Forum Energy Metals Corp
XTSX:FMC
Income Statement
Earnings Waterfall
Forum Energy Metals Corp
Income Statement
Forum Energy Metals Corp
| Nov-2005 | Feb-2006 | May-2006 | Aug-2006 | Nov-2006 | Feb-2007 | May-2007 | Aug-2007 | Nov-2007 | Feb-2008 | May-2008 | Aug-2008 | Nov-2008 | Feb-2009 | May-2009 | Aug-2009 | Nov-2009 | Feb-2010 | May-2010 | Aug-2010 | Nov-2010 | Feb-2011 | May-2011 | Aug-2011 | Nov-2011 | Feb-2012 | May-2012 | Aug-2012 | Nov-2012 | Feb-2013 | May-2013 | Aug-2013 | Nov-2013 | Feb-2014 | May-2014 | Aug-2014 | Nov-2014 | Feb-2015 | May-2015 | Aug-2015 | Nov-2015 | Feb-2016 | May-2016 | Aug-2016 | Nov-2016 | Feb-2017 | May-2017 | Aug-2017 | Nov-2017 | Feb-2018 | May-2018 | Aug-2018 | Nov-2018 | Feb-2019 | May-2019 | Aug-2019 | Nov-2019 | Feb-2020 | May-2020 | Aug-2020 | Nov-2020 | Feb-2021 | May-2021 | Aug-2021 | Nov-2021 | Feb-2022 | May-2022 | Aug-2022 | Nov-2022 | Feb-2023 | May-2023 | Aug-2023 | Nov-2023 | Feb-2024 | May-2024 | Aug-2024 | Nov-2024 | Feb-2025 | May-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(4)
|
(1)
|
(5)
|
(5)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(5)
|
(7)
|
(6)
|
(6)
|
(7)
|
(11)
|
(14)
|
(14)
|
(13)
|
|
| Selling, General & Administrative |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
|
| Research & Development |
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(0)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
0
|
(1)
|
(2)
|
(3)
|
(3)
|
(4)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(5)
|
(9)
|
(11)
|
(11)
|
(11)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
(1)
N/A
|
(1)
-22%
|
(1)
+8%
|
(1)
-32%
|
(1)
+4%
|
(1)
-1%
|
(2)
-57%
|
(2)
-4%
|
(2)
+9%
|
(2)
-1%
|
(2)
+13%
|
(2)
+11%
|
(2)
-2%
|
(1)
+8%
|
(1)
+30%
|
(1)
+41%
|
(1)
-46%
|
(1)
-7%
|
(1)
-2%
|
(1)
-22%
|
(1)
+6%
|
(2)
-54%
|
(2)
-31%
|
(4)
-65%
|
(1)
+64%
|
(5)
-282%
|
(5)
-9%
|
(4)
+24%
|
(3)
+34%
|
(3)
-7%
|
(3)
+2%
|
(3)
-13%
|
(4)
-17%
|
(4)
+2%
|
(5)
-37%
|
(5)
+5%
|
(4)
+13%
|
(4)
+5%
|
(2)
+41%
|
(2)
+20%
|
(2)
-5%
|
(2)
+24%
|
(1)
+7%
|
(1)
-6%
|
(1)
+1%
|
(1)
-2%
|
(1)
+15%
|
(1)
-6%
|
(1)
-7%
|
(1)
+18%
|
(1)
+25%
|
(1)
-13%
|
(1)
-13%
|
(1)
-15%
|
(1)
-8%
|
(1)
+3%
|
(1)
+8%
|
(1)
+4%
|
(1)
+40%
|
(1)
+18%
|
(1)
-35%
|
(2)
-181%
|
(2)
+7%
|
(3)
-40%
|
(4)
-39%
|
(5)
-20%
|
(5)
-8%
|
(5)
+5%
|
(5)
0%
|
(6)
-17%
|
(5)
+8%
|
(7)
-34%
|
(6)
+10%
|
(6)
+12%
|
(7)
-25%
|
(11)
-58%
|
(14)
-21%
|
(14)
-3%
|
(13)
+9%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(7)
|
(7)
|
(7)
|
(7)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(3)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
(2)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
3
|
4
|
4
|
3
|
|
| Pre-Tax Income |
(1)
N/A
|
(1)
-22%
|
(1)
+11%
|
(1)
-29%
|
(1)
+13%
|
(1)
+7%
|
(2)
-70%
|
(2)
+5%
|
(1)
+13%
|
(1)
+8%
|
(1)
+34%
|
(1)
-5%
|
(8)
-819%
|
(8)
-1%
|
(8)
+2%
|
(8)
+4%
|
(1)
+88%
|
(1)
+5%
|
(1)
+5%
|
(1)
-34%
|
(1)
+8%
|
(2)
-55%
|
(2)
-30%
|
(3)
-63%
|
(4)
