FORMATION MINERALS, INC. financial data

Location
Las Vegas, NV
Fiscal year end
30 April
Latest financial report
10-Q - Q4 2024 - 28 May 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 3.45 % -90.7%
Debt-to-equity -114 % -263%
Return On Equity 180 % +89%
Return On Assets -313 %
Operating Margin 10.1K %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 100M shares +9.47%
Common Stock, Shares, Outstanding 99.1M shares +75.9%
Entity Public Float 0 USD
Common Stock, Value, Issued 991K USD +75.9%
Weighted Average Number of Shares Outstanding, Basic 99.1M shares +1504%
Weighted Average Number of Shares Outstanding, Diluted 99.1M shares +1504%

Income Statement

Label TTM Value / Value Unit Change %
Revenues -21.4K USD -14.2%
Research and Development Expense 3.23K USD -83.4%
General and Administrative Expense 1.43M USD +88.3%
Operating Income (Loss) -2.17M USD -63.2%
Nonoperating Income (Expense) -599K USD +44.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -967K USD +35.2%
Net Income (Loss) Attributable to Parent -1.23M USD +49.3%
Earnings Per Share, Basic 0 USD/shares +95.8%
Earnings Per Share, Diluted 0 USD/shares +95.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 134K USD
Assets, Current 185K USD
Property, Plant and Equipment, Net 201K USD
Assets 372K USD
Accrued Liabilities, Current 43.5K USD -33.5%
Liabilities, Current 848K USD -23%
Liabilities 4.35M USD +603%
Common Stocks, Including Additional Paid in Capital 49.5K USD +800%
Retained Earnings (Accumulated Deficit) -22.5M USD -545%
Stockholders' Equity Attributable to Parent -3.97M USD -3440%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -834K USD +21.5%
Liabilities and Equity 372K USD

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -289K USD +25.6%
Net Cash Provided by (Used in) Financing Activities 141K USD -39.7%
Net Cash Provided by (Used in) Investing Activities 140K USD -57.6%
Common Stock, Shares Authorized 1.85B shares +640%
Common Stock, Shares, Issued 99.1M shares +75.9%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -8.58K USD -105%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 9.56K USD -76.1%
Deferred Tax Assets, Valuation Allowance 1.02M USD +8.63%
Depreciation 15.5K USD
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.68M USD -119%
Deferred Tax Assets, Operating Loss Carryforwards 1.02M USD +8.63%
Additional Paid in Capital 17.5M USD +666%
Deferred Tax Assets, Net of Valuation Allowance 96.6K USD -34.1%
Share-based Payment Arrangement, Expense 250K USD
Interest Expense 8.15K USD -1.35%