Fortress Minerals Limited (SGX:OAJ)

Fortress Minerals Income Statement

Financials in millions USD. Fiscal year is March - February.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 30, 2025	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Revenue	68.77	56.25	53.93	53.55	43.37	47.72
Revenue Growth (YoY)	35.41%	4.30%	0.72%	23.48%	-9.12%	84.06%
Cost of Revenue	33.49	25.55	23.08	18.1	11.65	12.65
Gross Profit	35.27	30.7	30.85	35.45	31.72	35.07
Selling, General & Admin	11.28	8.97	8.31	8.35	5.58	5.69
Other Operating Expenses	9.81	8.21	7.38	6.79	6.78	5.82
Operating Expenses	21.09	17.19	15.68	15.14	12.36	11.51
Operating Income	14.19	13.51	15.17	20.31	19.36	23.56
Interest Expense	-0.5	-0.6	-0.96	-1.01	-0.79	-0.06
Interest & Investment Income	0.27	0.27	0.17	0.03	0.01	0.04
Currency Exchange Gain (Loss)	-	-	-	-	0.07	-
EBT Excluding Unusual Items	14.23	13.19	14.39	19.33	18.66	23.53
Merger & Restructuring Charges	-	-	-	-	-0.04	-0.21
Gain (Loss) on Sale of Investments	-0.03	0.01	0.05	0	-	-
Gain (Loss) on Sale of Assets	-	-	0.16	0.01	0.03	0.03
Asset Writedown	-3	-3	-	-	-	-
Other Unusual Items	0.3	0.3	-0.72	-1.79	-	0
Pretax Income	11.5	10.49	13.87	17.56	18.66	23.36
Income Tax Expense	4.39	4.72	3.84	5.46	4.77	5.11
Earnings From Continuing Operations	7.11	5.77	10.04	12.1	13.88	18.25
Net Income to Company	7.11	5.77	10.04	12.1	13.88	18.25
Minority Interest in Earnings	0.63	0.55	0.01	0.02	0.01	0.01
Net Income	7.74	6.32	10.05	12.12	13.89	18.25
Net Income to Common	7.74	6.32	10.05	12.12	13.89	18.25
Net Income Growth	-4.41%	-37.06%	-17.07%	-12.78%	-23.89%	180.94%
Shares Outstanding (Basic)	524	523	521	500	500	500
Shares Outstanding (Diluted)	524	523	521	500	500	500
Shares Change (YoY)	0.32%	0.50%	4.14%	-	-	1.06%
EPS (Basic)	0.01	0.01	0.02	0.02	0.03	0.04
EPS (Diluted)	0.01	0.01	0.02	0.02	0.03	0.04
EPS Growth	-4.72%	-37.38%	-20.37%	-12.78%	-23.89%	178.00%
Free Cash Flow	6.79	9.85	9.15	13.75	7.43	11.92
Free Cash Flow Per Share	0.01	0.02	0.02	0.03	0.01	0.02
Dividend Per Share	0.003	0.003	0.005	0.006	0.006	0.007
Dividend Growth	-26.09%	-26.09%	-23.33%	3.45%	-22.67%	92.31%
Gross Margin	51.30%	54.57%	57.21%	66.21%	73.15%	73.50%
Operating Margin	20.63%	24.02%	28.13%	37.92%	44.65%	49.36%
Profit Margin	11.26%	11.24%	18.63%	22.63%	32.04%	38.25%
Free Cash Flow Margin	9.87%	17.52%	16.97%	25.67%	17.14%	24.97%
EBITDA	19.6	17.99	19.56	23.99	22.42	26.35
EBITDA Margin	28.50%	31.98%	36.27%	44.80%	51.71%	55.23%
D&A For EBITDA	5.41	4.48	4.39	3.68	3.06	2.8
EBIT	14.19	13.51	15.17	20.31	19.36	23.56
EBIT Margin	20.63%	24.02%	28.13%	37.92%	44.65%	49.36%
Effective Tax Rate	38.20%	44.97%	27.65%	31.11%	25.59%	21.89%

Updated Nov 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.