Formation Metals Inc. (CSE:FOMO)

Formation Metals Income Statement

Financials in millions CAD. Fiscal year is April - March.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023
Selling, General & Admin	1.59	0.36	0.11	0.12
Operating Expenses	4.4	3.02	0.11	0.12
Operating Income	-4.4	-3.02	-0.11	-0.12
Interest & Investment Income	0.17	0.02	0.01	-
Other Non Operating Income (Expenses)	-3.23	-0.14	-0.04	-
EBT Excluding Unusual Items	-7.46	-3.13	-0.14	-0.12
Gain (Loss) on Sale of Investments	0.11	-	-	-
Pretax Income	-7.35	-3.13	-0.14	-0.12
Net Income	-7.35	-3.13	-0.14	-0.12
Net Income to Common	-7.35	-3.13	-0.14	-0.12
Net Income Growth	-	-	-	-
Shares Outstanding (Basic)	72	31	17	-
Shares Outstanding (Diluted)	72	31	17	-
Shares Change	129.66%	85.95%	-	-
EPS (Basic)	-0.10	-0.10	-0.01	-
EPS (Diluted)	-0.10	-0.10	-0.01	-
EPS Growth	-	-	-	-

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023
Free Cash Flow	-11.01	-1.15	-0.14	0
Free Cash Flow Per Share	-0.15	-0.04	-0.01	-
EBIT	-4.4	-3.02	-0.11	-0.12

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 7, 2026

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