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 %
Debt-to-equity -114% % -263%
Return On Equity 180% % 89%
Return On Assets -313% %
Operating Margin 10145% %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 100,035,585 shares 9.5%
Common Stock, Shares, Outstanding 99,112,508 shares 76%
Common Stock, Value, Issued $991,126 USD 76%
Weighted Average Number of Shares Outstanding, Basic 99,112,508 shares 1504%
Weighted Average Number of Shares Outstanding, Diluted 99,112,508 shares 1504%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $21,420 USD -14%
General and Administrative Expense $1,429,112 USD 88%
Operating Income (Loss) $2,172,999 USD -63%
Nonoperating Income (Expense) $598,815 USD 45%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $967,009 USD 35%
Net Income (Loss) Attributable to Parent $1,230,672 USD 49%
Earnings Per Share, Basic 0 USD/shares 96%
Earnings Per Share, Diluted 0 USD/shares 96%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current $133,658 USD
Assets, Current $184,883 USD
Property, Plant and Equipment, Net $201,421 USD
Assets $371,630 USD
Liabilities, Current $848,417 USD -23%
Liabilities $4,346,396 USD 603%
Retained Earnings (Accumulated Deficit) $22,473,998 USD -545%
Stockholders' Equity Attributable to Parent $3,974,766 USD -3440%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $833,612 USD 21%
Liabilities and Equity $371,630 USD

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $289,100 USD 26%
Net Cash Provided by (Used in) Financing Activities $140,516 USD -40%
Net Cash Provided by (Used in) Investing Activities $140,000 USD -58%
Common Stock, Shares Authorized 1,850,000,000 shares 640%
Common Stock, Shares, Issued 99,112,508 shares 76%
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 $8,584 USD -105%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $9,555 USD -76%
Deferred Tax Assets, Valuation Allowance $1,021,906 USD 8.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $1,679,708 USD -119%
Deferred Tax Assets, Operating Loss Carryforwards $1,021,906 USD 8.6%
Additional Paid in Capital $17,508,031 USD 666%