CapAllianz Holdings Limited has reported a significant increase in its losses for the financial year 2025, with a loss before tax of $2.7m, compared to $855,000 in FY2024. The company’s net working interest production fell to 24,171 barrels, down from 32,928 barrels the previous year, whilst the average oil price decreased to $74.58 per barrel from $85.63.
The company’s revenue also saw a decline, dropping from $4.1m in FY2024 to $3.4m in FY2025. Gross profit plummeted to $298,000 from $1.6m. Despite these setbacks, CapAllianz Holdings managed to maintain a relatively stable EBITDAX (earnings before interest, taxation, depreciation, amortisation, and exploratory expenses) of $653,000, slightly up from $633,000 in the previous year.
The company’s loss per share increased to 0.019 US cents from 0.006 US cents, reflecting the challenging financial environment. The gearing ratio improved slightly to 6.81% from 8.6%, indicating a reduction in financial leverage. However, the net asset value per share decreased to 0.37 US cents from 0.41 US cents.
The announcement was reviewed by the company’s sponsor, ZICO Capital Pte. Ltd., but has not been examined or approved by the Singapore Exchange Securities Trading Limited. The company continues to navigate a challenging market environment, with future strategies likely focusing on stabilising production and improving financial performance.
“`
