FMST net incomeFY2026-C$6.90M
FMST net income was -C$6.90M for fiscal 2026 (ended Mar 31, 2026), compared with -C$3.62M in fiscal 2025.
Foremost Clean Energy Ltd. (FMST) financials
For fiscal 2026 (ended Mar 31, 2026), Foremost Clean Energy Ltd. reported -C$6.90M of net income. Figures are in CAD, the currency of its SEC filings.
- Net income, FY2026
- -C$6.90M
- EPS, diluted, FY2026
- -C$0.53
- Cash
- C$6.34M
FY2022FY2026
FMST revenue and earnings growth
FMST EPSFY2026-C$0.53
FMST diluted EPS was -C$0.53 for fiscal 2026 (ended Mar 31, 2026).
Income statement
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 |
|---|---|---|---|---|---|
| Operating income | -C$8.88M | -C$5.82M | -C$4.50M | -C$3.54M | -C$3.96M |
| Interest expense | C$15.0K | C$97.4K | C$126.6K | C$104.0K | C$112.5K |
| Income tax | C$0 | C$0 | C$0 | C$0 | C$0 |
| Net income | -C$6.90M | -C$3.62M | -C$4.47M | C$956.6K | -C$4.15M |
| EPS, basic | -C$0.53 | -C$0.48 | -C$0.99 | C$0.25 | -C$1.27 |
| EPS, diluted | -C$0.53 | -C$0.48 | -C$0.99 | C$0.24 | -C$1.27 |
| Diluted shares | 13.1M | 7.5M | 4.5M | 3.9M | 3.3M |
Balance sheet
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 |
|---|---|---|---|---|---|
| Cash and equivalents | C$6.34M | C$5.01M | C$998.3K | C$574.6K | C$235.5K |
| Current assets | C$7.09M | C$5.36M | C$1.49M | C$795.3K | C$434.1K |
| Total assets | C$39.34M | C$27.74M | C$16.60M | C$13.30M | C$7.92M |
| Current liabilities | C$3.84M | C$3.25M | C$3.39M | C$2.91M | C$1.10M |
| Long-term debt | - | - | C$0 | C$0 | C$40.0K |
| Total debt | - | - | C$0 | C$0 | C$40.0K |
| Total liabilities | C$3.84M | C$3.25M | C$3.39M | C$2.91M | C$1.18M |
| Shareholders' equity | C$35.50M | C$24.49M | C$13.21M | C$10.39M | C$6.74M |
Cash flow
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 |
|---|---|---|---|---|---|
| Operating cash flow | -C$7.59M | -C$3.78M | -C$3.79M | -C$2.48M | -C$1.40M |
| Investing cash flow | -C$8.76M | -C$2.67M | -C$2.34M | -C$797.8K | -C$825.7K |
| Financing cash flow | C$17.69M | C$10.46M | C$6.56M | C$3.61M | C$2.07M |
| Stock-based compensation | C$1.24M | C$872.9K | C$910.7K | C$815.4K | C$2.48M |
Key ratios
Source: XBRL data Foremost Clean Energy Ltd. files with the SEC, latest filing dated Jun 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
FMST peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| FMST | - | - | -C$6.90M | - | $21.1M |
| CCJ | C$3.48B | +11.0% | C$589.58M | 16.9% | $31.74B |
| NXE | - | - | -C$309.68M | - | $5.59B |
| UEC | $37.25M | -44.3% | -$137.31M | -368.6% | $3.55B |
| ALM | C$32.51M | +12.8% | -C$161.91M | -498.0% | $2.35B |
| DNN | C$4.92M | +22.2% | -C$217.29M | -4418.2% | $2.01B |
| IPX | $1.87M | -15.1% | -$66.77M | -3568.0% | $535.2M |
| NMG | C$3.04M | -15.9% | -C$105.18M | -3462.0% | $266.6M |
| EU | $55.25M | +24.1% | -$65.22M | -118.1% | $122.1M |
FMST FAQ
5 questionsIs FMST profitable?
No. Foremost Clean Energy Ltd. reported a net loss of C$6.90M for fiscal 2026 (ended Mar 31, 2026).How much cash and debt does FMST have?
Foremost Clean Energy Ltd. reported C$6.34M in cash and cash equivalents on its most recent balance sheet in SEC filings.What is FMST earnings per share?
Diluted earnings per share were -C$0.53 for fiscal 2026 (ended Mar 31, 2026), from SEC filings, restated for any stock split those filings show.When did FMST last report financial results?
The latest statements here come from Foremost Clean Energy Ltd.'s 20-F filed on Jun 30, 2026, covering the period ended Mar 31, 2026.Where does this FMST financial data come from?
Quantisnow builds these statements from the structured XBRL data Foremost Clean Energy Ltd. files with the SEC. It is provided for information only and is not investment advice.