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Altex Industries (Altex Industries) Revenue : $0.02 Mil (TTM As of Mar. 2024)


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What is Altex Industries Revenue?

Altex Industries's revenue for the three months ended in Mar. 2024 was $0.01 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $0.02 Mil. Altex Industries's Revenue per Share for the three months ended in Mar. 2024 was $0.00. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $0.00.

Warning Sign:

Altex Industries Inc revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Altex Industries was 33.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was -10.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was -7.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Altex Industries's highest 3-Year average Revenue per Share Growth Rate was 91.30% per year. The lowest was -73.40% per year. And the median was -14.50% per year.


Altex Industries Revenue Historical Data

The historical data trend for Altex Industries's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Altex Industries Revenue Chart

Altex Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.03 0.04 0.04 0.03

Altex Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Altex Industries's Revenue

For the Oil & Gas E&P subindustry, Altex Industries's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Altex Industries's Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Altex Industries's Revenue distribution charts can be found below:

* The bar in red indicates where Altex Industries's Revenue falls into.



Altex Industries Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.02 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Altex Industries  (OTCPK:ALTX) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Altex Industries Revenue Related Terms

Thank you for viewing the detailed overview of Altex Industries's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Altex Industries (Altex Industries) Business Description

Traded in Other Exchanges
N/A
Address
700 Colorado Boulevard, Suite 273, Denver, CO, USA, 80206-4084
Altex Industries Inc is a US-based holding company. Through its wholly-owned subsidiary, it owns interests in productive onshore oil and gas properties, has bought and sold producing oil and gas properties, and has participated in the drilling of exploratory and development wells, and completion of existing wells in Utah and Wyoming. The Company's revenue is from sales of oil and gas production, interest income, and, occasionally, bonus payments for mineral leases.
Executives
Jeffrey S Chernow director PO BOX 1057, BRECKENRIDGE CO 80424
Stephen Fante director PO BOX 1057, BRECKENRIDGE CO 80424

Altex Industries (Altex Industries) Headlines

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