TSXV:ALVOil and Gas
Do Alvopetro's (TSXV:ALV) Shifting Profits Reveal a Change in Core Business Strength?
Alvopetro Energy Ltd. has released its third quarter and nine-month results for the period ended September 30, 2025, showing quarterly revenue of US$14.06 million versus US$12.97 million a year earlier, while net income declined to US$4.61 million from US$7.15 million year over year.
Despite the decline in quarterly net income, the company’s year-to-date figures reveal both increased revenue and higher net income compared to the previous year.
We’ll examine how higher year-to-date revenues...