-4%
|
(4)
-7%
|
(4)
-10%
|
(3)
+31%
|
(2)
+21%
|
(3)
-22%
|
(3)
-1%
|
(3)
-15%
|
(3)
-10%
|
(3)
+1%
|
(5)
-36%
|
(4)
+6%
|
(4)
+14%
|
(4)
+6%
|
(2)
+41%
|
(2)
+21%
|
(4)
-114%
|
(3)
+12%
|
(3)
+2%
|
(3)
-3%
|
(1)
+53%
|
(2)
-4%
|
(1)
+14%
|
(1)
-1%
|
(1)
-1%
|
(1)
+18%
|
(1)
+26%
|
(1)
-20%
|
(1)
-18%
|
(1)
-13%
|
(1)
-8%
|
(1)
+3%
|
(1)
+6%
|
(1)
+9%
|
(1)
+49%
|
(0)
+22%
|
(2)
-337%
|
(2)
-6%
|
(3)
-59%
|
(4)
-18%
|
(3)
+16%
|
(4)
-22%
|
(5)
-8%
|
(4)
+3%
|
(5)
-4%
|
(5)
-8%
|
(4)
+11%
|
(6)
-35%
|
(5)
+10%
|
(5)
+7%
|
(6)
-17%
|
(8)
-38%
|
(10)
-24%
|
(10)
-4%
|
(10)
+5%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Income from Continuing Operations |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(7)
|
(7)
|
(7)
|
(7)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(5)
|
(4)
|
(4)
|
(4)
|
(2)
|
(2)
|
(4)
|
(3)
|
(3)
|
(3)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(2)
|
(2)
|
(3)
|
(4)
|
(3)
|
(4)
|
(5)
|
(4)
|
(5)
|
(5)
|
(4)
|
(6)
|
(5)
|
(5)
|
(6)
|
(8)
|
(10)
|
(10)
|
(10)
|
|
| Net Income (Common) |
(1)
N/A
|
(1)
-24%
|
(1)
+11%
|
(1)
-29%
|
(1)
+16%
|
(1)
+8%
|
(2)
-75%
|
(2)
+5%
|
(1)
+49%
|
(1)
+14%
|
(0)
+64%
|
(0)
-16%
|
(7)
-2 348%
|
(7)
-1%
|
(7)
+3%
|
(7)
+4%
|
(1)
+91%
|
(1)
+9%
|
(0)
+8%
|
(1)
-57%
|
(1)
+21%
|
(1)
-92%
|
(2)
-40%
|
(3)
-79%
|
(3)
-15%
|
(4)
-11%
|
(4)
-10%
|
(3)
+31%
|
(2)
+21%
|
(3)
-22%
|
(3)
-1%
|
(3)
-15%
|
(3)
-10%
|
(3)
+1%
|
(5)
-36%
|
(4)
+6%
|
(4)
+14%
|
(4)
+6%
|
(2)
+41%
|
(2)
+21%
|
(4)
-114%
|
(3)
+12%
|
(3)
+2%
|
(3)
-3%
|
(1)
+53%
|
(2)
-4%
|
(1)
+14%
|
(1)
-1%
|
(1)
-1%
|
(1)
+18%
|
(1)
+26%
|
(1)
-20%
|
(1)
-18%
|
(1)
-13%
|
(1)
-8%
|
(1)
+3%
|
(1)
+6%
|
(1)
+9%
|
(1)
+49%
|
(0)
+22%
|
(2)
-337%
|
(2)
-6%
|
(3)
-59%
|
(4)
-18%
|
(3)
+16%
|
(4)
-22%
|
(5)
-8%
|
(4)
+3%
|
(5)
-4%
|
(5)
-8%
|
(4)
+11%
|
(6)
-35%
|
(5)
+10%
|
(5)
+7%
|
(6)
-17%
|
(8)
-38%
|
(10)
-24%
|
(10)
-4%
|
(10)
+5%
|
|
| EPS (Diluted) |
-0.59
N/A
|
-0.5
+15%
|
-0.33
+34%
|
-0.42
-27%
|
-0.37
+12%
|
-0.32
+14%
|
-0.51
-59%
|
-0.41
+20%
|
-0.23
+44%
|
-0.16
+30%
|
-0.06
+63%
|
-0.06
N/A
|
-1.53
-2 450%
|
-1.28
+16%
|
-1.17
+9%
|
-1.07
+9%
|
-0.1
+91%
|
-0.54
-440%
|
-0.03
+94%
|
-0.1
-233%
|
-0.08
+20%
|
-0.14
-75%
|
-0.2
-43%
|
-0.27
-35%
|
-0.35
-30%
|
-0.37
-6%
|
-0.38
-3%
|
-0.26
+32%
|
-0.21
+19%
|
-0.17
+19%
|
-0.21
-24%
|
-0.16
+24%
|
-0.19
-19%
|
-0.11
+42%
|
-0.15
-36%
|
-0.12
+20%
|
-0.11
+8%
|
-0.12
-9%
|
-0.06
+50%
|
-0.05
+17%
|
-0.1
-100%
|
-0.06
+40%
|
-0.05
+17%
|
-0.08
-60%
|
-0.03
+63%
|
-0.02
+33%
|
-0.02
N/A
|
-0.01
+50%
|
-0.02
-100%
|
-0.01
+50%
|
0
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.02
-100%
|
-0.01
+50%
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
0
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.03
-50%
|
-0.03
N/A
|
-0.02
+33%
|
-0.03
-50%
|
-0.03
N/A
|
-0.03
N/A
|
-0.03
N/A
|
-0.03
N/A
|
-0.02
+33%
|
-0.03
-50%
|
-0.03
N/A
|
-0.02
+33%
|
-0.02
N/A
|
-0.03
-50%
|
-0.03
N/A
|
-0.03
N/A
|
-0.03
N/A
|
|