Indonesia Energy Corporation Limited is an oil and gas exploration and production company operating within Indonesia. Its assets include a stake in ...
Indonesia Energy Corporation Limited (INDO) is an independent energy company engaged in oil and gas exploration and production with operations primarily in Indonesia. The company’s portfolio includes producing and exploration assets that are geographically concentrated within Indonesia, supporting a strategy centered on identifying, developing, and monetizing hydrocarbon reserves. A key ...Indonesia Energy Corporation Limited (INDO) is an independent energy company engaged in oil and gas exploration and production with operations primarily in Indonesia. The company’s portfolio includes producing and exploration assets that are geographically concentrated within Indonesia, supporting a strategy centered on identifying, developing, and monetizing hydrocarbon reserves.
A key producing asset referenced in its company description is the Kruh Block, located northwest of Pendopo, Pali in South Sumatra. This block covers approximately 258 square kilometers and includes proven net crude oil reserves (reported as 1.52 million barrels of proven net crude oil reserves). Alongside this, the company holds an interest in the Citarum Block, an onshore exploration area in West Java spanning 3,924.67 square kilometers. Together, these assets indicate a mix of near-term production potential (Kruh) and longer-horizon exploration and appraisal activity (Citarum), which can influence development timelines and capital requirements.
Corporately, the company is described as operating as a subsidiary of Maderic Holding Limited, and it was established/incorporated in 2018, with headquarters in Jakarta, Indonesia. Leadership is centered on Dr. Wirawan Jusuf, who is described as a co-founder and Chairman & Chief Executive Officer, reflecting founder-led governance.
From a market/financial snapshot perspective (as provided), INDO trades with a relatively small market capitalization (tens of millions of USD) and has displayed profitability pressures in trailing metrics (e.g., negative return on assets and negative operating/net profit margins in the provided dataset). The same snapshot includes valuation and balance-sheet indicators such as a current ratio above 5, suggesting liquidity strength in the near term, while several cash-flow and margin-related fields were reported as zero or negative, consistent with challenging earnings performance during the measured period.
Operationally, the company employs a relatively small workforce (39 full-time employees), which is typical for early-stage or asset-concentrated upstream operators, where activities may be supported by contractors and field/service partners.
Overall, INDO’s business model is oriented around upstream hydrocarbon value creation: securing and developing reserves, executing production operations, and advancing exploration work to expand the resource base. The company’s results and future trajectory are likely to depend on successful field development at producing assets, progress in exploration on additional acreage, commodity price conditions, and effective management of operating and capital expenditures.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$2.0M
-24.6%
-11.8%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-5.1M
+19.6%
+19.5%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
-55.9%
-95.5%
+20.2%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-268.3%
-20.7%
+4.4%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-253.4%
-6.6%
+8.7%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-5.5M
-77.5%
+16.7%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-272.3%
-135.3%
+5.5%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
4.2%
-12.5%
+30.7%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
5.13x
+61.6%
-19.3%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.