Permian Basin Realty | 10-Q: FY2025 Q3 Revenue: USD 7.274 M

Revenue: As of FY2025 Q3, the actual value is USD 7.274 M.

EPS: As of FY2025 Q3, the actual value is USD 0.15.

EBIT: As of FY2025 Q3, the actual value is USD 6.847 M.

Segment Revenue

• Royalty Income: For the three months ended September 30, 2025, royalty income was $7,258,464, including a $4.5 million partial settlement payment from Blackbeard, compared to $8,366,375 for the same period in 2024.
• Interest Income: Interest income for the quarter ended September 30, 2025 was $15,049, compared to $54,534 during the third quarter of 2024.

Operational Metrics

• Distributable Income: For the three months ended September 30, 2025, distributable income was $6,861,887 or $0.15 per Unit, compared to $8,053,284 or $0.17 per Unit for the same period in 2024.
• General and Administrative Expenditures: Total expenses during the third quarter of 2025 amounted to $411,626 compared to $367,625 during the third quarter of 2024.

Cash Flow

• Distributions: Distributions of $0.015311, $0.016418, and $0.115493 per Unit were made to Unitholders of record as of July 31, 2025, August 29, 2025, and September 30, 2025, respectively.

Unique Metrics

• Excess Costs: Cumulative excess costs remaining at September 30, 2025 were $43,549,283, with accrued interest of $2,049,458, totaling $45,598,741 to be recovered.

Future Outlook and Strategy

• Core Business Focus: The Trust’s income and monthly distributions are heavily influenced by commodity prices, which are subject to fluctuations due to geopolitical conditions, economic factors, and other variables beyond the Trustee’s control.
• Non-Core Business: The Trust entered into a settlement agreement with Blackbeard, resulting in a $9,000,000 payment to the Trust, with $4,500,000 paid in September 2025 and the remainder to be paid in quarterly installments during 2026.