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	Aug 31, 2025	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Revenue	63.39	56.25	53.93	53.55	43.37	47.72
Revenue Growth (YoY)	25.63%	4.30%	0.72%	23.48%	-9.12%	84.06%
Cost of Revenue	32.93	25.55	23.08	18.1	11.65	12.65
Gross Profit	30.46	30.7	30.85	35.45	31.72	35.07
Selling, General & Admin	10.02	8.97	8.31	8.35	5.58	5.69
Other Operating Expenses	10.23	8.21	7.38	6.79	6.78	5.82
Operating Expenses	20.25	17.19	15.68	15.14	12.36	11.51
Operating Income	10.2	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	10.29	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	7.56	10.49	13.87	17.56	18.66	23.36
Income Tax Expense	4.19	4.72	3.84	5.46	4.77	5.11
Earnings From Continuing Operations	3.37	5.77	10.04	12.1	13.88	18.25
Net Income to Company	3.37	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	3.99	6.32	10.05	12.12	13.89	18.25
Net Income to Common	3.99	6.32	10.05	12.12	13.89	18.25
Net Income Growth	-59.48%	-37.06%	-17.07%	-12.78%	-23.89%	180.94%
Shares Outstanding (Basic)	522	523	521	500	500	500
Shares Outstanding (Diluted)	522	523	521	500	500	500
Shares Change (YoY)	0.16%	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	-59.55%	-37.38%	-20.37%	-12.78%	-23.89%	178.00%
Free Cash Flow	3.12	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	48.05%	54.57%	57.21%	66.21%	73.15%	73.50%
Operating Margin	16.10%	24.02%	28.13%	37.92%	44.65%	49.36%
Profit Margin	6.30%	11.24%	18.63%	22.63%	32.04%	38.25%
Free Cash Flow Margin	4.93%	17.52%	16.97%	25.67%	17.14%	24.97%
EBITDA	15.11	17.99	19.56	23.99	22.42	26.35
EBITDA Margin	23.84%	31.98%	36.27%	44.80%	51.71%	55.23%
D&A For EBITDA	4.91	4.48	4.39	3.68	3.06	2.8
EBIT	10.2	13.51	15.17	20.31	19.36	23.56
EBIT Margin	16.10%	24.02%	28.13%	37.92%	44.65%	49.36%
Effective Tax Rate	55.43%	44.97%	27.65%	31.11%	25.59%	21.89%

Updated Jan 9, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.