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Formation Metals Inc. (FOMO.CN)

Formation Metals Inc. (FOMO.CN)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
Formation Metals Inc is engaged in the acquisition and exploration of mineral property assets. Its portfolio includes Nicobat, a Nickel-Copper-Cobalt property in Ontario, and the N2 Gold project in Quebec.

Fiscal Year End Date: 03/31

(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Dec, 2024 Sep, 2024
Sales 0 0 0 0 0
Sales Growth unch unch unch unch unch
Net Income -2,277 -914 -977 -2,022 -1,082
Net Income Growth -149.23% +6.48% +51.69% -86.89% -7,577.98%
(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Dec, 2024 Sep, 2024
Total Assets 15,076 7,389 3,857 2,832 2,012
Total Assets Growth +104.03% +91.58% +36.21% +40.74% +64.08%
Total Liabilities 322 1,442 54 142 121
Total Liabilities Growth -77.67% +2,587.54% -62.33% +17.84% +218.47%
(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Dec, 2024 Sep, 2024
Operating Cash Flow -1,336 -2,608 -1,045 -648 -266
Operating Cash Flow Growth +48.76% -149.51% -61.35% -143.16% -983.23%
Net Cash Flow 6,561 1,797 137 160 458
Change in Net Cash Flow +265.16% +1,207.59% -13.93% -65.15% +1,962.74%
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