Foremost Clean Energy Balance Sheet

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

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	4.08	5.01	1	0.57	0.24	0.39
Cash & Short-Term Investments	4.08	5.01	1	0.57	0.24	0.39
Cash Growth	-36.05%	401.41%	73.74%	144.03%	-39.97%	12129.90%
Accounts Receivable	-	-	-	0.03	0.06	0.05
Other Receivables	0.38	0.23	0.15	0.13	0.09	0.04
Receivables	0.38	0.23	0.15	0.16	0.14	0.09
Prepaid Expenses	0.31	0.12	0.34	0.06	0.06	0.03
Total Current Assets	4.77	5.36	1.49	0.8	0.43	0.52
Property, Plant & Equipment	29.08	21.32	15.09	12.48	7.19	6.26
Long-Term Investments	1.75	0.38	-	0	0.01	0.01
Long-Term Accounts Receivable	-	-	-	-	0.03	0.09
Other Long-Term Assets	0.06	0.15	0.02	0.02	0.25	0.05
Total Assets	35.94	27.74	16.6	13.3	7.92	6.92
Accounts Payable	0.12	0.09	1.1	0.88	0.6	0.54
Accrued Expenses	0.37	0.21	0.18	0.42	0.17	0.44
Short-Term Debt	-	0.52	1.14	1.22	0.01	0.01
Current Portion of Long-Term Debt	-	-	-	0.04	-	-
Current Portion of Leases	-	-	-	0.03	0.06	0.05
Current Unearned Revenue	-	1.79	0.01	-	-	-
Other Current Liabilities	0.99	-	0.3	0.31	0.26	-
Total Current Liabilities	1.48	2.62	2.73	2.91	1.1	1.04
Long-Term Debt	-	-	-	-	0.04	0.04
Long-Term Leases	-	-	-	-	0.03	0.1
Other Long-Term Liabilities	-	0.63	0.66	-	-	-
Total Liabilities	1.48	3.25	3.39	2.91	1.18	1.18
Common Stock	59.57	45.67	32.12	26.45	24.16	20.17
Retained Earnings	-27.88	-24.46	-21.48	-17.87	-19.72	-15.6
Comprehensive Income & Other	2.77	3.28	2.57	1.81	2.29	1.18
Shareholders' Equity	34.46	24.49	13.21	10.39	6.74	5.75
Total Liabilities & Equity	35.94	27.74	16.6	13.3	7.92	6.92
Total Debt	-	0.52	1.14	1.29	0.14	0.2
Net Cash (Debt)	4.08	4.48	-0.14	-0.72	0.09	0.19
Net Cash Growth	-30.07%	-	-	-	-52.90%	-
Net Cash Per Share	0.34	0.60	-0.03	-0.18	0.03	0.07
Filing Date Shares Outstanding	14.59	11.96	5.48	3.99	3.79	3.16
Total Common Shares Outstanding	14.56	10.42	5.21	3.97	3.61	3.1
Working Capital	3.29	2.74	-1.25	-2.12	-0.67	-0.52
Book Value Per Share	2.37	2.35	2.54	2.62	1.87	1.85
Tangible Book Value	34.46	24.49	13.21	10.39	6.74	5.75
Tangible Book Value Per Share	2.37	2.35	2.54	2.62	1.87	1.85

Updated Feb 11, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q