Financials data is unavailable for this security.
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Year on year Formation Minerals Inc 's revenues fell -73.98% from 4.42k to 1.15k. This along with an increase in selling, general and administrative costs has contributed to a reduction in net income from a loss of 766.06k to a larger loss of 1.68m.
Gross margin | -- |
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Net profit margin | -3,356.43% |
Operating margin | -6,007.85% |
Return on assets | -707.98% |
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Return on equity | -- |
Return on investment | -- |
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Cash flow in USDView more
In 2024, cash reserves at Formation Minerals Inc fell by 26.96k. Cash Flow from Financing totalled 189.88k or 16,511.30% of revenues. In addition the company used 206.76k for operations while cash used for investing totalled 26.79k.
Cash flow per share | 0.0045 |
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Price/Cash flow per share | 10.70 |
Book value per share | -0.0243 |
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Tangible book value per share | -0.0243 |
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Balance sheet in USDView more
Current ratio | 0.0348 |
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Quick ratio | -- |
Total debt/total equity | -- |
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Total debt/total capital | -- |
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