Formation Metals Income Statement

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

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023
Selling, General & Admin	0.9	0.36	0.11	0.12
Operating Expenses	4.48	3.02	0.11	0.12
Operating Income	-4.48	-3.02	-0.11	-0.12
Interest & Investment Income	0.12	0.02	0.01	-
Other Non Operating Income (Expenses)	-1.83	-0.14	-0.04	-
Pretax Income	-6.19	-3.13	-0.14	-0.12
Net Income	-6.19	-3.13	-0.14	-0.12
Net Income to Common	-6.19	-3.13	-0.14	-0.12
Shares Outstanding (Basic)	50	31	17	-
Shares Outstanding (Diluted)	50	31	17	-
Shares Change (YoY)	77.22%	85.95%	-	-
EPS (Basic)	-0.12	-0.10	-0.01	-
EPS (Diluted)	-0.12	-0.10	-0.01	-
Free Cash Flow	-7.14	-1.15	-0.14	0
Free Cash Flow Per Share	-0.14	-0.04	-0.01	-
EBIT	-4.48	-3.02	-0.11	-0.12

Source: S&P Global Market Intelligence. Standard template. Financial Sources.