Formation Metals Balance Sheet

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

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Dec '24 Dec 31, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023
Cash & Equivalents	1.15	0.71	0
Cash & Short-Term Investments	1.15	0.71	0
Cash Growth	57063.64%	35481.85%	-
Other Receivables	0.06	0.01	-
Receivables	0.06	0.01	-
Total Current Assets	1.35	0.72	0
Property, Plant & Equipment	0.67	0.53	-
Total Assets	2.01	1.25	0
Accounts Payable	0.06	0.03	0.01
Other Current Liabilities	-	0.01	0.11
Total Current Liabilities	0.12	0.03	0.12
Total Liabilities	0.12	0.03	0.12
Common Stock	2.68	1.48	0
Retained Earnings	-1.37	-0.26	-0.12
Shareholders' Equity	1.89	1.22	-0.12
Total Liabilities & Equity	2.01	1.25	0
Net Cash (Debt)	1.15	0.71	0
Net Cash Growth	57063.64%	35481.85%	-
Net Cash Per Share	0.04	0.04	-
Filing Date Shares Outstanding	36.54	28.48	-
Total Common Shares Outstanding	36.54	28.48	-
Working Capital	1.23	0.69	-0.12
Book Value Per Share	0.05	0.04	-
Tangible Book Value	1.89	1.22	-0.12
Tangible Book Value Per Share	0.05	0.04	-

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