Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Foremost Clean Energy Ltd. files with the SEC in its annual reports.
In CAD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2022
FY2024
FY2024
FY2025
Operating income
-3.96
-3.54
-4.5
-5.82
Interest income
0.02
0.01
0
0
Income tax
0
0
0
Net income
-4.15
0.96
-4.47
-3.62
EPS, basic
-1.27
0.25
-0.99
-0.48
EPS, diluted
-1.27
0.24
-0.99
-0.48
Balance sheet
FY2022
FY2024
FY2024
FY2025
Cash and equivalents
0.24
0.57
1
5.01
Total current assets
0.43
0.8
1.49
5.36
Total assets
7.92
13.3
16.6
27.7
Accounts payable
1.03
1.62
1.58
0.31
Short-term debt
0.01
1.22
1.14
0.52
Total current liabilities
1.1
2.91
3.39
3.25
Lease liabilities
0.03
0
0
Total liabilities
1.18
2.91
3.39
3.25
Retained earnings
-19.7
-17.9
-21.5
-24.5
Total equity
6.74
10.4
13.2
24.5
Total liabilities and equity
7.92
13.3
16.6
27.7
Cash flow statement
FY2022
FY2024
FY2024
FY2025
Net income
-4.15
0.96
-4.47
-3.62
Cash from operations
-1.4
-2.48
-3.79
-3.78
Cash from investing
-0.83
-0.8
-2.34
-2.67
Debt repaid
0
0
-0.03
Stock issued
0.59
1.66
7.05
11.9
Cash from financing
2.07
3.61
6.56
10.5
Net change in cash
-0.16
0.34
0.42
4.01
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. No valuation: the share price is quoted in a different currency than the statements.
Profitability
Metric
Value
How it is calculated
Return on assets (ROA)
-16.3%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Total assets growth, 1y
67.1%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
51.9%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.65x
Current assets / current liabilities.
Quick ratio
1.54x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
1.54x
(Cash + short-term investments) / current liabilities.
Liabilities / assets
11.7%
Total liabilities / total assets.
Working capital
CA$2.1M
Current assets - current liabilities.
Per share
Metric
Value
How it is calculated
EPS, diluted
-CA$0.48
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
-CA$0.48
Net income per basic share, as reported (split-adjusted).
Was Foremost Clean Energy Ltd. profitable in fiscal 2025?
No. It reported a net loss of CA$3.6M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.