Fathom Nickel Inc. (CSE:FNI)

Fathom Nickel Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1.31	0.01	0.31	3.3	2.96	8.09
Short-Term Investments	1.52	0.22	0.36	0.45	0.21	0.2
Cash & Short-Term Investments	2.83	0.23	0.67	3.75	3.16	8.28
Cash Growth	532.62%	-65.88%	-82.09%	18.46%	-61.81%	57947.04%
Other Receivables	0.58	0.5	0.41	0.35	0.53	0.31
Receivables	0.58	0.5	0.41	0.35	0.53	0.31
Total Current Assets	3.4	0.73	1.08	4.09	3.69	8.59
Property, Plant & Equipment	19.16	18.47	17.73	14.21	10.48	5.8
Total Assets	22.57	19.2	18.81	18.3	14.17	14.39

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	0.1	0.43	0.51	0.1	0.12	0.24
Current Portion of Leases	-	-	-	-	0.06	0.01
Current Unearned Revenue	-	-	0.04	0.46	0.27	1
Other Current Liabilities	-	-	0.07	0.13	-	-
Total Current Liabilities	0.1	0.43	0.62	0.7	0.45	1.25
Long-Term Leases	-	-	-	-	0.21	0.26
Total Liabilities	0.1	0.43	0.62	0.7	0.66	1.51

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	30.49	26.57	25.16	23.75	18.13	17
Additional Paid-In Capital	2.72	2.71	2.61	2.43	1.88	1.24
Retained Earnings	-10.74	-10.52	-9.57	-8.57	-6.51	-5.37
Shareholders' Equity	22.47	18.77	18.19	17.61	13.5	12.88
Total Liabilities & Equity	22.57	19.2	18.81	18.3	14.17	14.39

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	-	-	-	-	0.27	0.27
Net Cash (Debt)	2.83	0.23	0.67	3.75	2.89	8.01
Net Cash Growth	532.62%	-65.88%	-82.09%	29.49%	-63.87%	65131.28%
Net Cash Per Share	0.01	0.00	0.00	0.04	0.05	0.21
Filing Date Shares Outstanding	301.81	301.81	186.89	140.34	84.87	55.31
Total Common Shares Outstanding	301.81	201.34	150.99	129.53	82.87	55.31
Working Capital	3.31	0.3	0.46	3.39	3.24	7.35
Book Value Per Share	0.07	0.09	0.12	0.14	0.16	0.23
Tangible Book Value	22.47	18.77	18.19	17.61	13.5	12.88
Tangible Book Value Per Share	0.07	0.09	0.12	0.14	0.16	0.23

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 29, 2026

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