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American Biofuels Inc. (V:ABS.H)

Business Focus: Oil & Gas Exploration and Production (NEC)

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
Company Contact
Address: 303 - 595 Howe Street
VANCOUVER BC V6C 2T5
Tel: N/A
Website: N/A
IR: N/A
Key People
Ronald E. Hughes
Chief Executive Officer, Director
Teresa Cherry
Chief Financial Officer, Company Secretary
 
Business Overview
American Biofuels Inc. is a Canada-based company. The Company conducts all of its operations in the United States and Canada. The Company operates through one segment: the acquisition, exploration and development of oil and gas properties including biofuel resources. Its wholly owned subsidiary is 1205742 B.C. Ltd.
Financial Overview
For the nine months ended 31 January 2024, American Biofuels Inc revenues was not reported. Net loss increased 5% to C$257K. Higher net loss reflects Oil and natural gas segment loss increase from C$97K to C$257K. Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.02 to -C$0.03.
Reporting Currency: Canadian Dollars
Enterprise value: $23.69M as of Jan 31, 2024
Annual revenue (TTM): $0.00M as of Jan 31, 2024
EBITDA (TTM): -$0.12M as of Jan 31, 2024
Net annual income (TTM): -$0.34M as of Jan 31, 2024
Free cash flow (TTM): -$0.00M as of Jan 31, 2024
Net Debt Last Fiscal Year: $2.87M as of Jan 31, 2024
Shares outstanding: 9,866,224 as of Jan 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization