PEDEVCO FY25 net loss widens to $10.4 million; revenue rises 16% to $45.8 million

Reuters04-01

PEDEVCO FY25 net loss widens to $10.4 million; revenue rises 16% to $45.8 million

PEDEVCO posted a net loss of USD 10.4 million, compared with net income of USD 12.3 million.
Revenue rose 16% to USD 46 million on higher sales volumes from October 2025 mergers.
Adjusted EBITDA increased to USD 27 million from USD 22.9 million.
Production climbed 36% to 910,068 Boe, while proved reserves expanded to 32.1 MMBoe from 18.1 MMBoe.
2026 net capital spending is forecast at USD 16 million to USD 20 million, with about 90% allocated to D-J Basin assets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PEDEVCO Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001654954-26-003098), on March 31, 2026, and is solely responsible for the information contained therein.

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