AIM:MATD · Energy · AIM-listed oil and gas exploration and production company (Mongolia), with a renewable energy joint venture

Petro Matad Limited

Petro Matad Limited is an Isle of Man-incorporated, AIM-listed oil and gas exploration and production company whose principal assets are Production Sharing Contracts (PSCs) on Blocks XX and VII in Mongolia. The Group began commercial oil production from the Heron-1 and Gazelle-1 wells on Block XX in late 2024/2025, selling crude to PetroChina Daqing Tamsag Mongolia XIX Co., Ltd under an entrustment and sales agreement. It also holds a 50% equity-accounted interest in Sunsteppe Renewable Energy Pte Ltd (SRE), a joint venture pursuing solar, wind and battery storage projects in Mongolia.

Export the Petro Matad Limited factsheetfree account Open the FY2025 report

Share price and financials

No price history · 11 reported years, FY2015–FY2025

No daily prices have been collected for this company.

Line	FY2015locked	FY2016locked	FY2017locked	FY2018locked	FY2019locked	FY2020locked	FY2021locked	FY2022locked	FY202512/25
Revenue	1.3	1.6	1.7	0.66	1.3	1.6	1.7	1.7
Gross profit	0.19	0.27	0.22	0.27	0.25	0.29	0.21	0.16	—
Operating profit	(7.7)	(8.1)	(5.1)	(4.4)	(7.2)	(7.6)	(8.2)	(6.8)
Net finance cost	(0.13)	(0.18)	(0.15)	(0.08)	(0.14)	(0.15)	(0.18)	(0.20)
Profit before tax	(8.5)	(5.2)	(5.7)	(4.2)	(5.8)	(4.5)	(8.2)	(6.9)
Tax charge	0	0	0	0	0	0	0	0
Profit for the year	(7.1)	(8.2)	(7.9)	(5.8)	(9.3)	(6.5)	(5.1)	(4.7)
EBITDA	(3.9)	(6.7)	(4.4)	(3.4)	(8.5)	(7.1)	(7.4)	(6.5)
Basic EPS	(0.38c)	(0.35c)	(0.32c)	(0.57c)	(0.45c)	(0.70c)	(0.50c)	(0.51c)
Diluted EPS	(0.52c)	(0.72c)	(0.50c)	(0.75c)	(0.57c)	(0.33c)	(0.41c)	(0.60c)
Dividend per share	0.00c	0.00c	0.00c	0.00c	0.00c	0.00c	0.00c	0.00c	—

USD millions, negatives in brackets. Per-share lines in cents. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated.

2 figures

3 years, at a glance

USD · %

Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.

FY2025Revenue$2.9mOperating margin−114.0%