Formation Metals Inc. (FOMTF)

Formation Metals Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023
Cash & Equivalents	1.31	0.71	0
Cash & Short-Term Investments	1.31	0.71	0
Cash Growth	83.03%	35481.85%	-
Other Receivables	0.07	0.01	-
Receivables	0.07	0.01	-
Prepaid Expenses	0.51	-	-
Total Current Assets	1.88	0.72	0
Property, Plant & Equipment	0.95	0.53	-
Total Assets	2.83	1.25	0
Accounts Payable	0.14	0.03	0.01
Other Current Liabilities	-	-	0.11
Total Current Liabilities	0.14	0.03	0.12
Total Liabilities	0.14	0.03	0.12
Common Stock	4.72	1.48	0
Retained Earnings	-2.03	-0.26	-0.12
Shareholders' Equity	2.69	1.22	-0.12
Total Liabilities & Equity	2.83	1.25	0
Net Cash (Debt)	1.31	0.71	0
Net Cash Growth	83.03%	35481.85%	-
Net Cash Per Share	0.04	0.04	-
Filing Date Shares Outstanding	41.07	28.48	-
Total Common Shares Outstanding	41.07	28.48	-
Working Capital	1.74	0.69	-0.12
Book Value Per Share	0.07	0.04	-
Tangible Book Value	2.69	1.22	-0.12
Tangible Book Value Per Share	0.07	0.04	-

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