Formation Minerals Income Statement

Financials in millions USD. Fiscal year is May - April.

Millions USD. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Jan '25 Jan 31, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021	Apr '20 Apr 30, 2020	2015 - 2019
Revenue	-0.02	0	0	0.72	0.05	-	Upgrade
Revenue Growth (YoY)	-	-74.06%	-99.39%	1383.92%	-	-	Upgrade
Cost of Revenue	-0.01	-	-	0.08	-	-	Upgrade
Gross Profit	-0.01	0	0	0.64	0.05	-	Upgrade
Selling, General & Admin	1.96	1.15	0.62	1.93	1.04	0.26	Upgrade
Research & Development	0.01	0.01	0.16	-	-	-	Upgrade
Operating Expenses	2.16	1.16	0.78	3.79	3.01	0.26	Upgrade
Operating Income	-2.17	-1.16	-0.77	-3.15	-2.97	-0.26	Upgrade
Interest Expense	-0.1	-0	-0.01	-	-0.37	-0.23	Upgrade
Other Non Operating Income (Expenses)	-0.56	-	-	-0.28	-0.15	-0.79	Upgrade
EBT Excluding Unusual Items	-2.83	-1.16	-0.78	-3.43	-3.48	-1.29	Upgrade
Gain (Loss) on Sale of Assets	0.55	-0.52	-	-	-	-	Upgrade
Other Unusual Items	1.04	-	-	0	0.17	-0.29	Upgrade
Pretax Income	-1.23	-1.68	-0.78	-3.42	-3.32	-1.58	Upgrade
Earnings From Continuing Operations	-1.23	-1.68	-0.78	-3.42	-3.32	-1.58	Upgrade
Minority Interest in Earnings	0	0	0.02	-	-	-	Upgrade
Net Income	-1.23	-1.68	-0.77	-3.42	-3.32	-1.58	Upgrade
Preferred Dividends & Other Adjustments	0.46	-	-	0.02	-	-	Upgrade
Net Income to Common	-1.69	-1.68	-0.77	-3.44	-3.32	-1.58	Upgrade
Shares Outstanding (Basic)	123	56	88	1,139	95	2	Upgrade
Shares Outstanding (Diluted)	123	56	88	1,139	95	2	Upgrade
Shares Change (YoY)	-93.66%	-35.71%	-92.31%	1102.07%	6081.95%	50.60%	Upgrade
EPS (Basic)	-0.01	-0.03	-0.01	-0.00	-0.03	-1.03	Upgrade
EPS (Diluted)	-0.01	-0.03	-0.01	-0.00	-0.03	-1.03	Upgrade
Free Cash Flow	0.2	-0.21	-0.44	-6.83	-3.19	-0.18	Upgrade
Free Cash Flow Per Share	0.00	-0.00	-0.01	-0.01	-0.03	-0.12	Upgrade
Gross Margin	-	100.00%	100.00%	88.25%	100.00%	-	Upgrade
Operating Margin	-	-100895.03%	-17538.60%	-437.52%	-6113.09%	-	Upgrade
Profit Margin	-	-146414.22%	-17343.40%	-478.12%	-6832.23%	-	Upgrade
Free Cash Flow Margin	-	-18041.71%	-9856.80%	-948.48%	-6568.72%	-	Upgrade
EBITDA	-2.04	-0.9	-0.25	-1.29	-0.99	-	Upgrade
EBITDA Margin	-	-	-	-179.51%	-	-	Upgrade
D&A For EBITDA	0.13	0.25	0.53	1.86	1.98	-	Upgrade
EBIT	-2.17	-1.16	-0.77	-3.15	-2.97	-0.26	Upgrade

Updated Feb 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.