition is expected to provide a monthly distribution of revenues, although the company continues to face operational risks associated with the oil production property managed by a third party.

As of January 31, 2026, Leopard Energy reported total assets of $53,307, an increase from $51,398 at the end of the previous fiscal year. Current assets included $14,027 in cash, up from $12,118, while current liabilities decreased to $113,765 from $134,932. The company has not issued any new shares during the reporting period, maintaining a consistent share count of 1,272,917. The management has indicated that additional capital will be necessary to meet long-term operational requirements, with plans to raise funds through equity or debt financing.

Looking ahead, Leopard Energy's management acknowledges the need for ongoing financial support from Zenith Energy, which has already provided approximately $417,508 in capital. The company aims to continue its expansion into the energy sector, focusing on acquiring additional royalty interests and ownership stakes. However, management has expressed uncertainty regarding its ability to secure necessary financing, which could impact its operational viability in the coming months.