Fortress Minerals Limited (SGX:OAJ)

Fortress Minerals Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2025	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Cash & Equivalents	9.71	7.85	7.68	5.67	6.91	7.8
Short-Term Investments	-	2.25	1.26	1.59	1.69	1.35
Trading Asset Securities	0.99	1.04	2.2	1.47	-	-
Cash & Short-Term Investments	10.69	11.14	11.14	8.72	8.6	9.15
Cash Growth	-3.97%	0.04%	27.70%	1.43%	-6.00%	-20.61%
Accounts Receivable	4.25	6.24	7.21	3.91	1.32	11.21
Other Receivables	10.78	1.74	1.69	1.22	0.97	0.02
Receivables	15.04	7.98	8.89	5.14	2.29	11.23
Inventory	7.27	6.18	3.14	4.67	3.1	1.03
Prepaid Expenses	-	4.74	2	1.92	3.78	3.17
Other Current Assets	-	-	-	-	-	9
Total Current Assets	33	30.04	25.17	20.45	17.77	33.58
Property, Plant & Equipment	73.26	70.16	69.22	70.23	70.66	26.28
Goodwill	3.19	3.02	2.83	3.01	3.27	-
Long-Term Deferred Tax Assets	-	-	-	-	0.34	-
Total Assets	110.11	103.22	97.22	93.69	92.03	59.86
Accounts Payable	0.81	1.86	1.18	1.25	0.99	0.42
Accrued Expenses	-	7.26	5.44	5.66	3.01	4.76
Current Portion of Long-Term Debt	6.03	3.46	6.94	7.13	6.36	0.65
Current Portion of Leases	0.11	0.09	1.27	0.63	1.92	0.2
Current Income Taxes Payable	0.05	0.1	0.01	0.06	0.8	1.61
Other Current Liabilities	10.05	3.03	2.15	3.14	1.97	1.09
Total Current Liabilities	17.04	15.82	17	17.86	15.05	8.73
Long-Term Debt	2.51	2.61	1.92	7.73	15.76	1.3
Long-Term Leases	0.02	0.04	0.21	0.05	0.57	0.04
Long-Term Deferred Tax Liabilities	4.14	3.83	3.54	3.58	3.48	1.38
Other Long-Term Liabilities	2.05	2.05	2.31	2.25	0.39	-
Total Liabilities	25.76	24.35	24.97	31.48	35.25	11.45
Common Stock	29	29	29	22.46	22.46	22.46
Retained Earnings	60.38	57.92	54.64	47.74	38.53	28.41
Comprehensive Income & Other	-4.62	-7.72	-11.39	-7.96	-4.19	-2.45
Total Common Equity	84.75	79.2	72.25	62.24	56.81	48.42
Minority Interest	-0.4	-0.33	0	-0.03	-0.02	-0.01
Shareholders' Equity	84.35	78.87	72.25	62.21	56.78	48.41
Total Liabilities & Equity	110.11	103.22	97.22	93.69	92.03	59.86
Total Debt	8.67	6.21	10.33	15.54	24.6	2.19
Net Cash (Debt)	2.03	4.93	0.8	-6.82	-16	6.96
Net Cash Growth	151.99%	513.91%	-	-	-	8.53%
Net Cash Per Share	0.00	0.01	0.00	-0.01	-0.03	0.01
Filing Date Shares Outstanding	523.32	523.32	523.32	523.32	500	500
Total Common Shares Outstanding	523.32	523.32	523.32	500	500	500
Working Capital	15.96	14.22	8.17	2.59	2.73	24.85
Book Value Per Share	0.16	0.15	0.14	0.12	0.11	0.10
Tangible Book Value	81.57	76.18	69.41	59.23	53.54	48.42
Tangible Book Value Per Share	0.16	0.15	0.13	0.12	0.11	0.10
Machinery	-	38.97	32.52	30.85	22.69	20.82
Construction In Progress	-	3.78	2.72	3.7	9.12	1.44

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