Forum Energy Metals Corp.

TSXV:FMC Stock Report

Market Cap: CA$20.6m

Forum Energy Metals Past Earnings Performance

Past criteria checks 0/6

Forum Energy Metals's earnings have been declining at an average annual rate of -32.5%, while the Oil and Gas industry saw earnings growing at 39.4% annually.

Key information

-32.5%

Earnings growth rate

-17.2%

EPS growth rate

Oil and Gas Industry Growth42.1%
Revenue growth raten/a
Return on equity-240.3%
Net Marginn/a
Last Earnings Update31 Aug 2024

Recent past performance updates

No updates

Recent updates

Here's Why We're A Bit Worried About Forum Energy Metals' (CVE:FMC) Cash Burn Situation

Aug 25
Here's Why We're A Bit Worried About Forum Energy Metals' (CVE:FMC) Cash Burn Situation

Will Forum Energy Metals (CVE:FMC) Spend Its Cash Wisely?

Apr 28
Will Forum Energy Metals (CVE:FMC) Spend Its Cash Wisely?

We're Hopeful That Forum Energy Metals (CVE:FMC) Will Use Its Cash Wisely

Oct 30
We're Hopeful That Forum Energy Metals (CVE:FMC) Will Use Its Cash Wisely

Revenue & Expenses Breakdown

How Forum Energy Metals makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSXV:FMC Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Aug 240-8110
31 May 240-670
29 Feb 240-560
30 Nov 230-560
31 Aug 230-670
31 May 230-450
28 Feb 230-560
30 Nov 220-550
31 Aug 220-450
31 May 220-550
28 Feb 220-440
30 Nov 210-340
31 Aug 210-430
31 May 210-320
28 Feb 210-210
30 Nov 200-210
31 Aug 200000
31 May 200-110
29 Feb 200-110
30 Nov 190-110
31 Aug 190-110
31 May 190-110
28 Feb 190-110
30 Nov 180-110
31 Aug 180-110
31 May 180-110
28 Feb 180-110
30 Nov 170-110
31 Aug 170-110
31 May 170-110
28 Feb 170-210
30 Nov 160-110
31 Aug 160-310
31 May 160-310
29 Feb 160-310
30 Nov 150-420
31 Aug 150-220
31 May 150-220
28 Feb 150-440
30 Nov 140-440
31 Aug 140-450
31 May 140-550

Quality Earnings: FMC is currently unprofitable.

Growing Profit Margin: FMC is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: FMC is unprofitable, and losses have increased over the past 5 years at a rate of 32.5% per year.

Accelerating Growth: Unable to compare FMC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FMC is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-20.2%).


Return on Equity

High ROE: FMC has a negative Return on Equity (-240.28%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/07 02:16
End of Day Share Price 2025/01/07 00:00
Earnings2024/08/31
Annual Earnings2023/11/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Forum Energy Metals Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution